Does the Development of New Energy Vehicles Promote Carbon Neutralization?

Abstract

This chapter aims to study whether and how current practices based on the development of new energy vehicles can help promote carbon neutrality in China and in turn contribute to the improvement of global issues related to climate change. Meanwhile, this chapter will explore the role of the government in promoting the development of new energy vehicles in the aspect of sustainable development through policies. How do these institutions promote the development of new energy vehicles in various companies and different provinces in China? How will these developments in turn affect stakeholders in various sectors? This chapter will investigate the impact of China's devotion to the field of new energy vehicles on the sustainable development and low-carbon economy issue. Cases from China will be used to illustrate the improvement the new energy vehicle will make to the low-carbon economy. This chapter will provide suggestions for the government to deal with the problems that occur in the field of new energy vehicles and solve the confronted problems in the aspect of climate change.