Abstract
In the context of China's vigorous support for the development of new energy vehicles, the new energy automobile industry represented by BYD has developed rapidly, and the purpose of this paper is to study whether new energy vehicles will become the mainstream of the industry in the future against the background of China's new energy development. This article considered the current problems and solutions of new energy vehicle development from the perspectives of politics, profit, and cost and summarized the need for new energy vehicle companies to rationally use policies, reduce production costs by optimizing the supply chain, and, at last, improve product quality to maintain sales profits, which will achieve long-term development in the future and become mainstream in the automotive industry. Although in the short term, traditional fuel vehicles still occupy a certain proportion of the market, they will definitely be replaced by more environmentally friendly and efficient new energy vehicles in the future.
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