The Prospect of New Energy Vehicle Market

Abstract

China's new energy vehicle market has shown a comprehensive recovery trend as a result of the extension of relevant subsidy and tax exemption policies, as well as the introduction of many measures to promote automobile consumption, but the sales volume of independent brand new energy vehicles has declined, the industrial weakness is prominent, the policy system is imperfect, and the consumption and use environment is not good. Under the influence of a fresh cycle of scientific and technical revolutions, the new energy vehicle sector is undergoing significant changes. To promote industrial development, we must improve local vehicle enterprises' market competitiveness and brand influence, maintain the safety and stability of the domestic industrial chain and supply chain, improve the flexibility and adaptability of industrial policies, constantly optimize the consumption and use environment, promote the digital transformation of new energy vehicles, and implement the quality brand development strategy.