Exploring the Development Mechanism of New Energy Vehicle Enterprises under ESG Risk Assessment System: A Longitudinal Analysis of BYD Group

Abstract

New energy is an important part of the energy supply system. In recent years, as the scale of global new energy development and utilization continues to expand, the application of the cost of a rapid decline in wind power, photovoltaic, electric vehicles and hydrogen energy as the representative of the new energy industry has become the world's energy map of the most popular areas of competition, the development and utilization of new energy has become a major developed countries to promote the core content of the energy transition and to address climate change is the main way. China's new energy automobile industry after years of development, the level of technology is rapidly improving, the industrial chain is becoming more and more perfect, and has considerable competitiveness in the global market. However, in this process, enterprises will inevitably be subject to problems and risks from industrial policy, technology development, market scale and company organization. From the perspective of strategic risk management, this paper will analyze the strategic risk management tools and mechanisms of new energy automobile enterprises represented by BYD Group at different stages of development based on ESG risk assessment tools, with a view to obtaining the influencing factors to promote the rapid development of related industries, and to help the enterprises grasp the key points of strategic risk management at different periods, so as to help the industry develop in a healthy way.