The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework

The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework

Since air pollution and energy safety have become two worldwide concerns, New Energy Vehicles (NEVs) are one of the solutions to solve these problems. China has been taking action toward the NEV industry and has been successful. This paper aims to explore the evolution of the Chinese NEV industry. B...

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Bibliographic Details
Main Authors: Peng Yu, Jian Zhang, Defang Yang, Xin Lin, Tianying Xu
Format: Article
Language:English
Published: MDPI AG 2019-03-01
Series:Sustainability
Subjects:
new energy vehicle
technology–market–policy
development path
Online Access:https://www.mdpi.com/2071-1050/11/6/1711
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spelling doaj-4707f12ca58a481e9338a145ccccbf232020-11-24T22:28:17ZengMDPI AGSustainability2071-10502019-03-01116171110.3390/su11061711su11061711The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy FrameworkPeng Yu0Jian Zhang1Defang Yang2Xin Lin3Tianying Xu4School of Government, Central University of Finance and Economics, Beijing 100081, ChinaSchool of Government, Central University of Finance and Economics, Beijing 100081, ChinaSchool of Management and Economics, Beijing Institute of Technology, Beijing 100081, ChinaSchool of Government, Central University of Finance and Economics, Beijing 100081, ChinaSchool of Government, Central University of Finance and Economics, Beijing 100081, ChinaSince air pollution and energy safety have become two worldwide concerns, New Energy Vehicles (NEVs) are one of the solutions to solve these problems. China has been taking action toward the NEV industry and has been successful. This paper aims to explore the evolution of the Chinese NEV industry. By using a three-dimensional model of technology, market and policy, we collected the national level policies from three NEV developmental stages based on the market sales. We found three reasons for its rising up in China: first, the NEV technical road has been directed by both the government and the market; second, the market has periodicity, so the prospective policies have been set ahead; and third, the government has transformed its role on time. Based on the resource endowment the industry has now, we can draw some inferences on its further development in the longitudinal direction.https://www.mdpi.com/2071-1050/11/6/1711new energy vehicletechnology–market–policydevelopment path
collection DOAJ
language English
format Article
sources DOAJ
author Peng Yu
Jian Zhang
Defang Yang
Xin Lin
Tianying Xu
spellingShingle Peng Yu
Jian Zhang
Defang Yang
Xin Lin
Tianying Xu
The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework
Sustainability
new energy vehicle
technology–market–policy
development path
author_facet Peng Yu
Jian Zhang
Defang Yang
Xin Lin
Tianying Xu
author_sort Peng Yu
title The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework
title_short The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework
title_full The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework
title_fullStr The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework
title_full_unstemmed The Evolution of China’s New Energy Vehicle Industry from the Perspective of a Technology–Market–Policy Framework
title_sort evolution of china’s new energy vehicle industry from the perspective of a technology–market–policy framework
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2019-03-01
description Since air pollution and energy safety have become two worldwide concerns, New Energy Vehicles (NEVs) are one of the solutions to solve these problems. China has been taking action toward the NEV industry and has been successful. This paper aims to explore the evolution of the Chinese NEV industry. By using a three-dimensional model of technology, market and policy, we collected the national level policies from three NEV developmental stages based on the market sales. We found three reasons for its rising up in China: first, the NEV technical road has been directed by both the government and the market; second, the market has periodicity, so the prospective policies have been set ahead; and third, the government has transformed its role on time. Based on the resource endowment the industry has now, we can draw some inferences on its further development in the longitudinal direction.
topic new energy vehicle
technology–market–policy
development path
url https://www.mdpi.com/2071-1050/11/6/1711
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