Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 32 , 10 November 2023


Open Access | Article

Research on the Connection Between Government Subvention and the New-Energy Automobile Enterprises’ Investment Behavior

Ran Zhang * 1
1 American University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 32, 29-34
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Ran Zhang. Research on the Connection Between Government Subvention and the New-Energy Automobile Enterprises’ Investment Behavior. AEMPS (2023) Vol. 32: 29-34. DOI: 10.54254/2754-1169/32/20231560.

Abstract

This article discusses the connection between government subvention and the new-energy automobile enterprises’ investment behavior. The article summarizes the analysis of the progression of the policies in the new-energy vehicle enterprises in chronological order and tells us how Chinese government subsidies benefit the new energy vehicle enterprises’ investment behavior from the political aspect, economic aspect, social aspect, and technical aspect, which make up the PEST model. Based on the research, the Chinese government subsidies can contribute to the new energy vehicle enterprises investment behavior efficiently. In addition, this research helps people study the relationships between the government subvention and the new-energy vehicle companies’ investment behavior, which supplies some reference for the related studies.

Keywords

government subsidies, policies, PEST model, carbon neutrality, environmental protection, emerging industries

References

1. Zhang, Y., Pu, Y., & Shi, L. (2014). The analysis on electric vehicle charging infrastructure and government strategy. China Soft Science Magazine, 6.

2. The Influence of the National Subsidy Policy on the Development of the New Energy Vehicles. (2021). https://www.fx361.com/page/2021/0910/9642826.shtml (invalid website)

3. The ministry of finance, & The ministry of science and technology. (2009, January 23). The Notice on Carrying out the Pilot Work of the Demonstration and Spread of Energy-Saving and New Energy Vehicles. Ministry of Finance of the People’s Republic of China. http://www.mof.gov.cn/gkml/caizhengwengao/2009niancaizhengbuwengao/caizhengwengao2009dierqi/200904/t20090413_132178.htm.

4. The national development and reform commission. (2014, July 22). The Notice on the Issues Related to Electric Vehicle Electricity Price Policy. The National Development and Reform Commission of the People’s Republic of China. https://baike.baidu.com/reference/15145561/24a9TLib-1rK5CZFZYUS_J50TvLcfpgBDCVqWD9MHcAixcR_ipA6kkGmMV7WzV82gt-eUu2Qflc0_R0gl3KKZZULja6E_xcfhvc9MGOCR5Ln5j2PdQ

5. The ministry of finance, The ministry of science and technology, The ministry of industry and information technology, The national development and reform commission, & The national energy administration. (2016, January 20). The Notice on the Incentive Policies for Charging Infrastructure of the New Energy Vehicles during the 13th Five-Year Plan and Strengthening the Promotion and Application of New Energy Vehicles. Shanghai New Energy Center for Technology Transfer and Industry Promotion. http://www.most.gov.cn/tztg/201601/t20160120_123772.htm

6. The ministry of finance, The ministry of science and technology, The ministry of industry and information technology, & The national development and reform commission. (2015, April 22). The Notice on the Financial Support Policies for the Promotion and Application of the New Energy Vehicles from 2016 to 2020. The Chinese Government (GOV.CN). http://www.gov.cn/xinwen/2015-04/29/content_2855040.htm

7. Baiteng network, Zhiyan consultation and data collection website, National bureau of statistics of the people’s republic of china, The ministry of public security, & Bp. (2021). The Analysis of China’s New Energy Vehicle Industry Development Environment (PEST) in 2021. Zhiyan Consultation and Data Collection Website. https://mbd.baidu.com/newspage/data/landingsuper?id=1716208647623323316&wfr=spider&for=pc&third=baijiahao&baijiahao_id=1716208647623323316&c_source=kunlun&c_score=0.999000&p_tk=7760k2rjlSxipXE%2FiJUcJQqBpTmWPUwWzJf3u0qz2%2F6JzMYOwfTIutnmMoYXsiNiCJVzKjrUjK

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-085-1
ISBN (Online)
978-1-83558-086-8
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/32/20231560
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated