Advances in Economics, Management and Political Sciences

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Proceedings of the 3rd International Conference on Business and Policy Studies

Series Vol. 67 , 05 January 2024


Open Access | Article

Promoting Green Energy Vehicle: A Global Warming Solution

Jinsong Zhang * 1
1 Hailiang International High school

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 67, 80-86
Published 05 January 2024. © 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 Jinsong Zhang. Promoting Green Energy Vehicle: A Global Warming Solution. AEMPS (2024) Vol. 67: 80-86. DOI: 10.54254/2754-1169/67/20241266.

Abstract

Given the escalating concerns surrounding global warming, nations worldwide are confronted with the urgent need to curb greenhouse gas emissions. Transitioning to energy-efficient vehicles has emerged as a promising solution to mitigate environmental harm. This paper aims to delve into the present-day dynamics and incentives associated with these eco-friendly vehicles. Specifically, it scrutinizes governmental incentives that promote their acquisition, corporate ingenuity in their manufacturing and distribution, consumer allure factors, and the media’s role in portraying both traditional auto industry constraints and affirmative narratives about these sustainable vehicles. Furthermore, the analysis sheds light on predicaments tied to energy vehicles, such as challenges in electricity infrastructure and potential overuse. Findings reveal that prevailing policies across nations remain imperfect, with some strategies focusing on bolstering the effectiveness of green vehicle directives while others are tailored to stimulate consumer buying tendencies. To secure a sustainable vehicular future, an integrated effort among governmental agencies, media outlets, and businesses is paramount.

Keywords

New energy vehicle. Global warming. ESG investment. Green investment

References

1. Bateman, J. (2023, September 14). International Report confirms record-high greenhouse gases, global sea ... The world just sweltered through its hottest August on record. https://www.noaa.gov/news-release/international-report-confirms-record-high-greenhouse-gases-global-sea-levels-in-2022

2. THE PARIS AGREEMENT. (2015, October). Unfccc.int. https://unfccc.int/process-and-meetings/the-paris-agreement

3. Holtsmark, B., & Skonhoft, A. (2014). The Norwegian support and subsidy policy of electric cars. should it be adopted by other countries? Environmental Science & Policy, 42, 160–168.

4. Norsk elbilforening. (2023). Norwegian EV policy. Norsk elbilforening. https://elbil.no/english/norwegian-ev-policy/

5. Barton, B., & Schütte, P. (2016). Electric vehicle law and policy: a comparative analysis. Journal of Energy & Natural Resources Law, 35(2), 147–170.doi:10.1080/02646811.2017.12620

6. IEA (2023), Global EV Outlook 2023, IEA, Paris License: CC BY 4.0

7. Mukherjee,A., Gupta, A., & Mandal, S. (2023) Global Passenger Electric Vehicle Model Sales Tracker: Q1 2018 – Q2 2023. Counterpoint Technology Market Research. https://www.counterpointresearch.com/research_portal/global-passenger-electric-vehicle-model-sales-tracker-q1-2018-q2-2023/

8. An, T. (2021). The Strategic Group Analysis of BYD New Energy vehicles from the perspective of value chain. Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020).

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 3rd International Conference on Business and Policy Studies
ISBN (Print)
978-1-83558-265-7
ISBN (Online)
978-1-83558-266-4
Published Date
05 January 2024
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/67/20241266
Copyright
05 January 2024
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