Advances in Economics Management and Political Sciences,
Journal Year:
2025,
Volume and Issue:
150(1), P. 144 - 150
Published: Jan. 6, 2025
With
the
implementation
of
Chinas
New
Energy
Vehicle
(NEV)
policy,
automobile
industry
has
undergone
major
transformations
in
market
dynamics
and
corporate
strategy.
This
created
to
address
environmental
concerns
reduce
reliance
on
fossil
fuels,
includes
an
extensive
framework
regulations,
mandates,
financial
incentives
designed
accelerate
adoption
clean
energy
technologies,
such
as
electric
hybrid
vehicles.
Central
NEV
policies
are
substantial
that
increase
consumer
demand
for
NEVs
while
fostering
environment
promotes
innovation
industry.
Consequently,
sales
have
surged,
compelling
automakers
rapidly
adjust
their
product
lines
production
capacities
keep
pace
with
evolving
expectations.
Companies
successfully
adapted
these
regulatory
shifts
enhanced
both
positioning
performance
by
capitalizing
rising
eco-friendly
transportation.
Beyond
economic
effects,
policy
driven
significant
improvements
Environmental,
Social,
Governance
(ESG)
indicators.
policys
focus
ESG
led
a
fundamental
shift
strategy,
sustainability
becoming
central
operations
planning.
paper
underscores
how
aligns
goals
incentives,
facilitating
sustainability,
providing
valuable
insights
stakeholders
navigating
intersection
