IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6239-672-2_19.html

Analysis of Competitive Advantages and Financial Performance of New Energy Vehicle Enterprises Based on Resource-Based Theory: A Case Study of BYD, NIO and Li Auto

Author

Listed:
  • Yi Xue

    (Xinjiang Agricultural University, Department of International Education)

Abstract

Against the backdrop of deepening global dual-carbon strategies, the new energy vehicle industry is transitioning from policy-driven to market-driven growth, with industry competition entering the deep waters of differentiated value competition. This paper, grounded in resource-based theory, examines three benchmark automakers—NIO, BYD, and Li Auto—operating in distinct market segments. Employing grounded theory, it constructs a five-dimensional analytical framework encompassing internal production and R&D, management expenses, digital transformation, alongside external market demand and policy support. By dissecting core data from corporate annual reports spanning 2022 to 2024, it systematically investigates the conversion mechanism of resource allocation into competitive advantage and financial performance. Findings reveal: market positioning dictates the core logic of resource allocation, with each firm developing differentiated strategies tailored to their respective segments; resources across the five dimensions exhibit transmission characteristics of internal synergy and external alignment, where production and R&D form the foundational core, digital transformation amplifies efficiency, and policy support alongside market demand provide external underpinning; the VRIN attributes of resources are pivotal to the sustainability of competitive advantage.

Suggested Citation

  • Yi Xue, 2026. "Analysis of Competitive Advantages and Financial Performance of New Energy Vehicle Enterprises Based on Resource-Based Theory: A Case Study of BYD, NIO and Li Auto," Advances in Economics, Business and Management Research,, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-672-2_19
    DOI: 10.2991/978-94-6239-672-2_19
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6239-672-2_19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.