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A Brief Analysis of New Energy Vehicle Development for Promoting Sustainability and Carbon Neutrality in China

In: Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)

Author

Listed:
  • Bojun Xiao

    (National University of Singapore, College of Design and Engineering)

Abstract

With the industrialization and urbanization of China, the significance of carbon neutrality and peak carbon emissions are becoming increasingly larger in recent decades. One of the methodologies to promoting the “dual carbon targets” and sustainability by Chinese government is developing new energy vehicles (NEVs). Nowadays, NEV sales amount in China reached to 58% of the world, and the trend of NEV sales in China represents a steady and rapid augment over 5 years. This article would bring a brief introduction to current situation of NEVs in China, and analyze 4 mainstream types of NEVs, namely plug-in hybrid electric vehicles (PHEVs), extended-range hybrid electric vehicles (EREVs), batteries electric vehicles (BEVs), and fuel cell electric vehicles (FCEVs), from the parameters of travel ranges, prices, carbon emissions, and number of recharging/refueling utilities.

Suggested Citation

  • Bojun Xiao, 2024. "A Brief Analysis of New Energy Vehicle Development for Promoting Sustainability and Carbon Neutrality in China," Advances in Economics, Business and Management Research, in: Qiujing Wu & Songsong Liu & Guoliang Wang & Jia Li (ed.), Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024), pages 67-73, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-598-0_9
    DOI: 10.2991/978-94-6463-598-0_9
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