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The Automotive Industry and the Impact of NEVs

In: Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025)

Author

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  • John Yiqing Cheng

    (Western Academy of Beijing)

Abstract

Renewable energy is a growing concept that manifests itself in many forms in other industries. One of the most notable industries is the NEV (New Energy Vehicle) industry. In recent years, the NEV industry has become a very hot topic among all people throughout society, from investors and entrepreneurs to average citizens. This is the best time to write about the NEV industry since it is still a relatively new industry, but the dust seems to have settled for most markets related to this industry. With markets and investment being a crucial and omnipresent aspect of any economy to this day, it is important to understand how they work and how they interact with other aspects of the economy and society as a whole. From demand and supply to risks associated with the economic aspect of NEVs, this piece uses examples and data analyses to hopefully enhance the knowledge of the economic aspect of the NEV industry for all its viewers.

Suggested Citation

  • John Yiqing Cheng, 2025. "The Automotive Industry and the Impact of NEVs," Advances in Economics, Business and Management Research, in: Prasad Siba Borah & Norhayati Zakuan & Nazimah Hussin & Azlina Binti Md Yassin (ed.), Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025), pages 657-669, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-811-0_69
    DOI: 10.2991/978-94-6463-811-0_69
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