New Energy Vehicles from the Perspective of Market and Environment

Authors

  • Mohammad Raijul Islam Nottingham Trent University, Nottingham, United Kingdom
  • Fakhrul Hasan Liverpool Hope University, Liverpool, United Kingdom

Keywords:

Environment, Market Share, New Energy Vehicles

Abstract

New energy vehicles have received extensive attention from consumers in today's society. In recent years, the strong rise of pure electric vehicles and hybrid vehicles has brought considerable changes to the entire automotive market. This research mainly focuses on the theme of new energy vehicles and explores the competitive advantages and challenges of new energy vehicles for traditional vehicles from both market and environmental perspectives. This research adopts the method of secondary research, collects data and information from websites, books, journals and academic papers, uses quantitative analysis to analyze the sales and share of new energy vehicles in the global and Chinese markets, and explores the impact of new energy vehicles on the traditional Challenges and impacts of automotive-related industries, exploring the impact of new energy vehicles on the environment and energy, and our results shows that the competitive advantages of new energy vehicles mainly lie in: energy saving and environmental protection, government policy support, and future trends

References

Bing, L.,2010. "low-carbon expo" future new energy starts from 2010 Shanghai Expo. HARDWARE.

China Association of Automobile Manufacturers, 2021. Economic performance of automobile industry in May 2021 [WWW Document]. CAA. URL http://www.caam.org.cn/chn/4/cate_30/con_5234082.html (accessed 9.5.21).

China Association of Automobile Manufacturers, 2021. May 2021 new energy vehicles continue to set historical production and sales records for the month [WWW Document]. CAA. URL http://www.caam.org.cn/chn/4/cate_32/con_5234079.html (accessed 9.5.21).

Fang, Q., 2019. The impact of new energy vehicle technology development trend on the traditional automobile industry. Consume Guide, (51) (1672-5719), pp.25-36.

Hasan, F. 2020. How sustainability reporting has changed over the years for companies listed in the oil and gas sector. International Journal of Critical Accounting. 11 (6), pp.520-557.

CrossRef

Hasan, F. 2021a. Corporate social responsibility and agency cost: Evidence from the UK retail industry. International Journal of Research in Finance and Management. 4(2), pp.105-115.

CrossRef

Hasan, F., Hossen, R. and Shahbaz, A.A. 2021b. How Steel Industry has been Affected Due to Trade War Between the USA and China. International Journal of Critical Accounting. 12(4), pp.348-368.

CrossRef

Published

2024-06-22

How to Cite

Mohammad Raijul Islam, & Fakhrul Hasan. (2024). New Energy Vehicles from the Perspective of Market and Environment. Journal of Profession Akseprin, 2(2), 21–30. Retrieved from https://jurnal.akseprin.org/index.php/JOPA/article/view/93

Issue

Section

Articles