China’s New Energy Vehicle Subsidy Policies and Impact on Manufacturers

Fan Sun ()
Additional contact information
Fan Sun: Massey Institute, Nanjing University of Finance and Economics

A chapter in Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025), 2025, pp 545-554 from Springer

Abstract: Abstract Remarkable progress has been achieved in China’s eco-friendly automotive industry, establishing itself as a dominant force in the global automotive landscape. This expansion has been significantly propelled by a series of government subsidy policies implemented over the years. This report aims to provide a comprehensive analysis of China’s NEV subsidy policies specifically between 2020 and 2025, and to examine the multifaceted impact of these policies on both domestic and international NEV manufacturers operating within the country. The analysis will delve into the specifics of the subsidies offered during this period, the strategic objectives behind their implementation, the adjustments and changes that occurred, and the resultant effects on the growth, profitability, and innovation of NEV manufacturers. Understanding these policy dynamics is crucial for stakeholders, particularly in light of evolving global competition and increasing trade tensions. From a macro perspective, the practice and adjustment of NEV subsidy policy in China provides an important policy sample for the development of global new energy automobile industry.

Keywords: NEV; Subsidy Policy; Innovation (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-874-5_64

Ordering information: This item can be ordered from
http://www.springer.com/9789464638745

DOI: 10.2991/978-94-6463-874-5_64

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().