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Cost Management of New Energy Automobile Enterprises

Lu Wang ()
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Lu Wang: High School Attached to Northeast Normal University

A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 1581-1585 from Springer

Abstract: Abstract As new energy vehicles are determined to be the direction of China's automobile industry development, the entire industry has gradually entered a market-oriented competitive environment. The importance of new energy automobile enterprises to improve cost management and market competitiveness has become increasingly prominent. This paper combines the current situation and existing problems in the cost management of new energy enterprises and takes BYD as a case. Sorting out and analyzing BYD's advantages and disadvantages in cost management and giving suggestions based on the advanced concepts and practices of the industry. Besides, this paper emphasizes that reasonable and forward-looking cost management can enable enterprises to improve efficiency, increase profits, and form a suitable living environment.

Keywords: “New energy”; “Automotive”; “Cost management” (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-036-7_236

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DOI: 10.2991/978-94-6463-036-7_236

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