Research on the impact of Tesla’s technology patent opening on China’s new energy vehicle industry

Abstract

China has been facing severe air pollution problems in recent years. Since China relies heavily on the industry sector that produces air pollution, China has to make progress on other sectors to alleviate air pollution pressure. The development of Alternative fuel vehicles, especially electric vehicles (EV), is considered the next top strategy to deal with environmental problems. Besides China, the world is transitioning from conventional vehicles to electric vehicles. And a few companies have had major breakthroughs. Tesla, the leading EV company, opened its patent to worldwide EV producers. How this will influence China’s EV industry is worth noting. In this paper, the impact of Tesla’s action is studied. This article uses comparative analysis to evaluate Tesla’s contributions to China’s EV market. The result is that Tesla contributes partially to China’s EV industry. This paper develops a series of policies to help address this issue based on findings.