On the Influencing Factors of the Development of New Energy Vehicles in China from the Perspective of Low-carbon Economy

Abstract

With the transformation of global energy structure and the improvement of environmental protection awareness, new energy vehicles, as green and low-carbon modes of transportation, are gradually becoming an important development direction of the global automotive industry. Against this background, this article applies grey correlation analysis to study the influencing factors of the development of new energy vehicles in China. The research results indicate that the prices of public charging stations and new energy vehicles have the highest correlation with the development of new energy vehicles, followed by the prices of new energy batteries and new energy vehicle safety incidents. Based on the conclusions drawn, it is necessary to support the sustainable development of the new energy vehicle industry from three aspects: policy guidance, industrial empowerment, and technological foundation building.