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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on theImpact of Financial Policies on the Development of New Energy Vehicles

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DOI: 10.25236/icepbm.2018.86

Author(s)

Xia Huadan

Corresponding Author

Xia Huadan

Abstract

The government's intervention in industrial development permeates all stages of economic development. In the current period of economic restructuring, the government continues to support and guide the development of some industries. In the new economic normal, the new energy automotive industry is not only an important source of innovation-driven development, but also is related to the wild for the sustainable development of green environmental protection needs. According to the actual situation of the new energy automotive industry and its development in the process, if people only rely on the market mechanism, the development of the new energy automotive industry will be constrained by many factors such as technology and capital to break the initial plight of industrial development. Therefore, in the early stage of the development of new energy automotive industry, it is necessary to support the government subsidies, encourage innovation and other policies, improve the industrial chain and attract social capital so as to promote the expansion of new energy automotive industry and technological progress.

Keywords

Impact, Financial Policies, Development, New Energy Vehicles.