National policy on new energy and batteries

How will a lack of policies affect the NEV battery industry?

As a core component of NEVs, the battery itself is market-driven by policies, and the lack of continuity in supporting policies will leave the NEV battery industry without supporting policies in the long run, which may slow down the development of the whole industry.

What is a new energy vehicle policy?

Policies covering the sales stage placed maximum emphasis on new energy vehicle subsidies while focusing on the demonstration role of public institution procurement. In the use stage, the most important topic was the construction of charging infrastructure and the environment of new energy vehicles.

How do government policy tools affect the power battery industry?

The government prefers to use environment-side and supply-side policy tools to plan the development of the power battery industry, while demand-side policy tools have a certain traction effect on expanding market demand and improving market mechanisms.

Are power batteries the core of new energy vehicles?

Power batteries are the core of new energy vehicles, especially pure electric vehicles. Owing to the rapid development of the new energy vehicle industry in recent years, the power battery industry has also grown at a fast pace (Andwari et al., 2017).

Did the Chinese government publish a policy on power batteries?

This indicates that the Chinese government hardly published policies on the industrialisation of power batteries in these two years, which slowed down the realisation of policy goals.

What is the government's focus on the power battery industry?

Overall, as this is an emerging industry, the government’s focus varied in different periods, with the initial focus being on R&D and the production of the power battery industry to promote its development.