Development and Policies of New Energy Vehicles in China

At present, the issue of how to rapidly develop and popularize new energy vehicles has sparked some hot discussion in Chinese automobile market. The policies promoting the development of new energy vehicles have become the focus concerned by all related parties. This paper introduces the development background and the development status quo of new energy vehicles in China, analyses the current promoting policies and discusses the trend of these policies in future. We deem that the government role, the technological route selection and the system of subsidies and financial funds for private consumption will decide the prospect of new energy vehicle in China.