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Academic Journal of Business & Management, 2023, 5(22); doi: 10.25236/AJBM.2023.052209.

Problems and Countermeasures in the Development of New Energy Vehicle Industry in Nanning City under the Target of "Double Carbon"

Author(s)

Peng Huohua

Corresponding Author:
Peng Huohua
Affiliation(s)

School of Economic &Management, Guangxi Normal University, Guilin, 541006, China

Abstract

With growing concerns about global climate change and environmental conservation, the importance of green development and a low-carbon economy has gained significant recognition worldwide. To propel the advancement of new energy vehicles, which are environmentally friendly and energy-efficient means of transportation, China has set forth the dual-carbon goal. However, Nanning City, as an important hub for new energy vehicle production and consumer market, faces several developmental challenges. These include a small industrial scale, an unbalanced industrial structure, low industrial aggregation, and insufficient product sales. To overcome these challenges, it is imperative for Nanning to increase investment and attract new energy vehicle enterprises. Additionally, there is a need to enhance support for structural adjustments within the industry. Moreover, efforts should be made to bolster the construction of the new energy vehicle industry and expedite the development of charging infrastructure. By doing so, Nanning can actively promote the growth of the new energy vehicle sector, contributing toward achieving the ambitious "double carbon" goal.

Keywords

"Double Carbon” Target; Nanning; New Energy Vehicle

Cite This Paper

Peng Huohua. Problems and Countermeasures in the Development of New Energy Vehicle Industry in Nanning City under the Target of "Double Carbon". Academic Journal of Business & Management (2023) Vol. 5, Issue 22: 58-63. https://doi.org/10.25236/AJBM.2023.052209.

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