Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)

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China’s New Energy Vehicle Subsidy Policies and Impact on Manufacturers

Authors
Fan Sun1, *
1Massey Institute, Nanjing University of Finance and Economics, Nanjing, 210023, China
*Corresponding author. Email: 2120220847@stu.nufe.edu.cn
Corresponding Author
Fan Sun
Available Online 3 November 2025.
DOI
10.2991/978-94-6463-874-5_64How to use a DOI?
Keywords
NEV; Subsidy Policy; Innovation
Abstract

Remarkable progress has been achieved in China’s eco-friendly automotive industry, establishing itself as a dominant force in the global automotive landscape. This expansion has been significantly propelled by a series of government subsidy policies implemented over the years. This report aims to provide a comprehensive analysis of China’s NEV subsidy policies specifically between 2020 and 2025, and to examine the multifaceted impact of these policies on both domestic and international NEV manufacturers operating within the country. The analysis will delve into the specifics of the subsidies offered during this period, the strategic objectives behind their implementation, the adjustments and changes that occurred, and the resultant effects on the growth, profitability, and innovation of NEV manufacturers. Understanding these policy dynamics is crucial for stakeholders, particularly in light of evolving global competition and increasing trade tensions. From a macro perspective, the practice and adjustment of NEV subsidy policy in China provides an important policy sample for the development of global new energy automobile industry.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 November 2025
ISBN
978-94-6463-874-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-874-5_64How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Fan Sun
PY  - 2025
DA  - 2025/11/03
TI  - China’s New Energy Vehicle Subsidy Policies and Impact on Manufacturers
BT  - Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025)
PB  - Atlantis Press
SP  - 545
EP  - 554
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-874-5_64
DO  - 10.2991/978-94-6463-874-5_64
ID  - Sun2025
ER  -