Study on the effects of emission reduction from electric vehicles in the EU and China and the global competitiveness of China's electric vehicle industry

Abstract

[Abstract] In the face of the severe challenge of global climate change, reducing carbon emissions has become the common pursuit of the international community. This article delves into the impact of electric vehicles in reducing carbon emissions in the EU and China, as well as the global competitiveness of China's electric vehicle industry, with the aim of promoting the global transition to a low-carbon economy. With the implementation of the Paris Agreement, electric vehicles have received increasing attention as an effective low-carbon solution. The EU and China, as the two largest economies, have taken active policy measures to promote electric vehicles to achieve emission reduction targets, which not only promotes the innovation and market application of electric vehicle technology, but also provides lessons for other countries to learn from.

In terms of policy support, the EU has effectively reduced carbon emissions in the transport sector by promoting the growth of the electric vehicle market through laws and regulations and preferential subsidies. China has also contributed to improving urban air quality and achieving the country's carbon peak goal by lowering the barriers to entry for electric vehicles and promoting market penetration through a series of policy measures, such as providing subsidies for car purchases and building charging infrastructure. Despite the challenges of improving EV economics, expanding market acceptance, and ensuring a clean energy supply during use, the experience of both shows that EVs have significant potential to reduce carbon emissions.

The rapid development of China's electric vehicle industry, especially in terms of technological innovation and internationalization strategy, has attracted global attention. China's technological leadership in key areas such as power batteries, as well as policy support and industrial upgrading, provide a solid foundation for the international competitiveness of the electric vehicle industry.

The research and analysis in this paper provide a valuable perspective and reference for the global response to climate change and the promotion of low-carbon economic development. In the future, the EU and China will further strengthen exchanges and cooperation in electric vehicle technology innovation, policy formulation and international cooperation, and jointly promote the development of a global low-carbon economy.