| dc.description.abstract | The global market is dominated by Chinese New Energy Vehicle products and
brands which including Battery Electric Vehicle and Plug-in Hybrid Electric
Vehicle. The NEV expansion has expanded significantly in recent years. In order
to supporting domestic NEV production, the government has various strategies
through a variety of program initiatives. Using the Diamond Model of Nations'
Competitiveness Advantage, this paper explores four determinants to explain the
Chinese government's successful NEV competitiveness strategy in the global
markets from 2021-2025. Through STEM education and infrastructure which
provide a factor condition in basic and advance factors. While, the demand
condition allows for a shift in NEV culture, subsidy programs, and increased FDI
outbound investment. In terms of related and supporting industries, China
effectively manages the upstream, midstream, and downstream supply chains.
Finally, in terms of business, strategy, and structure, the Chinese government
implements policies to assist the growth of NEVs while focusing on regulating the
policy industry rather than supporting or improving it. As a result, the study's
findings suggest that the Chinese government has recently made less effort to
maintain its competitive advantage as some enterprises have been eliminated. | en_US |
