Book Description

It is unfortunate that the rapid growth of the economy has resulted in problems such as pollution, traffic congestion, and energy shortages, all of which have contributed to a decline in the quality of life of the general population. As a result of its low emissions, energy consumption, and pollution levels, new energy cars have caught the attention of numerous national governments throughout the globe. In China, these vehicles have reached a national strategic level. Every year, China's dependency on crude oil that is imported from other countries increases. According to the National Energy Administration, China's dependency on imported crude oil reached 73% in the year 2020. This has a major effect on energy security since it is higher than the universally accepted threshold of 50% for energy security. Considering that China is experiencing a shortage of energy, the country puts a high strategic significance on the research and development of vehicles that utilize new energy. A public statement of China's national objectives has been made in recent years. These targets include attaining carbon neutrality in the year 2060 and reaching a carbon peak in the year 2030. In terms of the long-term sustainability of the automotive industry, new energy vehicles are the connecting element that holds everything together. In order to address the energy and environmental issues, the development of alternative-energy vehicles is a potential answer. To restate, China will not be able to achieve its goal of being carbon neutral unless it makes significant investments in alternative fuel vehicles. This is due to the fact that there is no amount of hype about a new energy revolution. The term "new energy vehicle" refers to a vehicle that incorporates the most recent advancements in power control and drive technology with the established technology that is present in traditional cars. The power generation process is accomplished by the utilisation of unconventional vehicle fuel or a mix of conventional vehicle gasoline and an on-board power plant.