IDEAS home Printed from https://ideas.repec.org/a/eee/joreco/v82y2025ics0969698924003862.html
   My bibliography  Save this article

Linking short- and long-term impacts of the government, consumers, and manufacturers on NEV sales and market share in China

Author

Listed:
  • Jing, Peng
  • Shao, Danning
  • Liu, Yaqi
  • Chen, Yuexia
  • Zhang, Shuang

Abstract

The accelerated expansion of the market for new energy vehicles (NEVs) is encountering obstacles. We aim to provide empirical evidence for optimizing policies and promoting the sustainable development of NEVs. Using monthly sales and market share data of NEVs in China from 2015 to 2023, this study employs vector autoregression and vector error correction models to assess the long-term and short-term effects of factors associated with government, consumers, and manufacturers on NEV adoption. The results indicate that governments and manufacturers play a key role in NEV promotion compared with consumers While manufacturer advertising temporarily boosts NEV presence, long-term market share gains hinge on their R&D. Delayed effects from consumer satisfaction highlight the need for manufacturer responsiveness. Post-subsidy, the government focus should pivot from consumer to manufacturer support. These findings have the potential to enhance our understanding of NEV development from the perspective of stakeholders and to offer valuable insights for the future development of NEVs.

Suggested Citation

  • Jing, Peng & Shao, Danning & Liu, Yaqi & Chen, Yuexia & Zhang, Shuang, 2025. "Linking short- and long-term impacts of the government, consumers, and manufacturers on NEV sales and market share in China," Journal of Retailing and Consumer Services, Elsevier, vol. 82(C).
    • Handle: RePEc:eee:joreco:v:82:y:2025:i:c:s0969698924003862
    DOI: 10.1016/j.jretconser.2024.104090
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0969698924003862
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jretconser.2024.104090?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joreco:v:82:y:2025:i:c:s0969698924003862. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-retailing-and-consumer-services .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.