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Research on the Development Strategy of New Energy Vehicle Industry Driven by Blockchain Technology and Supply Chain Finance—Taking BYD Supply Chain Finance as an Example

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DOI: 10.23977/accaf.2023.040302 | Downloads: 109 | Views: 610

Author(s)

Jun Zhang 1

Affiliation(s)

1 College of Commercial, Wuxi Taihu University, Wuxi, Jiangsu, 214064, China

Corresponding Author

Jun Zhang

ABSTRACT

With the emphasis on environmentally friendly and sustainable development in economic development, there has been an increasing demand for new energy; especially as new energy vehicle products continue to replace traditional automotive industry development. Against the backdrop of the rapid development of blockchain technology, this article elaborates on the current situation and problems of China's new energy vehicle development, as well as the current situation of BYD Motors' financial development in the new energy vehicle supply chain, and proposes general issues for the development of the new energy vehicle industry. It is hoped that targeted policy recommendations will be proposed in future research.

KEYWORDS

Blockchain Technology, Supply Chain Finance, BYD Motors, New Energy Vehicle Industry

CITE THIS PAPER

Jun Zhang, Research on the Development Strategy of New Energy Vehicle Industry Driven by Blockchain Technology and Supply Chain Finance—Taking BYD Supply Chain Finance as an Example. Accounting, Auditing and Finance (2023) Vol. 4: 8-12. DOI: http://dx.doi.org/10.23977/accaf.2023.040302.

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