What is the Impact of New Energy Vehicles?
1 Answers
The emergence of new energy vehicles will have a significant impact on the global energy industry landscape. The wave of disruption and transformation in the energy sector, much like the internet wave 15 years ago, is set to change the world. In today's world, the energy landscape is undergoing profound adjustments: A new round of energy revolution has already begun. The World Wildlife Fund (WWF) released a report during the Paris Climate Change Conference in December 2015, stating that the global energy industry is undergoing several major changes. The era of fossil fuels is coming to an end, and more and more countries are turning to the development of renewable energy. Industries where energy is the primary cost will see significant price reductions: Most material resources in the world will become more abundant and depreciate in value. This is based on the premise that photovoltaic solar energy, wind energy, nuclear energy, and other new renewable energy sources will become the primary energy sources. With technological advancements, their prices will continue to decline, dragging down the prices of other energy industries. In recent years, the nuclear energy and new renewable energy industries have developed rapidly, with technological progress driving down various costs. As electricity costs continue to decrease and related infrastructure such as charging stations becomes more robust, new energy vehicles, especially electric vehicles, will experience faster development. Conversely, the rapid development of new energy vehicles will accelerate changes in the global energy industry landscape. The nature of capital is to seek "profit" and avoid "harm." Faced with factors such as increasingly low oil prices and ongoing changes in the energy landscape, investors will inevitably withdraw from traditional energy industries like oil to ensure capital safety and achieve investment growth, turning instead to new energy and the emerging industries it supports, such as the electric vehicle charging sector.
