Education, Science, Technology, Innovation and Life
Open Access
Sign In

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

Download as PDF

DOI: 10.23977/accaf.2023.040302 | Downloads: 88 | Views: 490

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.

REFERENCES

[1] S. Olnes, J. Ubacht, and M. Janssen, "Blockchain in government: benefits and implications of distributed ledger technology for information sharing," Government Information Quarterly An International Journal of Information Technology Management Policies & Practices, vol. 34, no. 3, pp. 355–364, 2017.
[2] M. Möser, K. Soska, E. Heilman et al., "An empirical analysis of traceability in the monero blockchain," Proceedings on Privacy Enhancing Technologies, vol. 2018, no. 3, pp. 143–163, 2018.
[3] Dorri A, Steger M, Kanhere S S, et al. BlockChain: A Distributed Solution to Automotive Security and Privacy. IEEE Communications Magazine, 2017, 55(12):119-125.
[4] Lee B, Lee J H. Blockchain-based secure firmware update for embedded devices in an Internet of Things environment. The Journal of Supercomputing, 2017, 73(3):1152-1167.
[5] Johansson B. Security aspects of future renewable energy systems–A short overview. Energy, 2013, 61(6):598-605.
[6] Yang Guang, Xie Jiaping. Research on the Financial Model of New Energy Vehicle Supply Chain. Management modernization, 2016, 36(2): 21-23.
[7] Song Hua, Lu Qiang, Yu Kai. Comparative Study on the Impact of Supply Chain Finance and Bank Lending on the Financing Performance of Small and Medium sized Enterprises. Journal of management, 2017, 14(6):897-907.
[8] Wu Jun. The Application of Blockchain Technology in Supply Chain Finance - From the Perspective of Information Asymmetry Technology, 2017, 36(11):121-124.
[9] Wuttke D A, Blome C, Kai F, et al. Managing the Innovation Adoption of Supply Chain Finance—Empirical Evidence From Six European Case Studies. Journal of Business Logistics, 2013, 34(2):148–166.
[10] Erik Hofmann, Urs M.S., Nicola Bosia. Supply Chain Financeand Blockchain Technology: The Case of Reverse. Springer, 2017(3): 36-43.
[11] Liu Songtao. Blockchain+Supply Chain Finance Research on operation mode and effectiveness-Taking BYD's "DiChain" supply chain finance as an example. Guangzhou University, 2023, 5.
[12] Nasser Liser. New Energy Vehicle Development Strategy Integrated with Finite Volume Method. Kinetic Mechanical Engineering, 2020, 1(2): 45-53.
[13]Gachuno Eduard. New Energy Vehicle System Optimization on Hill Climbing Algorithm. Kinetic Mechanical Engineering (2020), Vol. 1, Issue 4: 29-37.

Downloads: 4816
Visits: 43569

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.