Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies

China has already committed to peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060 (referred to as the 30·60 Target), which has brought both daunting challenges and great opportunities to the automobile industry in China. However, there is still a lack of comprehensive a...

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Main Authors: Fuquan Zhao, Xinglong Liu, Haoyi Zhang, Zongwei Liu
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Journal of Advanced Transportation
Online Access:http://dx.doi.org/10.1155/2022/5834707
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author Fuquan Zhao
Xinglong Liu
Haoyi Zhang
Zongwei Liu
author_facet Fuquan Zhao
Xinglong Liu
Haoyi Zhang
Zongwei Liu
author_sort Fuquan Zhao
collection DOAJ
description China has already committed to peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060 (referred to as the 30·60 Target), which has brought both daunting challenges and great opportunities to the automobile industry in China. However, there is still a lack of comprehensive and in-depth studies on the challenges, paths, and strategies for reducing carbon emissions to fulfill the 30·60 Target in automobile industries. Therefore, this paper proposes low-carbon development strategies for China’s automobile industry. This study’s method is to integrate the results from different literature to summarize the status, challenges, opportunities, and refine the coping strategies for carbon emission of the automobile industry. The results indicated that the paths for achieving the 30·60 Target include joint carbon emission reduction by upstream and downstream enterprises inside the industry. It also needs cross-industry and cross-sector coordinated decarbonization outside the industry. Meanwhile, the low-carbon policy and regulation system should be established to provide a direct driving force and fundamental guarantee for the low-carbon development of China’s automobile industry.
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spelling doaj-art-a261cc23ea044146aad021360ba2f5b82025-08-20T02:20:19ZengWileyJournal of Advanced Transportation2042-31952022-01-01202210.1155/2022/5834707Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping StrategiesFuquan Zhao0Xinglong Liu1Haoyi Zhang2Zongwei Liu3State Key Laboratory of Automobile Safety and EnergyState Key Laboratory of Automobile Safety and EnergyState Key Laboratory of Automobile Safety and EnergyState Key Laboratory of Automobile Safety and EnergyChina has already committed to peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060 (referred to as the 30·60 Target), which has brought both daunting challenges and great opportunities to the automobile industry in China. However, there is still a lack of comprehensive and in-depth studies on the challenges, paths, and strategies for reducing carbon emissions to fulfill the 30·60 Target in automobile industries. Therefore, this paper proposes low-carbon development strategies for China’s automobile industry. This study’s method is to integrate the results from different literature to summarize the status, challenges, opportunities, and refine the coping strategies for carbon emission of the automobile industry. The results indicated that the paths for achieving the 30·60 Target include joint carbon emission reduction by upstream and downstream enterprises inside the industry. It also needs cross-industry and cross-sector coordinated decarbonization outside the industry. Meanwhile, the low-carbon policy and regulation system should be established to provide a direct driving force and fundamental guarantee for the low-carbon development of China’s automobile industry.http://dx.doi.org/10.1155/2022/5834707
spellingShingle Fuquan Zhao
Xinglong Liu
Haoyi Zhang
Zongwei Liu
Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies
Journal of Advanced Transportation
title Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies
title_full Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies
title_fullStr Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies
title_full_unstemmed Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies
title_short Automobile Industry under China’s Carbon Peaking and Carbon Neutrality Goals: Challenges, Opportunities, and Coping Strategies
title_sort automobile industry under china s carbon peaking and carbon neutrality goals challenges opportunities and coping strategies
url http://dx.doi.org/10.1155/2022/5834707
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