Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

The Impact of Environmental Regulation on Technological Innovation of Automobile Industry in China’s Market- A Case by Tesla

Authors
Yue Du*
International economy and trade, China Agriculture University, China Beijing
Corresponding Author
Yue Du
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.319How to use a DOI?
Keywords
Environmental regulation; R&D; Tesla; Automobile industry; Technological innovation
Abstract

With the negative externalities of the development of the automobile industry increasingly obvious, the government’s environmental regulations will force the technological innovation of the automobile industry, the case of Tesla. The paper collects the R&D investment data, environmental regulation intensity data, and sale revenues data of Tesla from 2012 to 2020 and tests the impact of environmental regulations on the automobile industry by constructing the econometric regression model in Excel. The results show that environmental regulations significantly positively impact technological innovation input (R&D) and output (Sale) on Tesla. On this basis, the paper cuts forward the suggestions for the continuous development of automobile companies. The company should invest more in R&D to make constant technological innovation with the help of the government’s environmental regulations.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.319How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yue Du
PY  - 2021
DA  - 2021/12/15
TI  - The Impact of Environmental Regulation on Technological Innovation of Automobile Industry in China’s Market- A Case by Tesla
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1957
EP  - 1963
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.319
DO  - 10.2991/assehr.k.211209.319
ID  - Du2021
ER  -