Study Of Venture Capital Evaluation For Energy Storage Technology Innovation In The New Energy Automobile Industry

As environmental pollution becoming seriously, we need even better development to improve energy storage technology in the New Energy Automobile Industry. The energy storage technology has a high demand for innovation, but each innovation process combines risks.In the present work, venture capital evaluation is investigated for energy storage technology in the New Energy Automobile Industry. The thesis studied the background, literature review, innovation connotation, features analysis and identification of innovation risks, and then evaluated the risks via Fuzzy Evaluation Model. Finally, the thesis proposes some risk management measures for energy storage technology innovation in the New Energy Automobile Industry.Some risk management measures have been obtained via systematic venture capital evaluation. The measures will have some benefits for energy storage technology innovation in the New Energy Automobile Industry.1) Venture capital evaluation is a practical way for energy storage technology innovation in the New Energy Automobile Industry.2) The work analyzed innovation connotation of energy storage technology, and expounded the initial period, trough stage, the first rapid increasing period and unpredictable future period for energy storage technology. The results show that the innovation and development for energy storage technology in the New Energy Automobile Industry is not roses all the way, but has various risks.3) The Financial Risk, Capacity Risk, Policy Risk, Marketing Risk are the basic risks, and then the Industry Risk is the follow-up risk for energy storage technology innovation in the New Energy Automobile Industry.4) Analyzing the development of energy storage technology in the New Energy Automobile Industry via literature review, the results indicate that Lithium Battery is the core technology for New Energy Automobile Industry at present. The results also present that there has potential industrial competition to Lithium Battery technology, and we must prevent the industrial substitution risks.5) Through summarizing the industrial questionnaire survey, and then analyzing the data via Fuzzy Evaluation Model, the results show that the risks of New Energy Automobile Industry are between normal risk and higher risk.6) The work presents such risk management measures for energy storage technology innovation, they are, financing and capital chain rupture risk management measures for Financing Risks; environmental protection, security, regional policy, sudden factor and macro policy risk management measures for Policy Risks; inadequate development ability, industrial failure, application effect is lower than expected and intellectual property barriers risk management measures for Capacity Risks; product positioning, product quality, product price, product sales, and substitution of similar products risk management measures for Marketing Risks; industrial substitution, industrial positioning, and industrial technology bottleneck risk management measures for Industry Risks.7) Here the results indicate a key point, that industrial technology bottleneck is must to be taken strict precautions against, because it is the most important risk for energy storage technology innovation in the New Energy Automobile Industry.