Research On The Impact Of New Energy Vehicle Innovation Ecosystem On Enterprise Value Creation Ability ——A Case Study Of NIO

In today’s society,people pay more and more attention to the protection of the ecological environment.In the automotive industry,in order to adapt to the future market,various car companies will undoubtedly focus on the research and production of new energy vehicles.The development prospect of my country’s new energy vehicle market is huge,but at the same time,there are many crises,the decline of government subsidies,and foreign car companies seizing the market and other factors have put great pressure on my country’s enterprises developing new energy vehicles.As a typical representative of my country’s new energy vehicle companies,Weilai insists on "users" as the core,efficiently builds an innovative ecosystem,and realizes cross-border car manufacturing.The unique Internet operation model and service concept have won the unanimous favor of the market.NIO’s new energy vehicles have embarked on a path of innovation,and at the same time,they have provided ideas worthy of reference for the development of other companies in the same industry.On the basis of sorting out and commenting on the research achievements of domestic and foreign scholars on innovation ecosystem and value creation in recent years,this paper builds a research framework based on the enterprise innovation ecosystem in the "Internet +" environment,and sorts out the key events since the establishment of NIO.Under the construction of three subsystems of new energy vehicle research and development,manufacturing and application services,the overall structure and operation of the innovation ecosystem are analyzed in detail.This paper specifically discusses the value creation process of NIO’s value proposition,creation and acquisition under the new energy vehicle innovation ecosystem.Select EVA to measure the increase or decrease of enterprise value to determine whether NIO realizes value creation.And from the financial and non-financial two-dimensional perspectives,the effect of the new energy vehicle innovation ecosystem on each specific value driver is observed.The financial dimension disassembles the EVA indicators and establishes five key financial value-driven indicators including operating income through sensitivity analysis,and makes a quantitative analysis;the non-financial dimension is based on BSC theory combined with enterprise characteristics to establish the inclusion of users.The three-dimensional value-driven indicators of,internal operation,learning and growth are also analyzed in detail.The research found that NIO did not actually achieve enterprise value growth from2018 to 2020,but the upward trend of EVA was significant.Based on the historical data-based EVA forecast and value assessment of enterprises in the next five years,it is shown that after the enterprise innovation ecosystem has entered a mature stage in the next five years,the enterprise value will have a relatively large upward trend.The successful construction of the innovation ecosystem has helped NIO,a new energy vehicle company,to achieve value creation.The main impacts of financial and nonfinancial dimensions are as follows: the impact on key financial value drivers is the accelerated growth of operating income and the gradual narrowing of losses;the nonfinancial aspect is reflected in the impact of the new energy vehicle innovation ecosystem on the three dimensions.of non-financial value-driven indicators had a positive impact.In this paper,the research on the enterprise value creation ability of new energy vehicles is always based on the innovation ecosystem theory,and the EVA method is used to calculate and predict the enterprise value,which can more accurately evaluate the value creation ability of the enterprise.In addition,the influence of the innovation ecosystem on the value creation ability of enterprises is discussed,so as to provide ideas for the sustainable development of new energy vehicles in my country.