Risk management of supply chain finance in the new energy vehicle industry: A comprehensive evaluation model

Abstract

In recent years, the new energy vehicle (NEV) industry has rapidly grown and become a vital part of the automotive sector. Supply chain finance plays a critical role in the NEV industry as it affects the operation and development of the entire industry chain. The supply chain of NEVs is different from the traditional automobile industry due to its complexity, fragility, and forecasting difficulties. Managing the risks associated with supply chain finance in the NEV industry presents new challenges. Commercial banks need to establish scientific risk assessment models and take preventive measures to ensure the provision of financial services while safeguarding their funds. This study focuses on the supply chain financial services of NEVs provided by commercial banks. It employs various methods to assess financial risks, establishes a risk index model, and uses the analytic hierarchy process, entropy weight method, and fuzzy comprehensive evaluation to determine weights and provide risk assessment opinions. The proposed evaluation model effectively assesses risks and provides preventive measures with potential practical applications. Future research can further refine and apply this model to benefit enterprises and financial institutions in the NEV industry.