China’s new energy automobile industry is booming to meet opportunities

November 13, 2019

The production and sales set a new record, the satisfaction level is catching up with the fuel vehicles, and the international giants are racing to make efforts. Under the combined effect of policy advancement and market demand, China’s new energy vehicle market has ushered in tremendous changes. Under the background of continuous improvement in market expectations , How China’s new energy automobile industry will develop has become the focus of social attention.

Intensive introduction of all-round support policies

The Deputy Minister of Industry and Information Technology stated at the 2020 Global New Energy Vehicle Conference that the development of new energy vehicles is the only way for the global automotive industry to transform and upgrade to green development, and is also a strategic choice for the high-quality development of China’s automotive industry in the new era.

China's new energy automobile industry is booming to meet opportunities

At present, the new energy automobile industry is entering a new stage of accelerated development. Therefore, this year the state has successively introduced a full range of incentive policies, such as lowering the entry barriers for car companies, extending the period of subsidy policies, accelerating the construction of charging and replacing stations, and charging concessions, which almost cover The entire life cycle of new energy vehicles.

In addition to handling support policies at the central level, various local governments have also introduced policies to encourage the development of the new energy vehicle industry. Last year, the background city issued a number of policies to accelerate the electrification of vehicles, and provided subsidies for the construction of new energy vehicle charging facilities. Speed up the cultivation of leading fuel cell companies. Tianjin has also continuously issued policies to accelerate the construction of new energy vehicle charging facilities and promote the development of the battery recycling industry. Shanghai, Hebei, Shanxi, Inner Mongolia, Zhejiang and other places have also introduced policies to increase their efforts to promote the progress of the new energy automobile industry.

Experts in the industry said that the new energy vehicle industry support policies have been intensively implemented, and the efforts have been further increased. In particular, the policies are more targeted, more precise and detailed, and have made very clear proposals for technological innovation, infrastructure construction, and market expansion. Measures and standards, which will greatly promote the development of the new energy automobile industry.

Market acceptance continues to increase

According to data from the China Association of Automobile Manufacturers, in September last year, the production and sales of new energy vehicles increased by 48% and 67.7% year-on-year respectively, setting a new historical record for September. With the continuous expansion of the new energy vehicle market, new energy vehicle products have become more and more mature. , The market acceptance is getting higher and higher.

After more than ten years of development, the new energy automobile industry has begun to transition from policy-driven to market-driven, dealing with the first traditional independent brands that entered the new energy industry, foreign brands, joint venture brands, and new car manufacturers have also joined in recent years. Energy camp. With the diversification of market competition subjects, new energy vehicle products are becoming more abundant, product structure upgrading is accelerated, new energy passenger vehicles are becoming larger and higher-end, and product competitiveness is significantly enhanced. Vehicle mileage is basically more than 400 kilometers. The characteristics of intelligence and networking are outstanding.


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