AutoBeta(AutoBeta.net)03/25 Report--

The listing of Tesla Model 3 in China and the launch of domestic electric cars in the Shanghai super factory have caused huge repercussions in China, and many electric car companies feel the pressure. Xu Heyi, chairman of BAIC, which ranks first in domestic pure electric vehicle sales, said: Tesla has his own advantages and disadvantages, and so does BAIC. BAIC's biggest advantage is to understand the Chinese market, and its products are more suitable for the Chinese market.

Xu Heyi also expressed his views on the future development of China's new energy industry, saying that the development of China's new energy vehicles has reached a key turning point.

Xu Heyi believes that it is mainly reflected in three aspects: first, the number of new energy vehicles is already very large, second, new energy subsidies are about to completely decline, and third, the government's reform around the field of new energy vehicles is to comprehensively liberalize the restrictions on foreign-funded shares. For example, Tesla entered China solely.

"on the one hand, Tesla will exert strong pressure on those car companies that have already made achievements in new energy vehicles, urging us to move forward courageously; on the other hand, he will also accelerate market clearance, and it will be very difficult for those new energy vehicles that rely on subsidies to come. Whether they can survive or not will be a big question. After all, no matter how much you subsidize, you can't make up for hematopoiesis, "says Hsu Ho-Yi.

He revealed that BAIC is also strengthening the development of high-end brands and high-end products. "We have the confidence and ability to launch high-end products to compete with Tesla."

The new energy vehicle industry is gradually moving towards the market of "stock competition". At present, it has entered the post-subsidy era, and the new energy subsidy will be completely abolished after 2020. After the subsidy is abolished, the enterprises that can still survive are the enterprises with strength and competitiveness.

Statistics show that the production and sales of new energy vehicles completed 1.27 million and 1.256 million respectively in 2018, an increase of 59.9% and 61.7% respectively over the same period last year.

The production and sales of BAIC New Energy plummeted from January to February this year. The output in February was 91.77% lower than the same period last year, which was 91.77% lower than the same period last year, a decrease of 95.36%. Car sales in February were 2867, down 34.33% from January to February, down 40.37% from the same period last year.

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