AutoBeta(AutoBeta.net)02/21 Report--

In recent years, under the promotion of policy, domestic new energy vehicles have shown explosive growth, in this environment has also "spawned" many new enterprises of electric vehicles, and traditional manufacturers have also devoted themselves to new energy. The scale of the domestic new energy market is gradually expanding, but there are also signs of blind development, and the means of fraud and compensation emerge in endlessly.

Recently, Lian Qingfeng, deputy secretary of the BAIC New Energy Party Committee, said that "the knockout stage of the new energy vehicle industry has been started ahead of schedule. It is expected that 80% of the new energy vehicle enterprises will be eliminated in the future, while the surviving enterprises will usher in a broader market and richer resources."

He believes that new energy vehicle companies will face three major challenges: first, the subsidy decline will intensify in advance, but within three or five years, it will be difficult for new energy vehicles to compete with fuel vehicles in terms of cost; second, the competition will intensify. The transformation and development of independent brand traditional car enterprises, multinational car enterprises and new car-building forces compete with each other, and the new energy vehicle industry has changed from a blue sea to a red sea. Third, while striving to "survive", we should also constantly improve the level of technology, increase investment in research and development, and build core competitiveness to win the future, so we are facing tremendous operational pressure.

"in the next few years, China's new energy vehicle industry will face a relatively difficult development situation," Lian Qingfeng said. The fight is to see 'who has more blood, who bleeds slowly'. Only by adhering to high-quality sustainable development can we live to meet more opportunities in the future. "

In 2018, BAIC New Energy sold more than 158000 vehicles, ranking first in China's pure electric vehicle sales for six consecutive years, but BAIC New Energy sales declined after entering this year. BAIC announced that BAIC New Energy produced 142vehicles in January, down 98.17% from the same period last year; sales were 4512, down 43.66% from the same period last year. By contrast, new energy sales of BYD, SAIC, Geely and Chery all increased to varying degrees in January, of which BYD sold 28700 new energy vehicles in January, up 291.11% from a year earlier.

BAIC New Energy vehicles did not say the exact reason for the sharp decline in production and sales, while the market expects that the decline in sales is related to the state and government's plan to reduce subsidies for new energy vehicles in 2019.

The prospect of the domestic new energy market is still clear, but it is inevitable that there will be a mixture of fish and dragons in many car companies. Wang Chuanfu, chairman of BYD, once commented on the new energy vehicle industry: a number of new energy vehicles have died, and those who survive are really capable.

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