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Beijing Automotive New Energy Lian Qingfeng: New energy vehicles will break out after 2020

Lian Qingfeng, deputy secretary of the Beiqi New Energy Party Committee, recently accepted an exclusive interview with the Shanghai Stock Exchange. He said that the adjustment of the subsidy policy for new energy vehicles will promote the survival of the fittest in the market, prompting automakers to upgrade their R&D level and improve the technical threshold of new energy vehicles. According to the current situation of the development of new energy vehicles, he concluded that after the subsidies were abolished in 2020, there will be an explosive development in the new energy vehicle market.

China's new energy automobile industry has ushered in a major policy adjustment this year. In February this year, the Ministry of Finance and the three ministries and commissions issued the "Notice on Adjusting and Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles" (hereinafter referred to as the "Notice"), canceling the subsidies for pure electric vehicles with a cruising range of less than 150 kilometers, and the cruising range is 150. The subsidies for vehicles ranging from kilometers to 300 kilometers are reduced by 20% to 50% respectively, and new energy passenger vehicles with a battery life of more than 300 kilometers are correspondingly increased by the subsidy standard, while reducing the subsidy amount of plug-in hybrid vehicles. The Notice sets the period from February 12, 2018 to June 11, 2018 as the transition period between the old and new policies.

"Subsidizing the New Deal to the long-term mileage, the new energy passenger car will be greatly tilted, will promote the market to survive the fittest, promote car companies to improve the level of research and development, improve the technical threshold of new energy vehicles, is more conducive to the long-term healthy development of the new energy vehicle industry." Lian Qingfeng It is said that Beiqi New Energy Vehicle has long been prepared for the rain, and many new models are considered to be launched without subsidies.

Lian Qingfeng told reporters that by improving technology and lowering battery costs, Beiqi New Energy Vehicles can partially offset the impact of subsidies. The sales volume of Beiqi New Energy Vehicle has reached the level of more than 100,000 units per year, and the scale benefits have begun to appear. In the first five months of this year, the sales volume of BAIC's new energy vehicles reached 48,753 units, a year-on-year increase of 102%, ranking first in the country.

"From the perspective of the entire industry, when the subsidies are completely withdrawn, the new energy auto industry problem will return to the original point, that is, when new energy vehicles will replace fuel vehicles. In the final analysis, the development of the industry depends on technological progress." It is believed that the electrification process of the global automotive industry is accelerating, and new energy vehicles are catching up with fuel vehicles at full speed.

On the one hand, from the perspective of scale and growth rate, since 2011, global new energy vehicles have maintained an average annual growth rate of 76.11%, which is 22.7 times that of the traditional automobile industry. The overall growth rate is nearly 29 times, which is much higher than that of traditional cars by 0.22 times. . On the other hand, in terms of the cost of use, new energy vehicles have gradually established a leading position in fuel vehicles. It is expected that the price of new energy vehicles will be equal to that of fuel vehicles in 2025.

Data show that since 2015, China has become the world's largest producer and seller of new energy vehicles for three consecutive years. From 2012 to 2017, China's new energy automobile industry grew at a rate of 125% per year, and the annual production and sales scale increased rapidly from 12,000 to 777,000. The global share of production, sales and possession exceeded 50%. Among them, the sales of pure electric vehicles accounted for about 80%, which is the mainstream of the market.

Lian Qingfeng said that from the perspective of the automobile industry, the sales volume of new energy vehicles in 2017 exceeded 1%, indicating that the industry has entered the development period from the exploration period. Therefore, "I think that after the subsidy is abolished in 2020, there will be an explosive development in the new energy vehicle market."

Lian Qingfeng also told reporters that new energy vehicles are not just a car industry, but a new concept across the field. Initially, we developed new energy vehicles with electricization as a breakthrough. After years of exploration and practice, we deeply realized that new energy vehicles are four trillions of links, including vehicle manufacturing, 'Internet +', energy management and smart travel. The best platform and bond of the market," he said.