In 2017, “policy is good for the year”, is 2018 the first year of new energy vehicles?

Although the gradual fall in new energy subsidies will make the competition in the new energy market concentrated in the leading car companies with advanced technology and economies of scale, new carmakers entering the auto industry are still optimistic about this market, after more than two years of time. Preparations, and recently, new-build companies have entered the mass production phase. According to industry insiders, the intensive launch of products launched by new car makers will usher in the first round of market inspections. If consumers cannot be recognized, then the survival of enterprises will not be able to sustain their financing.

The fiery new energy vehicle was stepped on the “brakes” in 2016. After a series of heavy blows such as liquidation and inventory checking, in 2017, China again introduced a number of favorable and management policies to boost the health of the new energy automotive industry. Proceed with the order. Today, the world is staring at China. As the world’s number one market for new energy vehicles, China’s new energy vehicles are bound to leap at full speed in 2018.

Policy level

2017 is a "preferred policy year"

Drive the whole industry chain upside

A brief review of the development of new energy vehicles in the past three years shows that the state's control of the new energy automotive market has changed from the initial purely subsidy-encouraging policy to the current management approach of Environment and comprehensive supervision.

In 2014, as the country successively issued preferential policies for car purchases and preferential policies for local licensing, sales of new energy vehicles achieved rapid growth, which increased by 3.2 times and 3.4 times year-on-year in 2014 and 2015, respectively. Subsequently, in 2016, car companies reported that there was a "cheat up" scandal involving vehicles without electricity, licensed vehicles, and idle vehicles. The sales of new energy vehicles entered a low ebb. Since 2017, in order to promote the healthy and orderly development of the new energy automobile industry, all parties’ institutional policies have gradually improved. The new energy vehicle subsidy list was introduced one after another. The new subsidy policy has made detailed requirements on mileage and battery density, and new energy vehicle sales have returned to the growth track. The new energy automotive industry has received a wave of policy dividends in 2017 continuously, and this year's policy support is more sustainable and high-strength. The industry defines 2017 as a “policy-friendly year”.

Cui Dongshu, secretary-general of the CLUCC National Committee, said that the willingness of the state to support the continued healthy development of the new energy auto industry has not changed. Policy subsidies have always been an important driving force for development. However, since 2017, the subsidy quota for new energy vehicles has dropped by 20%. There will be no subsidies after 2020, which will have some impact on the industry, but the double-scores soliciting comments will help reduce the impact.

Policy is forced to influence

New energy vehicles will accelerate heavy volume

In early November, the Ministry of Industry and Information Technology issued a notice again, requesting that the passenger car company's 2016 and 2017 average fuel consumption and new energy vehicle points be accounted for. In 2016 and 2017, the negative balance of the company's average fuel consumption can not be paid back to zero, which will result in the obstruction of the production of new fuel vehicles and new products. Compared with the expectations of the implementation of new energy credits in 2018, the policy announcement exceeded market expectations. According to calculations, in 2016 and 2017, China's new energy car companies will not be able to carry out the negative balance of fuel consumption up to 1.2 million - 1.5 million points, according to an average of 3 points per new energy vehicle, the need to produce 400,000 -500,000 new energy Cars can hedge. Under the pressure of the policy, electric passenger cars may rush at the end of this year. Some companies with fuel consumption pressure will consider sudden production at the end of the year, and new energy vehicles may accelerate their volume.

Universal level

Ministry of Public Security: New Energy Vehicles Enabled "Private License Plates"

In addition to policies, relevant departments also provide great convenience in the purchase of new energy vehicles. In order to create convenient conditions for the promotion and use of new energy vehicles, the Ministry of Public Security has increased the use of new energy vehicles in 12 cities on the basis of the promotion and application of the 5 pilot cities from the 20th of November. According to the plan of the Ministry of Public Security, in the first half of 2018, all cities in the country were fully operational. According to statistics from the Traffic Management Bureau of the Ministry of Public Security, data show that in 2017, the demand for China's new energy vehicle market was strong. From January to October, the production and sales of new energy vehicles completed 517,000 vehicles and 490,000 vehicles, respectively, an increase of 45.7% and 45.4% year-on-year respectively. Up to now, the country's new energy vehicles have reached 1.018 million.

China Insurance Regulatory Commission: New Energy Vehicles Will Have "Special Vehicle Insurance"

At the China Insurance Association, the new energy vehicle insurance development conference held recently, Zhu Jinyuan, president of the China Insurance Association, revealed that the association will start the development of exclusive terms for new energy vehicle insurance. With the gradual increase in the number of new energy vehicles, the potential security risks can not be ignored. The BPA stated that, unlike the structure and principle of traditional fuel vehicles, the risk points for new energy vehicles are also different. In view of the fact that consumers have not fully affirmed the technological maturity of the new energy automobile industry chain, the extended warranty insurance and charging pile insurance for new energy vehicles will also face huge market demand. The BPA said that the current formation of auto insurance clauses has matured, which lays an empirical foundation for the formulation of new energy automobile insurance model clauses.

Market level

Sharing cars and new energy vehicles promote mutual promotion

It is worth noting that the burgeoning share of the automotive industry has also brought about tremendous boost to the new energy automotive industry. Under the stimulation of favorable policies and the blessing of capital, traditional car companies and Internet companies rushed to share in the automotive industry, hoping to grab market opportunities. Didi Chuxing founder and CEO Cheng Wei said at the 4th World Internet Conference “Sharing Economy: Innovation and Governance” sub-forum that after 10 years, more than 50% of cars will be designed for sharing. He expects to In 2020, there will be more than 1 million new energy vehicles in China.

How large the “cake” is, from the past year, the traditional car companies and Internet companies are eager to share in the layout of the automobile industry. As BMW began to launch the first official car sharing project in China in December, Mercedes-Benz, Renault and other brands have also It has been successively laid out; not only that, but also non-automotive companies such as the US Mission and Baidu are keeping a close eye on the shared car market. Within the U.S. delegation has set up a travel business department, which includes sharing cars, U.S. group maps, and driving and taxiing. New business.

Foreign investment in China to build a local brand to face challenges

The new energy automotive industry is good, but also allows the industry to break the imagination of more and more combinations. After the establishment of the JAC Volkswagen New Energy Joint Venture, Zotye and Ford, Dongfeng and Renault Nissan also followed suit. Great Wall shares in Hebei Yu Jie, Daimler and BAIC also signed a framework agreement to promote cooperation in the field of new energy vehicles. Moreover, both China and the United States had reached a consensus on “opening up foreign investment in special vehicles and new energy vehicles within the scope of the Pilot Free Trade Zone before June 2018”. The industry stated that it is possible to break the joint venture company's investment in foreign-owned new energy auto companies such as Tesla.

Zhong Shi, an analyst in the automotive industry, said that liberalizing foreign investment restrictions would be beneficial for further activating the new energy vehicle market, promoting competition, accelerating the iteration of technology upgrades, and meeting consumer demand. In addition, new energy vehicles "foreign investment" to build factories in China will exert pressure on self-owned brands in the field of new energy vehicles, promote independent research and development to become competitive, and allow local companies not to survive under the umbrella of national policies and face challenges and strengthen themselves. The future can lead the world.

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