2017 1-2 months, China's new energy automobile production and sales were significantly lower than the same period last year. According to the China Automobile Industry Association statistics, in 2017 the first two months of new energy vehicle production and sales were 25213 and 24781, down by 33.5% and 30.5%. The passenger car market is bleak, the Ministry certificate yield data show that in 2017 1-2 months, the new energy car total sales of only 475 cars (statistical data of 5 meters above the bus, which never reported the number of enterprises). In 2015 and 2016 respectively over the same period of 3176 cars and 4430 vehicles compared as cliff fall. The decline in the terminal market will directly affect the production planning and scheduling of power battery companies, and may even lead to the stagnation of power battery production. And this in the lithium iron power battery business, will be more prominent performance.
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