New Energy Vehicles Into The Deep Water Technology And Business To Usher In A High Degree Of Competition

- Jan 03, 2017-

New energy vehicles, the Chinese government in 2009 proposed the concept, including pure electric vehicles, plug-in hybrid vehicles and fuel cell electric vehicles.          

The next few years, China's new energy automotive industry from scratch, and gradually develop and grow, vehicle and power battery production and sales expanded rapidly, the level of technology significantly improved.          

China Automobile Industry Association statistics show that in December last year, from 1 to 2016 China's new energy vehicle production, sales of 402 thousand vehicles, an increase of 59% and 60.4%, respectively, by the year of November. New energy vehicle production accounted for 1.7% of the same period the proportion of car production.          

Generous and generous financial subsidies and the corresponding supporting policies to stimulate the growth of China's new energy vehicles blowout. Just a few years, China surpassed the United States to become the world's largest producer and consumer of new energy vehicles. Some experts have predicted that the government subsidies from 2015 to 2020 the total size of over 400 billion yuan.          

From the market structure, domestic brands to benefit from the development of national subsidies most obvious.          

At present, market participants Chinese new energy vehicles mainly consists of three parts: the first category is Beiqi new energy, BYD, JAC, the traditional car companies, they occupy the market share of new energy vehicles in the most China. Then there is Roewe, SAIC, Jiangling, Zotye, Condi Chery and lucky.          

The second is to Tesla, cloud, beans known as the representative of the domestic and foreign new automobile enterprises; the third category is LETV, GREE, Wei to automobile, Xiaopeng vehicles as the representative of the Internet Co and technology start-up companies, currently no production car, no car manufacturing experience.

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