The consumption potential of new energy vehicles is expected to be further released

According to data recently released by the China Association of Automobile Manufacturers, in July, the production and sales of new energy vehicles in China were 805,000 and 780,000, respectively, an increase of 30.6% and 31.6% year-on-year, and the market share reached 32.7%. From January to July, the production and sales of new energy vehicles were 4.591 million and 4.526 million respectively, a year-on-year increase of 40% and 41.7% respectively, and the market share reached 29%.

Industry experts said that with the support of a series of policies such as optimizing supply and promoting consumption, new energy vehicles continue to develop well, and supporting facilities are constantly improving. The penetration rate of the new energy vehicle market has increased, the technology has been continuously improved, and the innovation vitality of enterprises has been further stimulated to continuously promote the high-quality development of the industry.

Recently, policies to support the development of automobiles have been launched intensively. China has made it clear that the new energy vehicle purchase tax reduction policy will be extended until the end of 2027; the National Development and Reform Commission and the Ministry of Industry and Information Technology and other departments have formulated “Several Measures on Promoting Automobile Consumption”; The work plan for the steady growth of key industries; the Ministry of Public Security issued 26 measures to ensure the high-quality development of public security services, and proposed to further promote automobile consumption, and implement public security government services “one-stop service”, “full-process online service” and “trans-provincial service”; The Ministry of Commerce will continue to adhere to the two-wheel drive of “policy + activities”, organize activities such as the Hundred Cities Linkage Automobile Festival, and new energy vehicles going to the countryside in thousands of counties and towns, and further implement the “Consumption Boost Year” in detail.

“Support measures from both ends of supply and demand will further boost market confidence and stabilize industrial development.” Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers, said that with the implementation of a new round of automobile consumption promotion policies, the consumption potential of automobiles, especially new energy vehicles, is expected to further increase. The release will help the industry to achieve the goal of steady growth throughout the year.

The expansion of the market drives the innovation of the industrial chain. At the end of June, Dongfeng Weifu’s distributed wheel-hub drive passenger car started long-term testing. It adopts pure electric four-wheel drive, wheel hub motor and controller high-integration technology. Compared with the traditional drive configuration, the acceleration of the vehicle per 100 kilometers has increased by 42%.

You Zheng, deputy general manager of Dongfeng Corporation, said that Dongfeng continues to promote electrification and intelligent technology across the board, has achieved independent control of the three electric systems, and completed the industrialization layout. Focusing on intelligence, we have independently created a new generation of centralized SOA electronic and electrical architecture. Relying on the brand of hydrogen boat technology, we will continue to promote the progress of hydrogen power research and development. “We will focus on making up for the shortcomings, seize the new track of intelligent network connection, use new technologies and new products, and build the competitive advantage of new energy intelligent network connection vehicles.”

“Competition in the past relied on special technologies, but today it relies more on ‘chains’.” Xu Jun, senior vice president of Leap Motors, said that relying on integrated innovation to consolidate and expand the advantages of the industrial chain, to achieve “leading” for new energy vehicles in the future very important. The industry is also stepping up efforts, and the collaborative innovation model of host manufacturers, component manufacturers, software companies, and scientific research institutes has become the mainstream.

The improvement of the supporting system has been accelerated, laying a solid foundation for the development of the industry. According to data released by the China Electric Vehicle Charging Infrastructure Promotion Alliance, as of July this year, members of the alliance have reported a total of 2.211 million public charging piles. According to data from the Ministry of Transport, as of the end of June this year, charging facilities had been built in 5,931 expressway service areas across the country, accounting for 89.48% of the total expressway service areas nationwide. In the next step, we will further optimize and improve the charging infrastructure network along the highway in accordance with the principle of “moderate advance”, and strive to form a charging system with “fixed facilities as the main body, mobile facilities as the supplement, full coverage of important nodes, good operation and maintenance services, and guaranteed travel for the masses” The infrastructure network can effectively meet the charging needs of electric vehicles and serve the public to travel conveniently.

Shandong Province introduced measures in terms of charging infrastructure construction and time-of-use electricity prices for residential charging piles; Shenzhen released the “Shenzhen City to Accelerate the Building of a New Generation of World-Class Auto City” Three-Year Action Plan (2023-2025)”; Haikou City, Hainan Province The Bureau of Commerce will issue 50 million yuan of new energy vehicle consumption vouchers, and each vehicle can apply for a maximum of 6,000 yuan; Changsha City, Hunan Province has launched a series of activities for the “Hundred Townships and Thousand Villages” new energy vehicle consumption season, from July 17 to September 30 this year During the event, individual consumers who purchase new energy passenger vehicles in Changsha can receive corresponding electronic consumer coupon subsidies based on new car purchase invoices and other materials… All localities have launched practical measures according to local conditions to “escort” the development of new energy vehicles.

Recently, 5 departments including the Ministry of Industry and Information Technology have revised the current “Parallel Management Measures for Average Fuel Consumption and New Energy Vehicle Credits of Passenger Car Enterprises”, adjusted the calculation method of new energy vehicle model credits, established a flexible trading mechanism for credits, and further Help industrial development.

The “Guidelines for the Construction of the National Internet of Vehicles Industry Standard System (Intelligent Connected Vehicles) (2023 Edition)” was recently issued, aiming to provide a standard system construction guide with a more complete framework, more comprehensive content, and clearer logic for the Internet of Vehicles industry.

The relevant person in charge of the Ministry of Industry and Information Technology said that standards will be used to guide the industry to upgrade to electrification, intelligence, and networking, and to further enhance the development momentum of the automobile industry. At the same time, it will support key large enterprises to take the lead and participate in large and medium-sized enterprises to carry out cross-industry and cross-field collaborative innovation, accelerate the development and promotion of new technologies and products such as high-precision sensors and operating systems, and support the development of high-safety all-weather power batteries and heat pumps. Technological breakthroughs such as air conditioning and vehicle thermal management provide policy support for the high-quality development of new energy vehicles.