a.The automotive industry as a whole faces a stagflation bottleneck
After more than 20 years of high growth, the Chinese auto market has entered a period of micro-growth in 2018, and has entered an adjustment period. It is expected that this adjustment period will last about 3-5 years. During this adjustment period, the domestic auto market is getting colder, and the competitive pressure of auto companies will further increase. In this context, it is urgent to alleviate industry bottlenecks through the development of new energy vehicles.
b. Hybrid new energy vehicles are developing fastest
Plug-in hybrid vehicles are not as convenient to use as fuel vehicles, but are better than pure electric vehicles, and basically reach the acceptable range of consumers. Due to the inclination of national policies, the current comprehensive cost of plug-in hybrid vehicles has been lower than that of fuel vehicles. With the strong support of the national subsidy policy, plug-in hybrid vehicles have become the fastest-growing new energy vehicles.
c. The charging piles of new energy vehicles need to be further improved
In 2019, China built 440,000 new energy vehicle charging piles, and the ratio of vehicles to piles dropped from 3.3:1 in 2018 to 3.1:1. The time for consumers to find piles has been reduced, and the convenience of charging has improved. But the industry’s shortcomings still cannot be ignored. From the perspective of private charging piles, due to insufficient parking spaces and insufficient power load, the installation rate is low. At present, about 31.2% of new energy vehicles have not been equipped with charging piles. From the perspective of public charging piles, fuel oil The car occupies a lot of space, the market layout is unreasonable, and the failure rate is high, which affects the charging experience of users.
Post time: Jun-28-2021