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The industry focuses on the development of new energy vehicle industry: the long-term trend will not change
2023-02-20
People's Daily, Beijing, February 20 (Reporter Qiao Xuefeng) In recent years, China has vigorously supported the development of the new energy vehicle industry. Under the guidance of subsidy policies and the joint efforts of all parties, the supply quality of China's new energy vehicle products has continued to improve, the technical level has significantly improved, and the practicability of the products has significantly improved.
In April 2020, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the National Development and Reform Commission and other four ministries and commissions jointly issued the Notice on Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles, clarifying that in principle, the subsidy standard for 2020-2022 will be reduced by 10%, 20% and 30% respectively from the previous year, and the subsidy policy for the purchase of new energy vehicles will be terminated on December 31, 2022, and the vehicles listed after December 31 will no longer be subsidized.
For China's new energy automobile industry, the biggest change in 2023 will be to throw away the subsidy "crutches" that have lasted for more than 10 years and truly start to walk independently. Industry insiders said that although the national subsidy policy was terminated, China has successively introduced favorable policies for the consumption of new energy vehicles. Therefore, although the energy vehicle industry was under short-term pressure at the beginning of the year, the long-term positive trend will not change.
According to the data released by the Ministry of Industry and Information Technology, the sales of new energy vehicles in China will reach 6.887 million in 2022, ranking the first in the world for eight consecutive years, and the sales of new energy vehicles will account for 25.6%. In general, China's new energy vehicles have established a sound industrial ecology, laying a solid foundation for future development.
"The withdrawal of subsidies for the purchase of new energy vehicles may lead to the release of some consumption in advance, but the impact is controllable." Recently, Miao Wei, deputy director of the Economic Committee of the CPPCC National Committee, said at the expert media communication meeting at the China Electric Vehicle Hundred People's Congress Forum (2023) that the growth trend of market penetration of new energy vehicles will not change for a period of time.
Miao Wei said that in view of the stable economic growth and the promotion of consumption, it is suggested to extend the vehicle purchase tax reduction policy for a further period of time and make advance notice to stabilize the market and consumer expectations.
For the rise of battery raw materials, which is generally concerned by the industry. Ouyang Minggao, an academician of the CAS Member, a professor of Tsinghua University, and the vice chairman of the China Electric Vehicle Hundred Talents Association, pointed out that the main reason for the rise of lithium price in 2022 is the strong demand, which falls short of demand. The comprehensive supply delay, epidemic impact and other factors led to a sharp rise in prices. "In the long run, the global lithium resource reserves are sufficient and the recoverable amount continues to increase, and the battery material recycling industry will also usher in development opportunities."
In recent years, the boom of the new energy automobile industry has attracted large auto companies and local enterprises to work fast, making overcapacity the biggest hidden worry. In response, Miao Wei pointed out that China's automobile sales have been maintained at about 26 million for many years in a row, of which the sales of new energy vehicles have increased rapidly, with the penetration rate of 25.6% last year. The new energy vehicles are rapidly replacing the traditional fuel vehicles, and there is an alternative relationship between the two. On the whole, there is no overcapacity problem in new energy vehicles at present.
Ouyang Minggao pointed out that the high-quality development of the automobile industry has achieved remarkable results in the past year, and the domestic consumers' confidence in the independent brand of new energy vehicles has been increasing.
"Electric vehicles are the only way to strengthen China's automobile industry, and Chinese enterprises must continue to innovate and improve their competitiveness, and must not slack off." Chen Qingtai, chairman of the China Electric Vehicle 100 People's Congress, pointed out that electrification is only the first half of the automobile revolution, but the technologies and business models related to this revolution are still in the process of innovation and development.
He believed that in order to fully release the potential of the automobile revolution to benefit the society, it is necessary to integrate and connect electric vehicles with new energy, new generation mobile internet, intelligent transportation and smart cities, and promote the construction of energy revolution, information revolution, transportation revolution and smart cities.
In April 2020, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the National Development and Reform Commission and other four ministries and commissions jointly issued the Notice on Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles, clarifying that in principle, the subsidy standard for 2020-2022 will be reduced by 10%, 20% and 30% respectively from the previous year, and the subsidy policy for the purchase of new energy vehicles will be terminated on December 31, 2022, and the vehicles listed after December 31 will no longer be subsidized.
For China's new energy automobile industry, the biggest change in 2023 will be to throw away the subsidy "crutches" that have lasted for more than 10 years and truly start to walk independently. Industry insiders said that although the national subsidy policy was terminated, China has successively introduced favorable policies for the consumption of new energy vehicles. Therefore, although the energy vehicle industry was under short-term pressure at the beginning of the year, the long-term positive trend will not change.
According to the data released by the Ministry of Industry and Information Technology, the sales of new energy vehicles in China will reach 6.887 million in 2022, ranking the first in the world for eight consecutive years, and the sales of new energy vehicles will account for 25.6%. In general, China's new energy vehicles have established a sound industrial ecology, laying a solid foundation for future development.
"The withdrawal of subsidies for the purchase of new energy vehicles may lead to the release of some consumption in advance, but the impact is controllable." Recently, Miao Wei, deputy director of the Economic Committee of the CPPCC National Committee, said at the expert media communication meeting at the China Electric Vehicle Hundred People's Congress Forum (2023) that the growth trend of market penetration of new energy vehicles will not change for a period of time.
Miao Wei said that in view of the stable economic growth and the promotion of consumption, it is suggested to extend the vehicle purchase tax reduction policy for a further period of time and make advance notice to stabilize the market and consumer expectations.
For the rise of battery raw materials, which is generally concerned by the industry. Ouyang Minggao, an academician of the CAS Member, a professor of Tsinghua University, and the vice chairman of the China Electric Vehicle Hundred Talents Association, pointed out that the main reason for the rise of lithium price in 2022 is the strong demand, which falls short of demand. The comprehensive supply delay, epidemic impact and other factors led to a sharp rise in prices. "In the long run, the global lithium resource reserves are sufficient and the recoverable amount continues to increase, and the battery material recycling industry will also usher in development opportunities."
In recent years, the boom of the new energy automobile industry has attracted large auto companies and local enterprises to work fast, making overcapacity the biggest hidden worry. In response, Miao Wei pointed out that China's automobile sales have been maintained at about 26 million for many years in a row, of which the sales of new energy vehicles have increased rapidly, with the penetration rate of 25.6% last year. The new energy vehicles are rapidly replacing the traditional fuel vehicles, and there is an alternative relationship between the two. On the whole, there is no overcapacity problem in new energy vehicles at present.
Ouyang Minggao pointed out that the high-quality development of the automobile industry has achieved remarkable results in the past year, and the domestic consumers' confidence in the independent brand of new energy vehicles has been increasing.
"Electric vehicles are the only way to strengthen China's automobile industry, and Chinese enterprises must continue to innovate and improve their competitiveness, and must not slack off." Chen Qingtai, chairman of the China Electric Vehicle 100 People's Congress, pointed out that electrification is only the first half of the automobile revolution, but the technologies and business models related to this revolution are still in the process of innovation and development.
He believed that in order to fully release the potential of the automobile revolution to benefit the society, it is necessary to integrate and connect electric vehicles with new energy, new generation mobile internet, intelligent transportation and smart cities, and promote the construction of energy revolution, information revolution, transportation revolution and smart cities.
