At a time when the market was affected by Tesla Model Y's first price drop at the beginning of the year, and the new energy concept became the focus, Cao Dewang, chairman of Fuyao Group, China's largest automotive glass manufacturer, poured "cold water" on "growth opportunities for the new energy vehicle industry" when interviewed by the media: "New energy vehicle industry has accumulated a certain amount of Bubble, which may end up wasting money and overcapacity."
"A lot of people see new energy vehicles as a good investment opportunity or tuyere, so they rush to invest," he said. The so-called new energy vehicles are electric vehicles in nature, and some enterprises call them new energy vehicles just because they want to get subsidies, but enterprises cannot live long by subsidies. "
The 2021 new energy subsidy policy was launched on the last day of last year. The subsidy standard for non-public domain passenger cars in 2021 will decline by 20% on the basis of 2020, which is in line with the standard of three-year subsidy policy issued in 2020. In view of the new energy industry blind investment, illegal construction, product recall and other phenomena, the new policy also gives clear guidance. The agency believes that the implementation of the policy will help accelerate the survival of the fittest, and the new energy vehicle industry will gradually achieve a transition from subsidy-driven to market-driven in 2021.
Cao Dewang also said that there are two main problems: first, what about those who produce traditional gasoline and diesel models when they switch to new energy vehicles, and what about car owners with car loans? the second problem is that in order to meet the needs of new energy vehicles, the supporting facilities in the residential district need to be rebuilt, and the current situation such as charging piles, preset cables and wires, and insufficient capacity of transformers all need to be solved urgently.
Some leading companies are already trying to improve the situation. Volkswagen plans to build the first batch of 300kW charging piles in 2021; Xiaopeng, one of the new car-building forces, has also realized a lifetime free charging service in 100 cities and 670 stations in 95 days last year, covering more than 90% of Xiaopeng car owners.
Yesterday, the world's largest Tesla supercharging station settled in Shanghai, and the agency pointed out that Tesla can reduce costs and drive Tesla's sales by producing charging piles locally in Shanghai. on the other hand, it can lead the Chinese market to break through the short board restrictions of supporting infrastructure and pull the development of supporting industrial chains upstream and downstream of charging piles, and further stimulate third-party operators to continue to speed up the layout of charging facilities.
Guojin Securities said in the latest research report that at present, after the global economic resonance repair superimposed production capacity is cleared in 2021, the manufacturing investment cycle has rebounded, and the prosperity of mid-stream manufacturing-related fields is expected to continue. Emerging industries represented by photovoltaic, wind power, new energy vehicles, as well as traditional industries represented by construction machinery and automobiles will improve their overall profitability. China Merchants Securities also suggested that the performance forecast of the mid-stream companies of new energy vehicles this year may need to be systematically revised, and the acceptance of high valuations for the mid-stream companies of new energy vehicles can still be appropriately improved.
