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New Energy Vehicle Consumption Materials Will Maintain A Growth Rate Of Around 50%
- Feb 09, 2019 -

As an important pillar of economic development, the Chinese auto market experienced the first negative growth in 28 years in 2018.The reporter learned from various departments and enterprises that the policy of promoting automobile consumption is being formulated, and promoting the sales of new energy automobile products and expanding the rural market will become policy priorities.Many experts and business people said that the trend of new energy vehicle consumption has been formed, and it is expected to maintain a growth rate of around 50% in the next few years.

According to the China Association of Automobile Manufacturers, in 2018, the production and sales of automobiles were 27.809 million and 28.081 million, respectively, and the production and sales decreased by 4.2% and 2.8% respectively over the same period of the previous year.This is also the first negative growth in the domestic auto market in 28 years. Under this unfavorable condition, the new energy vehicles still handed over the “scores” of sales of 1.256 million vehicles, an increase of 61.7%.

In response to this situation, the National Development and Reform Commission, the Ministry of Commerce and other departments held a special meeting recently, proposing to increase policy support, promote automobile consumption, and meet the people's demand for green smart new car consumption.

Many car companies expressed optimism about the upcoming automobile promotion consumption policy, especially the new energy automobile industry is full of confidence in the future prospects.

“It is expected that by 2021, without subsidies, the price of new energy vehicles is based on the price of the same fuel vehicle,can be controlled within 25%.With the huge advantages of new energy vehicles in terms of intelligence and cost of use, they can attract a large number of consumers to buy new energy vehicles. ”Zheng Gang, general manager of Beiqi New Energy Automobile Co., said.

In response to the future automotive industry support policy, many companies and experts believe that the future subsidies for new energy vehicles will decline, but the policy will not decline. The country's promotion of new energy vehicle industry development and continuous improvement of environmental governance will not change. It is expected that the new energy vehicle market will maintain a growth rate of around 50% in the next few years.