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New energy vehicles are not trends but real industry competition is entering the

Nowadays, China's new energy automobile industry has become the biggest engine to promote the development of the global new energy vehicle market. China has been ranked as the world's largest producer of new energy vehicles for three consecutive years.

New energy vehicles are shifting from a policy-driven to a market-driven one. With the comprehensive implementation of the subsidy new policy and the double-point policy, market competition is gradually becoming “white-hot”. At the same time, both market increments and investment enthusiasm have shown a high profile.

In 2017, China's new energy vehicle sales reached nearly 800,000 units. In 2018, in the first eight months alone, the output and sales volume of new energy vehicles exceeded 600,000 units, a year-on-year growth rate of 75.4% and 88% respectively. At this rhythm alone, the goal of achieving sales of more than one million in 2018 and over 2 million in 2020 is just around the corner.

In the first half of this year, China's new energy vehicle sales accounted for more than 50% of the global total. BYD (46.550, -2.55, -5.19%) and Beiqi New Energy and other eight automobile brands entered the top 20 global new energy vehicle brand sales. At the same time, the new power of the car has risen strongly. At present, more than 200 new brands of new cars are making great strides in the field of new energy vehicles. The planned investment amount and capacity of this new force are more than 100 billion yuan and 10 million vehicles respectively.

On the other hand, the pace of upgrading the industry's consumption upgrades has accelerated, the development space and format have ushered in diversification, and investment opportunities and space in the industry chain have also increased. However, China's new energy automobile industry chain is also facing the impact of domestic and international forces. The "playing code" is increasing and the game is continuous. At present, the entire industry generally presents the following trends:

The state's support for the industry remains unchanged

The new energy automobile industry is an important driving force for upgrading the upgrading of China's automobile industry. The state's support for the new energy automobile industry has remained unchanged. At present, the various departments of the country jointly promote and support policy support, and the institutional advantages are very prominent. Various favorable policies such as incentives, restraints, guarantees, management norms, and industrial guidance have been formulated for new energy vehicles. The system is very complete and the supporting facilities are increasingly perfect.

Whether it is the "Energy Conservation and New Energy Vehicle Development Plan (2012-2020)" issued earlier, or the recent "Public Industry Medium- and Long-Term Development Plan" and other major policies, it has released an important signal that electric vehicles are the country. The established industrial strategy and policy direction will not waver in the direction of promoting its sustainable and healthy development. These policies are promoting the healthy and orderly development of the industry from multiple dimensions, and will benefit the development of the new energy automobile industry in the long run.

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