In the past 10 years, China has been using various policy measures to stimulate consumers and manufacturers to enter the new energy vehicle market. In the field of new energy vehicles, China's two BYD and BAIC brands have occupied the first and second place in the world.

According to Reuters, in March this year, the Ministry of Finance and other ministries and commissions jointly issued the "Notice on Further Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles", appropriately raising the threshold of technical indicators, keeping the upper limit of technical indicators basically unchanged, and focusing on supporting the technical level. High quality products. At the same time, improve subsidy standards, release pressures in stages, promote the survival of the fittest in the industry, and prevent the market from rising and falling.

In July this year, the 2019 World New Energy Vehicle Conference was held in Boao, Hainan. Chinese President Xi Jinping emphasized in his congratulatory letter that China adheres to the path of green, low-carbon and sustainable development and is willing to work with the international community to accelerate the development of new energy vehicles and related industries, to build a clean and beautiful world and to promote the building of human destiny. The community makes a greater contribution.

At present, China has become a world leader in the field of new energy vehicles. In terms of production and sales, China has been ranked as the world's largest producer and seller of new energy vehicles for four consecutive years since 2015. Each year, the production, sales and possession of new energy vehicles account for more than 50% of the global market. In terms of technology, China ranks among the world's top producers of new energy electric vehicles, namely lithium iron phosphate batteries and ternary lithium batteries. According to statistics, in 2018, 7 of the world's top 10 power battery suppliers are from China. As the technical core of the new energy automobile industry, power batteries largely determine the speed and quality of industrial development. At the same time, China is also working hard to promote the development of technology for chips and insulated gate bipolar transistors.

The development of new energy vehicles is very important to the overall development of China's automobile industry. On the one hand, the development of new energy vehicles will help alleviate the energy pressure of traditional Chinese fuel vehicles and reduce the dependence of China's oil on foreign countries. On the other hand, the development of new energy vehicles will help promote the transformation and upgrading of the automobile industry. From the perspective of technological innovation theory, the emergence of emerging technologies has provided new and huge development opportunities for developing countries. By increasing the development of new energy vehicles, China's auto industry can shift from pursuing “curve overtaking” to pursuing “changing lanes and overtaking” to achieve the overall catch-up of the industry.

Compared with other countries, China's new energy automobile industry has a significant advantage in its development. In addition to having a complete industrial chain, national strategies and related policies have also played a key role in guiding and supporting the development of the industry. The “Ten Cities Thousands of Energy Saving and New Energy Vehicle Demonstration and Application Projects” launched in 2009 laid a solid foundation for industrial development. In the early stage of the development of new energy automobile industry, the state encourages industrial innovation and supports industrial development through subsidies. Today, China's new energy vehicle industry is in the early stages of growth, and the country has begun to implement a subsidy policy. In March of this year, the Ministry of Finance and other four ministries issued the "Notice on Further Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles", and decided that from June 26, the subsidies for various pure electric vehicles will drop by more than 50%. The subsidy policy for subsiding the slope will help to strengthen the core competitiveness of China's new energy auto companies, and encourage enterprises to rely on technology research and development and innovation to win the market and promote the transformation of industry from policy-driven to market-driven.

In the future, to accelerate the development of China's new energy automobile industry, we need to focus on the following aspects. From the perspective of national strategy, the current industrial base determines that the focus of China's new energy vehicle development is still in the field of pure electric vehicles. In addition, plug-in hybrid vehicles should also be developed together. From the perspective of technological innovation, we must pay attention to cutting-edge technology research and focus on developing batteries for new energy vehicles. Now, the research and development of liquid lithium batteries has entered a mature stage. It is necessary to increase the R&D investment of solid-state batteries, track forward-looking research progress, maintain China's advantages in new energy vehicle batteries, and promote the high-quality development of new energy vehicle industry.