According to statistics, the production and sales of new energy vehicles in the first quarter of 2018 completed 150,000 vehicles and 143,000 vehicles, respectively, an increase of 156.9% and 154.3% respectively year-on-year. Segment markets, whether they are passenger cars or commercial vehicles, have maintained a relatively high growth in market performance “onlineâ€.
Market Performance Online New Energy Vehicle Sales Growth
Compared with 2017, the reason why this year's rise against the market is mainly due to effective industrial policies to enhance the level of industrial development. For example, the “transition period†set in the New Deal of 2018 gave each production company a chance to breathe, reducing the impact of subsidy withdrawal, and exempting purchase tax from being delayed for three years, activating the terminal market to some extent.
The analysis of the electric vehicle resource network and the continuous improvement of subsidy thresholds will force corporate technology upgrades, and will also eliminate some of the technologically backward companies, purify the industrial environment and optimize the industrial structure. From the perspective of market segments, the passenger car market continues to release, and continues to develop toward the high-end; while sticking to the local bus market, BYD, Yutong and other companies will further expand overseas markets, increase their overseas market share, and enhance their international competitiveness. With 30,000-kilometer mileage requirements reduced to 20,000 kilometers, more and more regions are relaxing the road rights of new energy logistics vehicles and providing temporary parking facilities, and with the further improvement of technology, the cost performance of new energy logistics vehicles will be highlighted. .
In general, the prospects for the new energy automobile market in 2018 can be expected.
Good industrial development, new energy companies benefit
In terms of enterprises, the electric vehicle resource network combed more than 30 listed new energy companies. The first quarter results found that many new energy vehicle OEMs, junior power companies, material companies, or charging facilities benefited from good development momentum. Performance is good, revenue and net profit are positive growth, only a few companies have declined.
The adjustment of new energy automobile industry policies has created a "butterfly effect" in the industry. First, sales of new energy vehicle sales will surely drive the growth of downstream companies. On the contrary, the market downturn will impede the downstream. Second, the subsidy market for passenger vehicles and commercial vehicles will exist in terms of subsidies, city capacity, and technical requirements. Differences, so different segments of the market performance of different companies, the impact of the policy is not the same, the passenger car industry is relatively difficult than the passenger car; Third, the car companies new energy vehicle subsidies receivables for a long time, will also be passed on to the downstream The accounts receivable of enterprises and downstream enterprises will also grow longer. Fourth, supporting enterprises, especially battery companies, will also be subject to upward pressure from the upstream material companies. For instance, Guoxuan Hi-tech Co., Ltd. stated that it is subject to the adjustment of new energy automobile industry policies. Affected by factors such as rising prices of upstream raw materials, the profitability of the new energy vehicle power battery industry was affected.
It is understood that Yutong, Ankai, and Zhongtong have all received 2016 national subsidies, will effectively improve corporate cash flow, reduce financing costs, and have a positive impact on operating performance. The four ministries and commissions have also started the national and subsidy settlement of new energy vehicles in 2017 and the previous year, and reduced the 30,000-kilometer mileage requirement to 20,000 kilometers. Fujian, Chengdu, Suzhou, Zhenjiang, Yangzhou and other provinces and cities have responded positively before the launch. Annual New Energy Vehicle Subsidy Application. With the successive issuance of national supplements and land subsidies, the operating conditions of the enterprises will be greatly improved.
Therefore, some companies that performed poorly in the first quarter are also full of expectations for the first half of this year. Most companies have stated that their industrial policies are clear, their key technology levels are continuously improving, their infrastructure is gradually improving, and the market has achieved certain results. Gradually released, the new energy vehicle sector rebounded.
It is understood that the Beijing Auto Show in new energy vehicles accounted for 27%, a slight increase over last year, China's consumption as a big country, the international auto giants are all eyeing, so this year's auto show foreign brands are also very eye-catching, a menacing look. Therefore, self-owned brands should be self-reliant in order to defend the position of local business leaders.
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