qixin

In 2019, the automobile industry is facing a cold winter. Under the influence of industrial transformation and upgrading, new energy subsidies regression, foreign investment introduction and other factors, the overall new energy vehicles show a downward trend, but the sales structure is still advancing rapidly, among which the regional structure, demand structure and vehicle grade structure are changing.

In 2019, the state has introduced multiple policies to support the promotion and application of new energy vehicles, including the Recommended Models Catalog for Promotion and Application of New Energy Vehicles, the reduction of value-added tax, and the continuation of preferential policies on vehicle purchase tax.

During the Forum of The 100 People's Congress on Electric Vehicles (2020), Minister of Miao Yu of the Ministry of Industry and Information Technology pointed out that the subsidy policy for new energy vehicles in 2020 will remain relatively stable and will not decline significantly, which will be great good news for the industry chain of new energy vehicles.

In 2020, the new energy automobile industry will usher in a qualitative change to drive demand, and the industry will gradually enter a golden era. According to the Development Plan of New Energy Automobile Industry (2021-2035) (for comment), the sales volume of new energy automobiles will account for about 25% of the automobile sales volume by 2025, and the sales volume of new energy automobiles is conservatively estimated to be about 7 million.