New energy vehicle sales grow exponentially

Ye Shengji, vice president of the China Association of Automobile Manufacturers, told the Shanghai Daily that a total of 23 million vehicles were sold and sold in 2013, including more than 17,000 new energy vehicles, including hybrid vehicles. "This year, as soon as the hybrid subsidy policy is implemented as soon as possible. With the premise of breaking local monopolies everywhere, China's new energy vehicles are expected to sell 60,000-80,000 vehicles, of which passenger vehicles will reach about 30,000." Ye Shengji optimistically expected. This sales figure will be three to four times sales in 2013.

Among them, the biggest driving force should come from the policy level. In mid-September 2013, a new round of subsidy for new energy vehicles was launched, and the target of 500,000 vehicles was launched. For Zuo Yanan, the former chairman of JAC, the new subsidy policy is more scientific. "From the original subsidy to local finance, it has now been transformed into a direct vehicle enterprise, and the enthusiasm of car companies has increased."

Gu Yuan, Chief Investment Officer of Ou Rui Fund, also told reporters that, at present, the electric car market is still a subsidy market. In fact, it is largely subject to policy influence. Sales in 2013 are not very good, mainly because the subsidy policy is actually the main reason. It was almost stopped for one year, and in 2014 it was back again, and sales would be "warm up."

According to Pan Xiaofeng, managing director of Jinshajiang Venture Capital, this year is only the acceleration period for new energy vehicles. In 2016 and 2017, it may become the tipping point for the new energy automotive industry. In other words, after 2016, it will really enter a period of rapid development.

For the growth of market demand, Fu Yi, deputy general manager of Shanghai Putian New Energy Co., Ltd. stated that in order to realize industrial scale development, new energy vehicles must be treated as an industry. According to him, the construction of charging facilities, charging piles and other infrastructure facilities must also be carried out first. For example, Shanghai Putian began investing and building charging stations in Shenzhen in 2009 and has invested 1.3 billion yuan in four years. In the future, industry giants such as PetroChina and Sinopec will increase their investment in charging station facilities.