Since the first quarter of this year, a series of new trends have emerged in the field of new energy vehicles in China: First, on March 7th, Wattmar joined hands with China’s Hengtian, highlighting the first year in the spring of the promotion of 20,000 new energy commercial vehicles. Single; followed by BAIC on March 22nd launched China’s first new energy vehicle development fund with a scale of over 10 billion yuan; on April 9, Changan Automobile also signed a strategic cooperation agreement with Weilai Motor to jointly promote new energy vehicles. Smart service.
These signs indicate that the development of new energy vehicles in China has been over-reliance on government subsidies in the past and it has begun to move toward a new stage of market-oriented investment operations.
In the past, in the face of generous financial subsidies, some car companies did not increase their research and development efforts, but they started to use fraudulent ideas. With the introduction of strict investigation of fraudulent subsidies and the introduction of fiscal subsidies, the new energy automotive industry has re-finished its roadmap.
From a macro perspective, due to policy changes, subsidies, and other factors, in the first quarter of this year, China's new energy vehicles produced a total of 58,517 vehicles, sales of 55,929 vehicles, down 7.7% over the same period last year and 4.7%. However, from the micro level, some new active factors are being accelerated.
First, upstream and downstream enterprises in the industrial chain began to develop in groups. On March 7, China's Watermar New Energy Automobile Industry Innovation Alliance signed a cooperation agreement with China Hengtian Group Co., Ltd. Both parties will jointly establish an operating team to jointly develop vehicle design and development of pure electric vehicle logistics.
This type of upstream and downstream business clustering development model can better compensate for some industry shortcomings. For example, in the field of special vehicles, due to the existence of long payback periods and inability to take into account immediate interests, many manufacturers are lagging behind in the development of new technologies for specialized vehicles, and the research and development of electric special vehicles is rare. Waterma and Hengtian made Hengtian launch the "Car + Infrastructure + Business Model + Financial + Service City" low-carbon transportation solution and Wattmar's "Driver Network, Demand Network, Charging Network, Payment Network, The seven networks of cargo network, monitoring network, and car networking are closely integrated and can form a new energy energy logistics vehicle business ecosystem quickly.
Second, vehicle companies also began to absorb social capital extensively. On March 22, BAIC launched China’s first new energy vehicle development fund with a scale of over 10 billion yuan – An Peng China New Energy Industry Development Fund. This is the first billion-dollar industrial development fund initiated by China's large-scale vehicle group, and it is also an investment fund geared specifically to the market-oriented operation of the new energy automotive industry.
BAIC stated that An Peng China's new energy industry development fund is not exclusive to BAIC, but it is for the entire country and the entire industry. In the direction of investment, the fund will focus on cutting-edge technologies, support and nurture emerging industries and innovation and entrepreneurship, and focus on solving the industry's short board problems and bottlenecks.
Third, the integration of traditional auto companies and Internet companies is also accelerating. On April 9th, Changan Automobile and Weilai Motors signed a strategic cooperation agreement to jointly launch a new journey of Smartnet’s new energy vehicle. At present, Changan Automobile has successfully mastered more than 60 intelligent technologies in the three categories of smart interconnection, intelligent interaction, and intelligent driving. As a new-type new energy vehicle company with mobile internet genes, Weilai Motors has established design, R&D and production facilities in 12 locations in Shanghai, San Jose, Munich and London.
Obviously, the cooperation between the two companies has the exemplary significance of the wind-style indicator.
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