[2023 wickedfierce] The high growth of new energy vehicles is expected to continue this year

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With the beginning of the Year of the Rabbit, efforts to expand consumption are...

With the beginning of the Year of the Rabbit, efforts to expand consumption are accelerating in all regions. New energy vehicles are an important starting point, with Shanghai, Zhejiang and Shaanxi implementing related support policies.

[2023 wickedfierce] The high growth of new energy vehicles is expected to continue this year

Su Hui, Honorary Chairman of Tangible Market Branch of China Automobile Dealers Association, told Securities Daily reporters that the new energy vehicle subsidy policy will be canceled in 2023, but the new energy vehicle consumption promotion policy will continue to grow. . Energy vehicles in other places are expected to continue, and the trend of growth in consumption of new energy vehicles will continue in 2023.

Recently, many people have announced policies to accelerate the development of the new energy automobile industry. "Announcement on Promoting Vehicle Circulation and Expansion of Automobile Consumption" dealing with support for purchase and use of new energy vehicles Stabilization and expansion of automobile consumption Improving the speed of vitalization used car market and finished vehicle loans, various services, etc.

On January 29th, Shanghai released the "Shanghai Action Plan to Improve Confidence". Expanding Demand and Promoting Stable Growth Development" proposes to subsidize new energy vehicles to replace passenger vehicles registered in Shanghai and meet relevant standards. And the purchase of pure electric vehicles will receive a subsidy of 10,000 yuan per vehicle .

"Action Plan to Accelerate the Development of Zhejiang New Energy Vehicle Industry" issued by Zhejiang Development and Reform Commission on the same day. Provincial Department of Economics and Information Technology and Provincial Ministry of Science and Technology By 2025, the annual output of new energy vehicles will exceed 1.2 million units, accounting for the entire province's automobile output, with new energy vehicle output accounting for about 10% of the country's total output . Grants to replace fuel vehicles with new energy vehicles Support construction land in key areas to support the new energy vehicle industry.

As the official state subsidy for new energy vehicles was withdrawn in 2023, local governments' new energy vehicle support policies have become a subject of interest for automobile companies and consumers.

Wang Xianbin, director of the Gasgoo Automotive Research Institute, told Securities Daily reporters that announcing local government support policies for new energy vehicles could boost the consumer market in the short term. Promote sales growth of new energy vehicle enterprises and drive regional economic development. In the meantime, the industry has long expected the official withdrawal of state subsidies for new energy vehicles. And many companies are starting to adjust their business strategies.

According to forecast data released on the official website of the Passenger Federation on the 28th, retail sales of passenger cars in January are expected to decrease by 34.6% compared to the same period last year and the previous month to 1.36 million units. It fell 37.3%, and retail sales of new energy vehicles are expected to reach 360,000 units, an increase of 1.8% year-on-year and a decrease of 43.8% month-on-month. The market penetration rate is 26.5%.

The China Travel Association was in advance due to the Lunar New Year, so the agency sales flow in January was disrupted. Therefore, popularity and trading efficiency are weaker than normal seasonal levels. The new energy vehicle market is subject to short-term volatility as large-scale price adjustments by some major manufacturers are putting consumers in a wait-and-see mood and the track is slowly returning to normal pace.

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