Boston Consulting: China's 5 Million Electric Vehicles Goes on the Road in 10 Years

The subsidy of the 5 billion new energy vehicles reserved by the Ministry of Finance has so far been less than 100 million yuan in subsidy for private purchases. In the past three years, the total sales volume of BYD electric vehicles F3D M was only 365, but the privately-owned new energy passenger vehicles were only 800. Around... Although the various data disclosed by the media have been quite unfavorable to the development of new energy vehicles including electric vehicles in China in the recent past, there are also promising people in China for new energy vehicles and electric vehicles.

The government or the implementation of stimulus measures Boston Consulting Group (Boston Consulting Group) recently predicted in a research report that by 2020 China will become the world's largest electric vehicle market, while Europe and the United States will only be ranked second and third. . The research report pointed out that China will have 5 million electric vehicles on the road in the next 10 years, which is equivalent to approximately 7% of the total new vehicle sales in the same period.

The Boston Consulting Group's research report pointed out that in order to promote electric vehicles in China, the government may take other measures in addition to current car subsidies, such as driving restrictions on traditional cars but not electric cars. In Beijing, Nissan has reported that there is rumors that the upcoming Beijing subsidy program for private purchases of new energy vehicles will explicitly buy consumers of electric vehicles. It is possible to obtain a vehicle license plate without resorting to a way of winning. At the same time, electric vehicles can also be exempted. Travel tax.

Boston Consulting Group pointed out that the government may implement a series of measures to encourage the development of electric vehicles, making the Chinese market an uncertain factor in the development of the electric vehicle industry. The Chinese market may thus become the world's largest electric vehicle market. Therefore, current electric vehicle manufacturers and suppliers should prepare for the doubled growth of electric vehicle sales in China and the dramatic increase in the penetration rate of electric vehicles.

The formulation of a unified standard constitutes a challenge The World Bank has also released a report on the "China's New Energy Vehicle Action Plan: Challenges and Opportunities". The report believes that China, like many other countries in the world, will also face many challenges in promoting the development of electric vehicles.

The biggest challenge comes from how to ensure strong policy promotion. The report pointed out that China's current electric car policy is mainly promoted through the purchase of vehicle subsidies, which is not uncommon at the present stage of market development. However, in the future, other relevant policies will need to be formulated to support institutional and technological innovation, deployment of car charging infrastructure, and enhancement of manufacturing capabilities. (Southern Metropolis Daily. com SouthernMetropolisDailyMark South are net)

Secondly, the development of comprehensive charging solutions is also an urgent issue for the development of electric vehicles in China. The development of electric vehicle charging infrastructure and technology in China has always focused on public service vehicles such as buses, trucks or taxis. However, as the demand for private cars increases, comprehensive solutions for battery charging need to be developed to ensure the safety of car charging.

Again, the development of a unified standard also poses a challenge. As China's electric vehicle industry matures, it needs to set new unified standards for charging and safety and battery processing for manufacturers and consumers. China's large-scale power companies are relatively few. It should be easier to establish uniform standards in China than in the United States and other countries. However, these standards are often different from those in Europe and the United States, and may increase costs and hinder access to international markets.

How to establish a stable new business model is also a problem. China may form a new alliance between power companies, automakers and cities, but new business models must be commercially viable and able to bear the cost of charging infrastructure because the electric car industry cannot be indefinitely Rely on government funding support.

In addition, how to maintain and increase consumer acceptance of electric vehicles is also a key issue. After the end of government subsidies, consumers may not insist on electric vehicles if they think that the extra investment in electric vehicles is not worth it.