Abstract: in 2018, the new energy vehicle blue book was released in Tianjin in September 1st. China's new energy vehicle production and sales increased by more than 50% in 2017, accounting for nearly 60% of the global market. However, the market volume in China is still small, with 1.53 million vehicles at present, accounting for only 0.7%, and there is a huge space for future development. Experts pointed out that the current policies of China's new energy automobile industry are far from enough to support R&D innovation capability.
On September 1, the Blue Book on New Energy Vehicles, co-sponsored by China Automobile Technology Research Nissan (China) Investment Co., Ltd., China Automobile Technology Research Center (CATARC) and Social Sciences Literature Publishing House, was published at the 13th China Automobile Industry Development (TEDA) International Forum. The Blue Book points out that China has ranked first in the world's new energy vehicle production and sales for three consecutive years, and the industry's international competitiveness ranks third among the five major industrial countries.
In 2017, China's new energy vehicle production and sales reached 794,000 vehicles and 777,000 vehicles, respectively, 53.8% and 53.3% higher than 2016, accounting for 59% of the global market, a clear lead. But compared with traditional fuel cars, the market volume is still small. According to the statistics of the public security department, by 2017, China's car ownership reached 210 million vehicles, and the new energy vehicle ownership reached 1.53 million vehicles, accounting for only 0.7 percent. There is a huge space for future development.
The blue book points out that private demand is leading the new energy vehicle industry to market driven transformation. One of the performances is that the market share of new energy passenger cars continues to rise and bus growth is weak. According to the CAAC, new energy passenger vehicles sold 580,000 vehicles in 2017, up 72% from a year earlier, and their market share increased from 67% in 2016 to 75%. Under the influence of many factors, such as subsidies declining, single market demand and so on, the new energy passenger cars will decrease by nearly 1.9% in 2017, selling only 127,000 vehicles. In the future, with the change of traffic demand and cost factors, the growth will be weak or will continue.
The second market performance is a significant increase in the number of passenger cars, and to the development of high endurance and SUV. In 2018, the 5th and 6th batch of Catalogue of Recommended Vehicles for Promotion and Application of New Energy Vehicles, covering a total of about 65 passenger vehicle enterprises, 400 products, including 340 pure electric vehicles, more than 250km mileage of vehicles accounted for nearly 75%. In early 2018, the market began to appear longer mileage, intelligent and higher degree of networking products, products showing a large-scale, quality development trend. Class A and above models and SUVs centralized, and even MPV and B-class cars, such as BYD Song MAX, Ultimate ES8, Weima EX5/6.
According to the Blue Book, China's private consumption of new energy vehicles is expanding. Prior to 2016, the development of this market relies mainly on restricted-purchase cities. In 2017, it is mainly the gradual enrichment of categories, the continuous upgrading of technology and the increasing conformity of products to consumer demand. In 2017, 410,000 new energy vehicles were consumed in the private sector, accounting for nearly 57% of the total, up nearly 25 percentage points from the previous year. Weifang, Zhengzhou, Changsha, Qingdao and other non restricted cities have more than 10 thousand new energy passenger vehicles. In the new energy special vehicle market, the pure electric vehicle market has maintained a high growth rate and has great potential. In 2017, pure electric trucks accounted for nearly 90% of the total sales of more than 80,000 vehicles, a growth rate of more than 200%, the future pure electric truck market will enter a period of rapid growth, market penetration is expected to increase significantly.
According to the sub-indicators, China's advantages mainly lie in its market size, and its competitiveness in other areas is still weak, especially in the last place among enterprises, products and basic competitiveness, which covers advanced automotive materials and manufacturing equipment, industry-university-research cooperation and industry intellectual property rights (IPR). The number of patents, independent development capability of enterprises, forward-looking investment of enterprises, technological advancement, safety and reliability of vehicle and power system directly reflect the R&D capability and technological advancement level of a country's new energy automobile industry and major enterprises, and determine the level of industrial competitiveness in the future.