An unexpected "cold spring", really put a lot of new energy auto companies anxious.

On March 23, the China Automobile Association organized a seminar on the development of new energy vehicles. A group of car companies collectively "cry", hope that the China Automobile Association can communicate with the Ministry of Industry and Information Technology, and further direct to the State Council level, can introduce relevant measures to support, hedge the direct impact of subsidies retreating too fast.

Although this "closed meeting" has not been external, the incident has caused heated discussion in the industry: With these hopes, the car companies that want to drink milk from the central government, can China's new energy vehicles achieve 2 million sales plans by 2020? How can China's new energy auto industry achieve the "self-hematopoietic" function in the "post-subsidy era" that is getting closer and closer? Where is the hope of a true rise?

"Ice and Fire Two Heavens" for New Energy Vehicles

On the one hand, the investment in new energy vehicles is constantly upgrading.

On March 7, SINOMACH Co., Ltd. (hereinafter referred to as "SINOMAC") announced that it plans to invest in the establishment of new energy auto companies, including UN Capital, China National Machinery Corporation, China Electric Appliances Institute and other social capital. SINOMACH plans to invest 320 million yuan and hold 40% of the shares.

Subsequently, on March 22, BAIC Group announced the establishment of a new energy automobile industry development fund, with a investment of 10 billion yuan to stimulate the market scale of 100 billion yuan; on March 27, Guangzhou Automobile Group also announced an announcement, the subsidiary company GAC passenger car new year The 200,000 new energy vehicle expansion project was approved by the whole vote. The total investment of the project is 4.694 billion yuan.

At the same time, new entrants in the new energy sector are on the offensive. On March 17, Zero-Running Motors announced its entry into the field of new energy vehicles. On March 20th, Hong Kong Zhengdao Group and Jingwei Co. signed a "Memorandum of Strategic Cooperation", and "Old Autobots" Yang Rong also announced a return to new energy vehicles. .

On the other hand, along with the swarming investment boom, the sales of new energy vehicles have seen a dilemma of “falling cliffs”.

Affected by the subsidized retreat and the “recommended catalogue reaffirmation” policy, from January to February this year, new energy vehicles produced 25,213 vehicles, with sales of 24,781 vehicles, down 33.5 and 30.5% respectively over the same period of the previous year. Among them, the production and sales of pure electric vehicles were 21,213 and 18,963 respectively, down 23.6% and 23.4% respectively over the same period of the previous year.

In the past few years, China’s new energy automobile industry has begun to take shape under the encouragement of various policies issued by the state. In 2016, the sales volume of new energy vehicles in China exceeded 500,000 units, and the growth rate exceeded 50% year-on-year. It continued to maintain its position as the world's largest producer and seller of new energy vehicles.

However, such a scale cannot be separated from the subsidies of the national policy, “the valley” and the “protective umbrella” cover of local governments.

In order to develop electric vehicles, local governments have given certain market environment or financial support policies, which can play a role in supporting local industries, but many places have turned “support” into “protection”. During the two sessions of the National People's Congress this year, Wang Fengying, deputy of the National People's Congress and president of Great Wall Motor Co., Ltd. proposed that as of the end of February, at least nine new energy vehicle promotion pilot cities still set up local “small catalogues” under the name of filing, retaining local markets. Access restrictions, high standards and high quality products of some foreign brands are difficult to enter the local market. Local barriers have become one of the major obstacles to the development and promotion of new energy vehicles.

It is true that the rapid development of China's new energy automobile industry is inseparable from the policy's strong support, but the dependence policy is not sustainable. As the industry gradually enters the right track, the subsidy policy is gradually declining. According to the new regulations on subsidy policies, the subsidy policy will be withdrawn after 2020, and the Ministry of Industry and Information Technology intends to establish a new energy vehicle point trading system as an alternative measure.

“This means that the government-led market model will be over and the stage of leading the market to cultivate the market.” Yang Yusheng, an academician of the Chinese Academy of Engineering, said that China has encouraged the development of new energy vehicles many years ago, which has given the car companies time to buffer. Now, as the protagonist of the market, enterprises should actively digest the subsidies and retreat, and really accept the points system.

Wang Binggang, head of the expert group for the supervision of electric vehicles major projects of the Ministry of Science and Technology, also said: "It is not a long-term solution to double the subsidies for local car sales, and it is not conducive to the healthy development of the industry." Substantially reduce or directly cancel the subsidies for local new energy vehicles . This part of the funds will be used in infrastructure construction to completely break local protection in the system and form a new energy vehicle market with orderly competition.

It is foreseeable that after the comprehensive elimination of subsidies in 2020, the new energy vehicle market will also usher in a brutal racing development knockout.

"Self-hematopoietic" is inseparable from core technology

There is a problem that has become very urgent: after 2020, the financial subsidies will be completely withdrawn. In the upcoming “post-subsidy era”, these electric vehicle companies that are now entering the market have several excellent and competitive products that can completely rely on their own electric vehicle products. To win the recognition of the market and consumers.

Chen Qingtai, chairman of the China Electric Vehicle Hundred People's Association, pointed out that after 2020, foreign and joint venture brands will further exert their strength, and market competition will be extremely fierce. "Therefore, the next five years will be the key period for the development of new energy vehicles in China. Chinese enterprises must have sufficient sense of urgency to seriously study the development trend of the new energy automobile industry and strive to be in an active position in the future competition."

At present, the transformation of the automobile industry into the direction of smart connected electric power has become a powerful trend, and China has also emerged a number of new forces for building cars.

Recently, Dr. Ni Kai, the vice president of LeTV Supercar (China) Intelligent Driving, also mentioned in the People’s Daily interview on the topic of driverless driving. At present, China’s artificial intelligence research is at the forefront of the world, and relevant parties are actively drafting Autopilot-related industry standards and policies and regulations will greatly promote the development of autonomous driving and even driverless in China.

The implication is that Internet-based car companies represented by music are leading the way in technology research and development of unmanned and intelligent connected electric vehicles. The efforts to create a global shared Internet traffic ecosystem with electric, intelligent, Internet and socialization as the core of the music industry is likely to become a cross-age symbol of China's automotive industry transformation.

According to Jia Yueting, LeTV has already mastered battery grouping technology and battery management solutions including high density and high security, motor systems that clearly exceed engine performance and energy utilization efficiency, electronic control systems that efficiently use electric energy, and vehicles. Intelligent electric vehicle technology such as artificial intelligence and driverless systems, electric vehicle network communication solutions, vehicle networking technology and application systems, including interconnection and in-vehicle interaction, and has 833 core patents.

Jia Yueting said that LeTV used subversive exploration in various fields of the car for three years, comprehensively subverting key hardware indicators from design to performance, from speed to driving experience, and researching and mastering core technologies such as algorithms and AI. The FF91 is the revolutionary achievement of LeTV's car ecosystem, which LeTV and its strategic partner FF have shown to the outside world.

In early January of this year, as a strategic partner of LeTV, FaradayFuture invested by Jia Yueting officially released its first production model, the FF91, in Las Vegas, USA. Its top performance and subversive design concept caused a sensation in the global automotive circle.

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As the world's first Internet eco-electric vehicle, the FF91 combines the world's strongest dynamic performance, seamless interconnection, and security intelligence. This "new species", known as the "global surface acceleration king", has a 0 to 60 mile acceleration time of only 2.39 seconds, and has succeeded in killing Bentley, Ferrari 488GTB, Tesla ModelX and Tesla ModelS. The most powerful model; the superior power performance of the FF91 peak power can reach 1050 horsepower, up to 700 kilometers on a single charge.

In terms of intelligence, the FF91 is equipped with more than 30 sensors, equipped with a modular intelligent rear view system, and is the first in the global production car to be equipped with a lifting laser radar, a key component of self-driving, and equipped with no one. Driverless Parking has created a new era of automatic parking.

It can be said that from design to performance, from battery life to speed, from brand to global vision, from the collision of reality and dream, the birth of FF91 not only declares the official start of the FF reconstruction century auto industry journey, but also fully reflects FF and LeTV. Breaking the boundaries of innovation and defining the strength of the future.

Behind the strong product performance of FF91 is the embodiment of LeTV and FF technology accumulation. It is understood that FF has submitted more than 100 patent applications to the US Patent Office, and obtained the first patent in the United States with the electric powertrain inverter, and its original VPA (variable electric drive chassis structure) is also near electric A highlight in the automotive technology industry.

In addition, in April of this year, FF and LeEco jointly established the "FF&LeFuture" Artificial Intelligence Research Institute, focusing on the development of AI technology and prototype products with significant practical significance, and will be committed to using the research and development results to incubate new products.

Although, in recent days, LeTV's car-making plan has not completely shaken off the shadow of various rumors, but with the LeTV's various business lines, management adjustments in place, and the opening of LeTV's A-round financing, this time has passed. After the gloom, it is believed that LeTV will continue to lead the Chinese automobile brand to realize the ideal of “changing the road and overtaking” in the global automobile industry.

It is also hoped that more new energy companies will put technological innovation in the first place, and strive to overcome the "three powers" core technology to achieve the "self-hematopoietic" function, and work hard for China to become a real automobile power.

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