Why is the world reluctant to develop new energy except for China? Mr. Ningde said in one word

New energy vehicles, a hot topic in recent years, seem to have become the only way for the transformation of the global automotive industry.

However, when you look around the world, you will find an interesting phenomenon: except for China, other countries do not seem to be so interested in the development of new energy vehicles.

Why? The people at the helm of CATL reveal the reasons for this with their unique insights. His views are full of wisdom and worth listening to. Let’s take a look at some of its insights.

【Global New Energy Development Dilemma】

Although new energy vehicles are regarded as the future trend of the automotive industry, the pace of global promotion has been slow except in China. The reasons behind the different policies of various countries are complex and diverse, and they need to be analyzed in depth.

The vigorous development of new energy vehicles is inseparable from the solid support of infrastructure such as charging facilities and battery swap stations. However, the huge investment in this area is undoubtedly a huge challenge for many countries, like a hot potato in their hands, which needs to be moved forward bravely and dealt with carefully.

These investments, which often run into the hundreds of millions of dollars, undoubtedly pose a significant economic strain for countries with poor fiscal positions. Such huge expenditures not only increase the financial burden on the state, but may also affect investment and development in other important areas.

In addition, infrastructure construction involves multiple cumbersome steps such as power grid transformation, land acquisition and relocation, and construction approval. However, the lack of coordination between government departments and the difficulty of enterprises to break through alone, resulting in many difficulties and difficulties in the progress of the project.

The technical route of new energy vehicles needs to be improved, and the technology choices of countries and enterprises are different, and there is a lack of unified standards. The current situation is like an eyebrow and beard, lacking a clear technical orientation, and it is necessary to further build consensus and promote technological maturity and standardization.

Japan has invested heavily in hydrogen fuel cell technology, Europe has favored plug-in hybrid technology, and China has firmly chosen pure electric technology as its development focus. Although countries have different paths, they are actively exploring the future of new energy vehicles.

The diversity of this technical route makes the global new energy vehicle industry like a plate of scattered sand, and the synergy effect is missing. It is difficult to form a scale effect between enterprises, and it is difficult to coordinate the upstream and downstream of the industrial chain, which restricts the rapid development of the entire industry.

Consumer acceptance of new energy vehicles is also a challenge. Many consumers still have doubts about the mileage and charging time of new energy vehicles, and are worried that they will have to wait in a long queue when they go out.

New energy vehicles are expensive, often tens of thousands of yuan higher than fuel vehicles of the same level, which discourages consumers. This makes the market promotion of new energy vehicles in a difficult situation, like a boat sailing against the current, once stagnant, it will face the risk of retreating.

In the development of new energy vehicles, in addition to the common problems, some countries also encounter unique challenges. In the United States, for example, the vast territory and the lag in the construction of power grids in many remote areas make the charging of electric vehicles in these places particularly tricky.

Japan has limited territory and precious land, making it difficult to find suitable space to build charging facilities; European countries have different policies, and charging standards are messy when traveling across borders, making it difficult to protect consumer rights and interests.

Although Europe, the United States, Japan and South Korea started earlier in the field of new energy vehicles, due to the interests of traditional car companies, key technology shortcomings, lagging supporting facilities, slow changes in consumer concepts and other multiple constraints, the development speed and scale are not as fast as China.

[China’s new energy vehicles, which are becoming more and more frustrated]

The development of China’s new energy vehicle industry can be described as a legend of overtaking in corners. Just a dozen years ago, we were still worried about soaring oil prices and exhaust pollution, who would have thought that now electric vehicles have become the protagonists of the streets and alleys, and have become the leading role in the transformation of the global automotive industry.

All this is inseparable from the strong support of national policies. From purchase subsidies, from purchase tax exemption to double points management, a series of combination punches have given new energy vehicles wings to take off.

The government is like a discerning Bole, who has spotted this rising horse, and has done its best to pave the way and provide the most fertile soil for it.

With the help of the spring breeze of policies, China’s new energy vehicle industry is booming. Leading companies such as BYD and CATL have launched hot-selling models such as Qin, Tang and Han by virtue of their technological advantages, which are favored by consumers and lead the industry forward.

Since 2003, BYD, a leader in domestic new energy vehicles, has been aiming at the new energy vehicle market with ambitions, intending to get a piece of this huge cake.

With years of technical accumulation in the field of batteries, BYD quickly mastered the new energy vehicle. Today, BYD has become the world’s largest electric vehicle manufacturer, so that those established car companies have to look up.

And when it comes to batteries, we have to mention the big guy of CATL. It is praised by the public as the heart of new energy vehicles, and provides a steady stream of power for countless car companies.

CATL’s battery has high energy density and long cycle life, which can be said to be. It is no wonder that it has been able to sit firmly on the throne of the global battery sales champion for many years, and has become the object of cooperation among many car companies.

In addition to the guiding role of leading enterprises, the collaboration and cooperation of countless small and medium-sized enterprises in various fields of the new energy vehicle industry chain has also contributed an indispensable force to the vigorous development of China’s new energy vehicle industry.

Under the guidance of the government’s policies, China has formed the world’s most complete new energy vehicle industry system, from upstream battery materials to downstream vehicle manufacturing, and then to charging infrastructure construction, providing a solid guarantee for the sustainable development of the industry.

Today, China’s new energy vehicle industry has risen to become a global leader in the trend of electrification. In 2022, China’s new energy vehicle sales will account for more than 60% of the world’s total, and the export volume will double, demonstrating a strong momentum of development.

Chinese brands, with excellent cost performance and intelligent technology, have won the recognition and love of overseas consumers. More and more overseas customers are choosing these innovative and powerful Chinese products.

Looking forward to the future, under the guidance of the “dual carbon” goal, China’s new energy vehicle industry has broad prospects. With the continuous breakthrough of technology and the gradual reduction of costs, new energy vehicles are expected to replace fuel vehicles in multiple market segments.

Chinese companies such as BYD and CATL will continue to play a leading and driving role in helping China realize the leap from a major automobile country to an automobile power. With their excellent technical strength and innovation capabilities, these companies will continue to promote the continuous development of China’s automotive industry.

Wang Chuanfu, chairman of BYD, once clearly pointed out: “We must deeply understand that whether it is an individual or an enterprise, continuous innovation is the key to maintaining competitiveness.” Only by continuous innovation can we be invincible in the fierce market competition. ”

[CATL CEO: China has innate advantages in the development of new energy vehicles]

In the face of the significant gap between the development of new energy vehicles at home and abroad, Zeng Yuqun, chairman of CATL, put forward unique insights. He pointed out that China has a natural advantage in the development of new energy vehicles, which will undoubtedly help China make greater breakthroughs in the field of new energy vehicles.

China has the world’s most complete new energy vehicle industry chain, from upstream battery raw materials, to midstream batteries, motors and other key components, to downstream vehicle manufacturing, China occupies a dominant position in all links. In other countries, there are widespread industrial chain problems.

Looking at the core components, China’s advantages are still significant. Taking motors as an example, the vigorous development of new energy vehicles and the wide application of dual-motor models have promoted the rapid growth of China’s drive motor industry, showing strong market potential.

In terms of electronic control, China has formed a relatively complete IGBT industry chain, and the market share of domestic electronic control has increased rapidly. In contrast, the shortcomings of other countries in these areas are very clear.

Needless to say, China’s new energy vehicle companies have sprung up, from traditional car companies to new car manufacturers, from state-owned enterprises to private enterprises, you are chasing me.

And many car companies are not only limited to the domestic market, but look at the world and make a big move. On the other hand, in other countries, the transformation of traditional car companies is weak, and there are few new forces, which is difficult to achieve a climate.

China’s new energy vehicle market is not only large, but also growing rapidly, the largest in the world. This huge market space provides unlimited development potential for enterprises, and at the same time, it also prompts enterprises to continuously accelerate the pace of technological innovation and product upgrading. In contrast, the market size of other countries is relatively limited, and the development momentum of enterprises is relatively insufficient.

In 2023, China’s new energy vehicle sales will exceed 9.495 million units, a year-on-year surge of 37.9%, and the market share will be as high as 31.6%. In contrast, the penetration rate of new energy vehicles in developed countries such as the United States and Europe is less than 10%. China’s new energy vehicle market is like a vast ocean, and other countries are just small ponds.

In the huge market space, Chinese car companies can give full play to the power of innovation and iteration. Poor product? There are still plenty of opportunities. Foreign car companies are under pressure to be eliminated from the market. Under such pressure, its impetus for innovation will inevitably weaken.

The Chinese government’s support for the new energy vehicle industry is unprecedented. Through subsidies, tax incentives and other policies, as well as infrastructure construction and industrial planning, it has created a superior environment for the development of new energy vehicles. In contrast, support from other countries has been more limited.

Other countries have also introduced supportive policies, but they are not as strong as China’s. Thanks to the joint efforts of policy guidance, technological innovation and business model innovation, China’s new energy vehicle industry has developed rapidly and has become a leader in the global new energy vehicle industry.

Throughout the world, China is unique in the field of new energy vehicles, ranking first in sales and growth rate, becoming an important force leading the development of the global new energy vehicle industry, showing strong market competitiveness and development potential.

The leading force of China’s new energy vehicle industry is not only reflected in the expansion of scale, but also in the leap of technology. The company actively increases R&D investment, and has made comprehensive breakthroughs in core technologies such as power batteries, electric drives, and intelligent networking, and product performance and quality continue to rise.

Some Chinese brands’ new energy models have matched or even surpassed the international top level in terms of cruising range and intelligence, and have been well received by consumers at home and abroad, showing strong competitiveness and market potential.

New energy vehicles, as the forefront of the automobile industry, are leading the global industrial transformation. China is already in a leading position in this field, and with a sound industrial chain, huge market demand and policy support, the new energy vehicle industry has successfully achieved leapfrog development.

China’s new energy vehicle industry is realizing a gorgeous transformation from “follower” to “leader”, jumping from a “catch-up” state to a “leading” position. This transformation not only provides a good opportunity for China’s auto industry to overtake, but also injects strong development momentum into the global new energy industry.