The hottest new energy vehicle is still the locomo

New energy vehicles are still the "locomotive" of the car market. "In March, the retail sales of passenger cars reached 1.74 million units, a year-on-year decrease of 12.1%. This is the smallest year-on-year decrease since the fourth quarter of last year, indicating that the car market has shown a good trend of gradual recovery in recent months. At the same time, retail sales in March increased by 48.2% month on month compared with February, the strongest in the near future." Recently, Cui Dong, Secretary General of the national passenger car market information joint committee, said at the auto market seminar of the passenger car joint committee that the main connection surface and exposed processing surface of castings should not have sand holes, pores, and shrinkage trees. In addition to showing a "stable and rising" trend, the auto market in March this year also showed the characteristics of "polarization"

among them, the growth differentiation of various types of vehicles is relatively obvious. Car retail sales fell by 12.0%, SUV retail sales fell by 10.7% and MPV retail sales fell by 20.2% year-on-year. In addition, the sales volume of various brands also showed a trend of continuous differentiation, among which the sales volume of luxury cars increased by 7.5% year-on-year, the sales volume of mainstream joint venture brands decreased by 12.3% year-on-year, and the sales volume of independent brands decreased by 15.7% year-on-year. Cui Dongshu said bluntly: "at present, the Japanese and German markets are performing well, and the pressure on independent brands is still not small."

it is worth mentioning that after the start-up of most models in the automotive market and the brand sales are not satisfactory, new energy vehicles have bucked the trend and continued a stable upward trend. According to Cui Dongshu, relying on the favorable continuation period of the subsidy policy for new energy vehicles, the sales volume of new energy vehicles in March was 111000 units, with a year-on-year growth rate of 100.9%

in the first quarter of this year, a total of 254000 new energy vehicles were wholesale, with a cumulative increase of 137000, and the cumulative growth rate of wholesale reached 117.8%. "The performance of new energy vehicles this year can be described as a 'good start'." In addition to the amazing growth rate, Cui Dongshu also pointed out that in March, class a electric vehicles accounted for 55.0% of the sales of pure electric vehicles. In his view, this is a good signal for new energy vehicles to achieve higher quality growth

on March 26, the 2019 new energy subsidy policy was officially released. Although the amount of subsidy was reduced and the threshold was raised, in Cui Dongshu's view, such a new energy subsidy policy is in line with the power transformation trend from subsidy promotion to market choice, and the change of subsidy policy is basically in line with recent expectations

in addition, the original subsidy policy has been extended for nearly two months, which also reduces the transition period of subsidy adjustment this year. He said frankly, "the subsidy period arrangement of such a policy is a major positive pull, which has a good incremental effect on the growth of new energy vehicles in the car market."

with the double advantages of sufficient market confidence and the implementation of subsidy policies, the development of domestic new energy vehicles in 2019 was better than expected. Cui Dongshu said, "based on the 1.2 million new energy vehicles in 2018, the original prediction was 1.6 million new energy vehicles in 2019. At present, the increment of 100000 new energy vehicles should be adjusted. It is expected that the sales of new energy vehicles in 2019 will reach 1.7 million."

although new energy vehicles play the role of "locomotive" in the cold winter of the car market and provide continuous power, Cui Dongshu also reminded that major car enterprises still need to "grasp both traditional fuel vehicles and new energy vehicles". He believes that with the development of science and technology, the level of oil exploitation and conversion rate have also been greatly improved, and the supply of energy such as oil and natural gas may be longer and more stable than expected in the future

"at present, the core technology advantages of traditional car enterprises are still engines, body, chassis, etc., which can bring higher profits. However, the batteries and motors of electric vehicles can not replace the profit effect of engines." Cui Dongshu said

as he said, at present, the general situation of automobile enterprises is that "traditional fuel vehicle business makes money, while new energy vehicle business loses money". Therefore, under the huge financial pressure of new energy vehicles, simply encouraging enterprises to give up the business of making money and try their best to lose money is not in line with business logic and market rules. He said: "through the double credit policy, encourage car enterprises to coordinate the development of fuel vehicles and new energy vehicles, complement each other's advantages, and achieve a reasonable proportion structure between new energy vehicles and traditional vehicles, so as to achieve sustainable development."

"the 30000 ton aluminum based new material project of Shanxi Juhua, a traditional fuel vehicle, started in the aluminum industrial park, and the coordinated development with new energy vehicles is the inevitable choice of mainstream vehicle enterprises at this stage." Cui Dongshu pointed out that, especially in different use scenarios, fuel vehicles and electric vehicles have their own advantages and cannot be replaced equivalently in the short term

since April 1, China's manufacturing value-added tax has been reduced by 3 percentage points. In Cui Dongshu's view, this will be a major positive news for the car market, and the retail sales of passenger cars have improved in April. "At present, the prices of various industries in the manufacturing industry are relatively stable, and the official price reduction of imports and high-end cars is relatively fast, which is conducive to the improvement of the wait-and-see mentality of consumers and helps the continuous strengthening of high-end luxury cars."

Cui Dongshu also pointed out that the current improvement of financial conditions, the easing of the margin of Sino US trade frictions, and the expected rise in infrastructure investment are conducive to the improvement of the truck market. At the same time, the large and medium-sized bus market has also achieved substantial growth driven by the new energy subsidy policy. "Generally speaking, consumers' purchasing power is slowly released, so it takes time for the car market to get out of the cold winter. Although the import of extruders in Russia fell sharply in October, I believe that the favorable policies launched this year will moderately promote the recovery of the passenger car market."