"Hibernating" new energy vehicles need to refuel on the technical track
Industry Watch
Power failure of new energy vehicles is already an old problem. While capital is "crazy", it is necessary to improve the overall performance of new energy vehicles through self-developed new technologies, so that it is possible to overtake in corners.
Recently, Toyota's head Akio Toyoda has "shelled" over the hype of electric vehicles, saying that pure electric vehicles actually bring more pollution, because in some places, electricity is mainly supplied by burning coal and natural gas.
Although this view is somewhat one-sided, there are still concerns about new energy vehicles that are frequently favored by the capital market.
Recently, new energy vehicles in the winter have been hotly searched due to the drastic reduction in their cruising range. Many car owners said that their new energy vehicles would lose power in winter.
The power loss of new energy vehicles in winter is already an old problem, which is in sharp contrast to the soaring stock prices of new energy vehicle companies.
The market value of Toyota, which sells more than 10 million vehicles per year, is now only 214.967 billion US dollars, 1/3 of Tesla's. However, Tesla's annual sales are estimated to exceed 500,000 vehicles this year.
This will naturally make Toyoda very injured.
Nevertheless, the good days of new energy vehicles in the capital market may continue. This is actually due to the overall optimism of investment institutions in the field of new energy.
Longji shares recently announced that Li Chunan, a shareholder of the company holding more than 5% of the shares, and Hillhouse Capital signed a share transfer agreement, and Li Chunan intends to transfer his 6% of the company's shares to Hillhouse Capital.
Both parties of the transaction unanimously agreed that the transfer price per share for this transaction is 70 yuan, and the total transaction consideration is 15.841 billion yuan.
Longji shares provide global customers with high-efficiency monocrystalline solar power solutions, mainly engaged in the research and development, production and sales of monocrystalline silicon rods, wafers, cells and modules, the development of photovoltaic power plants and the provision of system solutions.
In addition to the large-scale investment in Longji shares, Hillhouse Capital also invested in new energy leading companies such as CATL, Enjie, Tongwei, Weilai Automobile, Xiaopeng Automobile, and Ideal Automobile in the new energy field.
This actually comes from two completely different sets of logics between the real economy and the capital market.
The real economy pays more attention to quarterly or current year data such as revenue, output, and sales, which is the embodiment of the current strength of the enterprise or industry.
The capital market pays more attention to the growth and development space of enterprises or industries.
The new energy vehicle industry is being pushed hard by countries including China. The favorable policies and the increasing speed of its development have caused the stock prices of traditional auto companies represented by Toyota to be far lower than those of new energy vehicle companies.
However, for the majority of new energy vehicle owners, "hibernating" new energy vehicles will obviously seriously damage their experience.
The winter mileage of new energy vehicles is shortened mainly because the ideal operating temperature of various power batteries is 25°C. For every temperature drop by 1°C, the battery capacity may decrease by ≤1‰; therefore, the battery life of new energy vehicles in winter will be significantly reduced.
Moreover, in colder climates such as the north, it is more difficult to charge new energy vehicles outdoors, which is why northern new energy vehicles choose indoor or basement charging.
In order to reduce the problems of short battery life of pure electric vehicles and power loss in winter and other climates, domestic independent brands usher in the development of hybrid power, which has the advantages of internal combustion engine and electric motor, which can effectively reduce energy consumption. Therefore, it is included in the "Energy Conservation and "New Energy Vehicle Technology Roadmap 2.0", in the future, my country's independent brands will compete with Japanese automakers such as Toyota and Honda around hybrid technology.
In the field of hybrid power, we must objectively see the technological gap between my country's related independent brands and Japanese companies. At present, Chinese car companies cannot reach the level of Toyota and Honda's strong hybrid technology, and mainly adopt plug-in hybrid models.
Some insiders commented that the plug-in hybrid mode is an enlarged and enlarged battery pack on the back of a fuel vehicle.
Whether it is pure electric or hybrid new energy vehicles, in the final analysis, it is the product of new technologies and new applications.
The winter "sleep" phenomenon points to the technical bottleneck encountered by existing new energy vehicles. Which car company can solve the problem through innovative research and development on this key technology may become a new feature in the field of new energy vehicles in the next decade. Sla.
And this also requires my country's new energy vehicle companies to make full use of the existing capital blessing, continue to refuel on the technical and quality "track", and improve the comprehensive performance of new energy vehicles through self-developed new technologies, so that it is possible to overtake in corners. , Instead of facing the fate of being eliminated.
□ Yuanshan (financial commentator)