[Commentary] At the beginning of 2020, the new crown pneumonia epidemic struck, and domestic auto companies suffered a bad start. A few days ago, the Chinese government introduced measures to boost car consumption.

　　【Explanation】 Data show that from January to February, China's new energy vehicle sales fell 63.8% and 59.5% year-on-year. On April 22, the Ministry of Finance of China issued an announcement: From January 1, 2021 to December 31, 2022, new energy vehicles purchased will be exempted from vehicle purchase tax. In addition, the Chinese government also made it clear that the new energy vehicle purchase subsidy policy that expires at the end of 2020 will be extended for two years. Some people in the industry believe that the extension of relevant policies is mainly based on considerations such as further increasing the proportion of new energy vehicles.

　　[Same period] Automobile industry analyst Zhang Xiang

　　In 2019, China's new energy vehicle sales fell for the first time in ten years. The reason for the decline is that the subsidies in 2019 have dropped sharply, and the rate of decline has reached 50%, resulting in the weakening of the competitiveness of new energy vehicles compared with fuel vehicles; the second reason Now the Chinese government plans to sell the entire new energy vehicle to 7 million by 2025, accounting for 25% of all vehicle sales.

　　[Explanation] Data show that in the whole year of 2019, China's new energy vehicle sales were 1.206 million units, which is still far from the annual sales target of 7 million units. The sudden new coronary pneumonia epidemic has not only restricted people's travel, but also curbed demand for car purchases. A number of new energy vehicle brands in Beijing told reporters that the stores have been slightly deserted since February.

　　[Same period] Zhang Miao, a salesperson of BAIC New Energy Vehicles

　　Our store is the end of the Spring Festival in February, and even if we started to resume work on February 10, like our employees in Beijing have already resumed work, there was basically no entry into the store at that time.

　　【Same period】 Changan New Energy Vehicle Sales Staff Su Hang

　　Compared with last year's words, Beijing can sell 70 or 80 units a month after the number is swayed, but now it is about one or twenty units, which has a great impact.

　　[Explanation] The subsidy and vehicle purchase tax exemption policies have given the auto market, especially car companies, a booster. Zhang Xiang believes that new energy vehicle purchase subsidies are conducive to the survival and development of small-capacity companies such as new carmakers.

　　[Same period] Automobile industry analyst Zhang Xiang

　　For example, last year, China ’s top ten companies in sales of new energy vehicles, especially the new forces in car manufacturing, had hundreds of sales a year. So few sales ca n’t achieve the economies of scale, which means that every A car is actually in a state of loss. This is a good piece. It is good news for most car manufacturers with new forces, and for car companies with relatively small production capacity and small scale.

　　[Commentary] Zhang Xiang also pointed out that with the support of favorable policies, domestic new energy vehicle companies need to practice internal skills and improve their own quality in order to expand sales.

　　[Same period] Automobile industry analyst Zhang Xiang

　　At present, many car companies generally have a car of about 400 kilometers, hoping to further extend the cruising range, which is similar to the level of an oil car; the second is to improve the safety of the product, because many domestic cars are spontaneous combustion, these incidents are more, it is further Improve product safety, so that consumers can rest assured to buy new energy vehicles.

　　[Explanation] Taking BYD as an example, under the impact of the new coronary pneumonia epidemic, people have put forward higher requirements for travel safety. BYD has responded to market needs and created an intelligent ecological cockpit system.

　　[Same period] Zhao Changjiang, general manager of BYD Auto Sales Co., Ltd.

　　Our entire system upgrades N95-level high-efficiency anti-virus filters. At the same time, we start cloud services. Cars can perform high-efficiency anti-virus and high-temperature sterilization functions in the cloud. With one key press, we can make our cars safe, smart, and healthy.

　　【Explanation】 In addition to subsidies and the extension of vehicle purchase tax exemption, the Chinese government will invest 10 billion yuan to build charging facilities in 2020. Such plans have also promoted consumers' attention to new energy vehicles.

　　[Same period] Consumers travel abroad

　　Now that the country has provided such vigorous support, it is also good for us. I no longer want to say that I may not find a pile when I go out, and it also affects my mood to travel.

　　[Same period] Guotong, general manager of Changan New Energy Strategic Marketing Department

　　It is believed that when a large number of charging piles are popularized, consumers' consumption of new energy vehicles will be more convenient. For this reason, Changan New Energy will launch a series of new products one after another to meet the needs of users.

　　[Explanation] Zhang Xiang said that China's new energy vehicle market sales greatly depend on government policies. In order to achieve the annual sales target of 7 million vehicles in 2025 and ensure new energy vehicle sales, the new subsidy policy is not expected to continue to decline.

　　Reporter Liu Chao from Beijing　　

Editor in charge: [Li Yuxin]