In 2020, new energy vehicle market will show a good development trend

November 14-16, "2019 China Automobile Circulation Industry Annual Conference and Exposition" was held in Xiamen. On November 16, at the "2019 China used car industry development forum", Cui Dongshu, secretary-general of the national passenger car market information joint meeting, delivered a speech. His main points are as follows:

1. At present, the purchasing power of ordinary consumers in the whole economic operation is in a serious downturn. Luxury cars are growing rapidly all the way, and their own brands are in a serious downturn, showing a huge contrast with joint-venture brands, and Japanese brands have performed better.

2. In 2020, the development of the whole new energy vehicle will present a good development trend. In the future, China's automobile has a huge growth opportunity, and the growth potential of China's automobile in the future is unlimited.

3. The huge pressure faced by the automobile industry is the impact of upstream and downstream and environmental protection pressure, showing the pressure of upstream enterprises squeezing downstream enterprises.

4. With the development of intelligent Internet connection and new energy, the car will become an indispensable intelligent partner for us, turn the car into our mobile space, everyone will have a private car, and the car culture will be further developed.

The following is the speech record of Cui Dongshu, Secretary General of the national passenger vehicle market information Federation (deleted):

It's a great pleasure to talk with you here today. I'd like to talk about the review of the automobile market in 2019 and the prospect of the automobile market in 2020. The downward pressure of the market in 2019 is great and has become a trend. Under this trend, let's see how terrible 2019 will be? What is the cause of the tragedy? Is the new energy vehicle worse? Will 2020 be better?

From last year's all the way down to this year's continuous downturn, the whole automobile consumption is in a very difficult state, and each sector presents a continuous difficult situation. The structural pressure of the whole automobile market is great, and the automobile industry has not made an effective supply for the whole industrial economic operation and GDP this year. The automobile industry is the core driving point of our transformation and upgrading, but now it presents a serious pressure on production and consumption.

With the declining trade surplus, the pressure of the whole emerging industry is relatively large, and our automobile industry is better. Our commercial vehicles have continued to grow at a high speed since 2016, especially represented by trucks. At present, the purchasing power of ordinary consumers in the whole economic operation is in a serious downturn. Luxury cars are growing rapidly all the way, and their own brands are in a serious downturn, showing a huge contrast with joint-venture brands, and Japanese brands have performed better.

The huge pressure that the automobile industry is facing is the impact of upstream and downstream and environmental protection pressure, showing the pressure that upstream enterprises squeeze downstream enterprises.

As the core driving point of China's transformation and upgrading, the new energy vehicle has a good driving point at present. Hybrid drive accounts for 50% of the world's share, and China's new energy vehicles account for 56% of the world's share.

Consumers must still want to buy a fuel car, so the new energy vehicles also have a staged wait-and-see situation. Our overall scale is particularly large, forming a very difficult situation for the industry. Independent brands are facing great pressure, forming a fully competitive situation of plug-in hybrid with Chinese characteristics.

There is little chance for special cars and buses. In 2017 and 2018, special purpose vehicles are in a downward state.

Our new energy vehicles have sales with subsidies, and sales without subsidies will stop. The reason is that the product technology is relatively backward and the market demand is not really up, so the real development depends on the development of passenger cars.

Looking forward to 2020, we will make greater efforts to open to the outside world. China's market has the largest scale and huge potential. At the same time, we need to further reduce tariff and institutional costs, especially tariff costs. As soon as the tariff is reduced, the tariff of spare parts will also be further reduced, which will bring further dividends to luxury cars and space for further development. For the whole industry, the decline of price system is still relatively difficult for development.

In 2019, the government work report clearly proposed "stable automobile consumption". Now, 2019 is even a little difficult. We believe that the pressure on the economy will continue to increase in 2020. But in 2020, the development of the whole new energy vehicle presents a relatively good development trend. In the future, China's automobile has a huge growth opportunity, and the growth potential of China's automobile in the future is unlimited.

With the development of intelligent Internet connection and new energy, car will become our indispensable intelligent partner, turn car into our mobile space, everyone will have a private car, and car culture will be further developed. The problem with this year's car market is that entry-level consumers are not able to buy enough. With the development of new energy vehicles, the problem of our energy vehicles has been solved. We should not forget our original intention to promote the rapid development of the automobile industry and automobile consumption.