For the new energy automobile industry, the 12th Five-Year Industrial Plan for New Energy Vehicles has always been the cause of disrupting its market performance. As of now, there are no signs of the "Plan". The reason is that the current differences in power routes, battery technology routes and operating models are the main reasons leading to the difficult production of the Plan. Since the choice of battery technology route and operation mode are closely related to the choice of power route, the choice of power route, that is, the order of time and importance of hybrid and pure electric vehicle development is the main crux.

At present, due to the influence of the "curve overtaking" approach, the policy orientation is obviously inclined to pure electric vehicles, resulting in the development of more mature hybrid vehicles lags behind pure electric vehicles. However, due to the current technical situation and market acceptance, it is an unavoidable objective fact that pure electric vehicles in the short and medium term are difficult to form a large-scale industry. This will lead to a period of vacuum in the products and industries of new energy vehicles in the future. In addition, the car's carbon emission majors should make due contributions to emission reductions when the emission reduction task is heavier. From the perspective of international car companies with more mature hybrid products, the lower domestic production costs and broad market will be beneficial to attract them into the domestic market. As foreign brand products continue to mature and costs continue to decline, the domestic barrier to the formation of mixed low subsidies is declining and will eventually disappear completely. Adjusting the policy and actively developing domestic hybrid vehicles will be a way out to cope with the current embarrassing situation.

We expect that the domestic new energy auto industry policy adjustment will be more likely in the future, and the position of hybrid vehicles in the industrial development will be repositioned. If the industry policy changes, the subsequent supporting policies will directly or indirectly support the hybrid vehicle from the aspects of car subsidies, tax discounts, etc. The long-repressed domestic hybrid vehicle market is expected to open.

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