On March 10, Weilai was “re listed” in Hong Kong stocks, with an opening price of HK $160 / share. As of the closing of the day, it closed at HK $158.90 per share, becoming the third stock that broke on the first day of listing among the new forces of car making. The price of Xiaopeng’s shares listed in Hong Kong last year fell less than 165 hours, and Xiaopeng’s shares were listed in Hong Kong. According to the media, the top three new forces of car making all encountered the embarrassing situation of breaking when the Hong Kong stock market was “listed for the second time”, which is inevitable to be embarrassing.
According to the data of the passenger Federation, in February, the retail volume of new energy passenger vehicles was 272000, a year-on-year increase of 180.5%, which continued to maintain a strong performance, forming a strong contrast with the performance of traditional fuel vehicles. The overall retail penetration rate in China is 21.8%, of which the penetration rate of new energy vehicles among independent brands is 41.9%. Compared with 2021, the market penetration rate of Shanxi Guoxin Energy Corporation Limited(600617) passenger car retail volume is 14.8%.
From this, we can judge two points: first, the penetration rate of new energy vehicles is still increasing, which is driven by the demand of the market and the people. Under the dangerous oil supply situation, the trend of electric vehicles seems to be irreversible; Second, independent brand new energy vehicles have become the most important force. No matter Byd Company Limited(002594) , gac-e’an, Weilai, Xiaopeng, ideal and other brands in the second camp, they all soar on this runway. As for the break of listing, it can only be said that it is the result of excessive market expectation in the early stage and now returning to relatively rational judgment. It does not mean that the bubble is too big, the market is pessimistic and the capital needs to be retraced.
But it is not entirely right to say that new energy vehicles are not troubled. According to the notice on the financial subsidy policy for the promotion and application of new energy vehicles in 2022, in 2022, the subsidy standard for new energy vehicles will decline by 30% on the basis of 2021, and the subsidy for new energy vehicles will be officially withdrawn by the end of this year. This really makes the car factory and car dealer very nervous.
Today’s new energy vehicles are different from the situation that they were simply supported by subsidies a few years ago. The new energy vehicles that can still survive and develop in the market are basically brought up by hard work rather than blood transfusion. However, with or without subsidies, there will still be subtle changes in the hearts of the people. One is that it may seize the opportunity to buy quickly this year, forming an unprecedented buying boom. The second may lead to a rapid decline next year. If this year’s consumption is overdrawn next year, this is a “tragic” situation that all car manufacturers do not want to see.
During the two sessions, the proposal of Zeng Qinghong, chairman of GAC, may represent the good wishes of many auto enterprises. He suggested delaying the state subsidies for new energy vehicles for one to two years, simplifying the procedures for receiving subsidies in the early stage and alleviating the financial pressure of enterprises; It is suggested to adjust the strategic direction of the subsidy policy for the promotion and application of new energy vehicles, so as to achieve the purpose of “boosting consumption and encouraging construction”; Ensure the effective and sustainable development of the market after the complete cessation of subsidies.
It can be seen that in order to achieve sustainable development of new energy vehicles, it is not enough to simply buy on the market side. The national level needs to continue to support, plan and build. For example, the scale of charging stations should continue to expand, and they should not stop because there is no subsidy. As for the supply side, we also need to continue to carry out more research and development for making good cars, including batteries, chips, semiconductors and software. Only by co operating together can new energy vehicles avoid foam, build a strong social support system, and become the mainstream force of city traffic in the future.
