In different opinion fields, the future of new energy vehicles is as obvious as ice and fire.
Byd Company Limited(002594) recently officially announced that fuel vehicles have been discontinued since March, and there is no fuel vehicles in the sales of passenger vehicles in that month. In the future, we will make every effort to develop new energy. The news then rushed to the top of the hot search list. At almost the same time, Tan Xuguang, chairman of Weichai group, said at the performance conference that there is disorderly capital expansion in new energy at present. “There will be a disastrous overcapacity in new energy vehicles, especially passenger vehicles”. The comparison of the two phases is quite eye-catching.
Byd Company Limited(002594) ‘s “enthusiasm is like fire” and Tan Xuguang’s “pouring cold water” seem to be in obvious contrast, but they actually have their own positions. For Byd Company Limited(002594) , the pure fuel vehicle business has become a chicken rib, and there is no power to fight in the medium and high-end fuel vehicle market for a long time. In that case, it is better to win the title of “the first company in the world” to give up the fuel vehicle business as soon as possible, which is more conducive to publicity. In fact, Byd Company Limited(002594) still has many hybrid models, and it is not completely objective to say that it completely gives up the internal combustion engine.
From the perspective of Weichai group, as an old car enterprise mainly engaged in diesel engines and commercial vehicles, although its business overseas, especially in Europe and America, is growing rapidly and its product export demand is very large, it is obvious that the Chinese market has encountered great challenges from new energy vehicles. Taking the field of commercial vehicles as an example, BAIC Foton’s new energy momentum is good, and Great Wall Motor Company Limited(601633) ‘s hydrogen fuel heavy truck is making rapid progress. Tan Xuguang’s speech accused new energy of “being eager for success” and “overcapacity”, which also confirms the great challenges it faces.
At present, overcapacity does exist in the new energy vehicle industry. During the two sessions this year, Wang Fengying, deputy to the National People’s Congress and President of Great Wall Motor Company Limited(601633) said that by the end of 2020, the total production capacity of Shanxi Guoxin Energy Corporation Limited(600617) vehicles had reached 26.69 million, and the market sales volume was only 1.367 million. If the planned projects of new energy vehicles in various regions are implemented during the 14th Five Year Plan period, the problem of overcapacity will be further exacerbated on the basis of the 13th five year plan. Recently, the Ministry of industry and information technology has repeatedly proposed that the number of new energy vehicle enterprises is too large and in a small and scattered situation, and encouraged enterprises to merge and restructure and become bigger and stronger.
However, the author believes that this situation can not prove that the new energy vehicle industry will face “catastrophic overcapacity”. In fact, the choice of Byd Company Limited(002594) and Tan Xuguang’s shelling are both one side of the current situation of the new energy vehicle industry. There is no contradiction between the surplus of the industry and the constant strength of the leading enterprises. On the whole, the new energy vehicle industry does have some problems such as overcapacity, but this is the only way to promote the upgrading of the industry and the law of the market. Because the white hot competition can effectively improve the efficiency of the industry and promote the rapid popularization of products.
Only after full competition can China’s new energy automobile industry produce world-class leading automobile enterprises. At present, the vigorous development of new energy vehicles in the future is the general trend, and the continuous increase of market share is predictable. The problem of overcapacity at the industry level is expected to be cleared out through integration and reorganization and other means in the future. In this process, the main problem that enterprises should consider is how to fit their own advantages and disadvantages, find the right positioning and seek development space, rather than paying too much attention to the industry level.
In fact, while “bombarding” the industry, Tan Xuguang also introduced in detail the latest actions of his own layout of the new energy industry chain to investors. According to his introduction, Weichai took the lead in the layout of the fuel cell industry chain, Weichai Power Co.Ltd(000338) successively invested in Siris in the UK, Ballard in Canada and odes in Germany to build a new energy power assembly integrating “Battery + motor + electronic control”. Obviously, Weichai Power Co.Ltd(000338) is not slow in this aspect Relevant report
Byd Company Limited(002594) to stop production of fuel vehicles Weichai Power Co.Ltd(000338) chairman warned new energy vehicles: “catastrophic overcapacity!”
Hot search first Byd Company Limited(002594) heavyweight announced: stop production of fuel vehicles! Netizens blew up The era of new energy vehicles has come completely?
