Under the global carbon neutral consensus, the new energy vehicle track has long-term certainty. The global energy structure has gradually shifted from fossil energy to renewable energy. Under the background of conversion to green energy, new energy vehicles are of great significance to carbon reduction in the transportation industry and have a broad market space.
The Shanxi Guoxin Energy Corporation Limited(600617) car market is driven by consumption, and the boom continues to rise. In recent years, the Shanxi Guoxin Energy Corporation Limited(600617) car market has been driven by consumption, and the sales volume has repeatedly exceeded expectations. From January to November 2021, the cumulative sales volume of new energy vehicles was 2.99 million, with a year-on-year increase of 170%. The penetration rate from January to November was 12.7%. The continuous upward prosperity of the industry has brought high growth in the performance of relevant material enterprises. Driven by the rise of end consumption and the double credit policy, the new energy vehicle market is expected to continue to maintain high growth, with sales exceeding 5 million units in 2022.
The new energy vehicle market in China, the United States and Europe is expected to resonate in 2022. The European region has promoted the outbreak of the new energy vehicle market in recent two years through demand side subsidies and supply side fines, and most subsidy policies are expected to continue. Driven by factors such as double points and consumption driving, China is expected to continue to maintain high growth. The United States is expected to replicate the subsidy policies of China and Europe and start subsidies in 2022. Overall, the global new energy vehicle market is expected to resonate in 2022.
Investment suggestion: under the background of the global shift to green energy and China's implementation of carbon neutralization strategy, the long-term high growth certainty of new energy vehicle market is high. Global new energy vehicles are expected to form a resonance among China, the United States and Europe in 2022. The Shanxi Guoxin Energy Corporation Limited(600617) car market is expected to continue to maintain high growth under the rise of terminal consumption, and the industrial chain enterprises are expected to continue to benefit. In the direction of industrial chain, it is suggested to pay attention to the lithium battery industry chain and hybrid industry chain, as well as the sodium ion battery entering the early stage of industrialization. Key recommendations are Zhejiang Wanliyang Co.Ltd(002434) , Ningbo Shanshan Co.Ltd(600884) , Beijing Easpring Material Technology Co.Ltd(300073) , Eve Energy Co.Ltd(300014) , Contemporary Amperex Technology Co.Limited(300750) , Shenzhen Dynanonic Co.Ltd(300769) .
Risk factors: the covid-19 epidemic has caused the global production and sales of new energy vehicles to fall short of the expected risk; Price fluctuation risk of raw materials; Risk of technical route change; The release of production capacity leads to the risk of increased competition.
