The development of new energy vehicles, opportunities and challenges coexist

Mondo Cars Updated on 2024-02-13

2024 Chinese New Year outlook

Since 2014, the state has implemented a purchase tax exemption policy for new energy vehicles, and so far it has been extended for the fourth time. In the third round of extension, the Ministry of Industry and Information Technology, the State Administration of Taxation, the Ministry of Finance and other relevant departments have set a reduction and exemption amount for the purchase tax reduction and exemption of new energy vehicles. That is, an upper limit is set for users to choose to buy new energy vehicles, and consumers need to bear a part of the purchase tax if they exceed the upper limit, and the previous full reduction and exemption provisions have been cancelled.

The sales of new energy vehicles are showing fierce competition, and various car manufacturers continue to fight the best battles to attract consumers to buy cars and expand sales.

This kind of competition will promote the technological innovation and upgrading of new energy vehicles and improve the market orientation.

At present, the opportunities of the new energy vehicle industry mainly come from the guidance and support of national policies, as for the popularization of Chinese automobiles, the annual sales volume has increased significantly.

Nowadays, the electrification and intelligence of the automobile industry coexist and promote each other, forming a new business format.

What are the challenges faced by new energy vehicles? First of all, the environmental protection of new energy vehicle batteries, the disposal of scrapped batteries, and the layout and investment of charging piles are all one of the challenges faced by new energy vehicle companies.

Developing new business models is one of the innovations that NEV companies should pay attention to, such as electric vehicle rental services.

Technological innovation is one of the important driving forces for the development of the new energy vehicle industry, and the harsh winter of 2023 will test the battery of new energy vehicles. This will lead to the demand for innovation in battery technology, motor technology, charging technology and other aspects.

Reducing production costs is the key to the development of the new energy vehicle industry, and the cost of producing new energy vehicles is generally higher than that of traditional fuel vehicles, which is a major challenge for car companies.

The state's preferential policies for new energy vehicle companies cannot last forever, and new energy vehicle companies should seize this opportunity to practice their internal skills and gather a strong driving force for development. Once the state cancels the preferential policies, this opportunity is gone, and then new energy vehicle companies will continue to develop by their own internal strength.

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