With the rapid growth of new energy vehicle sales and the continuous stimulation of relevant guiding policies, the new energy automobile industry is increasingly recognized by investors, and new energy vehicle manufacturers are also increasing.
Clearly and strictly controlling the production capacity and investment scope of new traditional fuel vehicles is in line with deepening investment management and adapting to the current policy requirements for opening up new situations. Even if the foreign-funded ratio of commercial vehicles is removed in 2020, the elimination of the foreign-funded ratio of passenger vehicles in 2022 and the elimination of the restrictions of the two joint ventures can effectively control the production capacity of traditional fuel vehicles.
Competition "close encounters"
In fact, the increasingly perfect industrial policies are closely related to the rapid development of China's new energy auto industry. As the new energy automobile industry matures and the investment threshold for new energy projects increases, the competitive pressure of new energy vehicle manufacturers is also increasing.
Affected by many factors such as the future development of the automobile industry, the reform of the national energy supply structure, and the environmental protection needs of the city, the new energy automobile industry has become an important part of China's automobile industry. According to the relevant plan in the Medium and Long-term Development Plan of the Automobile Industry, the annual production and sales volume of new energy vehicles in China will reach 2 million in 2020, and in 2025, it will account for more than 20% of automobile production and sales.