Miao Wei: The long-term development trend of new energy vehicles has not changed.

Major listed companies in the industry: BYD (002594), Geely Holding (00 175. HK), SAIC (600 104), Guangzhou Automobile Group (60 1238), BAIC Blue Valley (600733) and Changan Automobile (000625).

The core data of this paper: the output of new energy vehicles in China, the sales of new energy vehicles in China, and the proportion of different types of new energy vehicles in China by use.

Double the scale of new energy production and sales

In 2020, the sales of new energy vehicles in China accounted for 40.70% of the global sales of new energy vehicles, only 3. 1 percentage point less than that in Europe. In 2020, BYD, a local automobile manufacturer in China, sold 65,438+079,200 new energy vehicles worldwide, ranking third in the world. With the gradual development of new energy vehicle industry, private purchase of new energy vehicles began in China in 20 14, which also opened the first year of new energy vehicles in China. In 20 15, China entered the year of rapid growth of new energy automobile industry, and China also became the largest new energy automobile market in the world in this year. In 20021year, the output of new energy vehicles in China was 3.545 million, up by 159.5% year-on-year.

In terms of sales volume, in 202 1 year, the sales volume of new energy vehicles in China was 352 1 10,000 vehicles, up 157.6% year-on-year. For seven consecutive years, the sales volume ranked first in the world.

Pure electric vehicles account for 80% of the market.

According to the power system, the new energy vehicles in China are classified. Pure electric vehicles are the largest type of new energy vehicles in China. In 20021year, the output of pure electric vehicles accounted for 82.99% of the total output of new energy vehicles in China, and the sales volume accounted for 82.82% of the total sales volume of new energy vehicles in China.

According to the purpose, the production and sales of new energy passenger cars in 20021year accounted for about 95% of the total production and sales of automobiles in China, which is the largest type of new energy vehicles in China according to the purpose.

In China's "14th Five-Year Plan", it is clearly mentioned that we should focus on developing strategic emerging industries such as new energy vehicles, and implement future industrial incubation and acceleration plans in industrial organizations such as hydrogen energy. In June 2020165438+1October, the Development Plan of New Energy Automobile Industry (202 1-2035) issued by the General Office of the State Council defined the development goal of new energy vehicles in the future, and proposed that the average power consumption of newly-built pure electric passenger cars should be reduced to12 by 2025.

By 2035, pure electric vehicles will become the mainstream of newly sold vehicles, and vehicles in public areas will be fully electric. Judging from the current market situation and future policy direction, pure electric vehicles will occupy the mainstream position in the new energy vehicle market for a long time.

The above data refer to the Analysis Report on Market Foresight and Investment Strategic Planning of China New Energy Automobile Industry by Forward-looking Industry Research Institute.