[Whether China's new energy automobile industry can withstand the test of trade war? It has been a while since the United States announced its trade sanctions against China. ZTE, which bears the brunt of the crisis, has faced a crisis of shock. So, is China's booming new energy vehicles able to stand the test of trade war?
Although this time the United States has imposed comprehensive sanctions on China's aviation, automobile, high-end electronic components, machinery, and other important areas, especially for ZTE's sanctions, the will from the country also shows China’s determination. The Ministry of Commerce immediately announced: Battle, to accompany the end!
Analysis, the impact of the trade war on China, there are two points are very critical, one is the core technology, but the market. At present, domestic independent auto companies in the Beijing Automotive, Chang'an, BYD, Geely and other companies are relatively new to the development of the development of new energy vehicles, of which BYD is the best development. Take BYD as an example to analyze the competitiveness of domestic new energy vehicles.
Mastering core technologies without fear of trade war
According to reports, BYD’s revenue in 17 years was approximately RMB 50 billion, of which new energy vehicle revenue was RMB 30 billion, which was a year-on-year increase of approximately 13%, and the proportion of its total revenue further increased to 38%.
BYD has always adhered to the development concept of "technology is king and innovation is the foundation". With its R&D strength and innovative development model, BYD has achieved comprehensive development and has been developing in batteries, electronics, passenger cars, commercial vehicles and rail transit. Play a pivotal role.
In the automotive field, BYD has mastered the core technologies of new energy vehicles, such as batteries, motors, and electronic controls, with strong technical R&D and innovative capabilities. In terms of technology, our country's new energy vehicles are not restricted by the United States and other countries.
The market side can be self-sufficient in the United States and suffer heavy losses
From the perspective of exports, BYD's electric vehicles exported to the United States are mainly divided into commercial electric buses and passenger cars. However, exports are smaller than the list, after all, the domestic market is the main body of consumption. Trump’s increase in tariffs has a relatively large impact on the export of electric vehicles. The most injured car brands in this trade war should be Tras and Lincoln. The two companies have no corresponding joint ventures in China. The share of exports to the Chinese market is huge for them, followed by Ford. After all, Ford has a relatively small impact on joint ventures, but the US Department of Vehicles can not escape this trade war.
Tesla sold 100,000 electric vehicles last year, of which 20,000 were exported to China, and billions of sales were expected to shrink this year. Tesla has also built thousands of charging stations in China, costing 2 billion. If the trade war continues to heat up, China will increase the tariff on imported cars from the United States, which is catastrophic for them.
For domestic cars, this trade war may be an opportunity for development. Japanese German cars will also be the beneficiaries of this trade war.
In the future, new energy vehicles will be the mainstream of development. Some countries in Europe and the United States have announced that they will stop production of petroleum vehicles in the coming decades. Our country will certainly follow the discontinuation of oil trucks. Although it is behind the developed countries in terms of engine technology, we believe that in the near future we will be able to realize overtaking on new energy vehicles.
Comments: The technical blockade of China by European countries and the United States over the years is to curb the rise of China. The United States launched a trade war is nothing more than that the rise of China has affected the dominance of the United States, launched a trade war to stop our 'Made in China 2025' plan, and sanctioning ZTE is also slowing the pace of China’s leadership in the 5G era. However, all this is futile. In the field of new energy vehicles, China is not afraid of challenges.
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