[Energy vehicle production and sales qualifications are at the bottom: 15 cars are sold by only 6 companies] Suspension of the “Energy Permit†for new energy vehicles for more than half a year, recently broken up by prospective vehicles, and the approval of the Ministry of Industry and Information Technology has resulted in the mass production of new vehicles. Listing will be green light. However, the slow frequency of qualification issuance is still hanging on the neck of new energy vehicles, including new carmakers, who are eager for a large number of production and sales qualifications, just like the sword of Damocles on their heads.
"Some enterprises have obtained qualifications for new energy vehicles, but they do not have the strength to produce automobiles. Instead, they look for investment through 'qualification'. Many companies that have the ability to produce new energy vehicles do not have production qualifications. At the 2018 Smart Car International Symposium recently held, Li Shufu, chairman of Geely Holding Group, pointed out problems in the process of approval of new energy vehicle production qualifications, and also explained why the relevant ministries suspended their qualifications. Since May 22, 2017, the new energy vehicle production qualification approval gate has been closed for a full year, and the reasons behind it are divergent, but all of them cannot avoid the progress of the 15 new energy vehicle enterprises that have already obtained production qualifications. Disparity in accountability.
On the one hand, some companies that have obtained qualifications have not yet entered the market. Except for BAIC New Energy, JAC Volkswagen and Zhidou, other companies have not shown signs of becoming mainstream car makers in the market.
On the other hand, the newly-built automakers whose qualifications are almost "hungry", especially the ones with the fastest progress in product progress and the highest amount of financing, have yet to obtain qualifications. In order to seize the progress of new car listing, some new carmakers have even been forced to go back to production—seeking OEMs or acquiring qualified companies. It can be said that in the past two years, if the new construction vehicle forces that emerged in the past were still in the “PPT construction†stage, they did not receive production qualifications and it was reasonable. New manufacturing companies that have come to market have become helplessly discriminated against. With the vigorous development of new energy vehicles, how to get the right people to the right still needs to be broken.
Stop review of existing new energy capacity
From March 17, 2016, BAIC New Energy got its first qualification for new energy vehicles, and on May 22, 2017, Jianghuai Volkswagen won the last production qualification. In just 14 months, the Development and Reform Commission issued a total of 15 new products. Energy license. In the industry, it is generally believed that the 10 best new energy production qualifications are issued. With Lanzhou Zhidou winning the 11th license, the new car forces that are eager to apply for the new energy is eligible for a euphoria, and it is expedited to submit applications in order to take the initiative. However, this qualification door was closed after the 15th license by Jianghuai Volkswagen without official documents. There are still no signs of restart.
Why did the NDRC suspend the issuance of new energy production qualifications? This must begin with the original intention of issuing new energy licenses.
The National Development and Reform Commission issues new energy production qualifications. The purpose of this is to support a group of competitive high-quality enterprises and promote the rapid development of China's new energy automotive industry, which is the "catfish effect" to stir the domestic new energy automobile market. However, judging from the progress of the 15 new energy companies that have received their licenses, the introduction of the new energy companies is generally slow and their competitiveness is weak. They simply cannot play a leading role, not to mention the impact on the traditional car companies and the failure of the country. It is expected that “the current approval work is in a suspended state. The main reason is that before the national level, the approval rules for new energy vehicles were relatively relaxed, the approval speed was too fast, and the strength of the approved enterprises was uneven.†One source explained that the National Development and Reform Commission should also With this in mind, we have suspended the approval process since May 2017.
The 15 auto companies that have obtained new energy production qualifications are: BAIC New Energy, Changjiang Automobile, Future Automobile, Chery New Energy, Jiangsu Min'an, Wanxiang Group, Jiangling New Energy, Chongqing Jinkang, Guoneng New Energy, and Cloud. New Energy, Zhidou, Sudar, Hezhong, Luzhou Local Boats and Jianghuai VW. In accordance with the three major forces of traditional car companies, new construction vehicles, and automobile industry chain, there are five companies in the traditional car companies, namely BAIC New Energy, Chery New Energy, JAC VW, JMC New Energy, and Jinkang New Energy; There are more than 7 companies, including Future, Zhidou, Yundu New Energy, Henan Suida, Hezhong New Energy, Luzhou Local Boat, and Guoneng New Energy; the remaining Wanxiang Group, Changjiang Automobile, and Minan Automobile belong to the automotive industry. Chain forces.
Southern Metropolis Daily reporters found that the 15 new energy approving licenses were the “grandchildren†and the existing production capacity added up to 910,000 vehicles. According to incomplete statistics, there are more than 20 new companies entering the queue waiting for qualification approval. The production capacity is two or three times that of the 15 vehicle manufacturers. According to the "Energy-saving and New Energy Vehicle Industry Development Plan," China's new energy vehicle sales will reach 2 million by 2020, and the existing new energy production capacity has already exceeded the standard. The new energy makers are in urgent need of cooling, returning to rationality from fanaticism.
In fact, not all the 15 car companies that have obtained the qualifications of the National Development and Reform Commission can produce and sell new energy vehicles. They also need to pass the assessment of the Ministry of Industry and Information Technology and the products are listed in the “Announcement of Road Motor Vehicle Production Enterprises and Productsâ€, that is, the Ministry of Industry and Information Technology. The "production qualification" can only be listed on the market. Of the 15 automakers, only six were qualified by the Ministry of Industry and Information Technology, namely Yundu New Energy, BAIC New Energy, JMC New Energy, Lanzhou Zhidou, Changjiang Automobile, and Future Automobiles. This is due to the production base of many automakers. The construction is slow and there is no trace of production cars.
å°´å°¬ Only 15 car companies have car sales
According to a survey conducted by the reporters, today, more than a year after receiving the license, there are only six vehicles that are sold on the mass production model: Beiqi New Energy, Changjiang Automobile, Chery New Energy, Yundu New Energy, Jiangling New Energy, and Lanzhou Zhidou. Enterprises, in addition to promising cars, Jianghuai VW, Hezhong New Energy, and Luzhou Local Boats, four car companies plan to launch the first production model this year, while the other five car enterprises, in addition to Chongqing Jinkang said that the first product will be Outside of the market next year, Min'an, Wanxiang, Suida, and National Energy have no well-defined timetable for listing, and are often referred to as "zombie enterprises."
Among the six car companies that have products under sale, BAIC New Energy, Chery New Energy, and JMC New Energy all come from traditional car companies. Among them, BAIC New Energy has long been a leader in the industry, and its most important event at present is not the product or sales, but the listing. In fact, when BAIC New Energy was founded in 2009, it was planned by BAIC Group to operate as an independent listed company in the future, and even began preparations for listing in 2014. On April 27 this year, BAIC New Energy and Chengdu Qianfeng Electronics Co., Ltd. (SST striker)'s related transaction program was approved, which means BAIC New Energy, the domestic new energy giant, finally landed on A shares. Xu Heyi, chairman of Beijing Automotive Group Corporation, made clear the timetable for the listing of BAIC New Energy in the current Beijing Auto Show—the third quarter of 2018.
According to public statistics, the annual sales of BAIC New Energy reached 103,000 units last year, ranking second in the domestic new energy auto market after BYD. Relying on the development platform and technology of traditional car companies, Chery New Energy and JMC New Energy also both ranked in the top ten in the new energy sales list last year, of which Chery sold 36,800 new energy vehicles and Jiangling sold 30,000 cars. , ranked sixth and seventh.
Among the top ten car companies in the ranking of new energy vehicle sales last year, four car companies obtained new energy production qualifications. In addition to the above-mentioned Beiqi New Energy, Chery New Energy and JMC New Energy, the other is the new energy in the past two years. The market shines with the knowing beans. Lanzhou Zhidou has already listed H1, D1, D2, D3 and other models. It has achieved sales of 42500 vehicles in 2017, ranking ahead of Chery New Energy and JMC New Energy. It ranked fourth in last year's ranking, only For BYD, BAIC New Energy and SAIC Passenger Vehicles. Founded in 2015, Zhidou Electric Vehicle Co., Ltd. has a valuation of more than US$1.2 billion in 2017. Currently, it has sold more than 100,000 units, occupying more than 10% of the market share of new energy passenger vehicles, and 13% of pure electric passenger vehicles. Market share, footprint in Italy, France, Germany and other nearly 20 countries. In this year's "2017 China Unicorn Enterprise Development Report" jointly issued by the Beijing Great Wall Enterprise Strategy Research Institute, the Ministry of Science and Technology, and Zhongguancun, Chizu was unveiled as Ningbo's first "unicorn" enterprise and its future development prospects Very optimistic.
Yundu New Energy quickly launched its first mass-produced electric vehicle π1 last year, and quickly launched π3 in March this year. It also announced the world premiere of A+ pure electric SUV π7 at the just-concluded Beijing auto show. It is said that this car will be available for sale next year. , will have L3 level automatic driving ability.
Changjiang Automobile, involved in both the automotive and commercial areas, also participated in the Beijing Auto Show just concluded and brought 9 products, including 3 passenger cars and 6 new pure electric logistics vehicles. It is understood that Changjiang Automobile is based on the advantages of the parent company Hong Kong Wulong Electric Vehicle Group in battery materials, battery production, passenger car/commercial vehicle/passenger production, and automobile design. It currently has R&D centers in Beijing and Shanghai. Tianjin and Liaoning have established automotive power battery production bases, established battery material production bases in Chongqing, established vehicle production bases in China, Kunming and Guizhou, and even have overseas production bases in the United States, with an annual production capacity of 100,000 vehicles. Among the 15 qualified automakers, ranked first with JAC Volkswagen.
Zombie Enterprise has not built its factory for 8 years after obtaining “qualificationâ€
15 "qualified car companies" did not play the role of carp
It can be seen that the progress of 15 new energy vehicle enterprises approved by the National Development and Reform Commission has been uneven and their competitiveness is relatively weak. They have not played the role of squid. The development of new energy industries is mainly driven by traditional car companies, rather than these new ones. face. The closing of the production qualification gate has also caused anxiety for the traditional car companies including GAC New Energy and Geely, as well as new car powers such as Xiaopeng Automobile, Weilai Automobile and Wei Ma Automobile. There is still no specific time for the re-issuance of the “Energy Permit Card†for new energy. The NDRC responded to the recommendations of the National People's Congress, GAC Party Committee Secretary and Chairman Zeng Qinghong’s “please restart the approval of new energy vehicles as soon as possible†during the two sessions this year. It was mentioned that the investment in new energy vehicles is currently being regulated and normalized, and the "Management Regulations for Newly-built Pure Electric Passenger Cars" is being revised. It will be handled as soon as possible after it is reissued, and substantive progress has not yet been announced in both of these tasks. This has also resulted in When to resume the examination and approval of new energy production qualification becomes a mystery.
Of the 15 companies that have already obtained a license, in contrast to the six car-in-car sales companies mentioned above, the timetables for the release of Min'an, Wanxiang, Suida, and National Energy's new energy production models have not been released. The production base is still under construction. In addition, Future Cars, Jianghuai VW, Hezhong New Energy and Luzhou Local Boats plans to introduce the first production models this year. Chongqing Jinkang has said that the first products will be launched in the market next year.
Min'an New Energy Automobile
The factory has not yet been put into use
It is understood that Min'an New Energy Automobile passed the examination and approval of the National Development and Reform Commission in November 2016, but it has not yet obtained the production qualification of the Ministry of Industry and Information Technology. The main reason is that the factory has not yet been put into production. According to Huai'an City, Jiangsu Province, Min'an New Energy Automobile Production Base has just been capped at the end of April this year. The workshops and facilities will be put into full operation early next year, and at least 50,000 electric passenger cars can be produced annually. Its first production vehicle A2001 has entered the data freeze stage and is about to enter the manufacturing and production process.
Wanxiang Group
After the debut of the first hybrid sports car, there is no "follow-up"
18 years ago, Wanxiang Group, a veteran auto parts company that started the “new energy dreamâ€, set up Wanxiang Electric Vehicle Co., Ltd. in 2012, and then began frequent overseas mergers and acquisitions by acquiring the largest new energy battery in the United States. The manufacturer A123 company-level American new energy car company Fisco has established a relatively complete electric vehicle industry chain. In September 2016, Revero, the first sports car of Wanxiang Group, was unveiled and tested on the road. It was originally planned to be introduced to China in 2017. However, following the death of Chairman Lu Guanqiu in October 2017, no follow-up news has been released.
National Energy New Energy
The first model will be released in June this year
In January 2017, it won the National Energy New Energy of the NDRC. The last public appearance was in the 2018 Inaugural Tianjin New Energy Auto Show last month, with the latest brand NEVS unveiled. Nandu reporter visited the booth of the company's new energy booth at the Asia CES exhibition last year. It was learned that at that time, the national power company released two concept cars NEVS9-3 and 9-3X. In December of the same year, the national power Tianjin factory officially started production. According to this report, It is planned that the first model will be rolled out in June this year. It is worth noting that due to the fact that the National Authority has not been able to obtain the Ministry of Industry and the Ministry of Industry's new energy vehicle production qualifications, there have been reports of the “breaking up†with Didi. However, DDT joined 31 auto industry chain companies and jointly initiated the establishment of a “torrent alliance†for sharing, intelligence, and new energy. Nandu reporters learned from the founding ceremony that Guoneng was on the list, “breaking up.†Rumors do not break. Although this matter was confirmed as a rumor, it also reflected to a certain extent that the car companies that failed to pass the announcement of the Ministry of Industry and Information Technology had a great uncertainty. The founder of National Energy New Energy is a Chinese of Swedish ethnic group Jiang Dalong. In 2012, he acquired the Swedish brand Saab, which was a declining car brand. He transformed himself into a car builder and frequently appeared in major exhibitions.
Henan Suida
Has not announced the entire vehicle plan
At the 2018 China Electric Vehicle Centennial Conference Forum at the beginning of this year, Lin Nianxiu, deputy director of the National Development and Reform Commission, publicly stated that he would “open up new energy vehicle companies’ cleanup regulations and revise the Regulations on the Management of Newly Built Pure Electric Passenger Vehicles†to further improve "New Energy Vehicle Investment Project Management" was interpreted as the regulation and clean-up of companies that have obtained new energy production qualifications, avoiding "zombie enterprises" and "comprising engulfing pits" and realizing the industrial structure and layout. Optimization.
Referring to "zombie enterprises", the most typical representative is Henan Sudar. In 2016, SuperSpeed ​​was reported by a report that there was tension in the capital chain and alleged illegal fundraising. It was then stamped with the hat of a “zombie enterpriseâ€. In March 2017, it came to an eel and turned into a 12th independent new electric vehicle. Qualified companies have once attracted controversy. In the year of 2017, Southern Weekend reported that it had built a factory from the prototype to the factory in Nadi. In the past seven and a half years, it still hasn't built a factory. The product has only a prototype. As of now, SuperSpeed ​​has not announced the entire vehicle plan. Li Shufu, the chairman of Geely Holding Group, was bombarded with "having obtained the qualification for new energy vehicles, but he did not have the strength to produce automobiles. Instead, he used the 'qualification' to find investment companies everywhere. There may be Henan Suida.
Future Cars, JAC Volkswagen, Hezhong New Energy, Land Local Boats, Chongqing Jinkang
The first production model will be launched this year and next year
Future cars, Jianghuai VW, Hexin New Energy, Luzhou Local Boats, and Chongqing Jinkang are all preparing to launch the first production models in the next two years. The company was founded in 2015. It has pioneered the introduction of a pure electric super run in all domestic new car manufacturers and brought three major platform models to the 2018 Beijing International Auto Show. The future of the K50 is expected to be listed in the middle of this year.
JAC Volkswagen released a new brand of SOL last month and released the first electric car E20X at the Beijing Auto Show. This car will be available in the second half of this year. JAC Volkswagen has become a mainstream force in the market with little suspense. Local landcrafts of low-speed electric vehicles originated from low-speed electric vehicles such as Yu Jie, Fu Lu, and Shi Feng because of their popularity. In May 2017, when they got the qualifications of the National Development and Reform Commission, they had heated discussions. At present, Guangdong Luzhou Zhoushan Foshan Base is expected to be fully completed in the middle of this year. According to previous plans, the first pure electric passenger car will be available at the end of this year. Hezhong New Energy Production Base will be completed and put into operation in June this year. The first mass production car is expected to be listed in the third quarter of this year. Currently, the vehicle is in the intensive road test phase, and the second production car is planned to be launched by the end of 2019. Jinkang New Energy, backed by Xiaokang’s shares, released smart electric SUVSF5 and SF7 in the United States on March 29, 2018, and announced that SF5 will be pre-sold in the United States by the end of the year. The first smart electric car is expected to be listed in the first quarter of next year. There will be 4 Jinkang smart electric vehicles on the market in 3 years. In terms of production capacity, Jinkang intelligent chemical plant is expected to be completed by the end of the year and put into trial production.
Industry gathering
Newly-built car companies are looking for ways to “send productionâ€
In the current mainstream of new car-building forces, we have obtained qualifications for new energy vehicles. Strictly speaking, there are only two automotive companies, Yundu Automobile and Future Automobile. Yundu Automobile has not even completed Series A financing. However, as mentioned above, its new car has already been listed on the market. Considering its background and taking the fast track of mass production, it is also reasonable.
As for the future of the car, although it had previously been questioned that the new car had not been listed yet, its parent company, Great Wall Huaguan, began to cooperate with car companies as early as 2003. Over the years, it has provided design and engineering for over a hundred domestic or joint venture models. As early as in 2007, Great Wall Huaguan participated in the electric transformation project of traditional car companies such as Saab, Beijing Automotive, and Changfeng. In 2010, Great Wall Huaguan also established the Future Electric Vehicle Technology Department and accumulated pure electric power. The three core technologies of the car. It is reported that its factory in Suzhou has basically been capped, and it is expected to be officially mass-produced during the year.
However, for most unqualified new-build companies, standing on the appearance of the product and making a public appearance on the market, the “progress bar†of the competition and the first to stand firm on the market are the top priorities, but they are qualified as the production of Life Gate. Suspending the issuance is a big news loss for them. To this end, many car companies have sought to achieve smooth production through alternative approaches.
Wei Lai and Xiao Peng choose the OEM model for mass production
Taking Weilai and Xiaopeng vehicles as examples, they first took the lead in volume production through the OEM mode. As there is no qualification and the self-built factory has not yet been put into production, Weilai first cooperated with Jianghuai, and the ES8, an earlier production vehicle, was actually produced by “Jianghuai Weilaiâ€. However, the accompanying OEM questioning has not been eliminated. Li Bin also repeatedly questioned the outside world. “We are a brand new world-class factory in Hefei. All the processes, processes, and training are done according to the highest standards. We also have a strong team as support. There are no shortage of industry top talents. The former BMW Vice President and the former Vice President Volvo escort the quality of Weilai Automobile, he told the media during the Beijing Auto Show. As for Xiaopeng, its factory in Zhaoqing, Guangdong Province is still under construction. There is no qualified Xiaopeng, and the pre-products will be manufactured through the Haima Motor.
“Now everyone can test drive the car, is produced in the second factory in Zhengzhou, the hippocampus, we will invest together to build the third factory of the seahorse, completely for the electric car to design, all the equipment is new, and now it is entering Commissioning stage.†Xiaopeng’s Chairman He Xiaopeng also emphasized that OEMs will not affect product quality. Similarly, during the Beijing Auto Show, SVD announced that it had reached a cooperation with BAIC. The two parties will cooperate in the development of smart car technology, charging and replacing of electricity facilities, distribution networks, and sharing of manufacturing resources. Shen Hai, Founder and CEO of Singular Point Automotive Said that the problem of production qualification has also been solved.
Weima Automobile obtains production qualification through acquisition
The Weima Motors, which scoffed at the OEM model, acquired production qualifications by acquiring old car manufacturers. Lu Bin, co-founder and vice president of strategic planning at Weimar Automobile, told media including Southern Reporters in December last year that Weimar had reserves of production qualifications and applied for qualifications on the other, “15 We delivered samples to every place on time and also tested by testing agencies. Every method was done to ensure that we can produce smoothly."
Due to the suspension of qualifications, the reserve qualification through acquisition is obviously faster than the application itself. Shortly after January 15th, 2018, the Ministry of Industry and Information Technology released the “announcement of road motor vehicle manufacturing enterprises and products†(No. 304 batch), the proposed change in the column of enterprise access information showed that Zhongshun Automobile Holdings Co., Ltd. changed to Weimar. Automobile Manufacturing Co., Ltd. Wenzhou, the former has a full range of production qualifications.
Not long ago, after Weimar announced the price, Lu Bin once again told Southern Reporters that Weimar has already possessed production qualifications. “The product catalogue is also on the way. This requires a process. On a specific day, it is not under our control, but it is believed that it will be soon. "Lu Bin said that after the Weimar EX5 enters the catalog, more product data will be updated and made public.
Thanks to a series of “curves to save the country†operation, Xiaopeng, Weilai and Weima represented the head of new car manufacturers, but also successfully ushered in a new car booking, is expected to officially deliver new cars to consumers during the year.
Industry outlook
New energy vehicle production qualification linked to mass production quality
The “Regulations on the Management of Newly Built Electric Passenger Cars†stipulates that in order to obtain production qualifications, it is necessary to have at least 15 prototypes and comply with the relevant technical requirements, including the company’s profile, the trial production capacity of pure electric vehicles, and Electrical systems, etc., must pass rigorous evaluation and material proof in order to obtain production qualifications. After the approval of the National Development and Reform Commission, it only stated that the company’s vehicle makers had obtained approval and could not enter the market. The new vehicle manufacturers must also pass the “Entry Approval Requirements for New Energy Vehicle Manufacturers†issued by the Ministry of Industry and Information Technology to meet the requirements of a series of production enterprises and enter the Ministry of Industry and Information Technology products. Catalogues, and announcements, certifications, etc., in order to make new cars available for sale.
The issuance of licenses is still suspended, but it does not prevent new car manufacturers from applying for qualifications. Nandu reporter learned that not only Weimar and Xiaopeng, but also the current mainstream new car manufacturers, have expressed their qualifications on different occasions, and their attitude is very positive. They also expressed that they will continue to use high-quality production vehicles.†Moved the relevant department.
"True use of production cars for applications"
After admitting an interview with Southern Metropolis reporters on the eve of the Beijing auto show, Baiteng co-founder Dai Lei disclosed some “secrets†for the qualification application. Although Baiteng only displayed the concept car, its mass production trial car had already been submitted to relevant departments. Review. “We are still advancing our own application for a license, and we have already done a lot of work, including close communication with the NDRC and the Ministry of Industry and Information Technology,†said Dai Lei. In fact, compared to the new carmakers listed in the new car market during the year, it is expected that Baiteng, which will only be listed on the new car at the end of 2019, is not the most pressing one in the qualification application. Dai Lei said he hopes that the application can be completed as planned. "Now we The trial production workshop has been completed in Nanjing, and we will really use the production car to apply for it.†Although Baiteng has focused on promoting its own application for a license. But this does not mean that Baiteng will only "sit down and wait and see what happens." Also on the eve of the Beijing Auto Show, FAW and Baiteng signed an investment cooperation agreement. This move is also considered by outsiders as a sign that Baineng has obtained funding and supply chain support from FAW, even It is through the production of FAW to obtain production qualifications, but Dai Lei said that the current cooperation has just started. "The cooperation between the two sides is very big." In a number of recent interviews, including Dai Lei, He Xiaopeng, and the founder of Wima Motors Shen Hui, they all expressed similar views, that is, whether they have obtained qualifications, they must first rely on mass production, and high-quality production vehicles will later It will also pave the way for the qualification “green lightâ€.
Qualitatively, the moratorium is still on the way, so that the newly built car forces are still struggling. In the meantime, Ranger vehicles that received Rmb5bn in rounds of financing have not even hindered the construction of the factory, even if they did not obtain qualifications and did not seek replacement. The progress of the pioneer troops.
Because, in accordance with relevant state policies and regulations, enterprises approved by the National Development and Reform Commission must start construction within two years and sell within three years. Therefore, new energy vehicle enterprises that have obtained production access qualifications must be large-scale from 2019 to 2020. Mass production, listing, and still applying for qualification of new car forces, but also need to take precautions.
Industry sources pointed out that it was the companies that had previously issued qualifications to some products that were slow to advance and production was difficult. The relevant state departments were required to re-examine the issuance of qualifications, strictly inspect the production capacity of new energy vehicles, and temporarily caused some funds to be sufficient. The car companies with relatively strong strength reserves have so far not been able to obtain "grant licenses."
From the perspective of financing
New carmakers gain qualification or advantage
According to the “Energy-saving and New Energy Vehicle Technology Roadmap†issued by China in the second half of 2016, by 2020, new energy vehicles will account for 7% of the total sales of automobiles. According to China’s annual production and sales volume of 30 million vehicles, 2 million The sales of new energy vehicles will be the target of the time. However, the sales of new energy vehicles currently mainly come from traditional manufacturers such as BAIC, BYD, and Geely. The production capacity planning of new vehicle builders is also far exceeding the forecasted market demand.
For the new carmakers who are applying for qualifications, adequate funding to maintain R&D and production is the first difficult problem. When He Xiaopeng accepted an interview with the Southern Metropolis Daily reporters, he also said that the car makers even needed a reserve of 30 billion yuan. According to Shen Hui, the qualified line for forming the scale effect of the new car is 100,000 vehicles. Therefore, from the perspective of financing, the new energy giants such as BAIC New Energy, JAC Volkswagen, which have already obtained qualifications, and new construction vehicle forces, Weilai, Xiaopeng, Weima, Ranger, Baiteng, and Singularity Automobile, are currently integrated. With regard to the amount of financing, partners, and progress of building a car, the current progress in product promotion is also relatively smooth. Perhaps there will be certain advantages in obtaining qualifications and mass production in the future.
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