Media: subsidies on-board battery enterprises in China can you win

According to 'Japanese economic news' reported on February 11, the world's largest Chinese pure electric vehicles ( EV) Battery market, & other; Year 2020 problem & throughout; Are emerging. This is because the long-term support of pure electric vehicles industry in 2020, the Chinese government will cancel subsidies, expects China's battery enterprises will be eliminated, can survive is considered only ningde times new energy science and technology ( CATL） And some large enterprises such as byd.

it is reported that & other; China's recent ( Pure electric vehicle related) Policy shifted to eliminate low technical strength of enterprises. Must be in ( The 2020) Subsidy system cancel further enhance competitiveness & throughout; And a byd executives show a sense of crisis. Byd's share in the global automotive battery market came in third place.

according to the report, the Chinese government from around 2012 to foster on-board battery industry. Because the government spend more than the car battery industry huge subsidies of 1 trillion yen, gave birth to hundreds of battery enterprises in China. For example, each producing a pure electric car, the government issued more than 1 million yen ( About 6. 160000 yuan) Subsidies, the cost of battery enterprise construction of factory is mainly borne by the government. Benefit from the huge is byd.

however, even the byd to deal with after 2020 & other; Vanishing subsidies & throughout; 。 Without subsidies, single from the point of strength, the company is considered is still inferior to Japan's panasonic and south Korean companies.

impact also spread to other enterprises. In July 2018, shenzhen volt battery into production. Car battery in China market, the company's market share in 2017 in third place, but because of the reduced government subsidies, unable to stay in business.

it is reported that the subsidies to reduce the trend will not stop, Chinese manufacturers will face & other; Year 2020 problem & throughout; 。 The Chinese government has proposed subsidies policy in 2020, manufacturers of evolution is bound to happen.

reported that as part of a stimulus spending, the Chinese government on January 29th showed increasing subsidies policy for pure electric cars. But subsidies object only some models, on the whole to reduce subsidies in the direction of the future will not change. It is thought that Chinese battery enterprises will face more severe situation in the future.

according to the Chinese research company GGII statistics, China's automotive companies in 2017 to 135, 2018 to 90. Japan's mizuho bank international business department, director of the researcher soup into points out, estimates that ultimately survive only 20 or so.

reported that the era of ningde chairman yu-qun zeng gave staff sent out a letter to the typhoon is coming, the pig really can fly? 'Mail. Here the typhoon refers to subsidies. Even as a car battery giant era of ningde now also try very hard to get rid of the dependence on government subsidies growth model. The reason for this is not just a subsidy policy will be cancelled.

with subsidy policy to cancel, Chinese companies will have to be with powerful foreign companies such as panasonic, LG chem confrontation. China car battery enterprises will win? 2020 is approaching.