Can you survive an Apocalypse electric car? - AFTER / DRIVE
In China, the hybrid to beat electric cars for now, BYD said the chief.
BEIJING Caixin Online since late last year, the Chinese government issued a series of policies to encourage the development of new energy vehicles, strengthen market confidence for the sector.
About Caixin Caixin is a group of media based in Beijing, dedicated to providing high quality financial news and business authoritative and periodicals, online and TV video programs Caixin Get the newsletter.
Many analysts say the industry is about to boom, putting national leader BYD Auto Co 1211 002 594 11 -0, 24 BYDDF 0, 0 34 investors under the spotlight during the past year, BYD's share price on scholarships Shenzhen and Hong Kong has increased nearly 100.
In December, BYD launched a new plug-in hybrid model called Qin During the first half of the year, 6,600 cars were sold in the country, corresponding to the total electric-car sales of the automaker in the BYD last five years has also received more orders for its electric buses Chuanfu Wang, general manager of BYD, said its sales of electronic bus business is expected to reach 10 billion yuan in January 63 billion this year.
BYD's production capacity will be a meeting of evil this growing demand for its automatic battery production lines running at full capacity, so the company plans to open a new plant in Shenzhen this year.
But this is not good news for UBS Securities BYD A recent report indicates that the rapid growth of new energy auto market will not offset the decline in BYD traditional business self Because electric cars do not become popular on the Chinese market in the short term, heavy investment BYD will harm future growth, the report said.
Indeed, the company sold only 3445 units of its popular Surui model in July, down from more than 10,000 in December.
However, Wang said he has confidence in the new energy automobile market offers enough opportunities for his company in an exclusive interview with Caixin, Wang said BYD strategy for new energy cars and expectations for extracts from the market of its monitoring of the interview.
Caixin Tesla TSLA, January 29 Elon Musk believes that pure electric cars are the future you also were a fan of electric cars in the past, but you have recently made some adjustments appear Can you talk about.
Wang Chuanfu BYD promotes pure electric buses for public transport, but the plug-in hybrid vehicles for private use, they do not count too much on the charging stations is a mistake to use hybrid vehicles public transport plug-in hybrid model is designed to take account of purely electric cars unable to drive long distances on buses towns not need to travel long distances.
Most passenger cars to 40 kilometers less than 25 miles each day model Our Qin can run 70 kilometers on electric power and switch to fuel for longer distances This design meets the demands of urban and been accepted by the public.
It is impossible for the government to build as many stations as the feed gas stations What it can do is to build charging stations for quite a distance and gradually expand nationally the coverage of hybrids corresponds to the transition period in the future, the plug-in hybrid cars are 70 new private energy vehicles, while pure electric cars take the other 30 small batteries with energy storage for use in car will not be available for about 30 years.
There is much interest in the game Oil and many traditional industries oppose the development of electric cars, because it is an evolution of the traditional automotive industry in China, the lack of charging facilities also hinders development electric cars, adding to the public's concerns.
Thus, the plug-in hybrid cars are a compromise product in the current circumstances, it is likely to become the mainstream product in the next 20 years in their product plan for the next five years, Volkswagen VW-1 and 75 BMW - 0 01 times placed more emphasis on hybrid cars than pure electric cars.
What is the new energy development situation of China's auto industry And what about the future.
During our first three years, we have encountered many difficulties, including lack of political support, poor quality products and low public acceptance When we launched our first batch of electric taxis in Shenzhen there three or four years, many drivers are unwilling to use them on security issues Some even said that there would be radiation But now, many Shenzhen residents have become accustomed to electric cars, I think it will take some time for the country to accept the idea.
Since the beginning of this year, governments have issued many policies, showing their determination to move forward with the development of new energy vehicles Now the question is whether to do it, but how.
The next three years will see a boom in electric vehicles, like what happened to e-commerce 10 years ago and the Internet 20 years ago, but what is different is that in addition to the commercial dynamism, the development of new energy cars is based on further government.
The development of new energy cars in China will be driven by three things energy security, environmental concerns of the processing industry.
Traditional cars to e-cars, and BYD's efforts to lobby for the use of electric buses in public transport, BYD has turned to closer cooperation with the government Some asked if the company itself -even is linked to the government what is your comment on this.
The new management has set new energy high on the pressure of the development agenda on air pollution and target local governments to improve people's livelihoods need a solution in such circumstances, BYD proposed a plan to adopt electric buses for public transport to reduce vehicle emissions and air pollution It coincided with the wishes of the government.
BYD moved early in the development of new energy vehicles, he paid more What are the costs of your move earlier.
We started to make great efforts on the development of new energy cars there almost eight years to that time, many people thought that burn us money because we spent a lot of money but without the investments made over the last eight years, even though the state provides to support policies, we would have no product to seize the opportunity opportunity is always those willing now the market environment is good, and it's time for BYD to launch new models.
I did not expect that the occasion would be so fast the next three to five years will be a golden period for the growth of BYD We must seize the production capacity can not meet demand will be a temporary problem because we We were cautious at first sold only several thousand F3DM models in a few years, but now we have sold thousands of Qin models within one month at the end of this year, we will improve our car production capacity electric.
How to balance competition between BYD new energy cars and conventional cars.
BYD, there is greater coordination between our traditional car companies and new energy car, rather than competition Although cars new energy is a revolutionary product, they should be developed on the basis of traditional cars.
We spent more effort on the development of electric cars compared to traditional cars The development of electric cars is based on the research platform of traditional cars, such as the brake system, chassis system and standards security, it is difficult to divide.
foreign auto giants have begun to enter the China low-end car market and contested national brands What is your opinion on this topic.
In the past, foreign car brands typically sold for more than 100,000 yuan But now, as well as increased production capacity, they reduced the prices of some as low models as 50,000 yuan, which is closer to national brands it put great pressure on us, and it is partly the reason that sales of domestic car brands have declined recently.
It is very difficult to compete in the traditional car market The State Council recently said he wants to improve the processing industry, which means that it wants to advance the transition to new energy vehicles in order improve competitiveness.
It is difficult to comment on past industrial policies, but BYD does not follow the old model, which offered foreign companies on the market in exchange for technology, we must rely on self-innovation, and take the the current environment of the market as an opportunity to surpass competitors abroad.
Revenues for new energy vehicles BYD has reached 1 billion yuan last year, and we expect sales of over 10 billion yuan this year, our new energy cars include sedans, buses and taxis This year, we received orders for 5,000 buses for the city public transport and delivered 4000 given the policy of the State Council to increase the use of new energy cars in transport public, urban sanitation services, public safety system and official vehicles for 30 years, I think that growth in the public sector will be faster but ultimately, we rely on private consumers.
How do you see the current competition in the new energy automobile market.
There is no other country like China which has issued many policies to support new energy vehicles, I think there will be many strong companies emerging new energy in China We do not charge need introduce foreign technologies because we are almost at the same level.
In 2013, the new energy car sales in China reached 20,000 It should be up to 50,000 this year if a car model could have sales of over 100,000 units, its costs will be much lower if the costs can be reduced from 30 to 40, it's time for the state to withdraw its subsidies But before that subsidies are necessary.
How will participate in BYD charging stations construction.
We participate in some cities, but we can not in many other cities, we are not even included in discussions Each city has a promotional office new energy vehicle only with their approval can join the meeting and have the opportunity to participate in building cities have promised to reduce local protectionism, but it will take time.
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In China hybrid electric cars to beat for now says head of BYD, porcelain, hybrid, beat, electrical.