Nearly 80,000 vehicles have been targeted this year. According to statistics, the total number of on-road targets expected this year will be close to 80,000 vehicles, and the development of new energy vehicles in China will welcome new opportunities. At the end of last year, the Ministry of Industry and Information Technology organized experts to carry out inspections and inspections on pilot cities in the "Ten Cities, Thousands" pilot vehicle. It was found that many cities have misunderstandings and high expectations for electric vehicles. After the communication, the local government realized that the electric vehicle was not yet technically mature and could not be required to comply with the standard of a conventional gasoline vehicle. In the past two years, the governments of all localities have proposed ambitious goals and this year it is time to honor their promises. There will be a preparatory period in the first half of the year and a large number of new energy vehicles are expected to be on the road in the second half of the year.
The integration process of rare earths in China has accelerated to face the joint litigation between the United States, Europe and Japan. China's rare earth restrictions will force China to make a strong counterattack. We believe that under China's determination to rectify and centralize the rare earth industry, rare earth litigation is becoming a catalyst for China to accelerate the integration of rare earth industries. At the two sessions this year, Minister of Industry and Information Technology Miao Wei stated that China's rare earth companies will be integrated into two or three large-scale enterprises. There are no timetables for integration plans, nor are they necessarily divided according to provinces. We believe that leading resource companies such as Baotou Rare Earth will give priority to benefit. With the advantage of local raw materials, rare earth permanent magnet processing companies will benefit for a long time, focusing on Ningbo Yunsheng and Zhongke Sanhuan.
"Energy-saving and new energy automobile industry development plan" will be released cautiously According to reports, after the "Energy-saving and new energy automobile industry development plan" was not approved at the State Council's office meeting in November last year, it is expected to be formally attended, but previously "planning" Some details of some of the incentive policies may be revised, and this policy is expected to be introduced by the end of the year. "Planning" may subsidize new energy vehicles, but also will require a reduction in the overall average fuel consumption of car companies. Focus on: BYD, JAC, Foton Motor.
The integration process of rare earths in China has accelerated to face the joint litigation between the United States, Europe and Japan. China's rare earth restrictions will force China to make a strong counterattack. We believe that under China's determination to rectify and centralize the rare earth industry, rare earth litigation is becoming a catalyst for China to accelerate the integration of rare earth industries. At the two sessions this year, Minister of Industry and Information Technology Miao Wei stated that China's rare earth companies will be integrated into two or three large-scale enterprises. There are no timetables for integration plans, nor are they necessarily divided according to provinces. We believe that leading resource companies such as Baotou Rare Earth will give priority to benefit. With the advantage of local raw materials, rare earth permanent magnet processing companies will benefit for a long time, focusing on Ningbo Yunsheng and Zhongke Sanhuan.
"Energy-saving and new energy automobile industry development plan" will be released cautiously According to reports, after the "Energy-saving and new energy automobile industry development plan" was not approved at the State Council's office meeting in November last year, it is expected to be formally attended, but previously "planning" Some details of some of the incentive policies may be revised, and this policy is expected to be introduced by the end of the year. "Planning" may subsidize new energy vehicles, but also will require a reduction in the overall average fuel consumption of car companies. Focus on: BYD, JAC, Foton Motor.
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