Fu Yuwu: The 12th Five-Year Plan is the Key Period for the Industrialization of New Energy Vehicles

With China becoming the world’s largest auto sales market, the Chinese auto industry has entered a new stage of development. Recently, the Fifth Plenary Session of the 17th CPC Central Committee discussed and considered the "Proposal for the CPC Central Committee on Formulating the Twelfth Five-Year Plan for National Economic and Social Development." The "Twelfth Five-Year Plan" for the automotive industry is being formulated and revised, and the next five years The Chinese auto industry will shift from a large scale to a strong one in the past.

For China, the "Twelfth Five-Year Plan" will become a landmark watershed and become a key period for China to change its economic development mode. Specifically, on the one hand, it advocates the development of energy-saving vehicles including new energy vehicles; on the other hand, it advocates the adoption of mergers and reorganizations to eliminate backward production capacity to solve the problem of structural overcapacity. The executive vice chairman and secretary-general of the China Automotive Engineering Society, Fu Yuwu Xiang Fengwang.com, said that one of the outstanding highlights of the 12th Five-Year Plan is to encourage the development of new energy vehicles, which was not proposed in previous development plans.

In a sense, the Chinese automobile market can be said to be a policy market. Last year's car-to-country, trade-in and purchase-tax halving, and other related preferential policies greatly stimulated the development of the automobile industry and became the world’s largest producer and seller. Fu Yuwu analyzed that the automobile industry is a pillar industry of the national economy. To highlight its pillar position, government policy support is crucial and important.

At present, the total number of cars in China exceeds that of other countries in the world, but the per capita possession is only equivalent to the level of the United States in 1917. Specifically, the number of people in the United States is 800, and that in the United Kingdom is 600. However, there are only 40 vehicles in China. This group of figures also precisely shows that China's auto market still has great potential for development. Paying to Wuxiang Fenghuang.com said that the development of automobiles will inevitably lead to contradictions between resources, transportation and the environment. However, the state cannot restrict the development of automobiles, but must encourage and guide the healthy development of the automobile industry.

Fu Yuwu stated that the “Twelfth Five-Year Plan” has listed the new energy automotive industry as a leading industry for the national economy and clearly stated that it will strive to break through key core technologies in the field of power batteries, drive motors, and electronic control to promote plug-in hybrid vehicles. Pure electric vehicle promotion and industrialization. At the same time, we will carry out research and development of leading-edge technologies related to fuel cell vehicles and vigorously promote the development of high-efficiency, low-emission, energy-saving vehicles. The “Twelfth Five-Year Plan” is a crucial period for new energy vehicles from R&D to industrialization. During this period, auto companies should seize the opportunity to reduce the R&D costs of new energy vehicles and reduce the distance with developed countries.