Core Tip: As the world's largest producer and consumer of automobiles, China's new energy vehicle market has transitioned from an import phase to a growth phase. The driving force of China's new energy vehicle market has also shifted from a single "policy" drive to a "policy+market" dual drive, with significant changes in development models and patterns.

Xinhua Finance Haikou, October 19th (Reporters Xia Xia, Chen Ziwei, Xiang Dingjie, Zhang Jian, Li Shuangxi) As the world's largest producer and consumer of automobiles, China's new energy vehicle market has undergone a transformation from an import phase to a growth phase. The driving force of China's new energy vehicle market has also shifted from a single "policy" drive to a "policy+market" dual drive, with significant changes in development models and patterns.

Strive to achieve carbon peak before 2030 and carbon neutrality before 2060- this is China's commitment to the world. To achieve the "dual carbon" goal, promoting the marketization of new energy vehicles through low-carbon development in China's transportation sector has become an inevitable trend.

The latest data shows that in the first three quarters of 2021, China's production and sales of new energy vehicles reached 2.166 million and 2.157 million respectively, an increase of 1.8 times and 1.9 times year-on-year.

As a popular terminal market for new energy vehicles, Hainan Province in southern China combines policy dividends with natural geographical advantages. Jiang Yi, an academician of the CAE Member and a professor of Tsinghua University, pointed out that the tropical climate environment of Hainan Province has avoided the impact of low temperature on the endurance of new energy batteries, and the land area of 35400 square kilometers is highly consistent with the endurance mileage of new energy vehicles and the construction of charging infrastructure.

In recent years, Hainan Province has comprehensively promoted Hainan in accordance with the requirements of the "Overall Plan for the Construction of Hainan Free Trade Port" and the "Implementation Plan for the National Ecological Civilization Pilot Zone (Hainan)"clean energyIsland construction has taken the lead in proposing the "ban on the sale of fuel vehicles" by 2030 and issuing the "Hainan Province Clean Energy Vehicle Development Plan", becoming the first region in China to propose goals and roadmaps for the clean energy transformation of vehicles in all sub sectors.

As of the end of August 2021, the number of new energy vehicles in Hainan Province has reached 91000, ranking fourth in the country. Under the "one negative, three positive" zero tariff list, value-added processing, and tax incentives of Hainan Free Trade Port, the automotive industry in Hainan Province has ushered in new opportunities, and some projects for the production and modification of new energy special vehicles have settled in.

With the continuous increase in industrial development,China PowerBattery technology is at the forefront of the world. However, industry insiders also point out that pure electric vehicles still face prominent issues such as reduced range and performance in low-temperature environments.

Changchun, Jilin Province, known as the "Automobile City" in China, is located in a high-altitude region. In 2017, Jilin Automobile Electronics Association and Jilin Automobile Industry Association jointly released the group standard for performance requirements and test methods of lithium-ion power battery packs and systems for pure electric vehicles in high-altitude regions (T/GHDQ 4-2017), providing standard support for power batteries in high-altitude regions. In September of this year, China FAW Group Co., Ltd., located in Changchun, was a subsidiary of China FAW Group Co., LtdFAW JiefangAutomobile Co., Ltd. announced that it will invest over 30 billion yuan to accelerate the transformation and development of new energy.

However, Baicheng City in Jilin Province, where the lowest winter temperature exceeds minus 30 degrees Celsius, has chosen another "technical route". Last October, Baicheng City put into operation 15 hydrogen fuel cell buses. Hydrogen fuel cell buses can achieve ultra-low temperature starting at minus 30 degrees Celsius and storage at minus 46 degrees Celsius. The only emission during operation is water.

Behind the introduction of hydrogen fuel cell buses is the long-term plan of Baicheng City to build a "hydrogen valley" in northern China. In August 2019, Baicheng City led the formation of a hydrogen energy industry strategic development alliance, which included 15 leading enterprises such as FAW. Starting from the development of new energy power, the alliance extended to build the entire industry chain of hydrogen production, storage, transportation, and utilization.

At the same time, various regions in China have successively released policy measures to accelerate the development of new energy vehicles, especially making clear requirements for the use of new energy vehicles in official vehicles and public transportation.

Shanghai has explicitly stated that by 2025, new energy vehicles will be fully used in public transportation, taxi services, official vehicles of party and government organs, cargo vehicles in central urban areas, and postal vehicles. The proportion of new energy vehicles in state-owned enterprises and institutions' official vehicles and sanitation vehicles will exceed 80%, while the proportion of new energy vehicles in online taxis will exceed 50%. The penetration rate of new energy vehicles in heavy-duty trucks and construction vehicles will significantly increase.

Entering the new energy vehicle charging and swapping station at Guiyang North Station, electric vehicles with green signs frequently enter and exit. At present, the main users of charging and swapping stations are electric ride hailing vehicles, taxis, logistics vehicles and other operating vehicles, "said Yang Wenkai, General Manager of the Technology Department of Guizhou Power Grid Qianneng Company. The charging and swapping stations also provide supporting services such as catering and car washing.

Governments across China are also actively providing financial subsidies for the purchase of new energy vehicles. Starting from September this year, Hainan Province plans to distribute reward funds of approximately 136 million yuan to the first batch of 17368 new energy vehicle buyers (including individual and corporate users) who meet the reward criteria of Hainan Province. The finance department of Guiyang City will provide a subsidy of 24 million yuan to consumers who purchase new energy vehicles from mid September to the end of the year.