"Double Points" was formally implemented on April 1. Why did joint venture carmakers "disorder"?


On April 1, 2018, the “Measures for the Concurrent Management of the Average Fuel Consumption of Passenger Vehicles and New Energy Vehicles for Passenger Vehicles” promulgated by the Ministry of Industry and Information Technology was formally implemented. This measure will integrate the assessment of average fuel consumption (CAFC points) and new energy passenger vehicle production (NEV points) for companies selling passenger cars in China (including imported passenger vehicle companies), and fails to meet the targets. The car prices are punished accordingly. This is not just a matter for car companies to deal with, but it will actually give us the opportunity to buy and use new energy vehicles in the future.

First, the impact of car prices

The so-called "double score" is the double-point integration of fuel consumption points and new energy vehicles. This policy stipulates that how many fuel vehicles produced by a car maker must match a certain percentage of new energy vehicles. That is, the policy "forces". The vast majority of car companies must produce new energy vehicles.

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At present, domestic brands occupy more than 90% of the market share of new energy vehicles. Some foreign brands have established joint ventures in order to adapt to double-integration policies, such as “Daimler’s shares in BAIC New Energy”, “Renault-Nissan Alliance and Dongfeng”, “ "Ford and Zhongtai", "BMW and the Great Wall", there were "Volkswagen and JAC". In addition, even the domestic car companies are also engaged in a joint, such as "Great Wall and Yu Jie", without exception, to cooperate with new energy models. The strong stimulation of the double-integration policy, coupled with the gradual relaxation of the government's investment control in the new energy automotive sector, is likely to continue to increase such similar joint ventures, cooperation, mergers and reorganizations, and which new alliances will be refreshed.

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Second, to consumers

The subsidy of new energy vehicles is gradually declining. By 2020, it will completely withdraw from the historical stage and gradually be replaced by double-pointing policies. The points between the car companies vary widely. Since the points can be bought and sold, they can compete and cooperate with each other. The "price war" is unavoidable, and the final benefit is to the common people. However, the current policy has not yet defined the trading system for new energy auto points. How much a specific point is not as clear and subtle as the subsidy policy, and there will be changes according to market supply and demand. Therefore, new energy car companies may also be difficult to set prices, short-term Prices will fluctuate within.

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This policy "forces" car companies to produce a large number of new energy vehicles. It is difficult to say how big the sales of major car companies are. What can we do if we can't sell them? Reduced price! Even lose money to sell! The pricing is bound to benefit consumers. The days when new energy vehicles are more expensive than traditional fuel vehicles will be gone forever. Many car owners may buy cars sooner.

Double-integration policy is closely related to cruising mileage and fuel consumption. The longer the mileage, the higher the score, the lower the fuel consumption, the higher the points, and the higher the score. Because the electric vehicle has a higher score than the hybrid vehicle, the battery life is high. The pure electric vehicles and small displacement fuel vehicles will become the main force in the market.


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Summing up: Now that the state has no longer opened the fuel tank capacity in principle, coupled with the target value of fuel consumption, the favorable policies for buying cars and vehicles are tilting towards new energy vehicles, and the roads of traditional fuel vehicles will get harder and harder. Both Changan and BAIC have announced the timetable for the ban on the sale of traditional fuel vehicles. Car companies will launch more small-displacement, hybrid power, plug-in hybrid, pure electric vehicles, consumers will have more choices in these areas. However, the traditional car energy-saving technology remains to be seen, because new energy vehicles in addition to accounting for fuel consumption, the points can also be the second time to compensate for negative integration of fuel consumption, will dilute fuel consumption goals, is not conducive to upgrading the application of energy-saving technologies.



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