The new energy vehicle industry is full of development opportunities in the next few years. An industry consensus is that the development of new energy vehicles can be divided into the first half and the second half, which are electrification and intelligence, respectively, marked by whether the new energy vehicle industry has entered a new stage of development. The new contents of electrification and intelligence constitute the main features of the second half of the new energy vehicles.

The industry predicts that in 2024, the sales of new energy vehicles in China will exceed 10 million, of which pure electricity, range extension and plug-in hybrid will each account for about half, and the penetration rate will reach 40%, or even close to 50%. On the whole, the sales of new energy vehicles in 2024 will be 10 million to 12 million, which is relatively easy to achieve.

So, what are the important opportunities in the second half of the new energy market characterized by the new content of electrification and the starting point of intelligence?

Ten opportunities for new energy vehicles

01

Next generation battery technology still has breakthrough potential

In the short term, the most innovative field is the power battery. New energy vehicle charging pile

On the one hand, the performance of the power battery has not yet solidified, and there is still great potential for improvement. The energy density of single power battery is expected to exceed 350Wh/kg in 2025, and the system cost will be reduced to less than 0.5 yuan/Wh in 2030.

On the other hand, the competition pattern of new generation batteries such as solid state batteries and lithium sulfur batteries is far from being formed, and there are still new development opportunities for each main body.

02

New energy of commercial vehicles will accelerate development

Up to now, the increment of buses in major inland cities has basically achieved 100% new energy. In the logistics field, the new energy of commercial vehicles has been significantly accelerated.

It is worth noting that a number of new forces similar to Tesla and Weixiaoli may emerge in the field of commercial vehicles. The entry of these new forces will have a bottom impact on the future commercial vehicle market.

03

The international market will become a new growth point for enterprises

The third opportunity is in the international market. From January to September 2023, China exported 389000 new energy vehicles, a year-on-year increase of more than twice, which shows that the export scale is getting larger and larger. By 2030, the global sales of pure electric vehicles will exceed 35 million, which means that China's electric vehicles and batteries have huge export potential. Electric vehicle charging pile

04

Diversified energy supplement infrastructure will become a hot spot for industry

After the large-scale development of new energy vehicles, energy facilities will become more and more important.

In the past, the main contradiction in the car industry was "building cars". Now, the main contradiction in the next few years will be "how to make consumers use electric vehicles better".

In the future, diversified energy supplement means such as slow charging, high-power charging, power exchange, hydrogen refueling station will be applied in different scenarios to meet the diversified energy supplement needs of users.

05

New generation of cars and new energy become a new investment track

The upstream energy industry of new energy vehicles deserves attention. In the future, cars will follow the energy. Where there is new energy, there will be new energy automobile industry.

A multi factor collaborative system of new energy vehicles, power grids, wind energy, photovoltaic, hydrogen energy, energy storage and other factors will gradually form. It is estimated that in 2035, the daily V2G and orderly charging flexibility adjustment capacity of electric vehicles will be close to 12 billion kWh.

06

Low carbon technology will become the new competitiveness of enterprises

Car enterprises and battery manufacturers are currently pursuing low-carbon. Any enterprise that can achieve low-carbon or even zero carbon will be easier to go global. Therefore, low-carbon technologies that enable manufacturing enterprises will be just what the automotive industry needs in the next few years.

07

Servitization promotes the formation of new business types

When tens of millions of new energy vehicles are on the road, the automotive aftermarket, also known as "service-oriented", naturally becomes more and more important. Based on service, new generation operators, logistics operators, solution operators, post market service operators and other service subjects will be formed.

08

Intelligence is the top priority in the second half of the competition

Intelligent technologies and products will reshape the competitive landscape of the industry and create new industrial values. The competitive focus of automobile products and enterprises depends more on intelligence based on electrification.

Which technology route is deeply integrated with intelligence, which technology route is widely integrated, and which technology route is integrated early, which technology route will have better development with the help of intelligence. Intelligence will become the core of the future competitiveness of the industry.

09

New systematic engineering based on ICV

The development of China's ICV involves many fields, such as cars, roads, cities, and networks. Based on this, a new industrial ecology will be formed. This is a systematic project, bringing changes far beyond the car itself.

Chen Qingtai, president of the China Electric Vehicle Hundred People Association, pointed out that "look at cars out of cars and develop cars out of cars", which requires seamless connection of multiple aspects to establish our own systematic industrial advantages. New energy vehicle maintenance

ten

Science and technology enterprises are an important force to promote the reform in the second half

Future changes will not rely mainly on existing enterprises, but on technology enterprises that have just entered or are preparing to enter, because they represent cross-border and a new kind of thinking.

In the field of passenger vehicles, commercial vehicles and other complete vehicles, we need new forces; In the whole electrified supply chain, we need new leaders. Intelligentization needs new entrants, and cross-border technology enterprises may be the leading force in the second half of the reform of new energy vehicles.