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State Council promotes upgrading new energy vehicle industry

Updated: Feb 25,2016 2:55 PM

At the State Council executive meeting presided over by Premier Li Keqiang on Feb 24, a series of policies and measures were proposed to support the development of the new energy vehicle industry.

China’s automobile battery is a generation behind some developed countries, said Dong Yang, executive vice-president of the China Association of Automobile Manufacturers.

He said that to catch up with international average levels, a coordinated development in material, equipment, manufacturing and market is needed.

According to Xin Guobin, vice-minister of Industry and Information Technology, we should not only promote the development of charging equipment, enhance technology research and development, and set up a convenient charging service network; we should also accelerate the construction of core components maintenance, and explore efficient business operation modes.

Analysts in the field said that it is easy for the battery industry to achieve breakthroughs but difficult to make progress in practical use. There is still a gap between domestic batteries and world-famous brands such as Samsung and Panasonic. The industry needs national support and the new policies will greatly promote the research and development of battery enterprises.

Tang Jiayi, sales director of Preh BMS at Joyson Electronic Co., said the cost of electronic vehicles is still high, and being subsidized can be a major way to reduce that cost.

“With increases in production volume, the quality problem of new energy vehicles has gradually emerged. Now factories are concerned about how to improve quality, which is a good opportunity for those leading enterprises in the field,” said Tang.