Wang Chuanfu, chairman of BYD Co., Ltd., delivered a keynote speech Auto Mobile Parts,Automobile Steering Casting,Automobile Castings,Auto Mobile Parts Aluminum Hebei Jingxian Jinli Casting Co. LTD , https://www.hbjinlicasting.com
“The data shows that the sales of new energy vehicles in 2016 reached more than 500,000 vehicles, which accounted for 67% of the global sales. From the growth trend, it can be seen from 2011, especially in 2014, 2015 and 2016, Although the new energy automotive industry has experienced many twists and turns, it has still achieved a very objective growth rate."
At the 2017 Annual Meeting of the China Electric Vehicles Centennial Conference, Wang Chuanfu, chairman of BYD Co., Ltd., stated clearly in his speech report “Strengthening Confidence and Continuing the Sustainable Development of China’s New Energy Vehiclesâ€. 
He believes that vehicle electrification is the trend of the times and the institutional advantage is the basis for promoting development. Auto manufacturing companies need firm confidence to continue to promote the sustainable development of China's new energy vehicles. In recent years, the rapid development of new energy vehicles in China, the maturity of products, the comprehensiveness of policies, and the recognition of users have all contributed to a major development direction.
Among them, the performance of public transport is particularly prominent. Looking back at the 2016 production and sales figures, we can see that in 2016, the total sales volume of China's public bus (excluding tourist buses) has reached about 100,000 vehicles, and the sales volume of pure electric buses is about 70,000. The sales of plug-in hybrid vehicles About 17,000 vehicles. In other words, the production, sales, and application of China's electric buses have accounted for about 90% of the global market share, and the urban public transport electrification has become the consensus of the industry. More and more cities have actively joined the ranks of public transport. At the same time, Wang Chuanfu boldly pointed out: "In accordance with this trend, by 2018, in the domestic urban public transport sector, fuel vehicles are very likely to be on the verge of extinction."
He believes that this is mainly due to the convenience of charging electric buses, and has a fixed route, a fixed interval, and most of the domestic bus companies are state-owned systems, the government has a great right to speak, which is to help China's public transport electric Strong pusher.
Of course, this phenomenon will not only occur in China, but also ushered in the development boom of bus-electricity in foreign countries. For example: Norway and the Netherlands announced that they will basically stop the sales of fuel vehicles in 2030, and Germany will also stop fuel vehicles in 2025. Do further research and development and investment.
According to the national “Thirteenth Five-Year Planâ€, the market share of new energy vehicles in China has exceeded 1% in 2015; by 2020, the production and sales volume of new energy vehicles in China will reach 2 million units, close to 10% of the market share; by 2025, Achieve a 20% share, at that time, the production and sales of new energy vehicles will be close to 4 million.
He believes that in order to complete the production and sales targets of 2020 and 2025, it undoubtedly brings some challenges to the domestic new energy automotive industry. In response, he said: "By 2025, if the battery can be less than 1 yuan per watt-hour, according to the same configuration of the car, the cost, the same caliber of the brand and the same caliber configuration to calculate, than the traditional fuel car It is also 20%-30% more expensive." Therefore, he believes that if the state financial subsidies are to be withdrawn at that time, corresponding measures must be added.
On the one hand, the 10% vehicle purchase tax reduction should be extended to 2025, or even 2030.
On the other hand, it is to reduce the consumption tax, especially for plug-in hybrid vehicles. “If, after the withdrawal of state financial funds, these two kinds of deductions and additions are almost close to 15%-20%, this can reduce the vehicle cost gap by two-thirds, and it can also deposit into the new energy automotive industry. The healthy development." Wang Chuanfu made it clear in his speech report.