Shandong New Energy Vehicles Conversely Increase in "Low Profile"

With the overall growth of the automotive industry in the country slowing down, new energy vehicles dominated by low-speed electric vehicles in Shandong have shown a trend of contrarian growth.

According to statistics from the Shandong Automobile Industry Association, the total sales of auto products in Shandong completed more than 1,477,000 units in 2011, a year-on-year decrease of more than 8%. However, the output of new energy vehicles reached more than 68,000 units, an increase of over 14% year-on-year.

Wei Xueqin, executive vice president of the Shandong Automotive Industry Association, said that the overall downturn in the auto industry is mainly due to the delisting of the auto industry’s revitalization policies for the automotive industry, and the 4 trillion yuan investment has basically expired, and the market pulling effect has weakened. In the context of slowing economic growth, Shandong, which is China's largest commercial vehicle province, bears the brunt of heavy truck sales.

“Commercial vehicles are production materials and are closely related to investment. The reduction in investment will definitely bring about a decline in the sales of commercial vehicles, which will increase the difficulty of production and operation of enterprises.” Wei Xueqin said, but because China has basically entered the automobile society, the production and sales of passenger cars still A growing trend.

The rapid growth of new energy vehicles has become the biggest highlight of the automotive industry in Shandong in 2011. At present, there are only two new energy bus companies in Shandong entering the national automotive product catalog. The demand for low-speed electric vehicles is only supported by local governments. In spite of this, Shandong's low-speed electric vehicles are still booming vitality, of which patrol car sales growth rate of 240%.

Wei Xueqin thinks that even during the “12th Five-Year Plan” period, the growth rate of China’s automobile production and sales will return to a rational state and shift to a more reasonable 3%-5% average increase rate. There will be no more than 20% growth rate in previous years. . The constraints of energy and environment that the auto industry faces will also promote the overall transformation and upgrading of the automotive industry.