The automotive industry is undergoing a frenzy of changes that will even exceed the past 50 years in the next five years.
With the transformation of driverless technology and the taxi industry, change is not just about pursuing profits, but also about survival. However, while predicting changes, investing in new strategies is a tricky business.
Although more and more automakers are now starting to produce electric vehicles, the current demand for electric vehicles is not as imaginative as it is. At the same time, unmanned driving technology still faces regulatory obstacles. However, the industry as a whole agreed that the biggest prospect for the development of the new energy vehicle market is in China. In the future, China will continue to lead the revolution in the world of electric cars and hybrid cars.
At the previous New York International Auto Show, Porsche President and Chief Executive Officer Klaus Zellmer spoke about plans for China, saying: "China has so much in terms of quantity," he said, his arms stretched open, compared to an approximate Quantity, "There is no limit to China's growth."
Michelle Krebs, a senior automotive analyst, said: "Any automobile manufacturer that is a global automaker must focus on China. This is the world's largest market to date."
The Automobile Research Center predicts: “As soon as 2020, we expect the annual sales of new energy vehicles in China will reach 4 million vehicles. The China national plan for the electric vehicle quota system will provide an important impetus.
As a result, the market share of new energy vehicles will grow rapidly from 2020. We predict that by 2025, the share of new energy vehicles in China will reach 30%. â€
At the same time, the Automotive Research Center stated that by 2025, the Chinese automobile market is expected to grow to 35.5 million vehicles, of which new energy vehicles will occupy 10.06 million vehicles. By 2020, the total sales of new energy vehicles will reach 28.5 million. Therefore, China will continue to lead the changes in the electric vehicle industry. At the Shanghai Auto Show, the number of electric vehicles introduced by various car manufacturers has doubled.
The changes that have taken place in the automotive industry are dazzling, and China's move toward other energy vehicle areas is a risky bet.
Zelmer (Zelmer) stated that “the biggest challenge facing the automotive industry is that you can make your own plans, but you must predict the industry curve 4 to 7 years in advance, especially when you make a decision that has a big impact. So, as we ponder over where the critical point is, the industry is thinking about when it will be the critical point to stop making internal combustion engines and replacing them with electric motors."
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