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In the future direction of electric vehicle development, new development strategies:

One is to clarify the new direction of electrification and intelligence, innovate and improve the technical strategy of new energy vehicles, and focus on comprehensive energy storage, high specific power generation, high-efficiency driving and energy recovery, intelligent control, lightweight body, and other aspects of the vehicle's products.

Its unit energy will rapidly increase. Last year, I conducted an analysis at the Hundred People Conference, and now, including products from around the world, its trend is an exponential upward trend. The higher the weight of the vehicle, the higher the actual energy consumption. So the advanced symbols of electric vehicles should be high specific energy for livestock, high power for driving, and most importantly, energy recovery during driving. Due to the need to enhance the core technology of San Dian, we need to strengthen its system research and integration in high energy density, power lithium batteries, high power density fuel power cells, high power feedback, and control systems.

The second is to increase research and development efforts on fuel cell engines to promote commercialization. We are currently experiencing rapid development in electric vehicles, with most of them still operating in cities. Urban public transportation is only a small part, while long-distance public transportation is a relatively large part. The electric range of long-distance public transportation can be replaced by fuel powered batteries for its development.

Another thing that must be done immediately is the recycling of lithium-ion batteries for automotive power. The power lithium battery used in automobiles does not end smoothly when it is retired. It can be used in livestock power plants for a long time, so its lifespan is double cycle. Therefore, it is necessary to do a good job in cascade reuse and recycling, so as to promote its application and industrialization.

Our internal combustion engine industry is facing the greatest pressure of transformation, and future regulations will be stricter. Both Europe, Japan, and China have proposed standards for future automotive fuel consumption, which must be met. At the same time, emission standards are more stringent. In terms of technology, it is important to note that since the implementation of WLTC's dynamic testing, the challenges related to automobiles have been enormous. But on the contrary, such dynamic testing also provides us with a greater direction for energy recovery. The form of hybrid power has a wide market, but it must adapt to new forms and requirements for transformation and upgrading, and transform pressure into the driving force for industrial upgrading.

On the one hand, the internal combustion engine technology itself needs to use efficiency as the main focus to reduce emissions, and conduct organized scientific research and research on high-quality technology, high-performance key components, advanced combustion technology, and other aspects.

The second aspect is that current applications also indicate that the direction of electrification of internal combustion engines will become the future direction. The electrification of internal combustion engines for vehicles has become a new direction. From the perspective of the hybrid system of oil and electricity, the average development rate of internal combustion engines is relatively low. This time, we saw some companies at the auto show that have started the transformation and upgrading of internal combustion engine electrification. I think this is the direction for future transformation and development. And in response to new requirements, we must follow the trend. I think developing high-efficiency electromechanical hybrid systems is our current direction for new energy vehicles.

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