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New energy vehicles are gradually approaching and accelerating towards us. The reporter learned from relevant national departments that the development plan and package of support policies for the energy conservation and new energy vehicle industry - the "Energy Conservation and New Energy Vehicle Development Plan (2011-2020)" (hereinafter referred to as the "Plan") has been completed and is currently soliciting opinions from relevant departments. It will be finalized this month and submitted to the State Council for review. If approved, it is expected to be implemented as soon as this year.

"The implementation of a package of support policies for an industry in China is still the first time, indicating the country's emphasis on the new energy vehicle industry." Li Yuan, a researcher at Guodu Securities, said, "This is an important policy leading the development of China's new energy vehicle industry after the Ministry of Finance and four other departments issued the" Notice on Pilot Subsidies for Private Purchase of New Energy Vehicles "in June this year."

It is revealed that the "Plan" detailed the development goals and a series of support policies for China's energy-saving and new energy vehicles, and pure electric vehicles will become an important strategic direction for the transformation of the automotive industry. "Pure electric vehicles are most suitable for China's national situation where there is a lack of oil and the level of internal combustion engine technology is not high. They have a simple structure, convenient use and maintenance, and are material saving and energy-saving," Li Yuan pointed out.

In terms of traditional internal combustion engine vehicles, China lags behind foreign countries by 20 years. Especially in the high-tech field of sedan engines, domestic enterprises currently do not have the ability to independently develop, and the opportunity for China to catch up with developed countries in internal combustion engine vehicles is very small. However, there is only a gap of four to five years in the field of electric vehicles. China has cost and market advantages, and has the potential and possibility to form a leading position in the world. New energy vehicles are expected to become a medium sized vehicle The important path for China's automobile industry to catch up is an opportunity for Chinese cars to overtake on curves. With the help of the new energy technology revolution in the automotive industry, the next 10-20 years will be a major historical opportunity for China's automotive industry to achieve leapfrog development and strengthen independent brands Li Yuan further pointed out.

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