Guangdong accelerates the promotion of new energy vehicles and is expected to exceed 250,000 vehicles in 2020

On April 18th, the website of the Guangdong Provincial Government officially announced the “Implementation Opinions of the General Office of the People's Government of Guangdong Province on Accelerating the Promotion and Application of New Energy Vehicles”, stating that it is necessary to accelerate the formation of a charging service system.

According to the opinion, by 2020, the province's new energy bus ownership accounted for more than 75% of all buses, of which pure electric buses accounted for more than 65%, basically achieving the scale and commercial operation of pure electric buses; The proportion of new energy buses in the triangle area is over 85%, of which pure electric buses account for more than 75%, and the Pearl River Delta region has become a demonstration area for the promotion and application of pure electric buses in the country. In addition, the basic formation of the user's place of residence, parking spaces (basic parking spaces) for the construction of charging and replacing facilities as the main body, with urban public parking spaces, temporary parking spaces in the road to build charging and replacing facilities as an auxiliary, to intercity, The city's charging station and power station are supplemented, and the number is moderately advanced, the layout is reasonable, the use is convenient, and the standard and standardized unified charging and replacing facilities service system.

The opinion also emphasized that new energy vehicles will achieve large-scale applications. By 2020, the province's new energy vehicles will be promoted and applied more than 250,000 vehicles, including 200,000 new energy vehicles in the private passenger vehicle sector.

Phoenix Securities believes that in order to realize beautiful China and promote the construction of ecological civilization, China's policy support for new energy will continue to increase, and new energy vehicles are expected to achieve good development. According to the China Association of Automobile Manufacturers, the cumulative production and sales volume of new energy vehicles in the first quarter increased by 1.1 times and 1.0 times respectively.

Bohai Securities believes that policy support is expected to continue to increase, the point trading system, low-speed electric vehicle industry specifications, etc. are expected to be introduced one after another. This year, the production and sales of new energy vehicles are expected to reach 600,000 units, maintaining the industry's "optimistic" rating, recommending BYD, Jianghuai Automobile, Lifan shares, Zhongtong Bus, Wanxiang Qianchao, it is recommended to pay attention to Longxin GM and Shuanglin shares of low-speed electric vehicles.

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