On April 1, the management method of the average fuel consumption points (CAFC) of car companies that has attracted the attention of the automotive industry has been formally implemented. In 2019, another important point, the assessment of new energy points, will also begin. Once again, they once again alarmed the industry. Four ministries and commissions jointly carried out a test on 124 passenger vehicle manufacturers. Among them, the average fuel consumption of 80 companies such as BYD and Geely reached the standard; 44 companies such as Great Wall and Changan have not consumed fuel. Can meet the standard.
It is foreseeable that with the implementation of the CAFC first step, the 'double-integration' policy will be suspended on the head of most car companies like the 'Damocruth Sword'. For BYD, which holds a large amount of new energy points, etc. In terms of car prices, it is hoped that the first pot of gold will be ushered through the point trading. For the Great Wall, Changan and other negative points of fuel consumption can not offset the new energy companies that are integral, no doubt will be burdened with a 'integrity debt' that must be repaid.
Double points New Deal warm-up points 'rich gap' disparity
The dual-point policy for passenger cars has been officially implemented on the 1st of this month. According to the policy, the proportion of new energy points for 2018, 2019, and 2020 will be 8%, 10%, and 12% respectively. 2018 is only a transition, and the real assessment period will Starting from 2019, the official landing of the new policy indicates that on the one hand, the government requires traditional auto companies to reduce fuel consumption. On the other hand, it requires companies to increase the production and sales of new energy vehicles.
Before the official launch of the 'double-integration', the average fuel consumption and new energy vehicle points issued by the four ministries and commissions of the Ministry of Industry and Information Technology were considered at the current stage to help companies adapt to the 'dual-integration' rules.
According to an announcement issued by four ministries and commissions, BYD, BAIC and Geely performed well in the 124 domestic passenger car companies in China in 2016. Among them, BYD Auto Industry and BYD Automobile Co., Ltd. have 153,000 new energy points and 141,000 new points respectively. It is Beiqi, Geely, with more than 100,000 points.
In contrast, the non-compliance of the "black list" is more concerned. Great Wall Motors topped the list with 243,500 points of negative fuel consumption, closely followed by Chang'an Automobile, SAIC-GM's Beisheng and Cheetah's fuel consumption negative points. More than 100,000.
Those enterprises that do not meet the production ratio requirement must pay for the purchase of new energy vehicles and positive points from other companies. Daoge said that the car will understand that the future Ministry of Industry and Information Technology will set up a point trading platform to allow positive and negative points to be traded through the market. In this way, car companies can meet compliance requirements.
'Rewards trading' makes people happy to start small businesses or take the lead
According to the announcement issued by the ministries and commissions, the top five companies with the largest number of tradable new energy vehicles in the year were: BYD Auto Industry Co., Ltd., BYD Auto Co., Ltd., Beijing Automotive Co., Ltd., Zhejiang Geely Automobile Co., Ltd., and Hunan Jiangnan Automobile Manufacturing Co., Ltd. Limited company.
Thanks to the integral compensation policy, New Energy Points already has a transaction value. The industry's valuation for points in 2019 ranges from 1000-5000 yuan per minute. With the market expansion, BYD, BAIC and other car companies are expected to create over one billion yuan by point transactions. Yuan’s annual income. On the contrary, unsatisfied car companies will have to spend hundreds of millions of dollars for this purpose. Volkswagen, General Motors, GAC Fick, FAW Toyota, etc., which currently have a relatively large share of sales in the Chinese market, will all Face greater challenges.
Of course, with the changes in the market environment and the clarification of the policies, the car manufacturers will not be overwhelmed. Take Great Wall Motor as an example, under the premise that its new energy vehicle products are not fully rolled out, it seems that they will not be able to avoid spending huge sums of money. The way to purchase new energy points is to keep the names of the products on the list of the Ministry of Industry and Information Technology. In addition, in response to the integration policy, joint ventures in the new energy sector have emerged in an endless stream. For example, Ford and Zhongtai have joined forces, and the public has joined forces with Jianghuai. However, in the short term, It is still not easy to reach points targets.
For those with original sales volume and profitability are not strong, there is no group background and there is no joint venture or cooperation partner to share the fuel consumption points. For a car company that transports new energy points, the time may not be much. Southeast Automotive, Haima Motors and Hanto Automobile etc. In the future, the state of the production capacity will be limited by the policy and may be eliminated in the intensified competition.
Dong Yang, executive vice president of the China Association of Automobile Manufacturers, also expressed that he was satisfied with the 'double-integration' transcript. In particular, most Chinese brand companies completed the task of scoring by chasing new energy vehicles. But Dong Yang It also pointed out that under the dual pressures of fuel consumption and new energy vehicle integration assessment, the companies ranked in the last non-compliance, especially the production and sales of nearly half of the zombie enterprises will usher in the fate of mergers and restructuring.
