Beijing actively promotes the transformation and upgrading of automobile electrification, and the industrial chain company Fu Neng Technology is expected to benefit from it

Shanghai Securities News China Securities Network News (reporter Zheng Junting) at the Special Press Conference on the construction of the "two districts" in Beijing held on February 10, Liu Yutong, director of the 2022 Beijing News Center, said in response to a reporter's question that the automobile industry is the largest industry in Beijing's high-end manufacturing industry, and Beijing has been actively promoting the structural adjustment and transformation and upgrading of the automobile industry, and by 2025, the cumulative ownership of new energy vehicles in the city will strive to reach 2 million.

In terms of fuel cell vehicles, Liu Yutong said that Beijing adheres to the basic principles of "electricity is electricity and hydrogen is hydrogen", the basic principles of passenger car electricity and commercial vehicle hydrogen, vigorously promote the development of the fuel cell vehicle industry, and plan to promote the application of more than 800 fuel cell vehicles by the end of this year.

It is worth noting that Liu Yutong gave a set of data, as of the end of 2021, the cumulative number of new energy vehicles in Beijing has reached 507,000. Liu Yutong said that Beijing is very concerned about the development of new energy vehicles, including electric vehicles, and the development of new energy vehicles is an important measure to cope with climate change and promote economic development, which is of great significance for energy structure adjustment, low-carbon industrial development, and the realization of the "double carbon" goal.

Liu Yutong highlighted that it will actively promote the electrification transformation of Beijing Benz, the largest automobile joint venture in Beijing. According to reports, Beijing Benz has launched three models of EQA, EQB and EQC, and will continue to launch high-end models EQE in the second half of this year. According to the disclosure of Fu Neng Technology, a company on the Science and Technology Innovation Board, the company is an important global strategic supplier and partner of Daimler's "full electrification" transformation, and currently exclusively supplies power batteries for daimler and Beijing Benz's new EQA, new EQB and EQE models.