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Oil prices are rising, the choice of new energy vehicles is the optimal solution?

Cui Dongshu, secretary general of the Association, said earlier, "This year's domestic oil prices will hit a new high in the past 10 years in March, and the rising oil prices have pushed up the daily commuting cost of fuel vehicles, and continued to expand the order of magnitude for the further promotion of new energy and even oil-electric hybrid technology." A sentence points out the relationship between the current oil price and new energy vehicles.

Oil prices are rising, the choice of new energy vehicles is the optimal solution?

This year's oil prices have ushered in five consecutive rises, No. 95 oil has also entered the "9 yuan era", many car owners in order to save fuel costs, bid farewell to Sinopec and other genuine state-owned enterprise gas stations, invested a few cents cheaper and also sent car wash coupons to the private gas stations. Some car owners simply give up their small love cars, and the bus and subway share cars to go up, which is also a response to the national call for green travel. Here for my car, which has not been moving for more than a week, my heart aches for three seconds.

However, with the international oil price falling all the way, European and American crude oil futures are also about to fall below $90 per barrel, and the rate of change of domestic crude oil in the future may narrow in the later stage. As for this narrowing progress, as netizens said, "the oil rises like a mountain, and the oil drops like a silk", it is estimated that for a long time in the future, fuel vehicles will be under the pressure of high-priced travel.

Oil prices are rising, the choice of new energy vehicles is the optimal solution?

Since the oil price has risen, is it time for new energy models that are free from the shackles of oil prices to be popular?

From a certain point of view, this wave of oil prices, indeed on the new energy model to the penetration of the automotive industry has played a role, many ordinary consumers who hold the currency to wait and see the fuel and electric models, at this juncture, most of them will choose new energy models with relatively low travel costs.

However, not all new energy models meet the standards of ordinary consumer vehicles, such as pure electric vehicles. The current development of the new energy market in the mainland is a dumbbell shape, that is, high-end luxury and low-end micro-electricity two extreme markets, the reason for this development trend is because pure electric vehicle models have a high "entry threshold" for car owners.

Oil prices are rising, the choice of new energy vehicles is the optimal solution?

The first is the installation of private charging piles, at present, 70% of the people in the country do not have fixed parking spaces, and the remaining 30% of many people are inconvenient to install private charging piles because of various reasons such as long power distribution distances. In this case, after purchasing a pure electric vehicle model, you have to consider grabbing public charging piles, so there is a phenomenon of "getting up at 4 a.m. to seize charging piles". Obviously, in the absence of private charging piles, the cost of travel per kilometer brought by pure electric vehicles cannot be offset by charging anxiety.

The other is the inconvenience of long-distance travel. Although the government and car companies have invested a lot of energy in the infrastructure of charging piles and have made great improvements, during the festive holidays, there will still be the problem of "more monks and less porridge", and it is not uncommon for five or six vehicles to queue up to guard two charging piles. As for going to some remote areas, charging is a headache.

Oil prices are rising, the choice of new energy vehicles is the optimal solution?

Personal charging and travel replenishment have become obstacles to the development of pure electric vehicles. Before failing to solve these two major problems, pure electric vehicles are actually more suitable for these two types of consumer groups. One is that there is already a fuel vehicle that can travel long distances at home, and there is also a personal parking space to facilitate the installation of charging piles, and there is no need to worry too much about the middle and high-rise consumer groups in charging and travel. The other is that the daily travel radius is limited, the use of choosing pure electric vehicles is to pick up children for short distances, such as Hongguang MINIEV, etc., without considering the problem of energy replenishment, charging can be pulled directly from home.

This is also one of the reasons why the development of pure electric models shows the shape of "dumbbells". In the mid-range consumer market, which carries more than half of China's automobile market, consumers are mostly buying their first car, and choosing a pure electric model obviously cannot meet various travel scenarios like fuel vehicles.

Oil prices are rising, the choice of new energy vehicles is the optimal solution?

The hybrid model, known as an electrification transition product, has become a compromise between fuel and pure electricity: short-distance electricity, long-distance refueling, low travel costs, no endurance anxiety, and the quietness of electric vehicles can be experienced. Hybrid models can be described as the maximum to meet the needs of consumers.

Oil prices are rising, the choice of new energy vehicles is the optimal solution?

The demand of the market is the direction of the development of car companies, so we can see that in the past year, many independent brands have begun to develop plug-in hybrid technology, Geely's Thor hybrid, Changan IDD hybrid, Great Wall lemon DHT hybrid, Chery Kunpeng DHT hybrid, and BYD DM-i super hybrid that has been verified in the market as early as possible. Although they are all hybrid, due to the different technical routes, they show their own unique features in endurance, fuel consumption and performance.

The blossoming of flowers in the field of hybrid has also led to a sharp spike in sales. In 2021, the cumulative sales of hybrid models reached 545,000 units, an increase of 171.1% year-on-year, making it the segment with the highest growth rate. In January and February this year, it also achieved a year-on-year increase of 198.3% and 367.2% respectively. The staying power of hybrid models also makes the association judge that the proportion of this segment will increase from 18% last year to 25% this year.

New energy vehicles instead of fuel vehicles is the trend of the times, but this substitution is obviously not achievable in the short term, although the rise in oil prices has brought a lot of hot discussions, but also caused a lot of singing the decline of fuel vehicles, but for many consumers with limited budgets, the purchase of fuel vehicles is still a safe choice, if you are more concerned about the cost of travel, and have a recognized attitude towards new energy vehicles, then you can also take a small step forward and choose hybrid models. As for the pure electric model, I personally suggest that in the absence of solving the problem of personal daily charging, you can temporarily slow down.

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