A number of car companies announced that they will stop selling fuel vehicles, and the era of new energy vehicles has completely come?

At present, the new energy vehicle market and the traditional fuel vehicle market are undergoing obvious changes. According to the data, in 2021, the total wholesale volume of new energy passenger vehicles in China increased by 181.0% year-on-year to 3.312 million units, and the retail sales volume increased by 169.1% year-on-year to 2.989 million units; in 2021, the total wholesale volume of domestic fuel vehicles fell by 4% to 17.79 million units, and retail sales fell by 6% to 17.16 million units.

From the data point of view, fuel vehicles occupy the dominant position in the automotive industry, but in contrast, in 2021, fuel vehicles have declined year-on-year, and new energy vehicles have achieved year-on-year growth.

BYD announced on April 3

Officially discontinued fuel vehicles

It has become the world's first traditional car company to discontinue fuel vehicles

In recent years, with the continuous expansion of the new energy vehicle market, more and more car companies have issued a timetable for discontinuing fuel vehicles, Changan Automobile plans to completely stop selling traditional fuel vehicles in 2025, and BAIC Group will stop the production and sales of its own brand traditional fuel passenger cars in China by 2025. According to public information, most of the time points for domestic car companies to stop selling fuel vehicles are set up in 2025, and most of overseas car companies are set up after 2030. What do consumers who are ready to buy a car have to say about this?

Consumer - Mr. Luk:

It is better to cancel fuel vehicles, which can reduce carbon emissions. Pure electricity, I think at present, the domestic market technology maturity is still a little worse, I will choose hybrid if I buy a car.

Some consumers also said that although car companies listed this timetable, in practice, they also need to consider the national policy and the popularity of charging piles to buy vehicles, while car sellers said that the popularity of new energy vehicles is the trend of the times.

Car Dealer - Zhang Huafeng:

On our side, we will gradually push towards all-electric plans, such as the Jaguar Land Rover brand. So far, this schedule has not been announced to our dealers, and the market reaction is now good. At present, the new cars we see are also gradually becoming electrified, followed by plug-in hybrids, and the pure electric version will also go to the country next year, and the market trend is the global trend.

In different cities in China, the sales ratio of pure electric hybrids and fuel vehicles will not fluctuate too much in the near future.

This depends on the city, and different urban policies are different. For example, the hybrid vehicles and pure electric vehicles in Guangzhou and Shenzhen City, their license rate is very high, because of the indicator problem, and for example, Dongguan City, it does not involve this factor, so the sales of hybrid vehicles and pure electric vehicles are far less than fuel vehicles.

A number of car companies announced that they will stop selling fuel vehicles

BAIC Group: Fully stop selling fuel vehicles in 2025

As early as 2018, BAIC Group announced that it expects to completely stop selling fuel vehicles by 2025, and plans to take the lead in completely stopping the sales of traditional fuel passenger cars of its own brands in Beijing by 2020.

Changan Automobile: Fully stop selling fuel vehicles in 2025

In October 2017, Changan Automobile announced the "Shangri-La Plan", which directly refers to the new energy vehicle market. According to the plan, Changan Automobile will invest more than 100 billion yuan in the new energy field in the next 8 years, and by 2025, it will completely stop selling traditional fuel vehicles.

Toyota Motor: In 2030, the sales of fuel vehicles will be stopped in China, Europe and North America; in 2035, the Lexus brand will stop selling fuel vehicles completely

Volkswagen: Gasoline vehicles will stop selling in the European market in 2035

Honda Motor: Fully stop selling fuel vehicles in 2040

In April last year, Honda Motor said that pure electric and fuel cell models will account for 40% of total vehicle sales in 2030, 80% in 2035, and increase to 100% in 2040, and stop production of fuel vehicles.

Mercedes-Benz: Discontinue sales of fuel vehicles in 2030

Mercedes-Benz expects to design factories with pure electric vehicle production lines based on market demand in the next few years after 2025.

Nissan Motor: Discontinue sales of fuel vehicles after 2025

Nissan announced plans to stop selling fuel vehicles by 2025 and will shift its R&D and sales to all-electric and hybrid models.

Kia Motors: Gasoline vehicles will stop selling in the EU market in 2035

Kia Motors previously said it would stop selling fuel vehicles in the EU market in 2035 and fully electrify it outside of South Korea by 2040.

BMW Group: The EU will stop selling fuel vehicles in 2030

The BMW Group will stop selling fuel vehicles in the Eu in 2030, and it expects to launch 12 pure electric models in the Chinese market by 2023, covering almost all market segments at present.

In response to the detailed timetable of many car companies that have successively released discontinued fuel vehicles, what do car critics think?

Famous Car Critic - Lu Lu Tong:

This shows that the world of automobiles is changing, new energy vehicles replace traditional fuel vehicles, which is the trend of the times, is irreversible, this is also the entire consumer market is changing, prompting many automobile companies to accelerate the pace of transformation, stop fuel vehicles to produce new energy vehicles. This is in line with the strategic goal of "carbon neutrality" and is a good trend.

What are the implications for the automotive industry in the future, and what advice do experts have?

Professor, Department of Economics, Lingnan College, Sun Yat-sen University - Lin Jiang:

First of all, everyone is very convinced that fuel vehicles have withdrawn from the historical stage, and there is no doubt that at this stage, fuel vehicles still account for the largest market share, and this timetable is influential. There will be competition among various car companies, and everyone will have a reference to each other, which is both a mutual influence and a mutually competitive situation, which is beneficial to the healthy development of the overall market of new energy vehicles in the mainland.