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Zeng Qinghong: The automotive industry has entered the stage of micro-growth and elimination

author:Science and technology experts said

On June 8-9, 2023, the 2023 China Automotive Chongqing Forum with the theme of "Shaping the Future of the Industry in the Age of Change" was held at Chongqing Yuelai International Convention Center. Zeng Qinghong, Secretary of the Party Committee and Chairman of GAC Group, attended the opening ceremony of the main forum on the afternoon of the 8th, and delivered a wonderful speech at the plenary session with the theme of "Innovation Driven, Transformation and Upgrading, Creating a New Future of China's Automobile".

Zeng Qinghong: The automotive industry has entered the stage of micro-growth and elimination

Zeng Qinghong (fifth from left) attends the opening ceremony of the 2023 Automotive China Chongqing Forum

In his speech, Zeng Qinghong first shared the situation of the leaders' inspection of GAC AION and GAC Research Institute on the afternoon of April 12. The GAC Group's 120,000 employees will keep in mind the instructions of the leadership, always adhere to scientific and technological innovation to promote high-quality development, and aspire to develop the national automobile brand. Zeng Qinghong then introduced GAC's judgment on the future development trend of automobiles and how GAC promotes high quality.

Zeng Qinghong: The automotive industry has entered the stage of micro-growth and elimination

2023 China Automotive Chongqing Forum

Zeng Qinghong believes that there are several major trends in the future of the automotive industry, including: although there is still room for development of Chinese automobiles, there is also a crisis, and it will bid farewell to double-digit growth and enter a stage of micro-growth; The car market enters the knockout round; The independent brand grasps the right to speak in the "big three electricity"; Intelligent driving and artificial intelligence are rapidly iterating, and Robotaxi may have explosive growth in the future.

Zeng Qinghong: The automotive industry has entered the stage of micro-growth and elimination

Zeng Qinghong delivered a keynote speech

The development of new energy vehicles is the only way for the mainland to move from an automobile country to an automobile power. Zeng Qinghong said that the direction of national policies is very clear, but it is necessary to coordinate development and pursue sustainable and harmonious development. GAC Group is the first in China to build an intelligent networked new energy vehicle industrial park, covering an area of 7,500 mu and investing more than 45 billion yuan, laying a solid foundation for the rapid development of GAC AION. At present, GAC has mastered the core technology in the field of "three electric powers" and intelligent network connection of new energy vehicles and intelligent networking, and is at the forefront of the industry. At the same time, accelerate the layout of new energy core technologies and the whole industrial chain. Starting from 2022, Ruipai Power Electric Drive Company, Inpai Technology Battery Company, and Youpai Energy Technology have been established successively to actively build a vertically integrated new energy industry chain of "lithium mine + basic lithium battery raw material production + battery production + energy storage and charging and replacement services + battery leasing + battery recycling and echelon utilization" in order to invest in lithium mines. In addition, we boldly promoted institutional innovation, implemented the reform of professional managers and the reform of mixed ownership of investment enterprises, and greatly stimulated the enthusiasm of enterprise leaders and employees to start businesses through reform. Through money, people and mechanisms, GAC AION's new energy vehicle business has been achieved with high quality.

Zeng Qinghong: The automotive industry has entered the stage of micro-growth and elimination

Zeng Qinghong delivered a speech at the plenary session

Zeng Qinghong said that facing the future, the GAC Group will achieve the goal of one trillion GAC in 2030 and double its production, sales and operating income in about 15 years. To achieve this goal, it is impossible to rely entirely on automobiles, and will focus on five new growth points, including energy ecology, while implementing eight major actions and continuing to innovate systems and mechanisms. And with a more open attitude to unite more partners to achieve a win-win situation.

Zeng Qinghong: The automotive industry has entered the stage of micro-growth and elimination

2023 China Chongqing Automotive Forum

Finally, in order to jointly promote the healthy development of the industry, Zeng Qinghong put forward four suggestions. First, the policy is strengthened to boost market confidence and help consumption recovery; The second is to regulate market competition, effectively stabilize the automobile market, and not fight unfair price wars; The third is to accelerate the solution of the neck problem of core technology; The fourth is to create a clear and healthy external public opinion environment for China's automobile industry. The suggestion was widely resonated by the guests present.