(Original title: Changes in the sector | New energy vehicles have received significant policy inclination, and the vehicle sector continues to rise)
Zhitong Finance APP was informed that on May 30, affected by the news that a new round of new energy vehicles going to the countryside will start to sink into the market, the A-share vehicle segment continued to rise. As of press time, Zhongtong Bus (000957.SZ) has gone out 12 Lianpan, Jiangling Motors (000550.SZ), Yaxing Bus (600213.SH) daily limit, Sinotruk (000951.SZ), Sokon (601127.SH), Ankai Bus (000868.SZ), BYD (000951.SZ) 002594.SZ), BAIC Blue Valley (600733.SH), Changan Automobile (000625.SZ) and other stocks rose and rose.
Recently, favorable policies to boost auto consumption in China have been implemented intensively, and new energy vehicles have been favored by policies. On May 27, the Ministry of Industry and Information Technology held a teleconference on boosting the industrial economy and proposed to organize a new round of new energy vehicles to the countryside, launch a number of demonstration cities and demonstration projects for information consumption, and promote the consumption of automobiles and other bulk commodities; on May 29, Shanghai issued the “Shanghai Action Plan for Accelerating Economic Recovery and Revitalization”, proposing to increase the quota of 40,000 non-commercial passenger vehicle license plates within the year, and to subsidize 10,000 yuan per unit for individuals scrapping/transferring out and purchasing pure electric passenger vehicles; On May 26, Shenzhen issued the “Several Measures of Shenzhen Municipality on Promoting the Continued Recovery of Consumption”, giving a maximum subsidy of no more than 10,000 yuan per unit to individual consumers who newly purchase new energy vehicles.
Huaxi Securities said that new energy passenger vehicles have a broad market space for sinking. In 2021, the sales of passenger vehicles in my country’s sinking market (second-tier and below cities) will account for 66.4% of the total sales, while the sinking market of new energy passenger vehicles will only account for 51.6%. The penetration rate of new energy in the heavy market has driven the total volume to further increase. It is expected that the sales of new energy passenger vehicles for the year is expected to exceed 5.3 million units. Driven by favorable policies such as new energy vehicles going to the countryside, car companies with a high proportion of the new energy sinking market are expected to benefit first, and related industry chain companies will usher in opportunities.