How to see the trend of Electric Vehicles?

The trend of Electric Vehicles can be analyzed from the following aspects:

1.Coordinated development of electrification, networking, and intelligence

With the rapid development of technologies such as 5G, Internet of Things, and artificial intelligence, these advanced technologies are gradually playing a role in the automotive field, especially in the field of new energy vehicles. In the future, the Electric Vehicles industry will develop in a coordinated manner towards electrification, networking, and intelligence.

2.Mandatory standards and recall supervision will become safety insurance

For the safety of Electric Vehicles, there will be stricter regulations and standards to protect the rights and interests of consumers.

3.”Electric-passenger, fuel cell-commercial” is the trend

Electric Vehicles, plug-in hybrid (including extended-range) vehicles, fuel cell vehicles and fuel cell vehicles will play an important role in different application scenarios according to their respective technical and functional advantages.The integration of power exchange and charging may become the best model: In the future, EV charging stations and power exchange models may be integrated to provide more convenient charging services.

4.Concentration of giants will remain in place for a long time in the future

As competition in the Electric Vehicles market intensifies, the concentration of giants is likely to remain in place for a long time to come.

5.Sales are expected to increase by more than 30% in 2024

According to the “Electric Vehicle Industry Development Plan (2021-2035)”, by 2025, the competitiveness of China’s Electric Vehicles market will be significantly enhanced, and major breakthroughs will be made in key technologies such as power batteries, drive motors, and vehicle operating systems, and the safety level will be comprehensively improved. The average power consumption of new pure electric passenger cars has dropped to 12.0 kWh/100 km, the sales volume of new Electric Vehicles has reached about 20% of the total sales of new cars, and the commercial application of highly autonomous vehicles has been realized in limited areas and specific scenarios, and the convenience of EV charger services has been significantly improved.

In general, the trend of Electric Vehicles is to develop in the direction of more electrification, intelligence, and networking, and at the same time, safety and convenience will be further improved.Then the supporting charging equipment is also upgraded, here come in to understand Electric Vehicle charging cost.