Jan 05, 2021 09:39 PM (GMT+8) · EqualOcean
Wang Hanfeng, chief strategist and managing director of CICC, said on January 5 that in the future, the focus of investment in the new energy vehicle industry chain will shift from complete vehicles to the middle and upper reaches of the industry chain. Specifically speaking, the new car building forces have achieved a very good performance in 2020, but recently, with Tesla's announcement of the price reduction of model y, it means that the new car building forces are facing a pattern of intensified price war competition. In the next few months, new energy vehicles may account for 60% - 70% of the world's major auto shows. All kinds of automobile manufacturers will launch new energy vehicles, and the demand for new energy vehicles will release rapidly, which is more favorable for the upstream parts and components in the industrial chain.

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