Leaders Push for Global Cooperation to Tackle Growing Energy Crisis

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On February 24th, the 2019 Car Vision Annual Automotive Summit, hosted by Car Vision and co-organized by Miaopai and Chewang Media, with special support from Yichu Dingyin, Cheyou Headlines, and Auto Economy Network, was held at the Beijing Kun Tai Hotel. During the New Energy Forum, under the theme "Challenges and Opportunities for New Energy Vehicle Enterprises in the Post-Subsidy Era," guests discussed three key topics: "Can New Energy Vehicles Enter a Stable Development Phase?" "New Energy Layout for Travel: For Sales or Survival?" and "Can the Hydrogen Industry Become the Dark Horse in the New Energy Market?" Zhang Yi, co-founder and editor-in-chief of Car Vision, analyzed the current automotive market environment and provided insights into the future. As the rapid advancement of automotive intelligence, connectivity, electrification, and sharing continues, the auto market is entering a crucial stage of transformation and upgrading. Especially during the electrification process, driven by policy, China's new energy vehicle market is thriving. Despite the overall downturn in the 2018 Chinese auto market, China's new energy vehicle production and sales reached 1.27 million and 1.26 million units, respectively, representing a year-on-year increase of 59.9% and 61.7%, indicating strong momentum. Shi Jianhua, Deputy Secretary-General of the China Association of Automobile Manufacturers, stated that after decades of development, China's automotive market has shifted from a phase of rapid growth to one of stable micro-growth. Although the growth rate has slowed, in 2018, the domestic automotive market still maintained its position as the world's largest for the tenth consecutive year, with a stable scale of nearly 30 million vehicles. This transition from quantitative to qualitative change means that whoever has the most outstanding core competitiveness and the best product experience will capture a larger share of the limited market. The future will present both opportunities and challenges. Wang Du, Deputy Secretary-General of the China Automobile Dealers Association, commented that price wars have caused fluctuations in terminal prices, and consumers' wait-and-see attitude has made the survival environment for dealers quite difficult. At the same time, the development of automotive electrification, automation, and sharing has brought about a new technological revolution and a shift in business models. The traditional automobile industry, centered on mass production and mass sales, is gradually transitioning to a new industry model focused on meeting personalized consumer needs and mobility services. He emphasized that the transformation from traditional power-driven mobile tools to intelligent mobile service terminals driven by new energy is inevitable. Liu Lixun, founder of Car Vision, noted that the Chinese auto market in 2019 is facing numerous challenges, much like other historical turning points. These new challenges also signify new opportunities, as changes in the market environment often inspire technological innovation and integration. As a bridge connecting automakers and consumers, the Car Vision Annual Automotive Summit adheres to principles of professionalism, fairness, and public interest. By prioritizing users' voices and employing both online user reviews and offline real-vehicle test evaluations, the event aims to provide users with authentic, objective car-buying guidance. The New Energy Forum focused on the theme "Challenges and Opportunities for New Energy Vehicle Enterprises in the Post-Subsidy Era" and explored three major topics in depth: "Can New Energy Vehicles Enter a Stable Development Phase?" "New Energy Layout for Travel: For Sales or Survival?" and "Can the Hydrogen Industry Become the Dark Horse in the New Energy Market?" Moderated by Shi Jianhua, the forum featured leaders from brands like BYD, SAIC, and Hozon, who offered different perspectives on the future of new energy, sparking renewed reflection on the future development path of the industry. Finally, the summit awarded a total of 24 accolades across categories including automotive industry leaders, brands, and models.