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The new energy vehicles have become the most important way to catch up with and surpass others for Chinese automobile industry. The style of the key point for low carbon economy and the crucial new growth point for Chinese economy is obvious. The new energy vehicles have been promoted as the important part of the national strategy and it is expected the related support policies.
The recognition of new energy vehicle industry from local governments as well as major vehicle providers has been continuously improved, and then the auxiliary infrastructure facilities and the supply of products have elementarily formed for the current promotion and popularization of new energy vehicles. The value chain of the new energy industry goes around the core battery business and gradually extends to electrical system (drive motors and control system), complete vehicles (cars and buses) and upriver resource areas (lithium, nickel and rare-earth). The focus should be the power battery (including upriver raw materials, key accessory and battery assembly), complete vehicles such as SAIC Motor, Changan Auto, Foton, Ankai Bus, Zhongtong Bus and Baotou Steel Rare Earth. These corporations own outstanding advantages in industrialization process, industry chain depth or technology storage and the leading company in the respective industry.