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Home ◇ Industry News ◇ Electric Vehicles are Becoming the Next Vane of China's Renewable Energy Industry
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Electric Vehicles are Becoming the Next Vane of China's Renewable Energy Industry
Source: | Author:Xi'an Echo International | Published time: 2038 days ago | 1304 Views | Share:
      
      The so-called "new energy" basically refers to electrification. At present, there are indeed many unresolved problems with electric vehicles. The most intuitive thing is that it lags far behind traditional fuel vehicles in terms of ease of use. It only takes 5 minutes to refuel, but it takes 5 hours to charge. Considering this disproportionate time consumption and the fact that the mileage of electric vehicles is not as good as that of fuel cars, many people have expressed some extreme views on the issue of electric vehicles.


      However, because there is a serious shortage of oil supply in most countries around the world, the solar, wind, and hydro energy that can be used to generate electricity on these lands is actually not fully developed and utilized. Especially countries like China with rich coal resources can also use new technologies to convert them into clean thermal power. With these foundations, most countries will naturally take the path of using as little fuel as possible.


      Now that China has chosen this path, it must take an independent and world-leading technological route. Therefore, in addition to encouraging the development of electric vehicles, the country has also actively attracted investment from foreign companies to further increase the development speed and iteration frequency of China's electric vehicle industry.


      In the case of batteries, from lithium iron phosphate to ternary lithium to lithium iron phosphate blades, BYD’s R&D iteration can dilute R&D costs through a sufficiently large market. The birth of the blade battery further stabilizes BYD's leading position in power batteries.


      And once an industry leads the world, it will of course bring the concentration effect of capital and technology. In fact, the only country that can truly lead the world in the electric vehicle industry in the future, and is most likely to achieve the same usability of electric vehicles as fuel vehicles is China.