new energy vehicle market development faster and faster, not only its own brand launched its own new energy vehicles, a lot of joint brand also launched a new energy models. In my opinion, 2020’s new energy vehicle market, domestic brands and joint venture brands may be leading the trend.
on the current new energy auto market, independent brands occupy the mainstream, such as BYD Auto, Beiqi new energy, new energy and Chery, Geely new energy, etc. . And coverage of own-brand models is very broad, basically you can find what you want products from cars to SUV car and then MPV, consumers friends. And its own brand of new energy vehicles also has a feature that the deployment of rich, cost-effective, so if the premium brand for consumer requirements are not so high friends can consider starting its own brand models.
Moreover, the joint venture brands have also introduced a lot of good new energy vehicles. For example, Shanghai Volkswagen, Passat launched a new energy version; traditional luxury brand Mercedes-Benz, BMW and Audi, etc., also launched its own new energy vehicles. Although the joint venture brand new energy models on cost-effective than their own brands, but larger joint venture brand brand influence, brand and luxury models also meet the requirements of some of the high consumer demand for friends.
Therefore, I believe, in 2020 the new energy vehicle market, domestic brands and joint venture brands should be their advantage.