Prospective Industry Research Institute released the "2014-2018 China's new energy automotive market forward-looking and investment strategic planning analysis report" data show that in the first quarter of 2014, China's new energy vehicle production and sales reached 6,853, an increase of 1.2 times, the speed of growth was significantly accelerated. In the first quarter, new energy cars accounted for 80% of the total sales of new energy vehicles, further demonstrating that the proportion of private consumption in new energy vehicles has increased significantly. According to relevant agencies' forecasts, sales of new energy vehicles in China will be expected to reach 35,000 units in 2014, an increase of 100% year-on-year. If you add all types of hybrid vehicles, it will reach the scale of 60,000 vehicles. Miao Wei, Minister of the Ministry of Industry and Information Technology, stated during the 2014 National Two Conferences that in 2014, the promotion of new energy vehicles was vigorously promoted, and the understanding of the industry has become more unified. The environmental pressure caused by air pollution may cause major uncertainties in the production and sales of autos in first and second-tier cities, but new energy vehicles will usher in obvious advantages. All indications are that "2014 will become China's first year of new energy vehicle consumption" and it has become a consensus within the industry. Specifically in the new energy bus industry, since entering 2014, major car companies have been overwhelming the new energy bus industry chain. According to data released by the Prospect Industry Research Institute, domestic investment in the new energy bus industry chain has exceeded 25.2 billion. Specific investment projects are as follows:

Nanjing Jinlong to invest 2 billion Wuhan Jianchun electric vehicle base In March 2014, Wuhan Mayor Tang Liangzhi met with Huang Hongsheng, chairman of Nanjing Jinlong Bus Manufacturing Co., Ltd., and the two parties reached a consensus on the establishment of a pure electric vehicle R&D and production base for Jinlong Bus in Wuhan. . Nanjing Jinlong will invest RMB 2 billion to set up a pure electric vehicle research and development base, a production base and a core component assembly base in Wuhan. It is estimated that the annual output of pure electric buses, Chinese buses and light buses will reach 10,000 units, and annual sales will reach 10 billion yuan.

Golden Dragon Automotive 177 million New Energy

On March 20, 2014, Jinlong Motors plans to invest 177 million yuan in funds to Jinlong United Company for the construction of energy-saving and new energy automobile key component industrialization projects. After the project is completed and put into operation, it will greatly increase the production capacity of Jinlong United Company, including the ability to newly increase the capacity of 6000 buses of various types, which are mainly based on energy-saving and new energy buses.

Shanghai Shenwo Bus and other 15 billion investment in building new energy vehicle bases On April 4, 2014, it was learned from the Baotou City Development and Reform Commission that Baotou City will build a new energy automotive industrial base and R&D center in Baotou Equipment Manufacturing Park in 2014. Initially drafted in the Baotou City Equipment Manufacturing Industry Park, and Shanghai Shenzhou Bus, Hafei Automobile, Shanghai Zhonglianengengchuang Technology Co., Ltd. and other companies to form a marriage of the company's capital and research institutes to jointly build the overall idea of ​​Baotou New Energy Automobile Project. The first phase of the new energy automobile project in Baotou City is planned to invest 5 billion yuan. It plans to use the existing workshop this year to build an assembly line of 1,800 new energy passenger cars per year; the second phase plans to invest 10 billion yuan in the construction of Baotou Equipment Manufacturing Industry Park. Mu New Energy Automobile Industry Base and R&D Center.

Western Resources 3.6 billion construction of a new energy bus complete industrial chain
announced on April 9, 2014 progress announcement, the object of this purchase is Chongqing Hengtong Bus Co., Ltd. (Hengtong Bus), Chongqing Transportation Equipment Finance Leasing Co., Ltd. (traffic leasing) It is planned to acquire 51% of the equity by way of capital increase and to acquire 66% equity of Chongqing Hengtong Electric Bus Power System Co., Ltd. (Hengtong Electric). On April 18, 2014, the company announced that it will raise 3.6 billion yuan from four specific objects, including controlling shareholders, and proposes to issue no more than 525 million shares to four objects, including Sichuan Hengkang, the controlling shareholder. A total of 3.62 billion yuan is used for the acquisition of assets such as Wuzhou Long Automobile and Chongqing Hengtong Bus to build a complete new energy auto industrial chain.

Guangzhou Automobile and BYD to invest 3 billion yuan of new energy bus project <br> <br> investment promotion conference in 2014, Guangzhou Automobile Group General Manager Zeng Qinghong said that Guangzhou Auto will work with BYD, a joint venture company of new energy bus. The project will be located in Zengcheng, Guangzhou. On April 23, 2014, Guangzhou Automobile Group and BYD jointly announced that they will jointly invest 3 billion yuan in the joint venture of Guangzhou Conghua to build a new energy bus project. In addition to meeting local demand, future products will also be exported. “Guangdong and Guangzhou have plans to promote new energy buses. By 2015, Guangdong will invest 55,000 vehicles and Guangzhou will invest 10,000 vehicles.” Zeng Qinghong said GAC and BYD’s strong alliances are mainly based on the market in Guangdong. It plans to invest 10,000 new energy buses in Guangzhou and 30,000 in Shenzhen.

BYD invested RMB 1.5 billion in building a new energy bus base in Hangzhou On April 23, 2014, Wang Chuanfu had just signed an investment agreement with Guangzhou Conghua Municipal Government and GAC Group on the investment in the new energy bus project in Guangzhou. After 6 days, he immediately rushed to Hangzhou. Signed a strategic cooperation framework agreement with the Hangzhou Municipal Government to promote the promotion and application of new energy vehicles and industrial development. In this cooperation, BYD selected the new energy bus Hangzhou production base in the core block of the Yuhang manufacturing base. The total investment of the project is 1.5 billion yuan, and it is estimated that it will produce 3,000 pure electric buses annually.


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