Why are domestic car companies keen on new energy electric vehicles? And joint venture car companies are still keen on fuel vehicles?

This is mainly because new energy electric vehicles and fuel vehicles belong to two completely different tracks. Judging from the current development, domestically produced cars are indeed latecomers in the field of electric vehicles and have already achieved a leading position. The reason why joint venture car companies are keen on fuel vehicles is mainly because most of their technology patents come from abroad and they do not have strong R&D capabilities. Therefore, we still need to rely on the fuel vehicle market we have accumulated in the past, which has basically formed a foregone conclusion.

First, the new energy development of domestic car companies is very fast.

The reason why domestic new energy vehicles are developing very fast is mainly due to the fact that as early as the beginning of the 21st century, we focused our main energy on new energy vehicles instead of traditional fuel vehicles. In fact, this can be seen from our domestic fuel vehicle technology patents. Most of them choose to use old patents or directly purchase foreign patents. Therefore, they can use a large amount of funds to develop new energy sources and improve the level of batteries and vehicle engines.

Second, why can’t joint venture cars choose new energy sources?

First of all, it is because fuel vehicles will not be eliminated in a short period of time. In the next 20 to 30 years, fuel vehicles will still occupy a certain market share. Therefore, for joint venture car companies, they still have room for survival and will not go bankrupt directly. Moreover, they still have a leading position in the field of fuel vehicles. The most important thing is that everyone's concept has not changed, and they believe that new energy vehicles cannot be compared with fuel vehicles.

Third, how do I view the future development direction?

Generally speaking, new energy vehicles will definitely replace fuel vehicles in the future. On the one hand, oil, as a non-renewable energy source, will become increasingly scarce in the future, and my country is a large oil importer. The current price of oil is getting higher and higher, which will naturally lead to higher and higher vehicle costs for fuel vehicles. However, with the development of new energy sources, the current cost of using electric vehicles is gradually decreasing. As a large number of cars enter the market and electric vehicle technology becomes more mature, its construction costs will become lower and lower.