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ICE vs FCV vs EV, page-10

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    Morgan Stanley: optimistic about new energy vehicle battery suppliers
    2019-07-10 11:30:37

    China Securities Network

    Chen Xiaogang
    Morgan Stanley released a research report on July 10, saying that China's new "new energy vehicle dual-point mechanism" will constitute "very good" for new energy vehicle battery supplier stocks.

    On the 9th, the official website of the Ministry of Industry and Information Technology released the "Parallel Management Measures for the Average Fuel Consumption of Passenger Vehicle Enterprises and New Energy Vehicle Points", that is, the amendment of the "Double Integration Mechanism for New Energy Vehicles" (Draft for Comment). In encouraging the development of new energy vehicles, the Exposure Draft stated: “In 2021, 2022, and 2023, the new energy vehicle points ratio requirements are 14%, 16%, and 18% respectively. New energy vehicle points for 2024 and beyond. The proportional requirements will be announced separately by the Ministry of Industry and Information Technology."

    Morgan Stanley analyst Lu Hongliang said in the research report that the new measures further confirm that China will continue to promote the development of the electric vehicle industry in the “zero subsidy era”. The study recommended new energy car battery supplier for the stock: Pu Taylor , uh Czech Republic shares , when the rise of technology , Ningde era (CATL) , Shanshangufen , country Xuan Tech .
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