The symposium of battery change mode for new energy vehicle was held June 15 in Xuzhou, Jiangsu. Data from National Big Data Alliance of New Energy Vehicles suggests that over 3 million new energy vehicles were in the system in 2019 and 900,000 vehicles are running daily. Data also suggest that new energy vehicle GVW range primarily falls under 4.5 tons.
Source: Sohu Read The Article
PSR Analysis: Many numbers are in the article, some contradictory. As one of the truck OEMs, XCMG does make some excellent points on the daily use of the battery-powered vehicle, using data collected from end-users, such as working hours, range anxiety and surprisingly, maintenance and downtime.
But I want to point out one potential issue that might travel under the radar: operating cost, more specifically, fuel cost. For large fleet owners like JD.com Inc. or SF Express, fuel cost might be a key factor in choosing a battery-powered vehicle over ICE-powered vehicle for urban delivery.
There are energy companies already working with large industrial businesses to install wind or solar power onsite to address their electricity bill issue. Once completed, giant companies like JD or SF Express will significantly cut down their operating expenses on fuel, in this case, electricity.
There is one game changer out there now. How will ICE-powered light duty trucks compete with battery-powered vehicles, when the latter runs free of charge and free of emission? What will happen to all the components suppliers for light duty trucks, especially urban delivery trucks? PSR
Qin Fen Is Business Development Manager in China for Power Systems Research.
