Buy a fuel car before it's too late, as car companies fully transition to electrification, including Honda

Another car company is about to make a full transition to electrification. Recently, Honda Motor announced that it will achieve 100% sales of electric cars and fuel cell cars in 2040 to achieve the goal of carbon neutrality. Up to now, there are no less than 10 traditional car companies to electrification transition, including Jaguar, Volvo, Bentley and so on. The transformation of these car companies, is it a strategic layout, or a general trend?

Is a full-scale transition to electrification the trend?

Honda's comprehensive electrification strategy is divided into three steps, 2030 plans to reach 40% market share in pure electric and fuel cell vehicles, 2035 to reach 80%, until 2040 to achieve 100% electrification transition. In order to realize the transition plan, Honda Motor intends to invest about 301.5 billion yuan, and launched 10 pure electric models in five years.

Honda is not the first traditional car company to make a full transition to electrification. Earlier this year, Volvo Cars and Jaguar Cars both said they were making changes to their businesses, with Jaguar planning to be an all-electric brand from 2025, and Volvo's timeframe is 2030.

Other car companies did not explicitly put forward a comprehensive electrification transition plan, but also accelerated the electrification strategy layout, the next 5 years or 10 years will vigorously launch pure electric models, such as Nissan plans to enter the main market in early 2030 will realize the electrification of the models, Daimler's electric car sales in 2030 accounted for more than half of the share of new car sales.

The reasons that have contributed to the comprehensive transformation of traditional car companies to electrification, can not be separated from the three major aspects, the first is the market trend, now the new energy vehicle has become the new wind direction of the development of the global automobile market, in the domestic market sales of new energy vehicles are also growing significantly, the market sales of this year's January-March reached 437,000, a strong year-on-year increase of 302.9%, even compared to 249,000 vehicles in 2019, there is a large increase in sales. There is a large increase in sales.

Then the pure electric vehicle technology is becoming more and more mature, the global new energy vehicle automotive industry has been developed for many years, the entire industrial chain of technology is also more mature than the year, to 2025, I believe that the technology will be more advanced and reliable, by then, car companies to build a pure electric vehicle products in the energy density, range performance and safety performance can be guaranteed, which also gives the car companies to vigorously develop a pure electric vehicle enough backbone.

The last aspect is that the relevant departments of the electrification of automobile enterprises is more and more demanding, such as the European Union, has the world's most stringent emissions policy, requiring automobile enterprises to reduce the carbon dioxide emissions of the car by 37.5% in 2030, and not to meet the standard will be faced with heavy fines. Japan, on the other hand, is striving to stop selling traditional combustion vehicles in Tokyo by 2030, and even China hopes that by 2025, new energy vehicle sales will account for more than 25% of total vehicle sales. These are the main reasons for the strong transition to electrification, and the transition nodes of the car companies also correspond to the time of the policy.

Will electrification be the ultimate solution?

Under the influence of market demand, policy promotion and other factors, accelerating the transformation of electrification has become a strategic choice for car companies, and even many technology companies have joined the new energy vehicle track, so does this mean that pure electric vehicles are cars is the ultimate solution?

The answer depends on the specific situation. As we all know, the direction of development of any thing is more efficient, more convenient, to bring a better user experience. The advantages of pure electric vehicles over fuel cars are obvious: zero emissions, better acceleration, lower maintenance costs, better driving experience, etc. Many pure electric car users say they don't want to drive a fuel car after driving a pure electric car.

But the current pure electric vehicles also have disadvantages, replenishment efficiency is not as fast as refueling, the range is not as good as traditional fuel vehicles, even though the theoretical range of many pure electric vehicles is now more than 600km, 700km, but the actual use of a big discount, especially in winter, the actual range of half of the models abound, coupled with the charging piles are not as well laid out as the gas station as of 2020, China's vehicle pile ratio of about 1.2% to 1.2%, the number of vehicles with the same range is about 1.2%, the number of vehicles with the same range is about 1.2%. As of 2020, China's car pile ratio is about 3:1, that is, 3 electric cars use 1 charging pile, which also leads to the charging pile in short supply, so the convenience of pure electric car is not as good as the traditional fuel car.

For pure electric vehicles in the range and charging problems, the major companies are gradually solving the problem, many car companies are planning to launch a range of up to 1,000km of pure electric vehicles, while the number of charging piles in China is also increasing, according to the data released by the China Electric Vehicle Charging Infrastructure Promotion Alliance, as of March 2021, the alliance members reported a total of 85.1 million charging piles of public *** class, and the number of charging piles has increased to 1,000km. ** class charging pile 851,000 units, of which from April 2020 to March 2021, the average monthly new public *** class charging pile about 25,700 units.

I believe that in the future, the number of charging piles will continue to increase, earlier Sinopec also said that it will take advantage of the network of more than 30,000 gas stations across the country, the layout of the charging business in an integrated manner, the layout of oil and electricity power supply station through the alteration of a variety of ways, and other ways to plan in the 14th Five-Year Plan, the construction of 5,000 charging and switching power stations. If the number of charging piles in the future will be more than the number of gas stations, then the convenience of replenishment is expected to exceed the fuel car, after all, now refueling many times also need a long queue.

If pure electric cars are just a transition, who will replace them?

Ideal is full, the reality is bone, even though many parties are vigorously promote the development of pure electric models, but do not rule out the future is limited by a variety of difficulties, pure electric vehicles is only a transition. It is important to know that China's electric energy is also as dependent on fossil fuels as automobile fuels. Statistics show that thermal power generation accounts for more than 70% of the country's total electricity production. That is, more than 70% of our electricity is obtained by burning coal.

Burning electricity pollutes the environment, but people still say it's energy efficient because the electricity from pure electric vehicles is processed in coal-fired plants, and the emissions are mainly sulfides, nitrogen cyanide, soot, and so on, which are more environmentally friendly than the pollutants emitted by fuel cars, such as carbon monoxide, nitrogen oxides, and particulate matter. If a more environmentally friendly fuel will appear in the future, do not rule out the possibility of replacing pure electric vehicles.

The greener fuel is likely to be hydrogen. Hydrogen energy comes from a wide range of sources and has non-polluting emissions, which is better than gasoline and electricity, and car companies such as Toyota, Hyundai, and General Motors are currently making some headway in the field of hydrogen-powered cars. The main reason why hydrogen has not been popularized is that the drawbacks are also very big. Because of its extremely low density, hydrogen is flammable and explosive, so there are great risks in manufacturing, filling, storing and transporting. If a company can overcome the problems of hydrogen in the future, replacing electricity is not impossible.

Pure electric vehicles and hydrogen vehicles, who is the ultimate solution to new energy, it is difficult to conclude, but it is certain that, with the increasing attention to environmental protection around the world, policy support, the future of pure electric vehicles is expected to usher in the peak sales. The car companies comprehensive transformation of electric vehicles is both the development of the times, but also does not rule out the situation forced, after all, the penalty is not low.