What are the main factors affecting the development of automobile industry?

The main factors affecting the development of automobile industry are:

First, geopolitics.

Geopolitically, political power is shifting from the west to the east, and China will gradually become the largest economy. The long-term positive trend of China's macro-economy is the basic driving force for China's automobile industry to truly exert its potential. In the past 30 years, China's economic growth has aroused great concern, and China is currently undergoing a transition to sustainable development.

Second, the increase of population and income will improve consumers' spending power, and the improvement of urbanization level means that the demand for light vehicles will gradually strengthen.

In China, although urbanization has brought some restrictions on the growth of automobiles in big cities such as Beijing and Shanghai, such as the purchase restriction policy, there are more than 50 cities in China with a population exceeding 1 10,000. Therefore, from a broader perspective, the impact of such a purchase restriction policy on the entire automobile market in China is limited. By 2035, it is estimated that more than 70% of the population will live in cities, so there are still many potential automobile markets in China. By 2020, the middle class population in China is expected to reach 700 million. With the increasing demand of more and more middle-class consumers, they need to replace their first car and choose higher-priced cars, such as luxury brands.

Third, sustainability.

Governments all over the world are promoting some environmental policies. China government will vigorously promote the new energy industry in the future, and automobile manufacturers and suppliers are also stepping up the upgrading of existing technologies. This trend is very obvious in emerging economies, and public and private investment in environmental protection and energy-saving bases will bring new growth points to the industry. In addition, the increasingly serious traffic congestion in big cities will push policy makers to consider stricter policies.

Fourthly, with the rapid development and progress of mobile and connection technologies and the continuous improvement of advanced manufacturing technologies, broadband and network-based technologies can improve innovation capabilities.

Fifth, the material improvement represented by nanotechnology, the rapid development of fuel cell energy storage and vehicle production technology will drive the progress of automobile industry.

Sixth, the introduction of talents is also a very important factor, which is gradually affecting the entire automobile industry.