SMM News: The words "rare earth", "new energy vehicles" and "integrated development" appear more and more frequently in the media. The reason is mainly because with the country's increasing emphasis on the development of environmental protection and energy saving industries, rare earths will form a huge potential for integration and development in the field of new energy vehicles.
On December 3, the Ministry of Industry and Information Technology announced the “Development Plan for New Energy Vehicle Industry (2021-2035)” (draft for comments). This plan will change the proportion of new energy vehicle production and sales from the original plan. 20% to 25%, the specific approach is that by 2025, China will increase the sales of new energy vehicles from 20% announced in 2017 to 25%, indicating that the Chinese government decision-making requirements to accelerate the development of new energy vehicles.
China's increase in new energy vehicle production and sales goals means that in the next ten years, it will have a significant impact on the map of the automotive industry in China and foreign markets. It is not only China that will become the world's largest new energy vehicle in determining the target of new energy vehicle growth The selling country must also make China's new energy vehicle industry a strong industry beyond the European and American markets by strengthening energy conservation and emission reduction. As a related industry of new energy vehicles, the rare earth industry will follow the trend.
Judging from some data, since the emergence of new energy vehicles in China, the use of rare earths has increased exponentially due to the close connection between rare earths and new energy vehicles. At the same time, the integration and development of the rare earth industry and new energy vehicles is becoming more and more obvious, and government policy-makers are paying more and more attention to this issue.
On September 20, the National Rare Earth New Energy Vehicle Industry Alliance was established in Baotou, Inner Mongolia. It is reported that the formation of the alliance is based on the principles of "government guidance, business operation, complementary advantages, and joint development" to promote new energy vehicles and rare-earth industry chain upstream and downstream enterprises, build a rare-earth new energy vehicle industry inspection, research and development, manufacturing and operation platform to accelerate Promote the implementation of new energy vehicle complete vehicle and core components industrialization projects, and eventually the rare earth industry and new energy vehicle industry will complement each other and develop in a coordinated manner.
On November 1, the Department of Raw Materials Industry of the Ministry of Industry and Information Technology and the Equipment Industry Department jointly organized a working conference on the upstream and downstream cooperation mechanism of rare earth permanent magnet materials for new energy vehicle drive motors. The meeting discussed the application of cerium magnets in driving motors and the application of rare earth permanent magnets for new energy vehicle driving motors. It is believed that the current country attaches great importance to the development of new materials industries, which is the deep involvement of rare earths in the integration of new energy vehicles. Development brings unprecedented opportunities.
Judging from the situation reflected by the above two information, new energy vehicles driving innovation and development need strong new materials-rare earth support, because the rare earth industry will be the guarantee for the development of new energy vehicles.
In the integrated development of the rare earth industry and new energy vehicles, the competition and cooperation between enterprises have changed, the number of enterprises in the integrated industry has continued to increase, and corporate innovation and flexibility have been elevated to a new strategic level. At the same time, the integration of the rare earth industry with the new energy vehicle industry also poses new challenges to the company's development strategy.
The development of new energy vehicles is bound to become a major trend in the future development of the automotive industry. The development of this industry is bound to drive the vigorous development of a large number of related industries such as the rare earth industry. Especially for hybrid vehicles, electric vehicles, and fuel cell vehicles, miniaturization and high-power drive motors are necessary, and now these motors use a large amount of rare earths.
Of course, the development of the new energy vehicle industry is a long-term process, and the establishment of integrated development involving upstream and downstream enterprises is an accelerator to accelerate the industrialization process. From the perspective of efficient use of rare earth resources, creating greater industrial integration should be the direction of future national policies, and the government decision-making layer as the country's implementation of the integrated development of the rare earth industry and new energy vehicles should be the main starter and bear greater duty of.
