In recent year, new energy vehicles are very hot, but in my eyes, this is a bubble plate! From the perspective of long-term investment, as long as the bubble, whether it is the industry or individual shares, will eventually burst, will be towards the value to return!

The new energy car, in fact, the essence of the car, the change is only the fuel engine into a battery, other performance is actually little change, why the domestic to promote it so vigorously? The reason is the lack of oil in China, China's long-term imports of oil, that is, the throat is actually controlled by oil-producing countries, coupled with the continuous breakthroughs in battery technology in the past few years, so the battery replacement oil has become possible, and the cost of both is also approaching, more importantly, the battery industry chain from raw materials to manufacturing, an industry chain in China are grasping!

In fact, this is the same as the mobile phone industry chain, our country is taking the road of domestic production, so the development of the automotive industry is also new energy vehicles this route, so in the strategic point of view, the future of strong support is very normal!

But in China there is a strange phenomenon, is the more support the industry, the industry is actually basically a loss, are relying on subsidies to live! This point in fact we look at hydropower and photovoltaic will know, photovoltaic constant subsidies, down a large number of, hydropower as long as the construction of a dam, is a money machine, basically did not hear which hydropower companies closed down!

And this is not just a car company problems, but the entire industry is the problem, is the production line is updated quickly, but most of the final profits are used to build production lines, enterprises rarely have a capital surplus, when encountering difficulties, even the state-owned central enterprises of automotive enterprises, there are often huge losses!

When I see this I understand why there are only two or three leading car companies in the world, that is, the future of China, the automotive industry on the scale of no more than ten, each of the end is a variety of high and low models, forming an invisible market monopoly, but now count the car companies, you can count out too much!