Kai Kai Bus: Enhance The R & D Capability Of New Energy Bus

Safe viewpoint:

1. Investment projects are in line with the state. industrial policy Direction of development. The development of new energy vehicles can solve the problem of energy security systematically, reduce the dependence on petroleum resources, achieve the goal of saving energy and reduce environmental pollution. The development of new energy vehicles is also an important measure for China's auto industry to achieve "curve overtaking". China launched the major electric vehicle project in the "863" plan in 2001, and has initially formed " Three horizontal and three vertical The development pattern. The company's investment projects are in line with the development direction of the national industrial policy.

2. new energy The bus market is the first to start. We expect that before the battery technology breakthrough is yet to be clear, vehicle applications will mainly focus on the bus industry, especially the buses will benefit more.

1) energy saving and environmental protection products need to be used. Bus engine power and frequent start and stop, often in a low efficiency state operation, unit fuel consumption is high; energy in the operation process needs to be repeatedly recovered and released; 2) running on a fixed line, it is convenient for vehicle energy supplement and maintenance. 3) buses run in densely populated areas with high environmental protection requirements.

4) the volume of the vehicle is large, the layout of the parts is easy to design, and the technical requirements are relatively easy to achieve.

5) the bus belongs to the urban infrastructure, which is the priority development target of the local government, and the subsidy amount is high.

From the perspective of listed companies, the proportion of new energy bus sales to bus companies is relatively large, which has a positive impact on the performance of listed companies.

3, consolidate the company's new energy bus technology advantages. The company has accumulated a solid foundation for technology and brand in the field of bus and coach.

The company introduced Keith Bauer technology in Germany in 1993 and made the first luxury bus in China. Through many years of introduction and digestion and absorption, the company has mastered the most advanced technology of bus and coach in China, successfully developed all loaded series luxury passenger cars, and applied the full bearing technology to urban buses for the first time, filling the gap of China's bus industry. The "SETRA" luxury bus developed by the company represents the latest development level of the world's passenger cars. The advanced bus manufacturing technology and technology laid the foundation for the company to develop new energy bus business.