The three policy arrows are launched simultaneously! Exports surge by 110%, boosted by supportive policies, and funds are beginning to allocate to high-quality leading companies.

Ask AI · How do new policies and regulations promote technological upgrades in the new energy vehicle industry?

On April 1st, the new energy vehicle ETF (159183) showed a volatile trend, rising 0.20% as of the latest report. The constituent stocks had mixed gains and losses, with clear differentiation along the industry chain. Among the large-cap stocks, BYD fell more than 2%, while CATL rose nearly 1%. In other leading segments, Huayou Cobalt and Sanhua Intelligent Controls gained over 2%, Inovance Technology rose over 1%, and Ganfeng Lithium and Tianci Materials saw slight declines.

Based on real-time Wind-Level-2 data during today’s trading, it is estimated that the new energy vehicle ETF (159183) received a net inflow of 1 million yuan, indicating that funds are beginning to position in high-quality leaders along the new energy vehicle industry chain.

On the news front, multiple new regulations have been implemented today, accelerating industry standardization.

1. Recycling system standardization: The “Interim Measures for the Management of Recycling and Comprehensive Utilization of Waste Power Batteries from New Energy Vehicles” took effect today, clarifying that scrapped new energy vehicles must be “vehicle and battery integrated,” and private disassembly is strictly prohibited. This marks a new stage of full-chain digital management for power battery recycling in China, benefiting battery leaders and material companies with recycling capabilities.

2. Energy storage standards upgrade: The national standard “Design Standards for Electrochemical Energy Storage Power Stations” was implemented today, adding design specifications for sodium-ion batteries, water electrolysis hydrogen production, and fuel cells. Sodium-ion and hydrogen energy storage are officially incorporated into national standards, helping accelerate the industrialization of new energy storage technologies and providing technical synergy for the new energy vehicle industry chain.

3. Export policy adjustments: Starting today, the value-added tax export rebate rate for battery products was lowered from 9% to 6%. In the short term, this may impose cost pressures on low-end export companies, but in the long run, it is conducive to optimizing export structures, shifting the industry from “price wars” to “technology wars,” and accelerating the elimination of less competitive players.

Academicians from the Chinese Academy of Sciences stated that new energy vehicles have entered the “Innovation 2.0” stage, and a new cycle of high-quality development led by innovation will begin around 2026. The next wave of technological innovation will focus on seven major areas: all-solid-state batteries, full-line control chassis, fully autonomous driving, among others. The technological threshold will be raised again, and the follow-the-leader model will become less effective, with innovation likely to reassert market dominance.

CITIC Securities believes that the lithium battery industry chain is currently in a peak season of “volume first, price follow.” Although domestic sales face short-term pressure, exports of new energy vehicles in March increased by 110% year-on-year, demonstrating strong export performance. Coupled with the rising electrification rate of commercial vehicles, the installed capacity of power batteries remains year-on-year growth, and overseas demand is expected to become a core support for the industry.

Guotai Junan points out that the solid-state battery industrialization process is accelerating. The technical pathways are gradually converging, with sulfide electrolytes becoming mainstream. It is expected that small-scale vehicle installation will be achieved by 2027, and mass production will begin by 2030. Additionally, emerging scenarios such as low-altitude economy and humanoid robots are opening significant incremental space for battery technology.

Data shows that the new energy vehicle ETF (159183), tracking the CSI New Energy Vehicles Index, covers high-quality leading companies in lithium batteries, charging stations, and new energy complete vehicles. The index emphasizes core segments such as battery chemicals (24.7%), lithium batteries (17.7%), lithium (9.2%), and electric passenger vehicles (8.8%), focusing on the entire new energy vehicle industry chain.

The policy dividends that are being rapidly implemented are helping to build a more standardized and sustainable development environment for the industry. Driven by strong exports, technological iteration (solid-state batteries), and expansion into emerging application scenarios, new energy vehicles are poised to seize opportunities. The new energy vehicle ETF (159183) focuses on the entire industry chain, including vehicle manufacturing, power batteries, and key components.

Risk reminder: Funds are subject to risks; investment should be cautious.