GXED(SH:600617) Mei Ri Jing Ji Xin Wen·2025-04-25 10:13Core Viewpoint - The Ministry of Transport and nine other departments released guidelines to promote the integration of transportation and energy sectors, aiming for a collaborative development mechanism by 2027 and a comprehensive integration by 2035 [1][4]. Group 1: Development Goals - By 2027, the transportation sector's electricity consumption is expected to reach 10% of total energy use, with non-fossil energy generation capacity along transportation infrastructure to be no less than 5 million kilowatts [4]. - By 2035, a clean, low-carbon energy consumption system will be established, with electric energy maintaining a high proportion in the transportation sector and pure electric vehicles becoming mainstream [4]. Group 2: Green Fuel and Technology - The guidelines emphasize enhancing the production capacity of green fuels, including LNG, biodiesel, green alcohol, green ammonia, hydrogen, and bio-aviation fuel, while overcoming production technology bottlenecks [4][5]. - The promotion of energy-efficient and low-carbon upgrades for high-energy-consuming locomotives is highlighted, along with the establishment of a mechanism for replacing old locomotives [5]. Group 3: Policy Support and Market Mechanisms - Policies will encourage the local consumption of renewable energy along transportation infrastructure and support market participation for distributed renewable energy projects [6]. - The guidelines propose to exempt demand charges for centralized charging facilities using a two-part electricity pricing system before 2030, aiming to enhance user engagement in vehicle-grid interactions [6]. Group 4: Market Trends in New Energy Vehicles - In March, the penetration rate of new energy vehicles in the domestic passenger car market reached 51.1%, an increase of 8.7 percentage points year-on-year, with domestic brands leading at 72% [6]. - The retail share of new energy vehicles among mainstream domestic brands was 71.5%, while joint venture brands saw a decline to 2.8% [6].