GWMOTOR(SH:601633) YOUNG财经 漾财经·2025-05-23 06:30Core Viewpoint - The automotive industry is facing significant challenges, with concerns about over-capitalization and unsustainable business practices leading to potential crises similar to that of Evergrande in real estate [6][7]. Group 1: Electric Vehicle Development - The industry should focus on healthy development rather than being overly influenced by capital markets, emphasizing the need for profitability and sustainable investment [3][4]. - Some manufacturers are prioritizing market valuation and stock prices excessively, which could jeopardize the industry's stability [5]. - Current losses in the electric vehicle sector are severe, indicating that a viable business model has not yet been established [7]. Group 2: Policy and Support - Government subsidies for new energy vehicles should be aligned with the goal of fostering a healthy industry, and those that are no longer necessary should be phased out [8]. - The automotive industry has been recognized as a key pillar of national development, and it is crucial to protect the investments made over the years [6]. Group 3: Future of Energy Solutions - Electric vehicles will not replace all energy sources; instead, they should be utilized in suitable scenarios, with continued support for traditional fuel vehicles [9]. - To become a strong automotive nation, the industry must provide comprehensive mobility solutions for global markets, leveraging diverse energy technologies [10].