The new version of the policy is "excellent to make up for the difference and retreat", will the demand for high energy density help the development of soft package technology?

　　The energy density and safety advantages of flexible packaging are in line with the performance improvement direction of A and B passenger cars. The continuous increase of new energy passenger vehicles creates space for the development of flexible packages. Since flexible packaging can further increase the energy density of batteries, the development of flexible packaging batteries is in line with the new policy guidance.

　　According to the 2018 new energy vehicle subsidy plan, pure electric passenger vehicles with a system energy density of 140Wh/kg or more have a 10% subsidy premium, and pure electric passenger vehicles with a system energy density of 160Wh/kg or more have a 20% subsidy premium. , Pure electric buses with a system energy density of 135Wh/kg or less can get a 10% subsidy premium, which increases the subsidy’s requirements for the energy density of the battery system. Since flexible packaging can further increase the energy density of batteries, the development of flexible packaging batteries is in line with the new policy guidance.

　　In the medium term, in the context of de-subsidization, the industry competition pattern tends to be market-oriented, and the soft-pack battery is in line with the trend of improving the endurance of passenger cars. Under the guidance of the inclusive subsidy policy from 2013 to 2016, the new energy passenger vehicle market has gradually formed. The output in 2016 accounted for approximately 62% of the total output of new energy vehicles; The output occupies half of the country, and the market cultivation has achieved initial results. Compared with passenger cars and special vehicles, passenger cars have more compact space, higher energy density and safety requirements, flexible packaging saves volume and weight, can improve driving ability, and are not flammable, which has obvious advantages. Some of the best-selling A00 and A0 models such as BAIC EC180 and Chery eQ use soft pack batteries. The energy density and safety advantages of flexible packaging are in line with the performance improvement direction of Class A and B passenger cars. The continuous increase of new energy passenger vehicles creates space for the development of flexible packaging.