In order to match the current development of the new energy vehicle market, it is necessary to build a market-oriented mechanism, seek a profit balance between the upstream and downstream of the company, and realize the sustainable development of the industry chain.

　　Regarding the actual supply of cobalt, Ma Weiguo said that from now to 2020, both the supply and demand for cobalt will continue to increase, but after 2020, the supply growth rate will slow down and there will be a supply gap.

　　Regarding the overall development of the new energy vehicle industry chain in the future, Chen Yaozhong, vice president of Zhejiang Huayou Cobalt Industry Co., Ltd., said that the development of the industry chain does not depend solely on the market price of a single product such as nickel and cobalt. Under the market-oriented mechanism, how to highlight advantages in the competition with traditional fuel vehicles.

　　According to him, China's new energy automobile industry has entered a stage of rapid growth from 2016 to 2017. The healthy and sustainable development of the new energy industry chain is also very important for the stable operation of raw material market prices. "From the current decline in the proportion of cobalt raw materials used in batteries, it can be seen that the market is also seeking its own balance, so that the new energy industry will usher in real progress."

　　At present, the market price of cobalt is showing large fluctuations. When talking about the impact of cobalt raw materials on the production cost of new energy vehicles, Chen Yaozhong said that overall, the cost of cobalt raw materials in the production of vehicles is not high, but domestic New energy vehicles are currently in their infancy, so the impact of cobalt prices on the domestic new energy vehicle market is still worthy of attention.

　　Talking about the risk management of the new energy industry chain, Xu Aidong, the chief nickel and cobalt expert of Antaike Information Development Co., Ltd., said that the current development of domestic new energy vehicles has not been focused on raw materials, while foreign supply chain management is more experienced and they are developing In the early stage, it has reached long-term cooperation with raw material companies, has the awareness of locking in raw material companies, and has a professional team that uses futures tools for risk management.

　　"Although the risk management of the domestic new energy industry chain is still imperfect, companies downstream in the new energy industry chain have begun to pay attention to the impact of upstream raw material companies." Xu Aidong said that the impact of raw materials on downstream new energy companies is not only reflected in profits, It will also have an impact on the direction of research and development. Therefore, the current domestic industrial chain can share the industrial chain risks through the cooperation of upstream and downstream enterprises in the form of equity participation or alliances, especially the impact of price fluctuations.