Since March, the price war in the automobile industry has continued to spread. Following BYD Auto's price reduction strategy of "electricity is lower than oil", China News Weekly reported that so far, according to incomplete statistics, more than 30 car brands have officially announced price reductions in different forms.
The “price war” in the auto market intensifies
According to CCTV News, the domestic auto market is ushering in a new round of price cuts. This wave of price cuts in the auto market is mainly concentrated on new energy vehicles, with price cuts ranging from 5% to 15%, and price drops ranging from a few thousand yuan to tens of thousands of yuan.
The Passenger Car Association analyzed that judging from the pace of price cuts, this is an astonishing level compared to history. Industry insiders said that the main reason for the price reduction is that my country's new energy vehicle companies have made rapid progress and are large in scale, and they have the price reduction strength to compete with oil vehicles.
The fuel vehicle market may come under further pressure
Data from the Ministry of Public Security show that in 2023, there will be 24.56 million newly registered cars nationwide, an increase of 1.33 million vehicles compared with 2022 and a year-on-year increase of 5.73%. Among them, new energy vehicles reached 7.43 million, accounting for 30.25% of the number of newly registered vehicles, a year-on-year increase of 38.76%. In 2023, the number of new energy vehicles in my country will reach 20.41 million, accounting for 6.07% of the total number of vehicles. Among them, the number of pure electric vehicles is 15.52 million, accounting for 76.04% of the number of new energy vehicles.
Although the proportion of new energy vehicles in the total is still low, the growth rate of new energy vehicles is still relatively fast. According to data from the China Association of Automobile Manufacturers, from January to February 2024, the domestic production and sales of new energy vehicles continued to maintain rapid growth year-on-year. Among them, new energy vehicle sales reached 1.207 million units, a year-on-year increase of 29.4%, and the market share reached 30%.
As this year's "Government Work Report" proposes to encourage and promote the replacement of old consumer goods with new ones and boost the consumption of bulk commodities such as intelligent connected new energy vehicles and electronic products, in the opinion of many industry insiders, the sales of new energy vehicles will further grow, and the sales of fuel vehicles may be further pressured.
PetroChina provides a full range of energy replenishment services

Whether it is a new energy vehicle or a fuel vehicle, you can go to PetroChina to refuel at any time.
Currently, China Petroleum's terminal business is accelerating its transformation into a comprehensive energy service provider of "oil, gas, hydrogen, electricity and electricity". By the end of 2023, PetroChina has built a total of 1,875 photovoltaic storage stations, 957 charging stations, 69 battery swap stations, 22 hydrogenation stations, and 72 comprehensive energy service stations.
PetroChina has renovated and upgraded its energy supplement business, and accelerated the completion of green and low-carbon comprehensive energy stations with multiple functions.
In Guangdong》》》
In 2023, Guangdong Sales has completed the approval of 202 charging and swapping projects, built 100 charging stations, and put 2 hydrogenation stations into operation, taking solid steps towards the strategic goal of "thousands of stations and thousands of piles".
On November 16, 2023, the first supercharging station sold in Guangdong-Shenzhen Futian District Committee Supercharging Station was officially put into operation. The station integrates the public brand logo of Shenzhen charging facilities and the image design plan of PetroChina. It has a total of 30 charging parking spaces and is equipped with one 120-kilowatt integrated dual-gun DC fast charging pile, two V2G charging piles, and 15 7-kilowatt integrated single-gun slow charging piles. The station applies fully liquid-cooled flexible supercharging technology with the advantages of being quiet and efficient. After experiencing it, car owners said that the charging equipment can achieve a range of 200 kilometers for new energy vehicles after charging for 5 minutes.
In Shanghai》》》
In recent years, Shanghai Sales has actively promoted the transformation of traditional oil product sales companies into comprehensive energy service companies, building a multi-energy service pattern of "oil, hydrogen, and electricity". Up to now, Shanghai Sales has built 2 hydrogenation stations, 5 battery swap stations, 1 off-site charging station, and installed charging piles in 12 gas stations.
On January 16 this year, the Guanhai Road Charging Station, the first off-station charging station sold in Shanghai, was put into operation. This charging station is the first off-site charging station built by PetroChina in the Shanghai area. It is equipped with 15 dual-gun DC charging piles and 5 V2G charging piles. It can provide 120 kilowatt fast charging services for 40 vehicles at the same time and is expected to reduce carbon emissions by about 372 tons per year. In accordance with the "full ecological" layout idea, the station is equipped with convenient service facilities such as Usmile unmanned convenience stores and direct drinking hot water. It is included in the taxi charging demonstration station named by the Shanghai Municipal Transportation Commission.
In Shanxi》》》
Shanxi Sales expects to put 9 charging stations into operation in the first half of this year. Shanxi Sales Taiyuan South Station comprehensive charging station was officially put into operation on January 1 this year. It is the largest charging station currently in operation by PetroChina. The station currently has a total of 40 120-kilowatt dual-gun fast charging piles and 107 40-kilowatt AC charging piles. The maximum daily charging capacity is 26,000 kilowatt-hours. It can meet the charging needs of 187 electric vehicles at the same time, and the bicycle can be charged in as fast as 30 minutes. In addition, the station is also planned to have "charging +" services such as Usmile Kunlun Hospitality convenience store, restaurant and driver's home.
In Beijing》》》
Beijing Sales has accelerated the expansion of new energy station construction and actively built an in-station and out-station service system. A total of 12 charging stations and 3 hydrogenation stations have been put into operation.
The Andao charging station, which will open in December 2023, is a "oil and electricity integration" supply station affiliated to Beijing Sales. The station is located in Sunhe Township, Chaoyang District, Beijing. It is an important place for handover of traditional taxis and online car-hailing services and energy replenishment in this area. There are 20 quick-charging guns in the station. Since its opening, the station has served more than 200 electric taxis and online car-hailing vehicles every day, with a maximum charging capacity of 6,300 kWh in a single day, which has greatly alleviated the problem of charging difficulties for electric taxis and online car-hailing vehicles in the area.
In Sichuan》》》
Since the "14th Five-Year Plan", Sichuan Sales has built a total of 48 photovoltaic projects, 151 charging stations, and 1,314 charging guns, developed a total of 320 new energy projects, and put 202 into operation. Based on site advantages and brand advantages, Sichuan Sales' new energy layout of "charging, battery swapping, hydrogenation, and photovoltaics" in Sichuan is rapidly unfolding.
On January 8 this year, Sichuan Sales Guangyuan Branch’s first charging and swapping station in Guangyuan City, Sichuan North Plaza Station, was officially put into operation. The station is equipped with a fully liquid-cooled containerized power swap station and 25 battery positions. It can provide 280 power swap services per day, and can achieve extremely fast power swaps in less than 2 minutes. Based on the characteristics and needs of the taxi industry, this station rationally optimizes the passenger flow distribution of charging and swapping stations to ensure smooth and efficient vehicle entry, battery swapping and departure processes.
In Zhejiang》》》
Zhejiang Sales has formulated a new energy development plan and a carbon peak action plan, and vigorously promoted the development of various new energy businesses such as charging and swapping, hydrogen energy, and distributed photovoltaic power generation. Currently, Zhejiang Sales has put into operation 30 photovoltaic stations, 72 charging stations and 1 battery swap station.
The Hongpu Road gas station of Zhejiang Sales Hangzhou Branch is a comprehensive functional station integrating refueling, charging, car washing and car maintenance. At present, the charging piles at the station have been installed and debugged, and the charging gun is undergoing measurement verification. It is expected to be officially put into operation in the near future. The charging station is based on the Kunlun Grid Management Platform and has 4 charging piles, which can provide charging services for 8 vehicles at the same time. The charging station enjoys Hangzhou’s new energy electricity price policy and can charge 30 kWh in half an hour.
How about it? Are you no longer worried about charging issues now? No matter you choose a gas vehicle or a new energy vehicle, Youbao has prepared a quick and good way to replenish energy for you. PetroChina will also accelerate its green and low-carbon transformation and provide everyone with more travel energy replenishment options.
In Chongqing》》》
In recent years, Chongqing Sales has put into operation a total of 60 integrated energy stations for charging, battery swapping, and hydrogenation.
Chongqing Sales has added charging services at the Nanping gas station located at the south end of the Yangtze River Bridge and will be put into operation on December 30, 2023. The station has 4 charging parking spaces and realizes fast charging through intelligent dynamic module allocation function.
Netizens’ messages》
Han Qianluo (Inner Mongolia): PetroChina is making a big move, and I can do it green and low-carbon.
Xiaoxiao: I have been driving the tram for a while. If there is no charging station at home, charging is quite troublesome and wastes time.
Day by day (Hebei): There has been a breakthrough in new energy supply, and car prices will fall. Waiting for the continuous breakthrough of new technologies.


