The reporter found out that in recent years, according to different subsidy policies, Young Auto has repeatedly switched among various new energy vehicle technology routes, but whether it is the short-lived "nanocarbon lithium battery" or the repeatedly named pure electric bus, it has also Or the "hydrogen engine" that has pushed it to the forefront of public opinion. Youngman Auto's new energy vehicles have always been centered on "subsidies", and have repeatedly fallen into the vortex of "subsidized subsidies" or even "cheated subsidies".

　　“Nanocarbon lithium battery” is actually a supercapacitor

　　Pang Qingnian's new energy vehicle technology path begins with "the third generation nanocarbon lithium battery".

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　　This battery technology, which Youngman Auto calls exclusive, first appeared in 2012. "The power battery invented and developed by Youngman Auto is likely to bring about the fourth industrial revolution." Pang Qianqian said at the New Energy Strategy Conference of Youngman Auto on November 4 that year.

　　According to Youngman Auto, this technology can be adjusted according to the needs of the vehicle's actual route mileage. It can be charged in 5 minutes to achieve a cruising range of 150 kilometers. Pang Qingnian called this technology "nanocarbon battery" and said that he personally participated in the research and development of this technology, but did not disclose the technical details.

　　As evidence of technological advancement, in April 2014, Youngman Auto announced that it had signed an agreement with Hong Kong Kowloon Bus to supply eight "nanocarbon lithium battery buses" to the latter. Youth claims that the bus can be charged in just 4 minutes and 27 seconds, has a cruising range of 200-300 kilometers, and can be charged 100,000 times.

　　However, this technology, which Pang Qingnian believes may bring about the fourth industrial revolution, is actually not that mysterious. In Hong Kong, this kind of bus is directly called an ultracapacitor bus, and the "UC" in its model number JNP6120UC is the abbreviation of "Ultra Capacitor".

　　Not only that, the reporter also found a bidding announcement issued in May 2014 on the official website of Youth Auto Group. The bidding project was eight pantographs used in the "Hong Kong JNP6120UC supercapacitor vehicle". In the document, Youngman Auto also directly calls it a "supercapacitor car".

　　It can be seen that the essence of what young people call "nanocarbon lithium battery technology" is the supercapacitor technology that was already being demonstrated and promoted across the country - as early as 2010, Shanghai invested in 25 supercapacitor buses.

　　When Youngman Auto vigorously promotes "nanocarbon lithium batteries", it also coincides with the relevant departments vigorously promoting hybrid buses.

　　Supercapacitor technology was considered the main technology genre for hybrid buses at the time.

　　Cao Guangping, an independent researcher on new energy vehicles, said in an interview that supercapacitor technology is included in the national "863 Plan". In the "Ten Cities Thousands of Energy-Saving and New Energy Vehicles Demonstration, Promotion and Application Project" launched in 2009, relevant units have New energy vehicles using supercapacitor technology have been studied and piloted.

　　In 2012, the Ministry of Finance and other four ministries and commissions jointly issued the "Notice on Expanding the Scope of Demonstration and Promotion of Hybrid Urban Buses". Driven by policies, the market promotion of hybrid buses has begun to accelerate. As of mid-2013, there were about 16,000 hybrid buses in the market, of which supercapacitor hybrid buses accounted for about 74% of the market.

　　However, in September 2013, the Ministry of Finance and four other ministries and commissions issued the "Notice on Continuing the Promotion and Application of New Energy Vehicles", providing a fixed subsidy of 150,000 yuan for supercapacitor buses, which is less than one-third of that of pure electric buses. Since then, supercapacitor buses have been replaced by pure electric buses based on lithium batteries, and "nanocarbon lithium batteries" for youth cars, which have not exceeded the scope of supercapacitor technology, have gradually faded out of the market. In 2015, 38 fast-charging buses based on "nanocarbon lithium battery" technology produced by Youngman Auto were put into operation in Jinhua, Zhejiang. Since then, there is no information about similar products of Youth Auto being used elsewhere.

　　Pure electric buses have been repeatedly named for suspected "subsidy fraud"

　　It is worth noting that the eight Youth Auto supercapacitor buses purchased by Hong Kong Kowloon Bus in 2014 have been partially in the testing stage. It was not until May 27 this year that the eighth bus with license plate number WD5601 was officially put into operation in Hong Kong.

　　Obviously, "nanocarbon lithium batteries" failed to drive the "fourth industrial revolution", and Youngman Auto has focused its products on pure electric buses, which is also the area with the most subsidies.

　　Since 2014, the sales of pure electric buses have begun to grow significantly. Dong Yang, executive vice president and secretary-general of the China Automobile Association, once said that looking at various automobile policies and regulations introduced by the country in 2014, only the new energy vehicle promotion policy is the most conducive to the development of the automobile industry and has the most significant results. Although there were fluctuations during the period, by 2018, my country's pure electric bus sales had reached 96,200 units, accounting for more than 90% of new energy bus sales.

　　Under the general trend, Youngman Auto no longer vigorously promotes the "nanocarbon lithium battery" technology that is expected to bring about the "Fourth Industrial Revolution". Its new energy vehicles instead rely on battery technologies such as ternary lithium and lithium iron phosphate. The product catalog on the official website of Youngman Auto shows that among the more than ten new energy models currently on sale at Youngman Auto, almost all of the power batteries use ternary lithium and lithium iron phosphate batteries. Only one car uses "nano carbon lithium battery" technology.

　　However, the development of Youngman Auto in the field of pure electric buses is not smooth. Data shows that Youth Bus is not among the top ten pure electric bus manufacturers in 2018. On the contrary, Youngman Auto's pure electric buses have been repeatedly suspected of "cheating subsidies".

　　The administrative penalty decision issued by the Ministry of Industry and Information Technology on January 24, 2017 shows that in September 2016, the Ministry of Finance sent a copy of the "Decision of the Ministry of Finance on the Special Inspection of Subsidy Funds for the Promotion and Application of New Energy Vehicles of Jinhua Youth Automobile Manufacturing Co., Ltd." to the Ministry of Industry and Information Technology. , confirmed that Jinhua Youth Automobile Manufacturing Co., Ltd. sold 245 new energy vehicles to Shanghai Bus (Group) Co., Ltd. in 2014. The actual installed battery capacity was less than the announced capacity and was inconsistent with the announced parameters of the model. The decision stated that in accordance with relevant laws and regulations, the company was given administrative penalties such as canceling the "Announcement" on the problematic model products, suspending the company's application for the qualification of recommended models for the promotion and application of new energy vehicles, and instructing Jinhua Youth Automobile Manufacturing Co., Ltd. to conduct rectifications for a period of two months.

　　In April this year, the "2017 New Energy Vehicle Promotion and Application Subsidy Fund (Supplementary) Liquidation Review Final Vehicle Information Form" released by the Ministry of Industry and Information Technology showed that Youth Auto applied for a subsidy of 74.17 million yuan for a total of 343 new energy buses of seven models in 2017. All were reduced because, except for a few vehicles that were not connected to the national regulatory platform, the driving mileage of most vehicles did not exceed 20,000 kilometers.

　　However, the seven new energy bus models mentioned above that were approved by the Ministry of Industry and Information Technology all passed the review in Jinhua City. In May 2018, Youngman Auto received a subsidy of 75.68 million yuan from Jinhua City for 350 new energy buses sold in 2017.

　　"We help him (Pang Qingnian) actively fight for subsidies for new energy. As long as he (Pang Qingnian) sells the car, we will help him get subsidies." Chen, member of the Party Working Committee and deputy director of the Management Committee of Jinhua Economic and Technological Development Zone Hong said in an interview with The Paper and others on May 28, “Whether it is an outstanding company or a company in difficulty, our GSP policy will treat them equally and we will not deny it to you because of your difficulties.”

　　Transform to hydrogen power and find another “growth point” for subsidies

　　Around 2012, "nanocarbon lithium batteries", which are actually supercapacitor technology, received policy subsidies for hybrid buses; after 2014, pure electric buses were launched, and young people once again took advantage of the subsidy policy. By 2015, with the country's policy tilt towards the fuel cell field, the new energy technology path of young cars has changed again.

　　In April 2015, the Ministry of Finance and other four ministries and commissions jointly issued the "Notice on Financial Support Policies for the Promotion and Application of New Energy Vehicles from 2016 to 2020", which excluded fuel cell vehicles from the appropriate decline in vehicle subsidy standards from 2017 to 2020. In addition, this means that from 2016 to 2020, the subsidy standards for fuel cell models are expected to remain at 200,000 yuan/vehicle for passenger cars, 300,000 yuan/vehicle for light passenger trucks, and 500,000 yuan/vehicle for large and medium-sized buses and medium- and heavy-duty trucks. /vehicle.

　　The official website of Baiying Energy International Company, whose English name is Bing Energy (currently its official website has been suspended), shows that Chen Rong is the chairman and CEO of the company, and the core technology related to fuel cells comes from the College of Engineering of Florida State University.

　　Compared with batteries, the construction cost of fuel cell vehicle infrastructure is high. Data shows that as of 2018, China has a total of 25 hydrogen refueling stations, but most of them are only used for refueling demonstration vehicles and have not yet achieved full commercial operation.

　　Hubei University of Technology's "vehicle hydrolysis hydrogen production" technology, which has received multiple patents, gave Pang Qianqiang the opportunity to make up for his shortcomings in hydrogen production and hydrogenation. According to a news release on the official website of the Hubei Provincial Key Laboratory of Green Light Industrial Materials at Hubei University of Technology on May 20, 2018, the Dong Shijie team, which holds vehicle-mounted aluminum alloy hydrolysis hydrogen production technology, signed a cooperation agreement with Youth Automobile Group.

　　At this point, Youngman Auto has fully mastered the two key technologies of hydrogen fuel cells - battery stack and on-board hydrogen production. Seven months later, on December 28, 2018, Youngman Auto’s hydrogen energy vehicle project officially settled in Nanyang.

　　Although the controversial "water hydrogen engine" product has not yet appeared in the product catalog, the Nanyang Municipal Government has become a major customer of Youngman Auto's existing new energy vehicle products.

　　An announcement from the local government shows that in March this year, Nanyang Public Transport Corporation purchased a batch of new energy vehicles from a single source. The supplier was Nanyang Lotus. The products were Youth brand JNP6103BFCEV fuel cell city buses, totaling 72 vehicles. The unit price is 1.2 million yuan, and the total transaction amount is 86.4 million yuan. According to current policy estimates, these vehicles are expected to apply for policy subsidies of up to 36 million yuan.

　　From supercapacitors to pure electrics, to hydrogen fuel cells and "hydrogen engines", the new energy technology route of young cars is constantly changing. Is it a change that conforms to the technological trend? Or is it just following the trend of the subsidy policy? Perhaps only Pang Young Man can give the answer to all this.

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