On September 3, the 2026 World Power Battery Conference was held in Yibin, Sichuan. Deng Chenghao, vice president of Changan Automobile and chairman of Deep Blue Automobile, said that the smart electric vehicle industry is currently undergoing a period of deep transformation. While the market size is rapidly expanding, the distribution of upstream and downstream profits in the industrial chain is uneven, and the profit distribution mechanism in the industrial chain needs to be further adjusted. Core suppliers of batteries, chips, electronic controls, etc. and automakers should jointly share the benefits of long-term industrial development, reduce short-term games between upstream and downstream, and prevent enterprises from reducing investment in R&D and innovation in order to compete for short-term profits. The “high-quality development” of the NEV industry depends not only on sales growth, but also on whether all links in the industrial chain can continue to coexist. As far as automakers are concerned, they cannot pursue a single link to obtain excessive profits; instead, users, suppliers, and OEMs can benefit from the development of the industry through full life cycle value management.

On September 3, the 2026 World Power Battery Conference was held in Yibin, Sichuan. Deng Chenghao, vice president of Changan Automobile and chairman of Deep Blue Automobile, said that the smart electric vehicle industry is currently undergoing a period of deep transformation. While the market size is rapidly expanding, the distribution of upstream and downstream profits in the industrial chain is uneven, and the profit distribution mechanism in the industrial chain needs to be further adjusted. Core suppliers of batteries, chips, electronic controls, etc. and automakers should jointly share the benefits of long-term industrial development, reduce short-term games between upstream and downstream, and prevent enterprises from reducing investment in R&D and innovation in order to compete for short-term profits. The “high-quality development” of the NEV industry depends not only on sales growth, but also on whether all links in the industrial chain can continue to coexist. As far as automakers are concerned, they cannot pursue a single link to obtain excessive profits; instead, users, suppliers, and OEMs can benefit from the development of the industry through full life cycle value management.