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What opportunities and challenges will the construction machinery industry face

Mar 24, 2021

my country's carbon dioxide emissions are striving to reach a peak by 2030, and the "carbon peak" has been spread from the Central Economic Work Conference to all walks of life. As a large carbon dioxide emitter, our construction machinery, what opportunities and challenges will my country's construction machinery face in the next 10 years?


Everyone knows that carbon dioxide produced in human life and work is an important factor in causing the greenhouse effect and sudden changes in the world's climate. Also, the global problems that mankind faces together, carbon dioxide emissions, the greenhouse effect, and the earth ecology we live in have a profound impact. Although my country is a developing country, as a responsible power, in the general debate of the Seventy-fifth UN General Assembly, my country made a clear commitment to adopt stronger policies and measures to strive for the peak of carbon dioxide emissions in 2030 and achieve it by 2060. Carbon neutral. The Central Economic Work Conference of our country also made "Doing a Good Job in Carbon Peaking and Carbon Neutrality" a key task next year for the first time.


What do you mean by "carbon peak"?


Although "carbon peak" has become a hot word in everyone's mouth, what does "carbon peak" mean? I'm afraid not everyone can understand. My second uncle checked relevant information and found that "carbon peak" refers to a country, region or industry’s annual carbon dioxide emissions reaching the highest value in history, and then experiencing a plateau period and entering a process of continuous decline, which is the change in carbon dioxide emissions from increasing to decreasing. Historical turning point.


The impact of "carbon peak" on my country's construction machinery industry


my country has made a clear commitment to achieve a "carbon peak" in total carbon dioxide emissions by 2030, and that carbon dioxide emissions will no longer increase in the future and will gradually decline. As a major carbon dioxide emitter, the construction machinery industry will undoubtedly face great opportunities and challenges.


1. High-consumption and low-efficiency construction machinery and equipment will disappear from the market


From the implementation of more and more stringent National III emission verifications throughout my country to the lower-carbon National IV standards, when we enter the major construction sites, we will never see the thick black smoke and the sound of shaking the sky. The scene of the earth. We have reason to believe that the high-consumption and low-efficiency non-compliant construction machinery and equipment on the market will gradually disappear from the Chinese market.


2. Green and efficient energy will become the fundamental driving force of the construction machinery industry in the future


Carbon peaking will eliminate traditional high-pollution and low-efficiency traditional energy sources from the market, and greener and more efficient electric and hydrogen energy will enter our work and life. The global manufacturing industry chain will carry out new international cooperation, international division of labor, and form a new industrial pattern. The electric vehicle company Tesla’s revenue from the sale of carbon emission credits in 2020 is 1.4 billion U.S. dollars, and the Chinese electric vehicle company NIO (NIO) .N) The revenue from the sale of carbon emission quotas for automobiles in 2020 is 100 million yuan. Who would have thought that the revenue from selling carbon emission quotas has become a new starting point to support the rapid growth of these companies. Carbon trading will bring changes to all manufacturing industries, including construction machinery, and more efficient electric or hydrogen-powered construction machinery is coming to our eyes more and more.


3. Low-carbon technology provides the possibility for my country's construction machinery companies to overtake on corners


It is foreseeable that the competition of construction machinery companies in the future will also rapidly shift from traditional power to new energy sources as in the automotive industry. New forces similar to Tesla's in the auto industry quickly came to the fore, and it also gave my country's construction machinery companies the opportunity to overtake the traditional construction machinery giants.


My second uncle believes that our construction machinery industry, as a major carbon dioxide producer, will undoubtedly face unprecedented opportunities and challenges in the context of my country’s commitment to achieve the "carbon peak" in 2030.