Let's take a look at the timetable for prohibiting the sale of fuel vehicles in various countries and regions around the world.

Rome, Italy has banned the sale of traditional fuel vehicles since 2024.

Norway, Mexico, Paris, France and Madrid, Spain will ban the sale of traditional fuel vehicles from 2025.

Germany, Britain, Sweden, Denmark, the Netherlands, India, Iceland, Israel, Ireland, Tokyo, China, Hainan and California will ban the sale of traditional fuel vehicles from 2030.

It can be seen that in the next 10 year, many developed countries will gradually ban the sale of traditional fuel vehicles. More countries will definitely join in the follow-up.

Let's look at the annual global automobile production (including commercial vehicles and passenger cars, data source: OICA).

The annual output is about1.300 million units.

Imagine how big the market would be if these cars were all new energy vehicles.

At home, the Tenth Five-Year Plan and this year's Central Economic Work Conference have repeatedly mentioned that science and technology should be self-reliant and strengthen the country's strategic scientific and technological strength. Solve the problem of high-tech being stuck in the neck.

Compared with high technology, it is strongly supported by the state. Why do you recommend new energy vehicles here instead of the chip industry? I just worked in a memory chip company ranked third in the world for five years. Working in the automobile industry for 6 years. Name two main differences:

1, Start: The start time of chip industry at home and abroad is quite different. The United States and Japan started in the late 1950s and early 1960s, but the new energy automobile industry started at different times, basically with the difference of less than 10 years, and the real large-scale development was basically on the same track.

Moore's Law: The number of transistors that can be accommodated in an integrated circuit will double every 24 months. In other words, the performance of the chip processor doubles every two years. According to this rule, we must make more efforts if we want to catch up with foreign countries in the chip industry. New energy has not developed so fast.

Of course, I believe that with the vigorous development of the country, we will certainly be able to create great chip companies, but as far as investment is concerned, I just feel that I don't have enough vision to catch these companies.

The strong support of the same country is also the development trend of the whole world. I prefer to invest my money in the new energy automobile industry and choose the fund of the new energy automobile industry.

Some funds in the new energy industry have skyrocketed this year, but I think this is just the beginning. The real explosion must be after solving the charging problem. I believe it will bring a complete revolution to the automobile industry and really affect our lives.