New ideas of reform

  The disadvantages of solidified business model are obvious. With the continuous improvement of industry regulatory policies, the pace of compliance development of electric tricycles and low-speed four-wheel vehicles in the second half of 2019 is also faster and faster. Coupled with the development bottleneck of fuel tricycles, many people in the industry expect that with the implementation of government regulation, the cold winter of China's three wheel vehicle industry will remain. The dismal business performance of several tricycle manufacturing enterprises has exposed many problems, which are worthy of our reflection and summary. For example, the rapid development of the industry in the early stage has accumulated many unsolved hidden dangers.

 

 The traditional business model is being overturned. With the in-depth promotion of China's new round of tricycle industry reform, coupled with the rapid development of relevant scientific and technological innovations such as big data, Internet of things and artificial intelligence, the industry will give birth to many different traditional enterprise models in the future, and its business mode will also be greatly changed. For example, Zongshen vehicle cooperates with Aite to perfectly integrate the Internet of things and sharing mode. In this regard, Mr. Zuo Zongshen, chairman and President of Chongqing Zongshen industry group, also said that the transformation and upgrading of the manufacturing industry is mainly to meet the transfer of consumer demand in the market. At present, the consumer Internet has been basically completed, and the cross-border integration and interconnected industrial Internet will be a direction of manufacturing transformation.

 

 The combination of emerging Internet technology and tricycle industry will bring disruptive changes to the whole industry. It is believed that since Zongshen, more and more enterprises will innovate a variety of enterprise development models in the fields of electric (two wheeled, three wheeled and four wheeled) vehicles, energy big data and third-party services, promote the opening of emerging markets and the upgrading of traditional industries, and form new economic growth points.

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