Energy-saving, emission-reducing and environmental protection requirements push down lubrication industry upgrade

With the continuous fermentation of PM2.5 and haze weather events, the topic of energy conservation and emission reduction regained the public's perspective. Earlier this year, Beijing took the lead in the country to implement the fifth-phase motor vehicle emission standard (referred to as Beijing V), which greatly accelerated the process of energy conservation and emission reduction.

It is understood that a number of companies in the lubricants industry have introduced new products accordingly to suit changes in the consumer market and tried to achieve greater market share through word of mouth communication through the improvement of consumer satisfaction. Behind it is an escalation of service awareness that companies are following the market development trend and focusing on customer satisfaction. Zhang Chunhui, head of the Great Wall Lubricant Technology Development Department, said that the key to improving the quality of lubricants is the use of additives. Great Wall has realized the localization of a number of additive technologies and filled a number of gaps in the country. In addition, the company has realized the “service demand has been passively accepted” and “research market demand has taken the initiative” to upgrade its service awareness and allow consumers to fully experience it. Its "flat" rapid response mechanism and the benefits of service awareness upgrades.

It is reported that the implementation of the Beijing V standard has brought energy conservation and environmental protection to the agenda, and has also caused many consumers to worry about the road to the car. At present, Beijing's self-owned brand vehicles that comply with Beijing V emissions are less than 10% of the market, and some of the independent brands will spend a difficult “transition period”.  

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