Thursday, September 29, 2016

China Electric Vehicle Market Service, Trends and Forecasts to 2017

Productivity of the China electric vehicle market is moderately less. As per the statistics of national Association of Automobile Manufacturers, China’s productivity stood only around 12, 550 units in 2012. Pure electric was the key market vehicle the same year. It had an output of 11, 242 units in 2012. On the other hand, hybrid electric vehicles generated about 1, 311 units in 2012.

With the proliferation of China’s industrial regulations, this market is predicted to expand rapidly in the near future. The growth route of novel energy automotives in China has been established. In the phase spanning the ‘twelfth-five-year,’ the nation may pay more attention & priority to plug-in-hybrid & pure electric vehicles. This could boost the cumulate revenue volumes of electric vehicles.

Also, three key technical directions of electric control & motor technologies and power batteries have been established. As a form of energy-saving vehicles with intermediary technology; only hybrid vehicles (excluding plug-ins) witness privileged taxation & finance, much lesser than electric vehicles.

Regulatory aid, personal customer demands, and industry shifts have also added market sales. The vehicular industry across China has widened its esteemed & huge base of electric vehicles. This base is backed by public & private sectors. Promotion of these vehicles should result in Chinese safety & energy preservation.

Electric vehicles can lower ‘carbon dioxide’ ejections. Development of said vehicles also decreases the nation’s dependency on oil imports. These factors bode well for the China electric vehicle market and propel its earnings. With the nation’s higher car demand, its connected gasoline demand can pressurize energy security. 

China backs & fuels the growth of alternative energies. Its government planned to make the country a dominating producer of hybrid & electric vehicles by 2012. The objective met two primary requirements. The first was ecological improvements & home energy-savings. It was followed by the transformation of vehicle manufacturers into key automobile participants.

Though China has one of the biggest vehicular industries around the globe, one of its largest drawbacks is its outmoded gasoline technology. Shift to huge-scale ‘electric vehicle’ operations should make the country more competitive than the west.    

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Table of Contents:


1. Overview of Electric Vehicle Industry
1.1 Product Definition and Performance
1.1.1 Definition
1.1.2 Composition
1.2 Classification
1.2.1 Pure Electric Vehicle
1.2.2 Hybrid Electric Vehicle
1.2.3 Fuel Cell Electric Vehicle

2. Status Quo of Foreign Electric Vehicle Industry
2.1 The United States
2.2 Britain
2.3 Italy
2.4 Germany
2.5 Japan
2.6 South Korea

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