DUBLIN—The "New Energy Vehicle Market in China 2017-2021" report has been added to Research and Markets' offering.
The new energy vehicle market in China to grow at a CAGR of 36.13% during the period 2017-2021.
New Energy Vehicle Market in China 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
New energy vehicles (NEVs) are the vehicles enabled with an electric powertrain and powered through a battery. These vehicles can bring down near to zero emissions and can achieve up to 100% propulsion by electricity. Hence, China is pushing the adoption of more NEVs to bring down the dependency on oil fuels from the Middle East, reduce fuel emissions, and bring low-cost safer vehicles on the road.
According to the report, one driver in the market is cost reductions in electric powertrain components. The main components in electric powertrain compared to conventional ICE vehicles are the battery, electric controller, motor, and inverter. The supplier level cost of these components, except controllers, is going to decline during the forecast period, especially in China. This is due to the availability of abundant raw materials for motors, controllers, and battery manufacturing at lowest prices, which, in turn, increases the mass production of electric components. Thus, China is becoming the low-cost market globally, especially for NEV parts.
Key vendors
- BYD
- Geely Automobile Holdings
- Yutong
- Zotye Auto
Other prominent vendors
- BAIC Motor Corporation
- Changan Automobile Company
- Chery
- Daimler
- Dongfeng Motor Corporation
- FAW Group Corporation
- GAC MOTOR
- SAIC Motor
- Volvo
- Shenzhen Wuzhoulong Motors
- Zhongtong Bus Holding
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Vehicle Type
Part 07: Market Segmentation By Propulsion Type
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/d4tgvv/new_energy
Contacts
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Electric and Hybrid Vehicles