Report Description

China Electric Vehicle Market By Vehicle Type (Two-Wheeler, Three-Wheeler, Passenger Car and Commercial Vehicle), By Drivetrain Technology (BEV Vs. PHEV), By Charging Infrastructure, Competition, Forecast & Opportunities, 2014 – 2024

  • Publish Date:January, 2019
  • Format : PDF
  • Pages : 84
  • Industry : Automotive

China electric vehicle market is projected to grow from around $ 74 billion in 2018 to $ 330 billion by 2024, exhibiting a CAGR of over 28% during the forecast period. Growth in the market can be attributed to increasing concerns about rising pollution levels, growing demand for clean fuel running automobiles and increasing affordability of electric vehicles being offered by leading automobile manufacturers in the country. Rising investments by several key OEMs to develop premium quality and more affordable electric vehicles coupled with expanding charging infrastructure would positively influence the country’s electric vehicle market in the coming years.  

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast China electric vehicle market size.
  • To classify and forecast China electric vehicle market on the basis of vehicle type, drivetrain technology type, charging infrastructure and region.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of vehicle type, namely – two-wheeler, three-wheeler, passenger car and commercial vehicle.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of drivetrain technology, namely – BEV and PHEV.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of charging infrastructure, namely – wired charging and wireless charging.
  • To scrutinize the detailed market segmentation and forecast the market size on the basis of region, namely - North China, South-central China, North-east China, South-west China, East China and North-west China.
  • To identify drivers and challenges for China electric vehicle market.
  • To identify market trends & developments in China electric vehicle market.
  • To identify and analyze the profile of leading players operating in China electric vehicle market.


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Some of the major companies operating in China electric vehicle market are Yadea Group Holdings Ltd., AIMA Technology Group Co., Ltd, Zhejiang Luyuan Electric Vehicle, Jiangsu Xinri E-Vehicle Co., Ltd, Dongguan Tailing Electric Vehicle Co., Ltd., Shandong Incalcu Electric Vehicle Co., Ltd, BYD Company Limited, Tesla Inc., BAIC International Corporation and Geely Automobile Holdings Ltd.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of electric vehicle manufacturers and companies currently investing in the market and operating in different regions of China. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. TechSci Research analyzed product offerings, regional network and regional presence of all major companies across the country.

TechSci Research calculated China electric vehicle market size using a bottom-up technique, wherein volume sales data for different vehicle types (two-wheeler, three-wheeler, passenger car and commercial vehicle) was recorded as well as forecast for the future years. TechSci Research sourced these from industry experts and company representatives, and externally validated through analyzing historical data of respective companies to arrive at the overall market size. Multiple secondary sources such as directories, databases such as CAAM, CEVA, World Bank, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.  

 

Key Target Audience:

  • Electric vehicle manufacturers 
  • Associations, organizations, forums and alliances related to electric vehicles
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as electric vehicle manufacturers, distributors and other stakeholders. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, China electric vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type
    • Two-Wheeler
    • Three-Wheeler
    • Passenger Car
    • Commercial Vehicle
  • Market, by Drivetrain Technology:
    • BEV
    • PHEV
  • Market, by Charging Infrastructure:
    • Wired
    • Wireless
  • Market, by Region:
    • North China
    • North-east China
    • East China
    • South-central China
    • South-west China
    • North-west China

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in China electric vehicle market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

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