New energy vehicles include battery electric vehicle, extended range electric vehicle, hybrid electric vehicle, fuel cell electric vehicle, hydrogen engine vehicle and other new energy vehicles.
In 2016, the global sales volume of new energy passenger vehicles was 774,000, which increased by 40% YOY, accounting for 0.85%. The proportion of new energy passenger vehicles was estimated to increase to 1% in 2017. The sales volume of Nissan Leaf, Tesla Model S, BYD Tang ranked the top three, respectively. China is the world’s largest consumer of new energy passenger vehicles, with the sales volume of 11 vehicle models ranked the top 20 in the global market. In 2016, the sales volume of battery electric vehicles accounted for 64% and that of plug-in vehicles accounted for 36% in the global market.
Automobile Enterprise Overview
In 2016, BYD sold 100,000new energy passenger vehicles, which had been the largest seller of new energy passenger vehicles in the global market for two consecutive years. It is estimated that BYD is going to introduce over five new models in 2017, further strengthening its market status. The sales volume of Tesla was 76,000 in 2016, ranking the second in automobile industry, which mainly benefited from the rising sales of Model S and Model X. BMW sold 62,000 new energy passenger vehicles in 2016, entering the global top three for the first time. The sales volume of BMW new energy passenger vehicles accounted for 3% of the total sales volume, and is much higher than the global average level, which shows its powerful product development and recognition. Besides, it is estimated that the sales volume of BMW new energy passenger vehicles is likely to reach 100,000.
In 2016, the sales volume of new energy passenger vehicles was 350,000, increasing by 70% YOY, which accounted for 1.45% of the nationwide sales volume. In 2016, the sales volume of new energy passenger vehicles was 159,000, and the sales volume in the second half year accelerated with the new models coming into the market. In 2016, the sales volume of new energy passenger vehicles was 46,000, accounting for 29.5%, among which PHEV was the best seller. In 2016, the sales volume of new energy passenger vehicles was 22,000, accounting for a very low proportion. In 2016, the sales volume of new energy passenger vehicles was 34,000, increasing stably and accounting for 1.7%. Renault Zoe was the best seller of the year. In 2016, the sales volume of new energy passenger vehicles was 27,000, which was relatively flat. The sales volume of BMW i3 and Renault Zoe ranked the top.
According to incomplete statistics by CRI, by the end of 2016, the number of tire manufacturers had been over 550 in China.
CRI predicts that though the economic development remains at a low level in South Asian Region, but it still has huge growth potential. Due to low labor cost, it is expected that the automobile accessory and vehicle manufacturing will develop fast in South Asian Region over the next few years.
Automobile Industry Forecast to 2021: Singapore,Thailand,Philippines,Malaysia,Indonesia,Vietnam,Myanmar,Brunei,Laos and Cambodia
In general, the sales volume of automobiles in Southeast Asia presents an upward trend in recent years. Especially, the constant economic development in the Philippines and Vietnam stimulates the sales growth of automobiles.
In 2016, the output volume and sales volume of passenger vehicles in China were 24.421 million and 24.377 million, increasing by 15.5% and 14.9% over 2015, respectively.
The sales modes of automobile in China can be divided into franchised stores (1S-5S), auto supermarkets, auto trade markets and auto malls.
In 2016, the production and sales volume of cars reached 281.19 million and 280.28 million, up by 14.5% and 13.7% over 2015, respectively.
In 2016, the production volume and sales volume of automobiles in China reached 28,118,800 and 28,028,200, increasing by 14.46% and 13.65% YOY, respectively.
According to CRI, there are fixed suppliers of most auto parts that China’s automobile manufacturers demand. In the automobile after-market, the major buyer is auto part dealers, which account for over 80%.
In recent years, passenger vehicles have become an integral part of China’s automobile industry. The production volume and sales volume account for over 80% of all of China’s automobiles. In 2016, the production volume and sales volume reached 24.421 million and 24.377 million, increasing by 15.5% and 14.9% over…