Automobile Industry Analysis

Analysis on Three Trends of China’s New Energy Vehicle Market in 2018

Statistics show that the sales volume of new energy passenger vehicles in China was 993,000 units in 2018, increasing by 90.40% YOY. The wholesale and retail volume of new energy passenger vehicles exceeded 1 million units, and the sales volume of new energy vehicles including new energy commercial vehicles reached 1.2 million units at a high growth rate, which laid a milestone in the development of China’s automotive industry.  (1) Battery electric vehicles saw a slowdown in growth and a decrease in market share. In 2015, the sales volume of…

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Automobile

New Market Features in China Automobile Industry in 2017

A new round of struggle for the leading role in global automobile industry outbreaks universally, and the only left competitors are Germany, Japan, the U.S. and China. Germany and Japan own the most powerful traditional automobile industry in the world. The booming automobile industry will drive the transformation and upgrade of the overall economic structure in China. In September, 2016, the supervisors of China’s automobile industry proposed a Temporary Concurrent Management Regulation for Corporate Average Fuel Consumption (CAFC) and New-Energy Vehicle (NEV) Credits for public comments, which stipulated that automobile…

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