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Home Features New Market Report On Electric Vehicles in China 2019-2029

New Market Report On Electric Vehicles in China 2019-2029

China is the world’s largest EV market and an increasingly formidable exporter, innovator and acquiror. The new report “Electric Vehicles in China 2019-2029” from business intelligence firm IDTechEx Research covers markets, technology, export/import prospectsand more.

The report, “Electric Vehicles in China 2019-2029” finds that the market penetration in China of electric buses is more impressive than electric cars. However, it cautions that, even here, two or more diesel buses are still made for every electric one in China.

There has never been support to electrify one million polluting old school buses but IDTechEx predicts when their up-front price in electric form meets conventional and sales take off. The statement that China has 400,000 large pure electric buses and that is 99% of the number in the world is true but not the whole story. Performance comparisons, battery specifications and suppliers – it is all summarised in information-packed pages.

Understand why electric bus exports but not car or truck exports are impressive but e-trucks will become a huge business in China. Learn how Chinese companies, often with Chinese government backing are continuing to buy brands, routes to market and advanced technology. Some new Chinese technologies are impressive but it eagerly seeks others. Which? The new data IDTechEx has gathered, using its multi-lingual PhD level analysts, make it optimistic about solar road and drone, hub motor and supercapacitor vehicle leadership for example. Discover which type of EV will sell from China at three times the volume of electric bikes.

China is catching up in robot shuttles and software-controlled fleets and updates. It needs to do better in power electronic, high energy density supercapacitors, structural electronics and other identified aspects. With EV batteries becoming smaller soon due to top up charging at speed and other innovations, some Chinese gigafactories may become stranded assets. When? Understand how Chinese EV components will succeed hugely abroad and damage the business of traditional western Tier One suppliers insufficiently investing in R&D.

Electric Vehicles in China 2019-2029” embraces 51 companies. The 34 page “Executive Summary and Conclusions” reveals of newinfograms, tables and graphs and detailed forecasts. They give rapid insight into good and bad EV sectors in China, largest manufacturers, export and import gaps in the market, technology trends and tools for prediction. Emphasis is on distilled information with many conclusions and predictions.

The Introduction to the report then examines pollution, congestion, vehicle specifications and evolving capability in China and why certain vehicles are favoured by the government. Regulatory, reuse, recycling and traceability in China are covered.

Chapter 3 concerns small EVs in China – 2 and 3 wheel and car-like vehicles. It embraces market slowdowns, restrictions and growth opportunities. Chapter 5 summarises the electric car situation in China with examples of sales and technology leadership by company.

Chapter 4 is more detailed on the large activity in buses and, in future, trucks and their batteries, the largest cost for now. Here you find costing and powertrain evolution. Learn of the fuel cell vehicle strategy and initiatives and supercapacitor buses and trucks eliminating traction batteries. See negligence and innovation with buses and trucks. Chapter 6 profiles leaders BYD and Yutong in a critical but balanced manner. IDTechEx describes them as successful opposites both having big challenges and opportunities ahead.


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