According to RolandBerger Source:China is actively developing a domestic market for electrified powertains- at least 15% EV and PHEV to be expected in 2020.
• The Chinese Government launched many new energy policies in recent
years
• China realized that they can not close technology gap in internal
combustion engine based mobility soon – focus new energy
• With the "Automobile Industry Revitalization" the government defines
imported steps towards "New Energy Vehicles"
• According to recently published Auto Industry Revitalization Plan, new
industry policies will likely bring substantial fiscal policy
• The MOST and MOF already gave out a circular on subsidy in 13 Tier1
and Tier 2 cities, in order to industrialize the PHEV/EV vehicles technology:
EUR 6,800 for battery electric vehicles
• We expect EV infrastructure in 2020 to cover cities having > 1.000 USD
GDP/capita – that accounts for 46% of total PV sales
• Domestic EV and PHEV sales volume are expected to exceed 15% (1,6 m.
units) in 2020 – significant upside in 3-wheelersat le
years
• China realized that they can not close technology gap in internal
combustion engine based mobility soon – focus new energy
• With the "Automobile Industry Revitalization" the government defines
imported steps towards "New Energy Vehicles"
• According to recently published Auto Industry Revitalization Plan, new
industry policies will likely bring substantial fiscal policy
• The MOST and MOF already gave out a circular on subsidy in 13 Tier1
and Tier 2 cities, in order to industrialize the PHEV/EV vehicles technology:
EUR 6,800 for battery electric vehicles
• We expect EV infrastructure in 2020 to cover cities having > 1.000 USD
GDP/capita – that accounts for 46% of total PV sales
• Domestic EV and PHEV sales volume are expected to exceed 15% (1,6 m.
units) in 2020 – significant upside in 3-wheelersat le
(Source: Roland Berger 090421_PT2020_E-Mobility_CHINA_Study.PPTX 5)
