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New energy vehicles in China

New energy vehicles in China

From Wikipedia, the free encyclopedia

The fleet of passenger new energy vehicles in China is the second largest in the world after the United States, with cumulative sales of 258,328 plug-in cars, representing 21% of the global stock of highway legal light-duty plug-in electric vehicles. The Chinese government uses the term new energy vehicles (NEVs) to designate plug-in electric vehicles, and only pure electric vehicles and plug-in hybrid electric vehicles are subject to purchase incentives. Initially, conventional hybrids were also included.

New energy vehicle sales between January 2011 and December 2015 totaled 444,447 units, of which, over 90% were sold during the last two years, with 331,092 units (74.5%) in 2015, and 74,763 (16.8%) in 2014. These figures include heavy-duty commercial vehicles such buses and sanitation trucks. These figures only include vehicles manufactured in the country as imports are not subject to government subsidies. As of December 2015, the Chinese stock of plug-in electric vehicles consist of 324,088 all-electric vehicles (72.9%) and 120,359 plug-in hybrids (27.1%).

As of December 2014, a total of 83,198 plug-in electric passenger cars had been registered in the country since 2008. With a record of 176,627 plug-in passenger cars sold in 2015, China became the world's best-selling plug-in electric car country market in 2015.

As of December 2015, China is the world's leader in the plug-in heavy-duty segment, including electric buses, plug-in trucks, particularly sanitation/garbage trucks. Over 160,000 heavy-duty new energy vehicles have been sold between 2011 and 2015, of which, 123,710 (77.2%) were sold in 2015. Sales of commercial new energy vehicles in 2015 consisted of 100,763 all-electric vehicles (81.5%) and 22,947 plug-in hybrid vehicles (18.5%).The share of all-electric bus sales in the Chinese bus market climbed from 2% in 2010 to 9.9% in 2012, and was expected to be closed to 20% for 2013.As of December 2015, China is the world's largest electric bus market, and by 2020, the country is expected to account for more than 50% of the global electric bus market.



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