Low-cost rental and test drives help boost EV market in China - ELECTRIC CHINA WEEKLY No21
10 July 2013
Future of electro-mobility: what are the areas of interest?
05 December 2014
Market outlook for EVs in China
Sales of EVs in China have reached nearly 43,000 units through the first three quarters of the calendar year. China’s goal was to reach EV sales of 500,000 units by 2015, and over 5 million units by 2020. China’s ambition is for EVs to have one-seventh of all vehicle sales in the country by the end of the decade. Although EVs still have a relatively small market share, it grew to 0.33% in September, up from 0.08% last September.
Shandong: Weifang city invests in EV
The Shandong Weifang city government has announced a plan called “Accelerating New Energy Vehicle Applications and Promoting New Energy Vehicle Industry Development”. Part of its strategy is to build funds for promoting new energy vehicles and invest ¥300 million (€39 million) in three years. Already in 2014 the city government invested ¥100 million (€13 million). Overall, the target is to have 5,010 new energy vehicles by 2015.
According to “Weifang City Electric Vehicles Charging Station Planning”, the city will have 2,033 charging piles by 2015 and the number will reach 9,535 points in 2020. In 2014, the city purchased 300 new energy vehicles. Among these were public buses, 48 of which are pure EVs and 135 of which are hybrid electric vehicles.
Shanxi: State Grid Shanxi Electric Power Company
In 2014 the State Grid Shanxi Electric Power Company started to promote new energy vehicles to help reduce carbon emissions in the province. Under the Xi’an city “New Energy Vehicles Promotion Plan,” which supports the construction of new energy vehicle charging stations, the city plans to build 10,700 charging piles by 2015.
Hangzhou: subsidy for new energy vehicles
The Hangzhou city government is also supporting EVs through its “Hangzhou City Subsidy on Promoting New Energy Vehicles,” in place until the end of 2015. Pure electric buses receive from ¥300,000 – ¥500,000 (€39,000 - €65,000) and hybrid type buses receive a ¥250,000 (€32,000) subsidy. For cars, pure electric types can receive ¥30,000 (€3,900) and hybrid can receive ¥20,000 (€2,600). For infrastructure building, the city will provide up to 20% of the cost in subsidies.
Nanjing: more than 1,690 pure EVs in the city already
In Nanjing city, there are around 1,690 pure EVs already. Among these are around 600 pure electric taxis, introduced in 2014. Also launched this year was “Details of Nanjing City’s New Energy Vehicle Promotion Subsidy,” which exempts new energy vehicles from purchase taxes. As a result, the market for EVs for private cars has entered a rapid growing phrase.
Chongqing: 2014 IET conference on hybrid and electric vehicles
In October 2014, with Chongqing Science & Technology Commission and British Consulate-General of Chongqing, together with the Institution of Engineering and Technology (IET) organised the “2014 IET Hybrid and Pure Electric Vehicle International Conference”. During the two-day conference, over 200 industry experts from research institutions and companies, as well as journalists, attended the event. Under the theme “Electric Vehicles – Large-scale Application and Opportunity,” the event anaylsed key technologies, infrastructure building, commercialisation models and promotion methods for electric vehicles in China and foreign markets.