China Electric Vehicle Market Growth, Size, Share, Industry Report and Forecast 2019-2025


Posted May 4, 2020 by mansi3210

China Electric Vehicle Market Size, Share & Trends Analysis Report by Vehicle Type by Propulsion Technology by Battery Type, and Forecast 2019-2025
 
China electric vehicle (EV) market is estimated to grow at a CAGR of more than 17.0% during the forecast period. The rising need to address future energy requirements is one of the major factors to drive the growth of the market. Moreover, the cohesive government programs and initiatives to fuel the growth of the EV market in China. China is one of the members of the EV30@30 Campaign that aims to accelerate the deployment of EVs. Further, China is actively participating in EV pilot project programs. In 2018, the country had set a target that electric cars and plug-in hybrids vehicles to account for at least 20% of its total vehicle sales by 2025. In 2019, the country has reduced the subsidies on the electric vehicle as it is a developing economy and is unable to spend a huge amount of subsidies. The growing investment by major market players in the Chinese market is anticipated to offer ample growth opportunities for the electric vehicle market in China.

Request a Free Sample of our China Electric Vehicle Market: https://www.omrglobal.com/request-sample/china-electric-vehicle-market

The market is segmented on the basis of vehicle type, propulsion technology, and battery Type. Based on vehicle type, the market is sub-segmented into commercial vehicles, passenger cars, and two-wheeler. Based on propulsion technology the market is sub-segmented into battery electric vehicles, and plug-in hybrid electric vehicles. Based on the propulsion type, plug-in hybrid vehicles are anticipated to have considerable market growth during the forecast period. Based on the battery type, the market is sub-segmented into NiMH, Li-Ion, and others.

A full Report of China Electric Vehicle Market is Available at: https://www.omrglobal.com/industry-reports/china-electric-vehicle-market

China Electric Vehicle Market Segmentation

By Vehicle Type

• Commercial Vehicles
• Passenger Cars
• Two-Wheelers

By Propulsion Technology

• Battery Electric Vehicles
• Plug-in Hybrid Electric Vehicle

By Battery Type

• NiMH
• Li-Ion
• Others

Company Profiles

• BMW AG
• BYD Co. Ltd.
• Chery Automobile Co., Ltd.
• General Motors Co.
• Honda Motor Co., Ltd.
• Lucid Motors, Inc.
• Nio Ltd.
• Nissan Motor Co.
• Quiantu Motor
• WM Motor Technology Co Ltd,

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/china-electric-vehicle-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +1 646-755-7667, +91 7803040404
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mansi Jain
Phone 07803040404
Business Address Orion Market Research Pvt Ltd
305-308, Commerce House,
Country India
Categories Business , Transportation , Travel
Tags electrical vehicles , market analysis , market forecast , market research
Last Updated May 4, 2020