CATARC report - September 2014: New Energy Vehicle trends in China
Passenger EV production in August decreases; SAIC resumes production of FCVs for road tests
Production volumes in China (Summary)
This report is based on a report by Beijing CATARC Automotive Technology Development Company*;
MarkLines has edited and translated the company's report to prepare this report. Click here for a list of CATARC reports.
Fig. 1 Production volume of electrified vehicles by vehicle type
(January to August 2014)
Production volume of electrified vehicles in China exceeded 7,000 units in June 2014; however, it consecutively declined in July and August. Production volume decreased by 11.3% month-over-month (m/m) to 6,175 units in August. As for the breakdown, production volume of hybrid vehicles (HV) was 603 units and production volume of electric vehicles (EV) and plug-in hybrid vehicles (PHV) was 5,572 units. Production volume of PHVs increased by over 30% m/m; however, production volume of EVs decreased by over 30%. Looking at the production volume by vehicle type in August, production volume of passenger cars was 4,923 units with a market share of 79.7%, production volume of buses was 1,030 units with a share of 16.7%, and production volume of specialty vehicles was 222 units with a 2.6% share. Looking at the production volume for the January to August 2014 period, the electrified vehicle market share for passenger EVs and passenger PHV accounted for approximately 70%.