CATARC report - February 2015: New Energy Vehicle trends in China

January 2015 production matches average monthly production in 2014

2015/03/10

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 (Jan. 2014 to Jan. 2015)

 Production volume of electrified vehicles in January 2015 in China was 8,270 units (vehicles equipped with lead-acid batteries were included). Production volume increased by 2.6-fold year-over-year but decreased by 71% month-over-month. Due to the new energy vehicle policy that the government has implemented, production volume of electrified vehicles in December 2014 rapidly increased. However, because the effect of the policy has faded, production volume in January 2015 decreased. Regardless, production volume of electrified vehicles in January sustained a level close to the monthly average production volume in 2014 (8,555 units).



Production volumes in China

Table 1 January production volume of electrified vehicles by vehicle type in 2015

 
HV
PHV
EV
Total
Passenger car
800
2,297
2,821
5,918
Bus
1
871
1,161
2,033
Special-purpose vehicle
0
0
319
319
Total
801
3,168
4,301
8,270

Fig. 2 Electrified vehicle production shares by vehicle type (Jan. 2015)

PHV

 Production volume of passenger plug-in hybrid vehicles (PHVs) in January 2015 was 2,297 units. Automakers that produced passenger PHVs were BYD, Shanghai Automotive Industry Corporation (SAIC), Guangzhou Automobile Group Co., Ltd., and Brilliance BMW. BYD had 78% and SAIC had 15% of the production share.

 Production volume of PHV buses in January 2015 was 871 units. 16 makers produced PHV buses in January. The top five bus makers with the highest production volume were CSR Times, Xiamen King Long, Xiamen Golden Dragon Van, Sunwin, and Yutong. Their total production share for PHV buses was 64%.

EV

 Production volume for passenger electric vehicles (EVs) in January 2015 was 2,821units, which was 66% of the EV production share. 13 automakers produced passenger EVs in January. Of the passenger EVs produced, Beijing Automotive Industry Holding Co., Ltd. produced 641 units, Hunan Jiangnan produced 787 units, Chery produced 817 units (of which vehicles equipped with lead-acid batteries was 679 units), and BYD produced 269 units.

 Production volume of EV buses in January 2015 was 1,161units, which was 27% of the EV production share. 21 bus makers produced EV buses in January. Of the number of EV buses produced, Xiamen Golden Dragon Van produced 374 units, Yutong produced 183 units, Cranton produced 115 units, Nanjing King Long Bus produced 88 units, and Dongfeng Motor produced 81 units.

 Production volume of special-purpose EVs in January 2015 was 319 units, which was 7% of the EV production share. 19 automakers produced specialty vehicles in January. Of the specialty vehicles produced, Jun Tang produced 72 units, Ruichi produced 70 units, Jiangxi Special Vehicle produced 39 units, and Sinotruk Chengdu Wangpai produced 36 units.

Electrified vehicle import

 The number of electrified vehicles that were imported in January 2015 was 795 units of which 101 units were passenger EVs and 694 units were passenger hybrid vehicles (HVs). Of the 101 passenger EVs that were imported, 99 units were the Tesla Motors Model S. Of the 694 passenger HVs that were imported, 588 units were Toyota vehicles. Toyota vehicles accounted for 85% of passenger HV import share and 74% of electrified vehicle import share.



Trends in China

Beijing New Energy constructs production base in Qingdao, Shandong Province

 On January 29, 2015, Beijing New Energy Automobile Co. Ltd. began the construction of a production base in Qingdao, Shandong Province. The production base will be the first new energy vehicle (EV and PHV) plant in Qingdao and the world's largest EV plant. The construction is scheduled to be completed in July 2016. Annual production capacity will be 100,000 units. New energy vehicles for individuals and fleets will be produced.

Aoxin EV, made from carbon fiber, rolls off production line in Yancheng, Jiangsu Province

 On January 20, 2015, Aoxin New Energy’s A-segment (compact class) EV, Aoxin e25, rolled off the production line at a plant in Yancheng Economic and Technological Development Zone, Jiangsu Province. The e25 is made from carbon fiber and is the first EV in China to be made from the material.

 The interior and the body of the e25 is made from carbon fiber and the chassis of the e25 is made from high- tensile aluminum. Compared to other models in the same segment, vehicle weight reduced by 50% and number of parts reduced by 40%. These reductions helped secure a storage space for a battery and contributed to the improvement of electric power consumption, cruising range, and driving performance.

Chongqing government announces new energy vehicle prevalence support policy

 Following the “Chongqing new energy vehicle prevalence plan,” which was announced in November 2014, the Chongqing government announced the “Chongqing new energy vehicle prevalence support policy” on January 26, 2015. In the support policy, the national government and the Chongqing government will pay up to 60% of the vehicle sales price as subsidy to automakers that produce new energy passenger vehicles (EVs, PHVs, and fuel cell vehicles). For new energy buses, the Chongqing government will pay CNY 160,000 per bus for up to 1,000 buses. For over 1,000 buses, the Chongqing government will pay the same amount of subsidy that is paid by the national government. With this policy, the Chongqing government aims for the companies to reduce their sales prices for new energy vehicles.

 In the “Chongqing new energy vehicle prevalence plan,” which was announced in November 2014, companies that had their new energy vehicles certified by the national government and registered in Chongqing were able to receive incentives and subsidies from the Chongqing government. Companies that registered their new energy vehicles in Chongqing and did not have them certified with the national government were able to receive incentives only.

 Incentives (four) for companies in Chongqing are as follows:

  1. Exemption from vehicle purchase tax
  2. Reduction of value-added tax (VAT):
   Automakers and major parts suppliers in Chongqing that develop or transfer new energy vehicle technologies are exempted from VAT.
  3. Reduction of corporate income tax:
   Corporate income tax is reduced to 15% for automakers and major parts suppliers in Chongqing that have been certified as a company having advanced technologies for new energy vehicles.
  4. Priority in the issuance of truck pass

Reference:
Energy-saving and new energy vehicle network www.chinaev.org
CATARC Beijing Operations

The China Automotive Technology & Research Center (CATARC) is affiliated with the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). CATARC assists the government in such activities as formulation of auto standards and technical regulations, product certification testing, quality system certification, industry planning, policy research, information services, and common technology research.
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