Electric cars: 10 years after 1/10 car sales accounted for China car market
New automotive power industry in China, when in fact he went to the homes of ordinary people can be massive, KPMG recently released a survey report for employees in the business sector reveals that every 10 vehicles sold must have an electric car then at least have to wait 10 years.
KPMG annual automotive industry in the last survey noted that due to environmental and regulatory requirements continue to tighten until 2025, electric vehicles account for 10% of new car sales in China. The survey found that the majority of Chinese respondents (68 percent) expect electric vehicles (including hybrid electric vehicles, battery vehicles and fuel cell vehicles), the proportion of new car registrations in total in 10 years will reach 11-15%.
Meanwhile, the survey shows that Chinese respondents expect sales of all types of vehicles will increase significantly. 84% of respondents believe that the basic and small cars as well as car demand will rise and lead growth, reflecting that the market is maturing rapidly. 76% of respondents said sales of compact cars, midsize cars and trucks will increase. And it is expected that other mature to be smaller to increase speed car sales, sales of larger cars but fall markets.
KPMG executives 16th annual survey access the global automotive industry in order, including 200 senior executives from 31 countries, of which 25 are from China. Surveyed companies, including automakers, suppliers, agents, financial services, car rental companies and mobile service providers. From the survey results, it is expected that significantly more optimistic than respondents in other countries the Chinese market electric cars respondents.
"At present, China's auto production of pure electric vehicles, far from proven consumer market in which there is wide acceptance of the product. In this sense, the production of electric cars in China and the production of batteries only are in the primary market stage, unless improve the basic components of an open cell design and a new car, and to encourage increased production. "Danny Le partner, KPMG china in the report of the investigation, analysts believe that despite the initial rate of electric car industry in China did not go far considered healthy, but the Chinese government to use the world's largest vehicle R & D budget of electrical and develop a clear strategy for electric vehicles and demonstrate enough patience.
Mr. Jim Cai expects China to achieve its ambitions in the field of new energy vehicles in 2020, which is not only in the traditional fuel vehicles technically tied with many multinational auto giants, but in the new energy vehicles, especially electric vehicles to become the true leader world.
