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New Energy Vehicle Market in China 2017-2021

About New Energy Vehicle

New energy vehicles (NEVs) are the vehicles enabled with an electric powertrain and powered through a battery. These vehicles can bring down near to zero emissions and can achieve up to 100% propulsion by electricity. Hence, China is pushing the adoption of more NEVs to bring down the dependency on oil fuels from the Middle East, reduce fuel emissions, and bring low-cost safer vehicles on the road.

Technavio’s analysts forecast the new energy vehicle market in China to grow at a CAGR of 36.13% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the new energy vehicle market in China for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.Technavio's report, New Energy Vehicle Market in China 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • BYD
  • Geely Automobile Holdings
  • Yutong
  • Zotye Auto
Other prominent vendors
  • BAIC Motor Corporation
  • Changan Automobile Company
  • Chery
  • Daimler
  • Dongfeng Motor Corporation
  • FAW Group Corporation
  • GAC MOTOR
  • SAIC Motor
  • Volvo
  • Shenzhen Wuzhoulong Motors
  • Zhongtong Bus Holding
Market driver
  • Cost reductions in electric powertrain components
  • For a full, detailed list, view our report
Market challenge
  • Charging load from EVs will impact the power grids and cause environmental pollutions
  • For a full, detailed list, view our report
Market trend
  • Ultra-capacitors in EV energy storage system
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table NEV charging technologies
      • Table NEV ecosystem in China
      • Table Who supplies whom matrix
    • Regulatory framework
  • Market landscape
    • Market overview
      • Table NEV market in China
    • Market size and forecast
      • Table NEV market in China 2016-2021 (units in thousand)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Market overview
      • Table NEV market in China by vehicle type 2016
      • Table NEV market in China by vehicle type 2021
    • Market size and forecast
      • Table Recent developments in Passenger NEV market in China
    • Passenger NEV market in China
      • Table Passenger NEV Market in China 2016-2021 (units in thousand)
    • Commercial NEV market in China
      • Table Commercial NEV market in China 2016-2021 (units in hundreds)
  • Market segmentation by propulsion type
    • Market overview
      • Table NEV market in China by propulsion type 2016
      • Table NEV market in China by propulsion type 2021
    • Pure EVs market in China
      • Table Pure EVs market in China 2016-2021 (units in thousand)
      • Table Top 6 pure EVs cars sold in China market 2016
    • PHEVs market in China
      • Table PHEVs market in China 2016-2021 (units in thousand)
      • Table Top 5 PHEV cars sold in China market 2016
    • FCVs market in China
      • Table FCVs market in China 2016-2021 (units in thousand)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Average price of electric powertrain components 2016 and 2020
      • Table Benefits for manufacturers of NEVs in China
      • Table Advantages on purchase of NEVs in China
      • Table Cost comparison for a car to travel 100 km in China
    • Market challenges
      • Table CO2 emission by different sectors from fossil fuel combustion in China
      • Table Average monthly wages in China 2010-2015
  • Market trends
    • Table Energy storage comparison- Ultra-capacitors and Li-ion battery
  • Vendor landscape
    • Competitive benchmarking
      • Table Competitive benchmarking of key vendors of NEV market in China
    • Other prominent vendors
  • Key vendor analysis
    • BYD
      • Table BYD: Product portfolio
      • Table BYD: Recent developments
    • Geely Automobile Holdings
      • Table Geely Automobile Holdings: Product portfolio
      • Table Geely Automobile Holdings: Recent developments
    • Yutong
      • Table Yutong: Bus portfolio
      • Table Yutong: Recent developments
    • Zotye Auto
      • Table Zotye Auto: Product portfolio
      • Table Zotye Auto: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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