
Hybrid & Electric Cars in China
Description
Hybrid & Electric Cars in China
Summary
Hybrid & Electric Cars in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Hybrid & Electric Cars in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The Chinese hybrid & electric cars market recorded revenues of $474,137.4 million in 2024, representing a compound annual growth rate (CAGR) of 47.3% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 50.1% between 2019 and 2024, reaching a total of 11,188,238.0 units in 2024.
- The growth of the hybrid & electric cars market in China in 2024 was driven by high fuel prices, advancements in battery technologies, and strong government support. According to the National Bureau of Statistics of China, gasoline prices in China increased by 2.1% in April 2024 compared to April 2023, influenced by rising crude oil costs, carbon pricing policies, and regional fuel regulations.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in China
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China hybrid & electric cars market with five year forecasts
- What was the size of the China hybrid & electric cars market by value in 2024?
- What will be the size of the China hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the China hybrid & electric cars market?
- How has the market performed over the last five years?
- Who are the top competitors in China's hybrid & electric cars market?
Table of Contents
49 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Tesla Inc
- 8.2. BYD Co Ltd
- 8.3. BAIC Motor Corporation Ltd
- 8.4. SAIC Motor Corp Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China hybrid & electric cars market value: $ million, 2019-24
- Table 2: China hybrid & electric cars market volume: Units, 2019-24
- Table 3: China hybrid & electric cars market category segmentation: % share, by value, 2019-24
- Table 4: China hybrid & electric cars market category segmentation: $ million, 2019-24
- Table 5: China hybrid & electric cars market geography segmentation: $ million, 2024
- Table 6: China hybrid & electric cars market value forecast: $ million, 2024-29
- Table 7: China hybrid & electric cars market volume forecast: Units, 2024-29
- Table 8: Tesla Inc: Key Facts
- Table 9: Tesla Inc: Annual Financial Ratios
- Table 10: Tesla Inc: Key Employees
- Table 11: BYD Co Ltd: Key Facts
- Table 12: BYD Co Ltd: Annual Financial Ratios
- Table 13: BYD Co Ltd: Key Employees
- Table 14: BAIC Motor Corporation Ltd: Key Facts
- Table 15: BAIC Motor Corporation Ltd: Annual Financial Ratios
- Table 16: BAIC Motor Corporation Ltd: Key Employees
- Table 17: SAIC Motor Corp Ltd: Key Facts
- Table 18: SAIC Motor Corp Ltd: Annual Financial Ratios
- Table 19: SAIC Motor Corp Ltd: Key Employees
- Table 20: China Size of Population (Million), 2020-24
- Table 21: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 22: China GDP (Current Prices, $ Billion), 2020-24
- Table 23: China Inflation, 2020-24
- Table 24: China Consumer Price Index (Absolute), 2020-24
- Table 25: China Exchange Rate, 2019-24
- List of Figures
- Figure 1: China hybrid & electric cars market value: $ million, 2019-24
- Figure 2: China hybrid & electric cars market volume: Units, 2019-24
- Figure 3: China hybrid & electric cars market category segmentation: $ million, 2019-24
- Figure 4: China hybrid & electric cars market geography segmentation: % share, by value, 2024
- Figure 5: China hybrid & electric cars market value forecast: $ million, 2024-29
- Figure 6: China hybrid & electric cars market volume forecast: Units, 2024-29
- Figure 7: Forces driving competition in the hybrid & electric cars market in China, 2024
- Figure 8: Drivers of buyer power in the hybrid & electric cars market in China, 2024
- Figure 9: Drivers of supplier power in the hybrid & electric cars market in China, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in China, 2024
- Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in China, 2024
- Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in China, 2024
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