Chinese electric cars and hybrids are on record

In October, the production
and selling vehicles on alternative energy in China reached respectively...

Alexander Klimov

In October, production and sales of vehicles on alternative energy China made according to the SAAM, respectively, 92 thousand and 91 thousand, an increase of 85,9% and 106.7% in an annual rate. Manufacture and sale of rechargeable electromobility (BEV) reached 77 thousand, an increase of 76.3 per cent and 95.8 per cent in annual terms, similar figures for rechargeable hybrids (PHEV) amounted to 14 thousand, an increase of 163,6% and 194% in annual terms. Thus, the demand for corn October Chinese market actually grew in three times.

For the first ten months with the beginning of 2017 years of manufacturing and selling electric vehicles and hybrids has reached 517 thousand and 490 thousand, respectively, an increase of a 45.7% and 45.4% annually. Specifically, manufacturing and selling BEV reached 427 thousand and 402 thousand, an increase of 54.7 per cent and 55.9 per cent in annual terms, the corresponding figures for PHEV was 90 thousand and 88 thousand, an increase of 14% of 11.2% in annual terms. Despite this high growth rate, significantly outstripping the growth of the automobile market in the whole (+0.4% October +2.1% 10 months). Even the most fast-growing SUV segment grew incomparably slower (+15.8 percent with the beginning of the year). The most popular model of electric vehicles was electrocreaser BAIC EX200EV (pictured), who took 60th place in the national Top 100 of sales. This success of environmentally friendly vehicles is solely due to state and municipal subsidies (up to 60 000 yuan), sometimes amounting to half of the sales prices of electric vehicles. In early the government wanted to abolish these subsidies, but consumers immediately responded with a huge drop in demand for the electric cars. Subsidies had to return. The plans of the Chinese government expected growth in sales of electric vehicles up to 20% market 2025. Part of the problem you intend to solve mandatory quotas for manufacturers (or importers) over 30 000 conventional cars (at least 10% of produced and(or) sold vehicles to 2019 and not less than 12% to 2020), otherwise it will follow big fines. It caused especially in foreign manufacturers and some local, such as, FAW, serious concerns in the feasibility of these requirements. And solve the problem as usual, the key, Volkswagen Group China creates another joint venture with the Chinese company JAC at the production of commercial vehicles with environmentally friendly engines, including a pure electric option.