New Energy Cars-China-May 2019: Amid Dependence on Oil Imports China Boosts NEV

Posted by Deeksha on August 19th, 2019

In mere few years, China has become world’s largest market and producer of NEVs, lithium-ion batteries and charging infrastructure as the nation is destined to spearhead the global pace and future of NEV adoption. Favorable purchase subsidies and upsides for buyers of NEVs and the deployment of mammoth car fleets have triggered development in new energy cars. Meanwhile, China’s tenacity to surmount foreign vehicle manufacturers and rule the roost in the next generation car industry have provided leeway for protectionism. These insights are according to the intelligence report, titled, “New Energy Cars—China—May 2019,” which has been of late added to Market Research Hub’s (MRH) ever-expanding armamentarium. Big cities in China, such as Shanghai, Beijing, and Guangzhou observed frequent hostile weather owing to air pollution from vehicle emissions. With China’s dependence on oil imports spurting, China has been strongly boosting NEV industry and has been witnessing robust growth from both market and technology facets. Meanwhile, countries such as Germany that have an established automotive industry are subsidizing R&D and framing a niche market to enhance the technical performance of NEVs. In technology arena, though there are a few of multistage differences for plug-in HEVs and hybrid electric vehicles between China and other countries, they have all witnessed a process from vehicles with an ICE to hybrid electric vehicles to plug-in HEVs, and from plug-in HEVs to BEVs. As such, full-electric vehicles (BEVs) along with plug-in HEVs vie to curb human-induced climate change.

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New Energy Cars—China—May 2019: Report Content

Quantitative and qualitative assessment exhort intelligence and overarching report on the new energy cars—China—May 2019 market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the new energy cars—China—May 2019 market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on new energy cars—China—May 2019.

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New Energy Cars—China—May 2019: Research Methodology

Primary sources and secondary sources propel intelligence report on new energy cars—China—May 2019 market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on new energy cars—China—May 2019 market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.