China Energy Outlook 2020 - Flipbook - Page 31
The sales of new energy vehicles (NEVs), which includes battery electric vehicles, hybrid
vehicles, fuel-cell electric vehicles, hydrogen vehicles, and other new energy vehicles grew
114% per year on average from 2011 to 2018 (Figure 1-13). Most of the NEV sales in China are
battery electric vehicles, which represented 78% of the total 2018 NEV sales of 1.2 million
vehicles, up from 62% for 2017. In 2016, China had 160,000 new energy buses, 18,000 new
energy taxis, and 94,000 new energy city distribution vehicles (Xinhua Net, 2017a) with a goal
of a combined total of these vehicles of 600,000 in 2020 (MOT, 2018). The sales of NEVs
represented 4.4% of the Chinese automobile market of about 23.7 million vehicles sold in 2018,
a higher share than in the U.S. (where the 361,000 EVs sold represented about 2% of total
vehicle sales) but less than Europe (where the 950,000 EVs were sold represented over 6% of
total vehicle sales). As of July 2019, China’s new energy vehicles accounted for almost 6% of
China’s passenger car market.
Figure 1-13. Sales of New Energy Vehicles in China (2011-1st Half of 2019)
Sources: Chinese Government, 2019; Xinhua Net, 2017b; Yang, 2015; Sohu News, 2014; Gasgoo News, 2013.
Note: Other New Energy Vehicles includes hybrid vehicles, fuel-cell electric vehicles, hydrogen vehicles, and other
new energy vehicles.
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