In 2016, China's electric vehicle market challenged 550,000 vehicles

According to the latest research from the Tuoba Industrial Research Institute, a market research institute, TrendForce, although the Chinese electric vehicle market has a deterrent effect on growth in 2016, it is expected that the subsidy will be reduced in 2017 and stimulate consumers to purchase cars in advance. There is still a lot of room for sales growth in the fourth quarter; in total, China's electric vehicle market has sold nearly 350,000 units from January to September this year, surpassing last year's total, and it is estimated that it will challenge 550,000 vehicles in 2016, leading the global electric vehicle to the future. Nearly one million market size.

20161108 TrendForce NT21P1

Zhang Xianping, an electronic analyst of Tuoba Vehicles, said that in 2014 and 2015, China has surpassed Japan and the United States for more than 300% of sales growth rate for two consecutive years, becoming the world's largest electric vehicle regional market. In 2015, it occupied more than half of the world. Sales volume, so China's electric vehicle market has become the global electric vehicle sales engine.

Zhang Xianping pointed out that the outside world continues to be optimistic about the Chinese electric vehicle market. However, in early 2016, the Chinese government actively banned fraudulent subsidies, and the car purchase subsidy policy, which has been decreasing year by year since 2016, has enabled China to maintain rapid growth in the passenger vehicle market. However, in the commercial vehicle market, sales of electric buses and electric buses have been affected, and sales have declined. The Chinese government is also increasing the eligibility of manufacturers to apply for production licenses after the incident, so the sales of electric commercial vehicles in China may still decline in 2017 due to the reduction in subsidies and the increase in thresholds.

Under the expectation that China's electric vehicle purchase subsidy will be reduced in 2017, Tuoba estimates that market demand will be concentrated in the fourth quarter of 2016, and the annual sales of electric vehicles in the Chinese market will reach 550,000, mainly benefiting from passenger use. The high-speed growth momentum of the car market. In addition to the Chinese market, the US and Japanese markets also swept the sales growth last year and maintained growth in 2016. The US market is expected to create nearly 150,000 sales under the hot sale of Tesla Model S and Model X. Tuoba estimates that in 2016, the global electric vehicle market will lead the sales in the Chinese market, breaking through the sales volume of 950,000 vehicles.

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