China New Energy Vehicle Report
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1 China New Energy Vehicle Report April 2018 Copyright 2018, JSC Automotive. No part of this report may be used or reproduced in any form or by any means, without JSC Automotive s prior written agreement. Viewing/using all data contained shall constitute a written contract between the viewer/user and JSC Automotive that the viewer/user shall not violate JSC Automotive s above stated copyright policy. Disclaimer: Every attempt has been made to ensure the accuracy of the information provided in this report. JSC Automotive claims no responsibility for any loss or damage resulting from any publication, error, or omission in this report.
2 Table of contents 1 Summary Forecast NEVs Current situation for EV and plug-in hybrid passenger cars Regulation Subsidies CAFC (Corporate Average Fuel Consumption) Carbon Credit Scheme and NEV Mandate Safety standards for EVs and recycling for EV batteries The NDRC is history Reasonable game plans for reaching the CAFC and the NEV quota Will 48V become mainstream in China? Batteries Regulation and current status Forecast of battery capacity and demand Consolidation of the EV battery industry Regulation on battery recycling Charging stations Longterm visions of the government NEV Roadmap National Intelligent Connected Vehicle Pilot Zone Fuel cells in China NEV strategies of existing Chinese OEMs Geely BAIC BJEV Chery New Energy GAC New Energy JMC New Energy (JMEV) JAC-VW New entrants for NEVs China New Energy Vehicle Report April 2018 Copyright JSC Automotive 2018, all rights reserved Page 2
3 12.1 Nio Byton CH-Auto Technology XPENG Lvchi Auto Baoneng AIWAYS Chongqing Jinkang ICONIQ Jiangsu Minan Auto NEVS Changjiang EV Wanxiang Group Yudo New Energy Zhidou Henan Suda Hozon Auto GreenWheel EV Techrules LeEco Faraday Future Lucid Commercial vehicles EV Car Sharing Schemes The problem with parking lots EVCard Microcity EV LeShare Major subsidy fraud for EVs China New Energy Vehicle Report April 2018 Copyright JSC Automotive 2018, all rights reserved Page 3
4 Table of figures Figure 1: Forecast EV and Plug-In Hybrid production China Figure 2: EV passenger cars monthly production Figure 3: Market share EV passenger cars by brand Figure 4: Top 15 EVs Figure 5: BAIC EC Series Figure 6: ZD D Series (owned by Geely) Figure 7: JAC iev Figure 8: Plug-In hybrid passenger car production Figure 9: Plug-in hybrid passenger car by model Figure 10: Subsidies for EV passenger cars Figure 11: Changes to the subsidies in Figure 12: Corporate Average Fuel Consumption Limits Figure 13: Super credits for CAFC calculation Figure 14: Super credits for the NEV mandate Figure 15: Credits that current EVs would get in Figure 16: Cost and fuel savings of EVs and hybrids Figure 17: Cost and fuel benefits of traditional powertrain components Figure 18: Penetration rates for traditional fuel saving technologies Figure 19: Potential game plan for Beijing-Benz Figure 20: Potential game plan for SAIC-VW Figure 21: Potential game plan for FAW-VW Figure 22: Potential game plan for Great Wall Figure 23: Potential game plan for BYD Figure 24: Forecast for 48V mild hybrid equipped card by brand in China Figure 25: Global Li-Ion battery capacity and China s share Figure 26: Current and future capacity of battery suppliers Figure 27: Battery capacity demand Figure 28: Standards for charging stations Figure 29: Charging stations by February Figure 30: DC charging stations plan for Figure 31: Regional plan for charging stations in Figure 32: Topics of A NICE CITY Figure 33: Expansion plans of A NICE CITY Figure 34: Technical details of A NICE CITY Figure 35: Plan for the number of H2 stations and FCVs Figure 36: The 15 new EV license holders Figure 37: 17 items for the new EV license Figure 38: Patents of new entrants in NEV China New Energy Vehicle Report April 2018 Copyright JSC Automotive 2018, all rights reserved Page 4
5 Figure 39: Capacity plan of Lvchi Auto Figure 40: Model plan of Lvchi Auto Figure 41: Commercial vehicle EVs (YTD May) Figure 43: Changes to the CV NEV subsidies in Figure 44: Station of Microcity EV in Hangzhou Figure 45: Detailed EV fraud list China New Energy Vehicle Report April 2018 Copyright JSC Automotive 2018, all rights reserved Page 5
6 Contacts JSC (Shanghai) Automotive Consulting Co., Ltd. 58, Taicang Road Huangpu District Shanghai P.R.China Phone: Fax: JSC Automotive GmbH Stafflenbergstraße Stuttgart Germany Tel: Fax: China New Energy Vehicle Report April 2018 Copyright JSC Automotive 2018, all rights reserved Page 6
China New Energy Vehicle Report
China New Energy Vehicle Report July 2017 Copyright 2017, JSC Automotive. No part of this report may be used or reproduced in any form or by any means, without JSC Automotive s prior written agreement.
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