Assessment of Leading New Energy Vehicle City Markets in China and Policy Lessons

In China nearly 70% of all new energy vehicle (NEV) registrations in 2020 were in just 30 cities. Using data collected between 2015 and 2020, the authors explore the success of NEVs in these leading cities. The authors also compare the NEV market characteristics by China’s unofficial city tier system. For new energy passenger automobiles, while Tier 1 and New Tier 1 cities had a crucial role in growing the market between 2015 and 2020, growth in Tier 2–5 cities had increased by 2020. Diversity of brands also increased, and in 2020 manufacturers sold to more areas beyond their home markets than in 2015, suggesting that local market protectionism has been rectified. The authors also found that NEV models for all commercial vehicle types are widely available, ranging from several hundred models for buses to several dozen for heavy tractor trucks. Urban and regional freight and Tier 3–5 cities are where the government could increase investment and focus policy. Because cities and provinces heavily depend on internal combustion engine vehicles for trans-regional freight delivery, there is very great potential for NEV trucks to meet local and regional freight transportation demand. In addition, fast growth and modernization in smaller urban areas is expected to generate great demand for automobiles. With effective policies, and enough vehicle models available, such cities can become big adopters of NEVs. This study is intended as a guide not only for cities in China, but around the world.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: 68p

Subject/Index Terms

Filing Info

  • Accession Number: 01868432
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Dec 23 2022 2:07PM