Market Research Report Search Engine Added "NEV Taxi Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" to its database.

1. NEV Taxi Market Competitive Analysis with Future Scenario
by 2020
Report Description
Owing to consistent government efforts to promote NEV taxis
as a means to reduce air pollution, the NEV taxi market in
China is expected to grow significantly in the coming years.

2. The report predicts the market to exhibit growth at a 36.5%
CAGR during the forecast period from 2014 to 2020. In-depth
analysis of NEV taxi market has been presented in the report,
mentioning the key drivers, restraints, latest trends, and
future opportunities in the market. To support its analysis of
the growth factors for the market, the report collects crucial
data related to the market, thereby presenting a
comprehensive picture of the overall NEV taxi market in
China.
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3. The report uses latest research techniques to study the entire
value chain of the NEV taxi market. Profiling key market
players and using analytical tools such as Porter’s five forces
analysis and SWOT analysis, the report provides detailed
information about the vendor landscape of the NEV taxi
market.
Overview of the NEV Taxi Market in China
In Chinese cities such as Beijing, Shanghai, Guangzhou, and
Xi’an, PM2.5 (particles with an aerodynamic diameter less
than 2.5 m) air pollution is a major concern. Theμ
concentration levels of PM2.5 in all these cities exceed WHO
air quality guidelines. The report points out that to reduce

4. pollution across the nation as well as dependence on foreign
oil imports, the Chinese government has been offering high
subsidies on the purchase of new energy vehicles. National
and regional price subsidies on NEV taxis, with special
reference to key cities such as Beijing, Shanghai, and
Guangdong have been discussed in the report. The
government has also started NEV taxi fleets, which will fuel
the growth of the market.
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Increase in demand for long range new energy vehicles has
led battery suppliers to striving to improve the technology

5. behind it. The report provides information on some of the
battery suppliers and indicates that advanced technology such
as vehicle-to-grid and battery swapping technologies will
create a massive opportunity for the NEV taxi market.
However, the report indicates that the absence of
comprehensive infrastructure along with the high cost of NEV
taxis could deter the growth of the market.
The report categorizes the NEV taxi market based upon the
ownership of the vehicles. A detailed analysis of inpidually
and company-owned NEV taxis has been presented in the
report. The NEV taxi market has been also segmented on the
basis of range. The report predicts that the short range taxi
segment is expected to grow consistently, as commuters

6. prefer short range taxis to travel within a city. The long
range taxi segment is predicted to expand thanks to advances
in battery technology.
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Companies mentioned in the research report:
Mentioning the competition in China NEV Taxi market, the
report points out that BYD Auto Co. Ltd. is the leading
player followed by Anhui Jianghuai Automobile Co Ltd (JAC).
Changan Automobile Co. Ltd, Beijing Automotive Industry
Holding Co. Ltd. (BAIC), Dongfeng Nissan Passenger Vehicle

7. Company, and Beiqi Foton Motor Co. Ltd., are some of the
other key competitors in the market.
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