Increasing consumer inclination towards clean fuel automobiles and growing charging infrastructure to drive China electric vehicle market to reach $ 330 bn by 2024 exhibiting at CAGR of over 28%. Read: https://www.techsciresearch.com/news/3684-china-electric-vehicle-market-to-grow-at-28-cagr-until-2024.html

1. China Electric Vehicle Market
PUBLISHED: JANUARY 2019
M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
By Vehicle Type, By Drivetrain Technology,
By Charging Infrastructure,
Competition, Forecast & Opportunities,
2014-2024

2. 2
© TechSci Research
Ta b l e o f C o n t e n t s
S No. Contents
1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Brand Recall
4.3. Brand Satisfaction Level
5. China Electric Vehicle Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Passenger Car, Two-Wheeler, Three-Wheeler and Commercial Vehicles)
5.2.2. By Drivetrain Technology (Battery Electric Vehicle Vs. Plug-in Hybrid Electric Vehicle)
5.2.3. By Charging Infrastructure (Wired Charging Vs. Wireless Charging)
5.2.4. By Region
5.2.5. By Company
5.3. Market Attractiveness Index (By Vehicle Type)
5.4. Market Attractiveness Index (By Drivetrain Technology)
6. China Electric Two-Wheeler Market Outlook
6.1. Market Size & Forecast

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© TechSci Research
Ta b l e o f C o n t e n t s
S No. Contents
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type
6.2.2. By Drivetrain Technology
6.3. Market Attractiveness Index (By Vehicle Type)
7. China Electric Three-Wheeler Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Drivetrain Technology
7.3. Market Attractiveness Index (By Vehicle Type)
8. China Electric Passenger Car Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Drivetrain Technology
8.3. Market Attractiveness Index (By Vehicle Type)
8.4. Market Attractiveness Index (By Drivetrain Technology)

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© TechSci Research
Ta b l e o f C o n t e n t s
S No. Contents
9. China Electric Commercial Vehicle Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Drivetrain Technology
9.3. Market Attractiveness Index (By Vehicle Type)
9.4. Market Attractiveness Index (By Drivetrain Technology)
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. Pricing & Price Point Analysis
14. China Economic Profile
15. Competitive Landscape
15.1. Yadea Group Holdings Ltd.
15.2. AIMA Technology Group Co., Ltd
15.3. Zhejiang Luyuan Electric Vehicle
15.4. Jiangsu Xinri E-Vehicle Co.,Ltd

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© TechSci Research
Ta b l e o f C o n t e n t s
S No. Contents
15.5. Dongguan Tailing Electric Vehicle Co., Ltd.
15.6. Shandong Incalcu Electric Vehicle Co., Ltd
15.7. BYD Company Limited
15.8. Tesla Inc.
15.9. BAIC International Corporation
15.10. Geely Automobile Holdings Ltd
16. Strategic Recommendations
17. About Us & Disclaimer

6. © TechSci Research
P r o d u c t O v e r v i e w
6
Classification According to Vehicle Type
Vehicle Segment Sub-Segment Drivetrain Technology
Two-Wheeler
Motorcycle
BEV
PHEV
Scooter/Mopeds
Three-Wheeler
Passenger Carrier
BEV
PHEV
Load Carrier
Passenger Car
Hatchback
BEV
PHEV
Sedan
SUV
BEV
PHEV
Commercial Vehicle
LCV
M&HCV
An electric vehicle is defined as an automobile which is powered entirely or partially by
electrically rechargeable batteries instead of a conventional internal combustion engine (ICE).
Electric Vehicle Definition

7. © TechSci Research
R e s e a r c h M e t h o d o l o g y
A
C
B
Primary
Research
Company
Analysis
Desk
Research
❑ Identifying Key Opinion
Leaders
❑ Questionnaire Design
❑ In-depth Interviews
❑ Market Participants
❑ Key Strengths
❑ Recent
Developments
❑ Market
Changing
Aspects/Dyna
mics
❑ Government
Policies
❑ Final
Conclusion
❑ LinkedIn
❑ TechSci Internal
database
❑ Factiva
❑ Hoovers
Paid Sources
❑ Company Website
❑ Company Annual
Reports
❑ White Paper Study
❑ Financial Reports
❑ Investor
Presentations
❑ Regulatory Body,
❑ Associations, etc.
Secondary
Research
Primary
Research
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
•In-depth secondary research was conducted to
determine top players in China electric Vehicle
market, overall market size and segmental
market size.
Market Profiling
•In order to conduct industry experts interviews,
TechSci formulated a detailed questionnaire.
Formulating Questionnaire
•List of industry players and industry specialists
was developed.
Developing list of respondents
•TechSci conducted interviews with industry
experts, industry players, for data collection and
verification.
Data Collection
•Data obtained as a result of primary and
secondary research was validated through
rigorous triangulation.
Data Validation
•The data was scrutinized using MS-Excel and
statistical tools, such as Time Series Analysis
etc., to obtain qualitative and quantitative
insights about the China electric vehicle market.
Data Analysis
7

8. © TechSci Research
Baseline Methodology:
For the study, TechSci Research has gathered information through primary research surveys with leading electric
vehicle companies operating across the country. We also put through an exhaustive search of credible paid databases,
such as Business Week, Factiva and Hoovers, including our internal database. Our team of analysts has then prudently
evaluated all the collected information and presented the same in chronological order to depict a meaningful and clear
picture of China electric vehicle market. While compiling the data, we have also cross checked all the collected
information from multiple sources and data warehouses, so as to present the most accurate and precise information of
the concerned industry. We have used innovative business model that focuses on improving productivity, while
ensuring creation of high-quality reports.
8
Market Size Calculation Technique:
Primary Research
For the preparation of China electric vehicle market report, bottom-up model has been used, which has been later
cross-validated by using top-down approach. TechSci interviewed senior managers and regional managers of the
prominent electric vehicle companies using Delphi technique for calculating China electric vehicle market size.
Respondents were also asked about the current and future growth rates, market share by product type, etc. All the
information gathered was carefully analyzed. Data points which exhibited high deviations from the majority estimates
were eliminated as outliers and the remaining refined data points were put together to arrive at the volume data.
R e s e a r c h M e t h o d o l o g y

9. © TechSci Research
Primary Research – Few of the Companies Interviewed
S. No. Company Names
1. Yadea Group Holdings Ltd.
2. AIMA Technology Group Co., Ltd
3 Zhejiang Luyuan Electric Vehicle
4. Jiangsu Xinri E-Vehicle Co.,Ltd
5. Dongguan Tailing Electric Vehicle Co., Ltd.
6. Shandong Incalcu Electric Vehicle Co., Ltd
7. BYD Company Limited
8. Tesla Inc.
9. BAIC International Corporation
10. Geely Automobile Holdings Ltd
Secondary Research:
We have also put through an exhaustive search of credible paid databases, such as Factiva and Hoovers, n addition to
our internal database. Further analysis of credible publications, white papers, companies’ annual reports, investor
presentations, news articles, etc., was done to cross-validate the end findings derived from primary research.
9
Forecasting Technique:
The team has done forecasting on the basis of econometric and judgemental analysis in addition to statistical
techniques, such as averaging and geometric mean. During primary interviews, questions regarding historical trends
of electric two-wheeler market during the last five years were put forward. Respondents were asked about the current
and future growth rates and market share by product type. In order to forecast North America electric two-wheeler
market, following forecast techniques have been used:
• Time Series Analysis
• Econometric and Judgmental Analysis
• Moving Average
R e s e a r c h M e t h o d o l o g y

10. © TechSci Research
I n d u s t r y B r i e f
According to TechSci Research report, “China Electric Vehicle Market By Vehicle Type, By Drivetrain Technology, By Charging
Infrastructure, Competition, Forecast & Opportunities, 2014 – 2024”, China electric vehicle market is projected to grow at a CAGR of
over 28% during 2019 - 2024. The primary factor expected to drive the market is the favorable government policy, which targets
electric vehicle sales constituting 10% of the conventional passenger vehicle market by 2019 and 12% by 2020. Rising air pollution
levels, expanding charging infrastructure and increasing consumer preference towards electric vehicles are some of the other major
factors expected to boost sales of electric vehicles in China during the forecast period.
Growing presence of various companies such as Yadea Group Holdings Ltd., AIMA Technology Co. Ltd, Zhejiang Luyuan Electric
Vehicle and BYD Company, in addition to their rising focus on research & development efforts to manufacture technologically
advanced as well as more affordable electric vehicles, is anticipated to positively influence the country’s electric vehicle market in the
coming years. Electric two-wheeler segment accounted for three-fourth of the market share in 2017, and the segment is expected to
maintain its market dominance during the forecast period, backed by economical pricing, ease of availability, and faster charging
time as compared to other electric vehicle types. North China is the largest demand generating region for electric vehicles in China,
owing to huge population, rapid urbanization, and presence of major electric vehicle manufacturers and their strong dealer and
distribution network across the region.
“Favorable government policies such as subsidies and tax exemptions aimed at encouraging the use of electric vehicles coupled with
rising disposable income is boosting sales of electric vehicles in China. Moreover, air pollution levels are growing at an alarming rate
in the country, owing to which consumer preference is gradually shifting towards electric vehicles. These factors are anticipated to
have a positive impact on China electric vehicle market over the course of next five years.”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.

11. © TechSci Research
S a m p l e D a t a - S n a p s h o t
North-east China
2018 xx%
2024F xx%
North China
2018 xx%
2024F xx%
China Electric Vehicle Market Share, By Region, By Volume,2018 & 2024F
50.00%
50.00%
50.00%
50.00%
50.00%
50.00%
2018
Yadea Group Holdings Ltd.
AIMA Technology Group Co., Ltd
Zhejiang Luyuan Electric Vehicle Co.,Ltd
Jiangsu Xinri E-Vehicle Co
Dongguan Tailing Electric Vehicle Co
Others
Private
Charging Pile,
50%
AC Charging
Pile (Public),
50%
DC Charging
Pile (Public),
50%
AC and DC Integrated
Pile (Public), 50%
China Public EV Charging Infrastructure, By Electricity
Type, 2017
BEV
PHEV
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
0.00 0.20 0.40 0.60 0.80 1.00 1.20
CAGR(2019E-2024F)
Low Medium High
China Electric Vehicle Market Attractiveness Index, By Drivetrain
Technology, By Volume, 2019E-2024F

12. © TechSci Research
R e p o r t O r d e r i n g
L i c e n s e T y p e P r i c e
S i n g l e U s e r L i c e n s e $ 3 4 5 0
M u l t i - U s e r L i c e n s e $ 4 4 5 0
C u s t o m R e s e a r c h L i c e n s e $ 8 4 5 0
To V i e w S a m p l e O R P u r c h a s e R e p o r t
R e p o r t N a m e : C h i n a E l e c t r i c V e h i c l e M a r k e t B y V e h i c l e T y p e ,
B y D r i v e t r a i n T e c h n o l o g y , B y C h a r g i n g I n f r a s t r u c t u r e ,
C o m p e t i t i o n , F o r e c a s t & O p p o r t u n i t i e s , 2 0 1 4 - 2 0 2 4

13. © TechSci Research
13
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TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research
provides market research reports in a number of areas to organizations. The company uses innovative business models that focus
on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various
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of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends,
the result is a uniquely rich evaluation of the opportunities available in the market.
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