British Media Said China Will Dominate The World‘s Electric Car Market

China Will Soon Become The World‘s Main Production Base For Electric Vehicles, And More And More Automakers Have Formulated Strategies To Develop Electric Vehicles In The Chinese Market. The Bbc Chinese Website Reported On The 15th That Simon Morse, General Manager Of Uk Benchmark Mining Intelligence (a Company That Collects Price Data And Assesses The Lithium Battery Industry‘s Supply Chain), Said That China‘s Lithium Battery Industry Is Becoming The Strongest In The World. In A Recent Interview With Chinese Media, He Said That Very Large Lithium Battery Factories Are Emerging, And Most Of The New Production Capacity Is Concentrated In China.

Simon Morse Said That Although The Super-large Lithium Battery Factory Started With Tesla, China‘s Lithium Battery Production Giants Such As Byd, New Energy (atl) And Lishen 70% Of The New Factories Are Located In China.

 Lithium Battery Manufacturing Base

He Also Said That We Have Also Seen Japanese And Korean Manufacturers Also Building Super-giant Factories In China. China‘s Lithium Battery Production Capacity Will Account For 62% Of The World‘s Total In 2020.

According To The British Benchmark Mining Intelligence, The Output Of Lithium Battery Factories In China Is Currently 16.4 Gwh, And The Total Output Will Reach 107.5 Gwh By 2020.

Increasing Demand For Electric Vehicles, The Government‘s Increased Requirements For Energy-saving Lamps And Other Factors Have Promoted The Development Of The Lithium Battery Market.

 "the Global Market Is Undergoing Rapid Changes, And Vehicles With Smaller Batteries Are Shifting To Large Electric Vehicles." Morse Said, "the Increase In Electric Bicycles In China Is Also An Important Factor, And The Replacement Of Gasoline-engined Cars By Electric Cars Will Be A Key Change."

 He Also Said That When Electric Vehicles That Can Travel More Than 230 Miles (about 370 Kilometers) On A Single Charge Come Out And Are Reasonably Priced, Then The Electric Vehicle Market Has Truly Ushered In A Period Of Great Development. He Predicts That These Will Be Realized In 3 Years.

Morse Said That Investing In Lithium Batteries And Cooperating With Major Technology Companies To Build New Electric Vehicles Is Very Important To China And Will Allow China To Maintain Its Leading Position.

"china May Become The World‘s Main Production Base For Chinese Electric Vehicles And Western Brands Of Electric Vehicles. In The Case Of Cooperation, China Will Firmly Seize This Opportunity."

why Electric Cars

Ford Motor Company Has Just Announced Its Strategy Of Developing Electric Vehicles In China. Ford Motor Plans To Move 70% Of Its Electric-powered Cars To China By 2025.

 It Is Reported That Tesla’s 2016 Sales Of Usd 1 Billion Of Usd 7 Billion Were Realized In China, And The Company’s President Said That China Will Account For The Largest Share Of The Company’s Global Sales In A Few Years.

 The President Of Volkswagen Recently Said That Their New I.d. Electric Car Was Designed With The Chinese Market In Mind. The Company Plans To Achieve 1 Million Sales Of Electric Vehicles In China Each Year By 2025.

　　

  At The Same Time. Chinese Electric Vehicle Manufacturer Bydiya Has An Impact In The Us Market, And They Are Selling Electric Buses And Electric Trucks To Customers. Byd Is Strongly Supported By American Investors Buffett And Berkshire Hathaway.

automotive Industry Analysts Believe That There Are Two Main Reasons For The Development Of China‘s Electric Vehicle Market. One Is That The Proportion Of Surplus People In The Chinese Population Has Expanded. They Hope To Drive Luxury Electric Vehicles Such As Teslas Because They Can Be More Durable, Powerful, And Have A Good Image.

Another Reason Is Population Distribution. More And More Chinese Population Enters Megacities To Enjoy Better Education And Training There, And Farmers Enter The Megacities For Employment. These People Need Transportation Other Than Railways And Buses, And Small Electric Vehicles Are More Suitable For Them To Use In Crowded Cities.