Home » Automotive, Business » China Electric Vehicle Market Expected To Reach 273,150 Units By 2017: Radiant Insights
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Radiant Insights has announced the addition of the “Research and Forecast of China Electric Vehicle Industry, 2013-2017” report to their offering.

In overall electric vehicle market, the output in China is still relatively low. According to the statistics of China Association of Automobile Manufacturers, China’s electric vehicle output in 2012 was only 12,552 units. In 2012, the main type of electric vehicle is pure electric type with the output of 11,241 units, accounting for the vast proportion of total output; compared with 2011, the output increased by 98.8% year-on-year. As for the hybrid electric vehicles, the output in 2012 was only 1,311 units. With the promotion of national industrial policies, the electric vehicle industry will develop rapidly, and the output is expected to reach 273,150 units by 2017.

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http://www.radiantinsights.com/research/research-and-forecast-of-china-electric-vehicle-industry-2013-2017

As for the “Plan Draft for the Development of Energy-saving and New Energy Automotive Industry”, the development route of China’s new energy automotive industry which takes electric vehicles (including pure electric vehicles and plug-in hybrid electric vehicles, the same below) as the main strategic orientation has been determined basically. During the whole period of the “Twelfth Five-Year”, the state will give priority and pay more attention to supporting the development of pure electric vehicles and plug-in hybrid electric vehicles, so as to increase the cumulate sales volume of electric vehicles largely. And also, the three core technical directions of power battery, motor and electric control technology have been also determined.

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 As a kind of energy-saving automobile with transitional technology, hybrid electric vehicles (excluding plug-in hybrid electric vehicles) only enjoy the preferential finance and taxation or subsidies which are much lower than the electric vehicles. This also indicates the technical route for the development of China’s electric vehicle industry.          

Latest Report by Radiant Insights: 

Research and Forecast of China Edible Vegetable Oil Industry, 2013-2017:
http://www.radiantinsights.com/research/research-and-forecast-of-china-edible-vegetable-oil-industry-2013-2017

From 2009 to 2012, the output of China’s edible vegetable oil had been showing an upward trend; by 2012, the output reached 51.761 million tons. It is estimated that this output volume will continue to increase in the next few years, and the growth rate will remain at the level of 17%; by 2017, the output will reach 115.929 million tons, and China will become a real major oil country all over the world.

In-depth Analysis and Forecast of China Rare Earth Permanent Magnet Industry, 2013-2017:
http://www.radiantinsights.com/research/in-depth-analysis-and-forecast-of-china-rare-earth-permanent-magnet-industry-2013-2017

The reserves of China’s rare earth account for about 23% of the total world reserves. In 2012, the annual production volume of China’s rare earth accounted for over 85% of the total world production volume. The production volume of China’s rare earth permanent magnet exceeded 80% of the world one, becoming the world largest production base of rare earth permanent magnet as well as the important application market of rare earth permanent magnet.  

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