Maximize Market Research's latest report, " Global China Electric Car Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
China Electric Car Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching US$ XX Mn. The report has covered country wise market trends with competitive landscape.
Global China Electric Car Market Overview
After many years of growing electric-car sales, driven by substantial government subsidies for customers, the government last year started cutting those funds, causing sales to fall. Unreliable batteries & other quality problems have also dampened buyer’s enthusiasm. Nio last year evoked 4,800 car batteries after reports of several fires, worsening the unprofitable company’s already precarious finances.
The startup lost $1.2 Bn in the first nine months of 2019 & recently warned it could run out of cash this year unless it raises new funding. For now foreign car companies continue to see gold in China & are enhancing local production of their own electric vehicles.In October, Volkswagen & its Chinese joint-venture partners will start production at two factories, in Shanghai & Foshan, with total potential output of 600,000 electric cars a year.
Ford in recent months began selling its battery-powered Territory SUV, produced in a JV with China’s Jiangling Motors, & is targeting to launch its electric Mustang Mach-E in China in 2021.Consumer demand remains uncertain.
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Global China Electric Car Market Major Market Players
• BMW Group
• Nissan Motor Corporation
• Toyota Motor Corporation
• Volkswagen AG
• General Motors
• Daimler AG
• Energica Motor Company S.p.A.
• BYD Company Motors
• Ford Motor Company.
• Qingyuan Auto
• Noble Automotive
• BAIC BluePark New Energy
• Li Auto
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global China Electric Car Market by Types and Applications:
China Electric Car Market, by Technology
China Electric Car Market, by Product
China Electric Car Market, by Battery
China Electric Car Market, by Battery Capacity
• >201 Ah
• <201 Ah
China Electric Car Market, by End-User
• Shared mobility providers
• Government organizations
• Personal users
The report has covered the market size by country (regions) for the global China Electric Car market. Segment by Application. The China Electric Car Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the China Electric Car Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global China Electric Car Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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