The Chinese EV market accounted for 47 000 units in 2014
- Details
- The Chinese passenger car market (PC) of electric vehicles (100% electric and plug-in) accounted for 47 418 units in 2014, 3.5 times more than in 2013. In Europe, the electric vehicle market represents 93 000 units 2014 (+ 56% compared to 2013). Finally, in the US 119 000 electric vehicles were sold last year (+ 23%).
- The Chinese market is still two times lower than the European market and 2.5 times lower than the US market. The Chinese government, however, is optimistic for 2015, as it announced a market of between 150 000 and 200 000 units. It is not clear at this time what the share of passenger cars and what the share of electric cars without license will be (this segment developing rapidly in China).
- In the US, sales of electric vehicles are mainly concentrated on three vehicles: the Nissan Leaf, Chevrolet Volt and Tesla Model S. These three vehicles represent more than 85% of the EV market in 2014. In China, sales of EVs are also concentrated around few models: 4 vehicles (Qin BYD, Chery QQ3 EV Zotye E20 and E150 BAIC EV) represent 74% of the EV market. Finally in Europe, sales are spread over more models. Thus, the three best selling EVs in Europe (Nissan Leaf, Mitsubishi Outlander PHEV and Renault Zoe) "represent only" 50% of the EV market.
- Finally it should be noted that in Europe and the USA, the best-selling model is the Nissan Leaf, a 100% electric vehicle, while in China it is a plug-in hybrid vehicle, the BYD Qin.
Contact us: info@inovev.com
Read more... The Chinese EV market accounted for 47 000 units in 2014
Jaguar introduces the next gen XF
- Details
Contact us: info@inovev.com
Canadian production increased by 6% in 2014
- Details
Contact us: info@inovev.com
Italian production stabilized in 2014
- Details
Contact us: info@inovev.com
Uzbek production appears to have reached a plateau in 2014
- Details
- Uzbek automobile production is represented by a single national group (Uz Daewoo) which manufactures Chevrolet / Daewoo vehicles under license from parts from South Korea. In 2014, the Uzbek production stabilised at the record level of (246 000 units). It must be remembered that in 2005 Uzbekistan produced only 100 000 vehicles, which means that the country has seen its car production multiplied by 2.5 in nine years.
- It is the country's good economic health that allowed such a boom, most of Uzbek production is sold locally and the domestic market has been booming for the last ten years. Some vehicles are exported to Russia, but their quantity remains low compared to the overall production volume of Uzbekistan.
- They have still been numerous enough to cause a decline in production in Uzbekistan in 2014, due to a declining Russian market last year (-10.3%), this decline is forecasted to increase in 2015 and may have a negative influence on the volume of Uzbek production this year (drop in exports).
- Six models are currently manufactured in Uzbekistan (in the Asaka plant) the Nexia, Lacetti, Damascus, Daewoo Matiz original, the Cobalt and Chevrolet Spark Original (GM Korea). No communication has been made on the future development of the production program of the Uz Daewoo group.
Contact us: info@inovev.com
Read more... Uzbek production appears to have reached a plateau in 2014





