China has become the world's largest producer of electric vehicles. Last year, China sold 507 thousand electric vehicles, including buses and commercial vehicles, accounting for about 45% of the world's total sales of electric vehicles, according to the China automotive industry association.
Reported that since 1960s, for the emerging economies of Asia, winning the selection of industry is an effective strategy has been proved repeatedly, Chinese is committed to become the electric vehicle industry leader and successful policy agree without prior without previous consultation in Japan and South korea. Electric cars just Chinese "China aspiring made 2025" programme of action as part of the program to the next ten years will be the mid Chinese from a low cost manufacturing country into a dominant in ten advanced high-tech in the field of power -- including those in the field of robotics, semiconductor and electric the car.
Reported that if the Chinese environmental and economic motivations, in fact, China also saw a can use competitive advantage: Although Chinese engine technology has been very backward, but Chinese has two top ranked top 5 global lithium battery manufacturer: Ningde times new energy science and Technology Co Ltd and BYD.
"If the car engine and power transmission system is a simple battery replacement, the global auto industry giants will lose control of the car (production)," Shanghai consulting company car market forecast Zhang said, "the car into a pile of parts can be produced from any outsourcing."
In short, the car could become another industry driven by commercial hardware, following smartphones and computers, most of which are currently in mass production in southern China, the report said. At present, foreign competitors have blocked the technology of hybrid and internal combustion engine transmission systems, but many Chinese companies have patent advantages in battery drive technology. Goldman Sachs estimates that by 2030, China will occupy 60% of the world's total sales of new energy vehicles.
"They want to create an industry that meets the needs of their own security by reducing oil imports, and they can dominate it." An automotive industry executives said.
However, experts say the batteries are too heavy and too expensive, which means that electric vehicles will not attract consumers without government subsidies.