NEV Taxi Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020

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Transparency Market Research NEV Taxi Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date 2014-07-07

96 Page Report

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Press Release

China New Energy Vehicle (NEV) Taxi Market to Reach USD 560.5 Million by 2020 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com


NEV Taxi Market

REPORT DESCRIPTION

NEV Taxi Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020 According to a new market report “ NEV Taxi Market - China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” published by Transparency Market Research www.transparencymarketresearch.com), the market for NEV Taxi in China is forecast to reach a value of USD 560.5 million by 2020. The market growth is driven by government support and favorable government policies to increase the adoption of NEV taxis over conventional fuel taxis. Under the confluence effect of various macro and micro economic factors, the China NEV taxi market is forecast to grow at a compounded rate of 36.5% during the period 2014 – 2020. The report on China NEV taxi market provides insight to market size and various trends influencing the growth for the 6 years of forecast period ending 2020. Factors such as favorable government policies, growing need to improve air quality, escalating efforts to reduce China’s dependence on foreign oil, and advancements in battery technology are some of the key growth drivers. The magnitude of impact of these factors on market growth however varies from province to province. Browse The Market Research Report of NEV Taxi Market : http://www.transparencymarketresearch.com/china-nev-taxi-market.html Beijing, Guangdong and Shanghai provinces in particular, are experiencing high growth due to rising number of government NEV taxi fleets and improving charging infrastructure. Growth across other provinces such as Taiwan, Zhejiang, Jilin and Anhui too is substantial, led by support from local governments. Long range NEV taxis are expected to gain popularity in the coming years with improvements in EV battery technology whereas; short range NEV taxis will continue to grow as they are preferred by frequent commuters for commute within a city.

The report also highlights key challenges faced by the NEV taxi market. Absences of complete and comprehensive charging infrastructure in China coupled with high cost of electric vehicles are the major factors inhibiting the growth of NEV taxis in China. However, the impact of these challenges is expected to reduce in the long term, as the government is strongly focusing on increasing the number of charging stations and offering high subsidies on the purchase of NEVs.

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NEV Taxi Market

The report further provides analysis of the China NEV taxi market based on different types of NEV taxi ownerships. The analysis of company owned and individually owned NEV taxis along with their forecast till 2020 is covered in the report. Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=s&rep_id=2561 In addition, the report provides competitive insights to strategies adopted by industry players and recent developments taking place, which are driving the growth trends. The revenue analysis of the industry players identifies BYD Auto Co., Ltd. as the leading player, followed by Anhui Jianghuai Automobile Co Ltd (JAC). The other leading players include Beijing Automotive Industry Holding Co., Ltd. (BAIC), Changan Automobile Co., Ltd, Beiqi Foton Motor Co., Ltd. and Dongfeng Nissan Passenger Vehicle Company among others. Apart from these major players, considerable share of the market is held by different regional and small players. China NEV Taxi Market, by Ownership •

Company owned

Individually owned

China NEV Taxi Market, by Taxi Range: •

Short range

Long range

Browse Press Release of NEV Taxi Market : http://www.transparencymarketresearch.com/pressrelease/china-nev-taxi-market.htm

TABLE OF CONTENT

Chapter 1 Preface 1.1 Report description

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NEV Taxi Market

1.2 Research scope 1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 NEV Taxi Market Overview 3.1 Introduction 3.2 Total number of taxis in China by region, 2013 3.2.1 Total number of taxis in China, 2012 – 2020 3.3 NEV policies and subsidies in China (by region) 3.3.1 Overview of national and regional price subsidies in China 3.3.2 Beijing 3.3.3 Shanghai 3.3.4 Guangdong 3.3.5 Taiwan 3.3.6 Others (Jilin, Anhui, Liaoning, Heilongjiang, Zhejiang etc.) 3.4 China electric vehicle battery OEMs 3.5 Battery specification overview for China market 3.6 Information on battery suppliers 3.6.1 Zhejiang Wanxiang Group

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3.6.2 Beijing Pride Power System Technology Limited. 3.6.3 CITIC Guoan MGL New Energy Technology Co., Ltd. 3.7 Taxi companies in China 3.8 Market trends and future outlook 3.8.1 Specific NEV taxi sales target 3.9 Market dynamics 3.9.1 Drivers 3.9.1.1 Government support and favorable government policies 3.9.1.2 Increased traffic congestion leading to air quality issues 3.9.1.3 Oil price and independence 3.9.1.4 Advancements in battery technology 3.9.2 Restraints 3.9.2.1 Absence of comprehensive charging infrastructure 3.9.2.2 Cost of vehicles/batteries 3.9.2.3 Safety and reliability 3.9.3 Opportunities 3.9.3.1 Sustainable electric mobility 3.9.3.1.1 Methodology 3.9.3.2 Use of battery swap model 3.9.3.2.1 Battery swapping business status in China 3.9.3.3 Vehicle-to-Grid (V2G) technology

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3.9.3.4 Use of Range-Extended Electric Vehicles (REEVs) 3.10 Porters five force analysis 3.10.1 Bargaining power of suppliers 3.10.2 Bargaining power of buyers 3.10.3 Threat of substitute products 3.10.4 Threat of new entrants 3.10.5 Degree of competition 3.11 Value chain analysis 3.12 Competitive analysis, 2013 3.12.1 Leading NEV taxi operating companies in China 3.12.1.1 Pengcheng Electric Vehicle Taxi Co. Ltd. 3.12.1.1.1 Business overview: 3.12.1.2 Fangshan Fangan Taxi Company 3.12.1.2.1 Business overview 3.12.1.3 Tong Hui Jie Electric Taxi Company 3.12.1.3.1 Business overview 3.12.1.4 Beijing Guichuan Taxi Co., Ltd. 3.12.1.4.1 Business overview 3.12.1.5 Nanjing Jiangnan Electric Taxi Ltd. 3.12.1.5.1 Business overview 3.13 Market attractiveness by taxi range, 2013

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Chapter 4 China NEV Taxi Market, by Owner Type 4.1 Introduction 4.1.1 China NEV taxi market, by owner type, 2013 & 2020 (%) 4.2 Company owned 4.2.1 China company owned NEV taxi market, 2012 – 2020 4.3 Individually owned 4.3.1 China individually owned NEV taxi market, 2012 - 2020

Chapter 5 China NEV Taxi Market, by Taxi Range 5.1 Introduction 5.1.1 China NEV taxi market, by taxi range, 2013 & 2020 (%) 5.2 Short range 5.2.1 China short range NEV taxi market, 2012 – 2020 5.3 Long range 5.3.1 China long range NEV taxi market, 2012 – 2020

Chapter 6 Company Profiles 6.1 BYD Auto Co., Ltd. 6.1.1 Company overview

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6.1.2 Financial overview 6.1.3 Product specification (NEV Taxi) 6.1.4 SWOT analysis 6.1.5 Business strategy 6.1.5.1 Focus on research and development 6.1.5.2 Growth through inorganic expansion 6.1.6 Recent developments 6.2 Anhui Jianghuai Automobile Co., Ltd 6.2.1 Company overview 6.2.2 Financial overview 6.2.3 Product specification (NEV Taxi) 6.2.4 SWOT analysis 6.2.5 Business strategy 6.2.5.1 Innovation and new product development 6.2.5.2 Focus on research and development 6.2.6 Recent developments 6.3 Beijing Automotive Industry Holding Co., Ltd 6.3.1 Company overview 6.3.2 Financial overview 6.3.3 Product specification (NEV Taxi) 6.3.4 SWOT analysis

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6.3.5 Business strategy 6.3.5.1 Growth through strategic partnerships and focus on R&D 6.3.6 Recent developments 6.4 Beiqi Foton Motor Co., Ltd. 6.4.1 Company overview 6.4.2 Financial overview 6.4.3 Product specification (NEV Taxi) 6.4.4 SWOT analysis 6.4.5 Business strategy 6.4.5.1 Business Expansion 6.4.6 Recent developments 6.5 Chongqing Changan Automobile Company Limited 6.5.1 Company overview 6.5.2 Financial overview 6.5.3 Product specification (NEV Taxi) 6.5.4 SWOT analysis 6.5.5 Business strategy 6.5.5.1 Business expansion through strong R&D capabilities 6.5.6 Recent developments 6.6 ZAP Jonway, Inc. 6.6.1 Company overview

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6.6.2 Financial overview 6.6.3 Business strategy 6.6.3.1 New product development 6.6.3.2 Focus on expanding sales distribution network 6.6.4 SWOT analysis 6.6.5 Recent developments 6.7 Dongfeng Nissan Passenger Vehicle Company 6.7.1 Company overview 6.7.2 Financial overview 6.7.3 Product specification (NEV Taxi) 6.7.4 SWOT analysis 6.7.5 Business strategy 6.7.5.1 Focus on investments for technological innovations 6.7.6 Recent developments 6.8 Zhejiang Geely Holding Group Co., Ltd. 6.8.1 Company overview 6.8.2 Financial Overview 6.8.3 Product specification (NEV Taxi) 6.8.4 Business strategy 6.8.4.1 Focus on research and development 6.8.5 SWOT analysis

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6.8.6 Recent developments 6.9 China FAW Group Corporation 6.9.1 Company overview 6.9.2 Financial Overview 6.9.3 Product specification (NEV Taxi) 6.9.4 SWOT analysis 6.9.5 Business strategy 6.9.5.1 Investment in research and development 6.9.5.2 Increasing production capacity 6.9.6 Recent developments List of Figures

FIG. 1 Market segmentation: China NEV Taxi Market FIG. 2 China NEV taxi market, 2012 – 2020 (USD Million) (Units) FIG. 3 Number of taxis in China, 2012 – 2020 (million units) FIG. 4 Oil consumption and production in China, 2008 – 2013 FIG. 5 Gasoline demand in China (Based on Auto sales), 2008 – 2012 FIG. 6 Lithium-ion battery selling price, 2011- 2017 (USD/kWh) FIG. 7 Number of charging points, by cities, 2011 FIG. 8 Number of charging stations, by cities, 2011

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FIG. 9 Number of charging stations, 2012 - 2015 FIG. 10 China NEV taxi: Porters five forces analysis FIG. 11 Value chain analysis of the NEV taxi market in China FIG. 12 Market share of leading NEV taxi manufacturers in China, 2013 FIG. 13 China NEV taxi market attractiveness, by taxi range FIG. 14 China NEV taxi market, by owner type, 2013 & 2020 (%) FIG. 15 China company owned NEV taxi market, 2012 - 2020 FIG. 16 China individually owned NEV taxi market, 2012 - 2020 FIG. 17 China NEV taxi market, by taxi range, 2013 & 2020 (%) FIG. 18 China short range NEV taxi market, 2012 - 2020 FIG. 19 China long range NEV taxi market, 2012 - 2020 FIG. 20 BYD Company Ltd annual revenue, 2011 – 2013 (USD billion) FIG. 21 Anhui Jianghuai Automobile Co., Ltd annual revenue, 2010 – 2012 (USD billion) FIG. 22 Beijing Automotive Industry Holding Co., Ltd. annual revenue, 2011 – 2012 (USD billion) FIG. 23 Beiqi Foton Motor Co., Ltd. annual revenue, 2010-2012, (USD Billion) FIG. 24 Changan Automobile Company Limited annual revenue, 2010-2012, (USD Billion) FIG. 25 Zap Jonway, Inc., 2010-2012, (USD million) FIG. 26 Dongfeng Nissan Passenger Vehicle Company, 2010-2012, (USD billion) FIG. 27 Zhejiang Geely Holding Group Co., Ltd. annual revenue, 2010 – 2012 (USD Billion) List of Tables

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TABLE 1 China NEV taxi market snapshot TABLE 2 New Energy Vehicle sales in China TABLE 3 Ratio of total number of taxis to population in different provinces TABLE 4 Infrastructure promotion policies for new energy vehicles TABLE 5 Tax subsidies policies for new energy vehicles TABLE 6 Overview of national and regional subsidies TABLE 7 Electric Vehicle Battery Manufacturers in China TABLE 8 Battery specification overview TABLE 9 Information on Zhejiang Wanxiang Group TABLE 10 Information on Beijing Pride Power System Technology Limited TABLE 11 Information on CITIC Guoan MGL New Energy Technology Co., Ltd TABLE 12 Taxi companies in China TABLE 13 Roadmap of new energy vehicles in China, 2009 - 2020 TABLE 14 NEV taxi sales target TABLE 15 Impact analysis of drivers TABLE 16 Carbon dioxide emissions from the consumption of energy TABLE 17 Carbon dioxide emissions from the consumption of petroleum TABLE 18 Impact analysis of restraints TABLE 19 Number of charging stations and charging piles in China, 2012 and 2013

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TABLE 20 Profit earned with NEV taxis TABLE 21 Suppliers of battery swapping technology in China TABLE 22 Product specification of e6 EV model (NEV Taxi) TABLE 23 Product specification of iEV model (NEV Taxi) TABLE 24 Product specification of E150 EV model (NEV Taxi) TABLE 25 Product specification of Midi EV model (NEV Taxi) TABLE 26 Product specification of E30 EV model (NEV Taxi) TABLE 27 Product specification of Venucia E30 model (NEV Taxi) TABLE 28 Product specification of EK-2 EV model (NEV Taxi) TABLE 29 Product specification of Besturn B50 EV model (NEV Taxi)

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