Featured Japanese hybrids are beating the slump in China’s car market

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by PriusV17, Dec 2, 2019.

  1. PriusV17

    PriusV17 Active Member

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    So Japanese hybrids are the fastest growing car market segment in China.

    I find it interesting that Chinese EV makers are using LiFePO4 for their EV batteries which has much longer cycle life. But range anxiety is still a concern.

    Japanese hybrids are beating the slump in China’s car market

    "Sales of Japanese brands’ hybrids have risen about 30% this year in China to more than 220,000, making the vehicles one of the fastest-growing market segment, according to the association. Japanese carmakers control about 99% of the traditional hybrid market in China, according to numbers from consultancy WAYS Information Technology Co. that exclude plug-in vehicles.

    Among the reasons shoppers are going for hybrids is range anxiety — the fear that an electric car’s battery runs out and leaves the driver stranded. China’s charging infrastructure is in early stages, though manufacturers and the government are trying to hasten a buildout."
     
    bisco likes this.
  2. bisco

    bisco cookie crumbler

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    eveything in china is dictaed by you no jing

    citizens are not allowed to make their decisions in a vacuum

    tesla seems to be doing well
     
    #2 bisco, Dec 2, 2019
    Last edited: Dec 2, 2019
  3. JosephG

    JosephG Member

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    that's a bit of an exaggeration, but it's true that China has reduced incentives for electric vehicles and increase incentives for hybrids recently. (Actually, they've given hybrids special treatment in the NEV mandate). They seem to have decided hybrids are a more realistic approach to reducing emissions in the short term and want BEV to be pressured to reduce costs or go under.

    They also apparently may drop fuel cell incentives as well next year.
     
    #3 JosephG, Dec 2, 2019
    Last edited: Dec 2, 2019
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