Abstract:

This paper identifies and discusses nine trends in China’s electric passenger car market. The focus is on major achievements and current challenges, and the data show that China has become the world’s largest EV producer, EV consumer, and EV battery producer. Additionally, through continuous policy efforts, the country has improved the fleet-average technical performance of new battery electric vehicles, including their range, battery capacity, and battery energy density. Indeed, because China’s fleet-average electricity consumption of new battery electric vehicles already reached 12.1 kWh/100 km in 2021, the goal of 12.0 kWh/100 km that was set for 2025 seems conservative.