Data shows that China's share of plug-in hybrid vehicles in the world continues to strengthen.2024year1month to6Month reached74%Exceeding high levels, with the second quarter reaching78%At the same time, China has a relatively prominent market share in the global pure electric vehicle sector.2023The share reached61%,2024year1month to6Monthly market share is59%The performance has been relatively stable. Is the reason why the performance of plug-in hybrid vehicles in our country is becoming stronger? How do we view the future market development of pure electric vehicles and plug-in hybrid vehicles globally?
Frost & SullivanFrost & Sullivan,Xu Guangcan, consulting director for Greater China at Frost & Sullivan (hereinafter referred to as 'Frost & Sullivan'), was interviewed by the Securities Daily Network to discuss the development of electric vehicles in the global market in China.
Securities Daily Network
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Q: What is the reason why the performance of plug-in hybrid vehicles in our country is becoming increasingly strong?
The reasons for strong performance are mainly reflected in2One aspect:
1The industrial chain in the Chinese market is mature: With continuous progress in battery technology, motor technology, and control systems, the performance of plug-in hybrid vehicles has been significantly improved, with increased range and reduced energy consumption;
2The infrastructure is complete, and the rapid construction of charging stations and facilities has facilitated the promotion of plug-in hybrid vehicles.
Q: What is your view on the future global market development of pure electric vehicles and plug-in hybrid vehicles in our country?
In the long run, pure electric vehicles (PEVs) remain the mainstream in China's sales. With China's emphasis on reducing carbon emissions and environmental protection, the PEV market will continue to grow. Plug-in hybrid technology is favored by consumers in the short term due to its range advantage. In the long run, with the improvement of national infrastructure, pure electric vehicles will still have a cost advantage.
*This interview has been published in Daily Economic News The reporter is Zhang Wenxiang, and the original title is:7In the month, China's retail penetration rate of new energy vehicles exceeded50%Plug-in hybrid contributes significantly".
