China New Energy Vehicle (NEV) Taxi Market to Reach USD 560.5 Million by 2020


Posted April 10, 2015 by danny123

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

 
The New Energy Vehicle (NEV) taxi market in China is majorly dominated by pure electric vehicles (BEVs). These vehicles use alternative electrification technology and thus, offer zero emission capabilities. The development of NEV taxis in China is attributed to the government’s effort to curb pollution and reduce China’s dependence on foreign oil imports. Further, the government offers high subsidies on the purchase of new energy vehicles in China and has started NEV taxi fleets in various cities including Beijing, Shanghai and Shenzhen among others. The increasing demand for long range NEV taxis has prompted the manufacturers to make improvements in battery technology and extend the range of new energy vehicles. Rising adoption of new technologies such as battery swapping and vehicle-to-grid technologies offer potential opportunities to the market in the coming years. In the report, the segmentations are covered based on owner type and taxi range of NEV taxis. It also includes drivers, restraints and opportunities (DROs) along with Porter’s five forces analysis and value chain of the China NEV taxi market. The study highlights the current market trends and provides forecast from 2014 to 2020. The market size of 2011, 2012, 2013 and forecast until 2020 have been provided in the report.

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The report also analyzes macroeconomic factors influencing and inhibiting the growth of the China NEV taxi market. Porter’s five forces analysis offers insights into the market competition throughout its value chain. Additionally, the market attractiveness analysis provided in the report highlights key investment areas in the industry. The report would help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate strategies accordingly.

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China NEV Taxi Market, by Ownership

Company owned

Privately owned

China NEV Taxi Market, by Range:

Long range NEV taxis

Short range NEV taxis


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Categories Automotive , Business , Research
Tags china nev taxi industry market , china taxi market , company owned cars market , long range taxi market , nev taxi market , nev taxi market research report , short range taxi market
Last Updated April 10, 2015