Hybrid & Electric Cars in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The Chinese hybrid & electric cars market recorded revenues of $474.13 billion in 2024, representing a compound annual growth rate (CAGR) of 47.3% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 50.1% between 2019 and 2024, reaching a total of 11,188,238.0 units in 2024.
- The growth of the hybrid & electric cars market in China in 2024 was driven by high fuel prices, advancements in battery technologies, and strong government support. According to the National Bureau of Statistics of China, gasoline prices in China increased by 2.1% in April 2024 compared to April 2023, influenced by rising crude oil costs, carbon pricing policies, and regional fuel regulations.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in China
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the China hybrid & electric cars market by value in 2024?
- What will be the size of the China hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the China hybrid & electric cars market?
- How has the market performed over the last five years?
- Who are the top competitors in China's hybrid & electric cars market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tesla Inc
- BYD Co Ltd
- BAIC Motor Corporation Ltd
- SAIC Motor Corp Ltd
