The major car companies that appear committed to worldwide electrification of their vehicle lines are Chinese. Now the country is leading the sector and its EVs are becoming popular abroad in Europe and US
Beijing is boosting its car factory. But pay attention, we are not talking about “common” self-combustion engines. China is actually leading electric vehicles (EVs) market and production. As we know, PRC is both seriously at risk due to global warming with its coastal megacities, especially Shanghai, and has an international reputation as one of the worst two contributors to global warming. But in the last decade Beijing put in act a radical policy to change this tendency.
Actually China has taken a global leadership stance over the past 18 months, stepping into the US step-back. Electric vehicles are a major wedge in the global warming fight, but the government is pushing forward to develop a “green technology” for a “green economy”.
Today we have Chinese firms being leaders in the emerging low-carbon economy. They already own the lion’s share of the solar panel market. Envision, Ming Yang, Guodian, and Goldwind are 3 of the 10 largest wind turbine manufacturers in the world. And as this list of electric car companies shows, China is committed to having its firms at the forefront of the future of transportation too.
BYD: From China to US buses, the Chinese brand that started “electric revolution” of public transportation
© response.jp, new BYD e4500, ev450, ev400
In Western countries we already seen BYD logo on some city buses. But this company, it has been selling fully electric and hybrid cars in China for years. In Europe is mostly off of the radar of private market, but with China’s push to lead in the EV space, expect this brand and others to potentially start appearing on roads in the West.
En fact, the EVs maker already have a US and Europe presence for fleet and utility vehicles. BYD builds all-electric taxis and buses to replace the current gasoline and diesel ones, to reduce emissions from the transportation sector and cut down the operational cost of buses and taxis by two thirds or more.
SAIC motor: China’s biggest carmaker is aiming to conquer the market till 2025
© Saicmotor.com, new Roewe Vision E at 17th Shanghai International Automobile Industry Exhibition
SAIC Motor, China’s biggest carmaker and the local partner for Volkswagen and General Motors, plans to sell more vehicles overseas in the coming years in extending its global reach. At 6.9 million units sold in 2016, this is a non-trivial contender. “We hope that by 2025, overseas sales comprising a combination of exports and overseas manufacturing could reach a scale measurable by the millions” stated SAIC’s chairman Chen Hong at SCMP.
Beijing-based caremaker has been actively seeking to produce vehicles abroad to gain closer access to customers. It already has manufacturing bases in Thailand, Indonesia and India, thus SAIC established research and innovation centres in Britain, the United States and Israel, and sales and marketing offices in the Middle East, South America, Australia and Europe.
FAW Group: by 2020 would like to take control of over 15 percent of the electric vehicle segment
Established in 1953, FAW is China’s oldest and one of largest automotive group, and one of the four big legacy manufacturers. Annual sales exceed three million units and actually is running with Audi and Toyota as international alliance partners in the EV and hybrid space. Recently FAW Group released a new strategic plan for new energy vehicles.
The Chinese company by 2020 would like to take control of over 15 percent of the electric vehicle segment, since 2014 already introduces 6 new energy vehicle platforms and 16 vehicle models with mass market capacity.
Geely: the “Ambition” of Mr. Li now rules Volvo, and the market
© Geely.com, new Emgrand GT
When Li Shufu, Geely’s CEO, bought Volvo in 2010, many people in China thought that chinese carmaker chairman was crazy. Before that Geely just had the 5% of car market in China. But now the company is a giant in the sector and Mr. Li has committed to having only electric and hybrid cars starting in 2019.
Geely itself has a fully electric car as well as plug-in electric hybrid vehicles in its lineup. Geely’s first model, the Haoqing (literally named “Ambition”) was introduced in 1998 as the cheapest car available in a market dominated by low-price, no-frills automobiles.
Now Geely is making a fortune with Volvos in China. In December it put 288 special edition XC60s up for sale on Alibaba’s online Tmall for $68,000 and sold them all, in 75 seconds. Geely Auto, China’s leading privately owned electric car brand launched its first electric crossover SUV, the Emgrand GSE in a fun-filled night, befitting the new model’s image as a youthful eco-friendly city car.
The new model is Geely’s first electric SUV and second pure electric vehicle launched after the company’s entry into the new energy era in 2018. Based off the highly popular Emgrand GS and with a pure electric range of 460 km, the GSE is set to create a storm in the electric vehicle market with its affordable price, attractive design, and technology standard.
BAIC: BAIC’s chairman, Xu Heyi, predicts EV sales in China will hit the one million mark in 2018
© Baicic.com, new ES200 at 17th Shanghai International Automobile Industry Exhibition
BAIC Group, a state-owned enterprise, is the largest Chinese automaker. In 2009, BAIC founded BAIC New Energy Vehicle and began the process of researching and building electric vehicles. Today Beijing based giant car-maker has opened up an EV R&D center in California, plus , is the Chinese partner for Daimler and both the companies are jointly investing $735 million on EVs in China.
BAIC is actually on the top of the market with its BAIC EC. According to data, this small electric city car was best-selling electric car globally in the Q1, but the future of BAIC will be green: the Chinese auto giant going 100% electric by 2025.
Last year, at the inauguration of the Beijing New Energy Vehicle Technology Innovation Centre, the president of BAIC Group Xu Heyi promised to end the sales of BAIC fossil fuelled passenger cars by 2025, making it the second Chinese automaker to make this commitment.
Those are the top 5 Chinese EVs firms, but Chinese market is more heterogeneous than western one. New brands are merging. For example Dongfeng, formed in 2001, this company is on the Forbes Growth Champion list and has aggressive plans globally and in EVs, has set up a joint venture with the Renault-Nissan Alliance to sell electric cars in China. What about NIO? The famous “Chinese Tesla” is one of the top luxury car in China.
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