China shifts down in e-mobility, study says

January 15, 2020 //By Christoph Hammerschmidt
China shifts down in e-mobility, study says
In its latest report, the independent research institute Center of Automotive Management (CAM) reports a surprising reversal of the trend in the development of the markets for electric mobility: In China, the largest and fastest growing market for electric cars to date, new registrations are declining. The same applies to the USA. In Germany, the laggard in this technology, the situation is quite different.

In the two largest sales markets, China and the USA, the development of e-mobility (BEV, PHEV) is declining in 2019 as a whole, the institute writes in its annual report. In China, new registrations of New Energy Vehicles (NEV, incl. commercial vehicles) are falling by 4% to 1.2 million vehicles for the first time. In the USA, new registrations of electric cars are forecast to fall by around 10% to 324,000. In contrast, Germany is surprisingly realizing the world's largest absolute growth in e-mobility, with an increase of 41,000 electric cars (+50%) to now 109,000 new registrations. These are the key findings of the "Electromobility Report 2020" by the Center of Automotive Management (CAM) in Bergisch Gladbach (Germany).

Accordingly, the development of sales of electric vehicles in the most important global automotive markets in 2019 is uneven. Above all, the regulatory conditions and different funding scenarios determine the market development of e-mobility in the regions. According to the CAM researchers, 2019 as a whole will be a global transition year for e-mobility with stagnating sales figures worldwide. From 2020, however, strong growth in e-mobility is expected, especially in Europe, due to further regulation and new vehicle models.

As the leading market for electric mobility, China is recording a significant drop in sales of electric cars in 2019 and ceased to be the the locomotive of global e-mobility in 2019. Since the middle of the year, the electric vehicle market in China has collapsed. Over the year as a whole, the number of pure electric cars (BEV = Battery Electric Vehicles) in China is dropping to around 972,000, which corresponds to a share of 8 %. Around 19% of the electric vehicles here are plug-in hybrids (PHEV). At the end of 2019, around 1.2 million electric vehicles were sold on the Chinese market. Nevertheless, the market share of e-vehicles in total registrations has risen from 4.5% to 4.7% due to the high momentum in the first half of the year. As was recently announced, the Chinese government has decided to delay the end of subsidies for e-vehicles, which was originally planned for mid-2020.

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