Prospects of New Energy Vehicles for China Market

This paper describes the commercial environment and market potential of new energy vehicle in China. New energy vehicles include hybrid cars battery electric vehicles (BEV, and including solar energy car), fuel cell electric vehicles (FCEV), hydrogen-fuelled vehicles and vehicles powered by other new types of fuel (such as high-performance storage and dimethyl ether fuel). Firstly, the China market is analyzed. The international brands of hybrid cars are listed. The local made low speed battery electric vehicles and high speed battery electric vehicles are introduced. The clean vehicles which are used in public transportation systems of the Beijing Olympic Games 2008 are also listed. Future local brand of new energy vehicles are introduced. Then, the incentives and encourage policies for new energy vehicle of China central government and local government are introduced. This paper can provide a reference for car manufactures to make plans to develop in the China future automotive market.