China Electric Bus Industry Report, 2015-2020

Importance, status quo, development trends in your own home and abroad of electric tour bus promotion;

Mainstream technology road directions for electric bus, as well as status quo & trend associated with bus battery, motor, electric control industry chain within China;

Main subsidies for sale (tax relief and fiscal subsidies) and usage in Tiongkok electric bus industry, and also promotion policies nationwide;

Electrical bus output & product sales volume and future styles in China, competitive scenery among and market share, revenue volume prediction, investment along with capacity of major electrical bus companies;

Technological degree, output & sales volume level, capacity and development technique of 12 major China's electric bus manufacturers.

Product sales volume of electric bus arrived at 27, 000 vehicles throughout every season 2014, soaring by one hundred sixty. 3% from the previous yr, and kept growing quickly in the first half of 2015, approaching 20, 000 automobiles. It is expected that The far east will sell 154, 000 electric powered buses in 2020, having a CAGR of 33. 6% during this period.

The variety that is strenuously promoted is electric public coach which accounts for 85% regarding total sales volume of power bus. City bus possession in China now has surpassed 500, 000 vehicles, transporting 60% of city traveler transportation in urban general public transport system. As of 2014, electric public bus title nationwide topped 80, 000 vehicles.

Next, the China's government will gradually reduce fuel subsidies for conventional bus and shifts monetary support to electric product, the move that will provide local governments a significant stimulation to replace new additional community buses with electric types. It is expected that brand new electric public buses additional in 2020 will make upward 70% of new public busses added that year, in addition to cumulative electric public car ownership will exceed three hundred, 000 vehicles by 2020. Technologically speaking, all-electric open public bus, significantly propped way up by policies, will be the primary orientation of future advancement.

Besides public bus, lighting business-purpose bus and visiting bus markets will be following market spotlights for electric power bus. New energy industrial bus rating had been carried out the first quarter of 2015, and 3, 000 cars are expected to be sold in 2015. With advances in battery technologies, improvement in charging facilities along expressways, long-distance transport will become possible, and the causing point for this market section is expected to occur about 2018.

Seen from electric battery, motor and electronic manage industry chain, electric shuttle bus now adopts mainly LFP power battery and "LFP+ supercapacitor" dual-battery system. In line with the type of battery used by electrical bus in the first half 2015, configuration rate involving LFP power battery such as "LFP+ supercapacitor" dual-battery program was up to 82%. Ranked power of drive motor with regard to electric bus mostly drops into the range of 80 kW to 120kW. Asynchronous electric motor still holds a dominating position, as it can provide high-power traction; permanent-magnet synchronous engine starts to be massively utilized in medium-sized and small chartering.

In point of competing landscape among companies, top5 electric bus manufacturers inside 2014 were Yutong Tour bus, Xiamen King Long Electric motor Group (including three wholly-owned subsidiaries: Higer Bus, Xiamen King Long United Auto industry, Xiamen Golden Dragon Bus), BYD, Nanjing Golden Monster Bus and Zhongtong Coach, together producing 17, 011 vehicles, 62. 5% from the country's total.

As electric powered bus enjoys enormous area for future development and may greatly drive the development of appropriate industrial chains, China offers ushered in an electric tour bus investment boom since 2014, with planned investment throughout electric bus announced through key bus makers countrywide exceeding RMB21 billion based on preliminary statistics and a lot of capability putting into production with 2016 and 2017. Towns like Shenzhen, Nanjing as well as Wuhan took a business lead in this round of investment decision and attracted a number of theoretically leading bus manufacturers to stay in.

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