China’s Explosive EV Boom: Racing Ahead of the Rest of the World
China’s successful electric vehicle (電気自動車) offensive is highlighted in a new report, setting the benchmark for other nations to follow.
(Picture Source: 中国における自動車)
5月に 2023 一人, carmakers in China sold over half a million plug-in vehicles, an astonishing figure for a single month. 比較して, US automakers sold approximately 300,000 バッテリー式電気自動車 (BEVの) in Q2 2023, demonstrating that they still have a long way to go in competing with China.
China’s EV boom can be attributed to several factors, including robust investment in charging infrastructure and manufacturing, incentives, and favorable EV policies. Bloomberg describes this approach as a carrot-and-stick strategy in its recent report, where manufacturing polluting vehicles is penalized while EV efforts are incentivized.
だから, what are the incentives? 第一に, China offered consumer incentives for a decade, providing buyers with subsidies of up to 60,000 元 ($8,375). Although the national program concluded in 2022, local incentives in cities like Shanghai continue to offer rebates of up to 10,000 元 ($1,383).
Secondly, 新エネルギー車 (新エネルギー車) priced under 300,000 元 ($41,500) will continue to benefit from a 10 percent tax waiver until 2025. This percentage will be reduced to five percent for 2026 そして 2027. の終わりまでに 2027, China’s total tax breaks for NEVs will amount to 835 10億元 ($115 十億).
These incentives have contributed to the success of brands such as BYD, 上海 汽車, 吉利, 仁尾, 鵬, and even Tesla, which considers China one of its largest markets. Popular models in China include the 比亜迪 Song Plus and Qin Plus, テスラ モデル 3 およびModel Y, そして 広汽アイオン S, とりわけ.
Efforts are also underway in the US, with the Inflation Reduction Act providing $270 billion in tax breaks for EV purchases and manufacturing.
その上, China has made chargers more accessible. As of May 2023, the country had built 6.36 million chargers, surpassing any other nation. The report also notes that charging standards are uniform, and infrastructure is government-subsidized.
A significant portion of the charging network is operated by the state grid, which is China’s fourth-largest provider, alongside private players like Wangbang New Energy Investment Group and TGood New Energy.
逆に, internal combustion engine (氷) vehicles are losing their appeal in China due to various measures. Beijing implements a license plate lottery system to limit the number of cars on the road, favoring EVs. で 2023, the Beijing Municipal Commission of Transport is issuing 100,000 new license plates in the capital, で 70 percent reserved for EVs.
同じように, the Shanghai International Commodity Auction Co. (SICA) has its own program to restrict vehicles. ICE car buyers in Shanghai must participate in a monthly auction to register their vehicles. 4月 2022, customers had to pay an average auction price of 92,500 元 ($13,000) to register their gas or diesel cars, with a success rate of only 5.8 パーセント.
それに対して, SICA offers free “緑” plates for plug-in hybrid electric vehicles (PHEV(ペブ)) and NEVs. Starting from January 2023, PHEV license plates are subjected to the same treatment as those of ICE vehicles, further encouraging the adoption of all-electric vehicles.
Lastly, China employs a regulatory approach known as the dual-credit policy, partially based on California’s Zero Emission Vehicle (ZEV) Program. This policy rewards manufacturers with credits for meeting fuel efficiency targets and imposes penalties for non-compliance. Manufacturers failing to meet the targets can purchase credits from other automakers to offset their deficits.