According to the British "Financial Times" reported on January 20, China's parallel imported car market is developing rapidly, causing a lot of pressure on many overseas automakers.
KPMG, the international accounting consultancy, said on Monday that China's stricter environmental requirements and rapid urbanization will open up a broad market for electric vehicles. It is expected that sales of electric vehicles will reach 11-15% by 2025. Mainly driven by the needs of small cars and sports cars. The TV mobile stand series includes many types of TV stand which are widely use for large size (70~120") TVs, it with firm struction and loading weight up to 660 pounds, the slim new type TV mobile stand passed UL approval yet. Rolling Tv Stand,Tv Mobile Stand,Heavy Duty Rolling Tv Stand,Mobile Tv Stand With Wheels Foshan Dinghan Electrical Technology Co., Ltd , https://www.fsdinghanelectrical.com
KPMG's latest annual survey of global automotive executives interviewed 200 executives from 31 countries, 25 of whom are from China. The companies surveyed included automobile manufacturers, suppliers, agents, financial services institutions and so on.
The survey found that 68% of Chinese respondents expect that electric vehicles (including hybrid, battery and fuel cell vehicles) will account for 11-15% of the total new car registration in 2025.
"China is still in the early stages of development in electric vehicle and battery production. The electric vehicle models currently manufactured by local auto manufacturers are not particularly favored by consumers." Li Mayong, a partner and car owner of KPMG China, said, "However, China has so far So far, the world's largest R&D budget shows that China will not be content to catch up with the traditional internal combustion engine technology of more mature producers, and is more eager to surpass competitors."
He also pointed out that China's air pollution problem is getting worse, fuel prices are rising, emission regulations are gradually tightening, and rapid urbanization has opened up a broad market space for electric vehicles, but it also needs the auto industry ecosystem itself to be further dilapidated. Regulatory and tax incentives are fuels that promote this disruptive innovation.
China is the world's largest auto market. According to the China Association of Automobile Manufacturers, the total sales volume of China's automobiles in 2014 was about 23.5 million, an increase of 6.9% year-on-year; among them, the sales volume of new energy vehicles was about 75,000.
KPMG's survey also shows that Chinese respondents expect sales of all types of cars to rise significantly. 84% of respondents believe that demand for basic and small cars and sports cars will rise and lead growth, reflecting that the market is rapidly maturing.
The survey pointed out that 20 auto host manufacturers will win a larger global market share in the next five years, six of which are from China. Among the BRIC countries, China remains the investment of choice, with two-thirds of global respondents planning to increase investment in China, while plans to increase investment in Brazil, Russia and India are only 50-57%.
In addition, 62% of global respondents believe that China's auto exports will exceed 2 million in two years, and the Southeast Asian market will provide the largest growth opportunities for automakers in China and other BRIC countries in the next five years.