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NEV sales to double again in 2016, predict executives

New energy vehicle sales could double again in 2016, predicted executives at the “Electrification – Full Steam Ahead” breakout session on January 16.

NEV sales in 2015 and predicted sales in 2016 by make (in units)

 

Kandi

ZD

Chery

BAIC BJEV

JAC

GAC Motor

2015

25,000

30,000

15,000

20,100

10,500

1,250

2016

/

50,000-60,000

50,000

70,000

20,000

8,000-10,000

 

Hu Xiaoming: Kandi sells 25,000 EVs in 2015

Kandi sold 25,000 NEVs in 2015, said Hu Xiaoming, chairman of Kandi Electric Vehicles Group Co., Ltd. (Kandi), a joint venture built by Zhejiang Kandi Vehicles Co., Ltd. and Shanghai Maple Guorun Automobile Co., Ltd., which is a 99 percent-owned subsidiary of Geely Holding Group.

Hu declined to make a prediction for the company’s sales in 2016 but believes that China’s NEV sales could decrease this year because the government has not released detailed sales tasks for NEVs in 2016-2020.

Hu worries that batteries in the NEVs sold in 2013 and 2014 may have problem as there will be many uncertainties in battery life and safety, although companies claim that they will provide 5-year or 10-year warranties for them.

Chen Kuo: ZD sells 30,000 EVs in 2015

ZD sold 30,000 EVs in 2015 and sales could reach 50,000-60,000 units in 2016, said Chen Kuo, vice president responsible for sales at ZD Electric Vehicle Co., Ltd., a joint venture partly invested by Geely Holding Group.

Chen thinks that slow charging for EVs is a better choice as it is safer and believes that there is no need to extend the range of EVs excessively.

Sun Weijian: Chery expects to sell 50,000 NEVs in 2016

Chery sold 15,000 NEVs in 2015 and expects to sell 50,000 in 2016, according to Sun Weijian, vice president of Chery New Energy Vehicle Technologies Co., Ltd.

“Chery will continue to invest in NEVs and accelerate new vehicle R&D,” said Sun. “The company plans to launch an all-new A00-class model and an A-class sedan in the second half of the year.”

Sun said that companies, including both traditional automakers and startups, should give priority to vehicle quality and manufacturing safety in the process of building NEVs.

He Bin: BAIC BJEV has set a goal of selling 70,000 EVs in 2016

BAIC BJEV, BAIC Group’s unit focusing on EV manufacture and sales, sold 20,129 EVs in 2015 and expects to sell 70,000 in 2016, according to He Bin, vice president at BAIC BJEV for sales and marketing.

“We will continue to expand our network, building one network for passenger vehicles and one for commercial vehicles,” said He.

He disclosed that BAIC Group has two strategic businesses – NEV and general aviation. BAIC will increase investment in BAIC BJEV this year and support NEV business through integrating resources of the group.

BAIC BJEV, which has built NEV manufacturing facilities in Beijing, Shandong and Jiangsu, also plans to produce NEVs at traditional vehicle manufacturing plants. In addition, the company will set up two new R&D centers overseas so as to improve R&D capability through utilizing global resources.

Zhang Jinhan: JAC plans to sell 20,000 EVs in 2016

JAC sold 10,521 EVs in 2015 and plans to sell 20,000 in 2016, according to Zhang Jinhan, vice president of JAC Passenger Vehicle Sales Co.

Zhang said that JAC will continue to improve product mix and upgrading platforms following the industry strategy, especially enhancing cost management through boosting sales.

“We do not need to worry about NEV sales in Beijing, where vehicle registration is controlled but the local government plans to allocate 60,000 plates for NEVs in 2016,” said Zhang optimistically. “What we need to do is improve NEV technologies adhering to the industry development direction.”

Yu Jingping: GAC Motor expects to sell 8,000-10,000 NEVs in 2016

GAC Motor expects to sell 8,000-10,000 NEVs in 2016, despite that its NEV sale were only 1,250 units in 2015, according to Yu Jingping, vice president of GAC Motor’s NEV branch, which was set up in December 2015.

“GAC Motor will launch an A-class plug-in hybrid sedan, a plug-in hybrid SUV and a battery electric SUV this year,” said Yu. “GAC has developed its Mechanical & Electrical Combination System, which will be equipped in all PHEVs of the company.”

The GAC Motor NEV branch has set a goal of building a state-level laboratory for NEVs and achieving five core technologies during the 13th Five-Year Plan period.

Yu predicts that China’s NEV production and sales would double in 2016.

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