The “China Low-speed Electric Vehicle (LSEV) Industry Report, 2020-2026” report has been added to ResearchAndMarkets.com’s offering.
According to National Bureau of Statistics, the output of electric bicycle in China in 2019 hit 27.08 million units, up 6.1% yr-on-yr. The figure amounted to 25.48 million units from Jan 2020 to Oct. 2020, up 33.36% yr-on-yr. The figure is expected to be 30.58 million units by 2020. The market will further expand with the popularization of shared electric bikes.
Characterized by low carbon and environmental protection, flexibility, and high performance cost ratio, the electric bicycle is widely favored by people from middle and small cities, as well as rural areas.
However. the electric bicycle market presented a downturn due to unclear standards in the last two years. And then, the market recovered with the release of new standards, i.e. the compulsory national standard of Safety Technical Specification for Electric Bicycle (GB17761-2018), which has been formally implemented since April 15, 2019.
According to National Bureau of Statistics, the output of electric bicycles in China in 2019 hit 27.08 million units, up 6.1% yr-on-yr. The figure amounted to 25.48 million units from Jan 2020 to Oct. 2020, up 33.36% yr-on-yr. The figure is expected to be 30.58 million units by 2020. The market will further expand with the popularization of shared electric bikes.
As for industry competition, the electric bicycle industry faces a new round of reshuffling since the release of the new national standard of electric bicycles in 2019. On the one hand, it is difficult to adapt to a new national standard for over-standard manufacturers’ core indices such as technology, quality, and safety performance. Suppressed by policy, these enterprises will be squeezed by market share and even be obsoleted. On the other hand, benefiting from the new policy, industry leading brands represented by Yadea obtain new market growth space due to its advantages in technology, quality, capacity and capital.
As of now, China has not made any regulations on electric tricycle yet, expect for Technical Requirement on Electric Tricycle for Delivery (Exposure Draft) released by State Post Bureau in Apr. 2016. Electric tricycle for delivery occupies large share in tricycle industry, showing great reference significance in the industry.
Four-wheeled low speed electric vehicle
The four-wheeled low speed electric vehicles are not built based on the prototype of a traditional sedan, but developed from the prototype of a golf cart. Without a standard on this kind of vehicle in China, Chinese manufacturers mainly design the vehicle by referring to EU and Japanese standards, namely, satisfying the requirements of small size, light weight, and low max speed.
China Low Speed Electric Vehicle Industry Report, 2020-2026 highlights:
- China low speed electric vehicle industry (definition, classification, and development trend);
- China low speed electric vehicle subdivision market (industry standard, related policy, market scale, competition pattern and development trend of electric bicycle, electric tricycle, low speed electric vehicle and field vehicle);
- Related parts market (competition pattern and vendor comparison of battery, motor, motor controller, and BMS markets);
- 18 major vendors including
Key Topics Covered:
1. Overview of LSEV Industry
1.1 Definition and Classification of LSEV
1.2 Industry Characteristics
1.2.1 Intense Competition
1.2.2 Geographical Concentration
2. Development of Two-wheeled Electric Vehicle Industry
2.1 Standard of Two-wheeled Electric Vehicle
2.1.1 Standard of Electric Bicycle
2.3 Market Size
2.4 Regional Pattern
2.5 Competitive Landscape
2.6 Industry Forecast
3. Development of Three-wheeled Electric Vehicle Industry
3.1 Standard of Three-wheeled Electric Vehicle
3.2 Market Size
3.3 Development in Major Regions
3.4 Competitive Landscape
3.5 Industry Forecast
4. Development of LSEV Industry
4.1 Policies on Four-wheeled Electric Vehicle
4.1.1 National Policies and Standards
4.1.2 Local Policies
4.2 Market Size
4.3 Development in Major Regions
4.4 Competitive Landscape
4.5 Mini Electric Vehicle
5. Development of All-Terrain Vehicle Industry
5.1 Market Size
5.2 Regional Development
5.3 Markt Price
5.4 Competitive Landscape
6. Main Parts Market
6.1.1 Status Quo and Trends of LSEV Battery
6.1.2 Major Manufacturers and Competitive Landscape
6.1.3 Products of Major Manufacturers
6.1.4 Advantages and Disadvantages of Major Manufacturers
6.2.1 Major Manufacturers and Competitive Landscape
6.2.2 Products of Major Manufacturers
6.2.3 Advantages and Disadvantages of Major Manufacturers
6.3 Motor Controller
6.3.1 Major Manufacturers and Competitive Landscape
6.3.2 Products of Major Manufacturers
6.3.3 Advantages and Disadvantages of Major Manufacturers
6.4.1 Technical Analysis
6.4.2 Market Analysis
7. Chinese LSEV Manufacturers
7.5 Zhejiang Luyuan
7.9 Shifeng Group
7.10 T-King Ouling
7.11 Fulu Vehicle
7.16 Hebei Yudea New Energy Technology Group Co., Ltd.
7.18 Han Tang Electric Vehicle
8. LSEV BMS Manufacturers
8.1 Shenzhen Tian-Power Technology Co., Ltd.
8.2 Addenda Technology (Guangzhou) Co., Ltd.
8.3 Shenzhen Guoxin Power Technology Co., Ltd.
8.4 Jiangxi Keran Technology Co., Ltd.
8.5 Hangzhou Gold Electronic Equipment INC., Ltd.
8.6 Changsha Juli Electric Technology Co., Ltd.
8.7 Xi’an Jindee Electrical Technology Co., Ltd.
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Laura Wood, Senior Press Manager
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