China's electric vehicle market ranks fifth in the world

According to reports, McKinsey's judging of the maturity of the electric vehicle market mainly refers to the market share and availability of electric vehicles, economic advantages, the ecological advantages of electric vehicles, the global share of the value of electric vehicles, and the competitiveness of electric vehicles in research and development. We will develop 6 indicators such as R&D capability and capital injection.

According to the report, the United States sold 7,931 electric vehicles worldwide in the second quarter of this year, which is ahead of other markets. Compared with the first quarter, its sales rose by 28%. The figures for other markets are 4240 in Japan, 2056 in France, and 1284 in Germany. In China, only 235 electric vehicles were sold in the first quarter of this year, a decrease of 31% from 343 in the previous quarter.

The report pointed out that electric cars in the market surveyed by all McKinsey generally account for a very small share of the overall sales of automobiles. In Japan, for example, during the 42 months of January 2009 and June 2012, the number of new electric vehicles sold on the day was 25,884, which was only 0.16% of the 16 million vehicles sold. The same is true in the United States. During this period, the total sales volume of its 36,117 electric vehicles sold exceeded the 41 million vehicles, which was only 0.09% of the total.

McKinsey predicts that in the next five years, electric vehicles will continue this trend, occupying only a small part of the automotive market. Japan may become the leader of this industry. During this period, China's electric vehicle production may reach 273,150 vehicles, which is only 1% of the total automobile production.

Wang Sanqiang, a global director of McKinsey & Company, pointed out that China has a huge car market and it should be a natural competitor in the electric car market. To turn this potential into a reality, we must pay attention to infrastructure construction and improve the innovation and research and development of the electric vehicle industry.