When I studied the global new energy vehicle market, I found a very interesting phenomenon. When Baidu searched for "China is the world's largest new energy vehicle market," the result exceeded 13.3 million. When I switched to Yahoo and searched for "China is Largest Electric Car Market In The World," a related link was not found. Friends searched with Google and the results were not many. What is the reason for the huge difference between China’s self-awareness of the new energy market and the evaluation of others?

How big is the domestic new energy auto market?

Chinese and foreign new energy vehicles have large differences in definition

The new energy vehicle is a concept put forward by the Chinese government in 2009. Its full name is “energy-saving and new energy vehicles”, which covers pure electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. The government only sells these three types of vehicles. Provide subsidies. And the internationally popular hybrid car is defined as an energy-saving car, and only a preferential policy of halving the purchase tax for small-displacement vehicles is given.

In the past two years, with the rapid growth of China's new energy vehicle market, the concept of New Energy Vehicle has gradually been accepted by the international community, but it is mainly used to describe the Chinese market or academic conferences held in China.

In the United States, the government manages energy-efficient cars with the concept of “AFV-AlternaTIve Fuel Vehicle” and “PEV-Plug-in Electric Vehicle”, encouraging consumers to buy through citizen tax credits. . Among them, AFV has a wide definition, which refers to non-petroleum-fueled vehicles, including electric vehicles, hybrid vehicles and fuel cell vehicles, and even ethanol fuel (referring to ethanol and gasoline blending fuel). PEV mainly refers to pure electric vehicles and plug-in hybrid vehicles.

In Japan, energy-saving and environmentally friendly vehicles (or low-pollution vehicles and low-fuel vehicles), including hybrid vehicles, electric vehicles, fuel cell vehicles, natural gas vehicles, LPG vehicles, and clean diesel vehicles. English is called LPV-Low PolluTIon Vehicle. Therefore, China and the international community have different definitions of new energy vehicles, resulting in large differences in the calculation methods of sales.

How big is the domestic new energy auto market?

Is BYD the world's most sold new energy vehicle brand?

At the beginning of 2016, Chinese media rushed to report that “BYD sold more than 60,000 units in 2015 and is the world's new energy vehicle champion”. I used the "BYD new energy vehicle global sales first" as the key word in Baidu search, and got 4.15 million results showing such titles. Using Yahoo to search for "Global electric car sales No.1" English keywords, you can't get any English related titles related to BYD.

Careful analysis of the reasons, with sales comparison, Toyota hybrid car in 2015 is the world's number one, more than 1.2 million, sold to more than 90 countries. The top five markets for Toyota are China, the United States, Brazil, the United Kingdom and Canada, and there is no Japan. BYD's sales ranked second, with more than 60,000 units. Although the data showed that it was sold to 43 countries, the 2015 annual report showed that BYD's overseas income was less than 5% of total revenue.

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Silicon TVS / TSS

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