New Energy Vehicle (NEV) Taxi Market Size, Share, Analysis Report

New Energy Vehicle (NEV) Taxi Market by Ownership (Company Owned and Individually Owned) and by Taxi Range (Short and Long Range NEV Taxis) - China Industry Analysis, Trends and Forecast

China NEV taxi market is expected to cross to US$ 3514 Million by 2027 growing at a CAGR of more than 36% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • BYD Auto Co. Ltd
  • Beijing Automotive Industry Holding Co. Ltd
  • Anhui Jianghuai Automobile Co Ltd
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    36

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The New Energy Vehicle (NEV) taxis are the vehicles that run on the unconventional sources of energy with advanced techniques. As these systems cause less pollution and serve as an best alternative to the traditional sources of fuels. The Chinese government is taking major steps to increase the use of unconventional sources of fuel for transportation and mobility of the people.
     
    China NEV taxi market is expected to cross to US$ 3514 Million by 2027 growing at a CAGR of more than 36% in the given forecast period.
     
    The major driving factors of NEV Taxi Market are as follows:

     
    •    Taxis in China travel around 450 km daily.
    •    Due to the new energy taxis there is an opportunity to restrict the usage of fuel and also reduce the         emission of greenhouse gases. Hence this is become important for the Chinese government to               introduce NEV.
    •    The support of the government.
    •    The advancement in the battery technologies.
    •    Tax initiatives.
     
    The restraining factors of NEV Taxi Market are as follows:
     
    •    Safety and reliability.
    •    The absence of comprehensive charging infrastructure.
    •    High cost of vehicles and batteries.
     
    The NEV Taxi Market is segmented on the basis of Ownership as Company owned, Individually Owned. The NEV Taxi Market is segmented on the basis of Taxi Range as Short Range NEV Taxis and Long Range NEV Taxis.
     
    This report provides: 
     
    1) An overview of the NEV Taxi Market and related technologies.
    2) Analysis of global market trends and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for NEV Taxi Market
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 
     
    REPORT SCOPE:
    The scope of the report includes a detailed study of global and regional markets for various types of NEV Taxi Market with the reasons given for variations in the growth of the industry in certain regions.
     
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BYD Auto Co. Ltd., Anhui Jianghuai Automobile Co Ltd (JAC), Beijing Automotive Industry Holding Co. Ltd. (BAIC), Beiqi Foton Motor Co. Ltd., Changan Automobile Co. Ltd, and Dongfeng Nissan Passenger Vehicle Company… are provided in the report. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments. 
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players. 
     
    The Market Segmentation of NEV Taxi Market is as follows:
     
    Market Segmentation on the basis of Ownership:

    •    Company Owned
    •    Individually Owned
     
    Market Segmentation on the basis of Taxi Range:

    •    Short Range NEV Taxis
    •    Long Range NEV Taxis
     
    Reasons to buy this Report: 
     
    1) Obtain the most up to date information available on all active and planned NEV Taxi Market in China.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of NEV Taxi Market and unit capacity data.
    4) Assess your competitor’s refining portfolio and its evolution. 
     
    Customization: 
    We can offer you custom research reports as per client’s special requirements.

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    Chapter 1 INTRODUCTION    
       1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    Chapter 2 Executive Summary

    Chapter 3 NEV Taxi Market Overview
    3.1 Introduction
    3.2 Total number of taxis in China by region, 2017
           3.2.1 Total number of taxis in China, 2018 – 2024
    3.3 NEV policies and subsidies in China (by region)
           3.3.1 Overview of national and regional price subsidies in China
           3.3.2 Beijing
           3.3.3 Shanghai
           3.3.4 Guangdong
           3.3.5 Taiwan
           3.3.6 Others (Jilin, Anhui, Liaoning, Heilongjiang, Zhejiang etc.)
    3.4 China electric vehicle battery OEMs
    3.5 Battery specification overview for China market
    3.6 Information on battery suppliers
           3.6.1 Zhejiang Wanxiang Group
           3.6.2 Beijing Pride Power System Technology Limited.
           3.6.3 CITIC Guoan MGL New Energy Technology Co., Ltd.
    3.7 Taxi companies in China
    3.8 Market trends and future outlook
           3.8.1 Specific NEV taxi sales target
    3.9 Market dynamics
           3.9.1 Drivers
                    3.9.1.1 Government support and favorable government policies
                    3.9.1.2 Increased traffic congestion leading to air quality issues
                    3.9.1.3 Oil price and independence
                    3.9.1.4 Advancements in battery technology
           3.9.2 Restraints
                    3.9.2.1 Absence of comprehensive charging infrastructure
                    3.9.2.2 Cost of vehicles/batteries
                    3.9.2.3 Safety and reliability
           3.9.3 Opportunities
                    3.9.3.1 Sustainable electric mobility
                               3.9.3.1.1 Methodology
                    3.9.3.2 Use of battery swap model
                                3.9.3.2.1 Battery swapping business status in China
                    3.9.3.3 Vehicle-to-Grid (V2G) technology
                    3.9.3.4 Use of Range-Extended Electric Vehicles (REEVs)
    3.10 Porters five force analysis
            3.10.1 Bargaining power of suppliers
            3.10.2 Bargaining power of buyers
            3.10.3 Threat of substitute products
            3.10.4 Threat of new entrants
            3.10.5 Degree of competition
    3.11 Value chain analysis
    3.12 Competitive analysis, 2013
            3.12.1 Leading NEV taxi operating companies in China
                      3.12.1.1 Pengcheng Electric Vehicle Taxi Co. Ltd.
                                   3.12.1.1.1 Business overview:
                      3.12.1.2 Fangshan Fangan Taxi Company
                                   3.12.1.2.1 Business overview
                      3.12.1.3 Tong Hui Jie Electric Taxi Company
                                   3.12.1.3.1 Business overview
                      3.12.1.4 Beijing Guichuan Taxi Co., Ltd.
                                   3.12.1.4.1 Business overview
                      3.12.1.5 Nanjing Jiangnan Electric Taxi Ltd.
                                   3.12.1.5.1 Business overview
    3.13 Market attractiveness by taxi range, 2013

    Chapter 4 China NEV Taxi Market, by Owner Type
    4.1 Introduction
          4.1.1 China NEV taxi market, by owner type, 2018 & 2024 (%)
    4.2 Company owned
          4.2.1 China company owned NEV taxi market, 2018 – 2024
    4.3 Individually owned
          4.3.1 China individually owned NEV taxi market, 2018 – 2024

    Chapter 5 China NEV Taxi Market, by Taxi Range
    5.1 Introduction
          5.1.1 China NEV taxi market, by taxi range, 2018 & 2024 (%)
    5.2 Short range
          5.2.1 China short range NEV taxi market, 2018 – 2024
    5.3 Long range
          5.3.1 China long range NEV taxi market, 2018 – 2024

    Chapter 6 Company Profiles
    6.1 BYD Auto Co., Ltd.
          6.1.1 Company overview
          6.1.2 Financial overview
          6.1.3 Product specification (NEV Taxi)
          6.1.4 SWOT analysis
          6.1.5 Business strategy
                  6.1.5.1 Focus on research and development
                  6.1.5.2 Growth through inorganic expansion
          6.1.6 Recent developments
    6.2 Anhui Jianghuai Automobile Co., Ltd
          6.2.1 Company overview
          6.2.2 Financial overview
          6.2.3 Product specification (NEV Taxi)
          6.2.4 SWOT analysis
          6.2.5 Business strategy
                  6.2.5.1 Innovation and new product development
                  6.2.5.2 Focus on research and development
          6.2.6 Recent developments
    6.3 Beijing Automotive Industry Holding Co., Ltd
          6.3.1 Company overview
          6.3.2 Financial overview
          6.3.3 Product specification (NEV Taxi)
          6.3.4 SWOT analysis
          6.3.5 Business strategy
                  6.3.5.1 Growth through strategic partnerships and focus on R&D
          6.3.6 Recent developments
    6.4 Beiqi Foton Motor Co., Ltd.
          6.4.1 Company overview
          6.4.2 Financial overview
          6.4.3 Product specification (NEV Taxi)
          6.4.4 SWOT analysis
          6.4.5 Business strategy
                  6.4.5.1 Business Expansion
          6.4.6 Recent developments
    6.5 Chongqing Changan Automobile Company Limited
          6.5.1 Company overview
          6.5.2 Financial overview
          6.5.3 Product specification (NEV Taxi)
          6.5.4 SWOT analysis
          6.5.5 Business strategy
                  6.5.5.1 Business expansion through strong R&D capabilities
          6.5.6 Recent developments
    6.6 ZAP Jonway, Inc.
          6.6.1 Company overview
          6.6.2 Financial overview
          6.6.3 Business strategy
                  6.6.3.1 New product development
                  6.6.3.2 Focus on expanding sales distribution network
          6.6.4 SWOT analysis
          6.6.5 Recent developments
    6.7 Dongfeng Nissan Passenger Vehicle Company
          6.7.1 Company overview
          6.7.2 Financial overview
          6.7.3 Product specification (NEV Taxi)
          6.7.4 SWOT analysis
          6.7.5 Business strategy
                  6.7.5.1 Focus on investments for technological innovations
          6.7.6 Recent developments
    6.8 Zhejiang Geely Holding Group Co., Ltd.
          6.8.1 Company overview
          6.8.2 Financial Overview
          6.8.3 Product specification (NEV Taxi)
          6.8.4 Business strategy
                  6.8.4.1 Focus on research and development
          6.8.5 SWOT analysis
          6.8.6 Recent developments
    6.9 China FAW Group Corporation
          6.9.1 Company overview
          6.9.2 Financial Overview
          6.9.3 Product specification (NEV Taxi)
          6.9.4 SWOT analysis
          6.9.5 Business strategy
                  6.9.5.1 Investment in research and development
                  6.9.5.2 Increasing production capacity
          6.9.6 Recent developments

    The Market Segmentation of NEV Taxi Market is as follows:
     
    Market Segmentation on the basis of Ownership:

    •    Company Owned
    •    Individually Owned

    Market Segmentation on the basis of Taxi Range:

    •    Short Range NEV Taxis
    •    Long Range NEV Taxis
     

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    The market is expected to grow at a CAGR of 36% during the study period (2022-2027)
    China NEV taxi market is expected to cross to US$ 3514 Million by 2027
    The segment included in New Energy Vehicle (NEV) taxis Market is Ownership, Taxi Range and region.
    Some key players operating in the New Energy Vehicle (NEV) taxis Market include BYD Auto Co. Ltd., Anhui Jianghuai Automobile Co Ltd (JAC), Beijing Automotive Industry Holding Co. Ltd. (BAIC), Beiqi Foton Motor Co. Ltd
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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