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Changan Automobile Executive Forecasts: Pure Electric Vehicles to Capture 65% of China’s Auto Market in the Long Run
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Author：小编
On July 16, Yang Dayong, the Executive Vice President of Changan Automobile, shared his insights at a media briefing regarding the future of automotive powertrains in China. He anticipated that pure electric vehicles (EVs) and hybrid electric vehicles (HEVs) will dominate the market, with EVs projected to account for 65% and HEVs for 35% of the total market share. Yang also highlighted that the current tax and fee burdens associated with fuel-powered vehicles might shift to electric vehicles over time. As a result, the cost per kilometer for home-charging pure electric vehicles could rise to about 27.5 cents, bringing it roughly in line with the operating costs of HEVs.
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