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China NEV Market & Compliance: 2021 Review and 2022 Outlook



Report Summary:

China’s New Energy Vehicle (NEV) market sales in 2021 registered year-on-year growth of 156% reaching 2.94 million. In terms of production, 2021 Passenger Vehicle production volume reached 20.89 million, 5.0% higher than 2020 with NEV penetration reaching 15%. With an increasing number of OEMs achieving both CAFC and NEV compliance, NEV credits are expected to be priced in the 1,000 to 1,400 RMB range in 2021. 
Table of Contents

1. Executive Summary
2. Introduction
3. Chinese PV Market Dynamics
   3.1 2021 Market Development
   3.2 2022 Market Outlook
4. 2021 Dual Credits Overview
   4.1 Fuel Consumption Credits
   4.2 NEV Credits
5. 2021 Credit Price Forecast
6. Conclusions
7. Analyst Contacts
   7.1 Other Contacts

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