Powertrain_Body_Chasis&SafetyPowertrain, Body, Chassis & Safety

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Author: Julia An
Publication Date: Aug 22 2022
Pages: 40
 Report Type: Report, Word

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Powertrain, Body, Chassis and Safety

China’s Dual Credit Policy - Winners and Losers in 2021



Report Summary:

China reported a better result for 2021 than last year – a surplus of 10.3 million CAFC credits and 6 million NEV credit. There was a lot of variation across the 2021 credit results for individual OEMs, with 54 out of 129 OEMs reaching both credit targets. The winners in 2021 were those OEMs focusing on NEVs, such as BYD and Tesla. On average, Chinese OEMs delivered a much more satisfactory result than their international competitors, such as VW, GM, Nissan, Honda, and Toyota.
Table of Contents

1. Executive Summary
2. Introduction
3. Dual Credit Policy
   3.1 CAFC Credits
   3.2 NEV Credits
   3.3 Off-Cycle Technologies (OCT) Benefits
   3.4 Trading Mechanisms
   3.5 Impact on OEM xEV Planning
4. Historical Credit Results
   4.1 National Results
        4.1.1 CAFC Credits
        4.1.2 NEV Credits
        4.1.3 Trading of NEV Credits
   4.2 OEM Dual Credit Results in 2021
        4.2.1 Traditional Chinese OEMs
        4.2.2 Joint Ventures of International OEMs in China
        4.2.3 BEV-focused OEMs
5. Conclusion
6. Analyst Contacts
   6.1 Other Contacts

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