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Powertrain, Body, Chassis and Safety

Prospects for China’s PHEV Market

Report Summary:

There is no doubt that the whole automotive industry will be electrified, and the only question is when. As one type of NEV (New Energy Vehicle) defined and promoted by Chinese government, PHEVs have experienced a boom in sales with short-term prospects bolstered by a number of factors including localized technology development and regulatory and legislative mandates. 2022 could be another strong year for PHEVs in China, but Strategy Analytics sees the long-term market prospects remaining limited.

Table of Contents

1. Executive Summary
2. Chinese PHEV Market Development
3. Factors Driving PHEV Deployment
   3.1 Localised Technology Development
   3.2 Legislative Push and Pull
   3.3 Reduced System Costs
   3.4 Improved User Convenience
4. Chinese PHEV Market Outlook
5. Conclusions and Recommendations

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