How much degree of China's electric cars had only a short-lived phenomenon through the hype, it remains to be seen...

China has dreamed of creating "under a Tesla (Tesla) electric vehicles", but also provides in the electric government generous subsidies to stimulate market demand, production of electric cars to China are everywhere; How much degree the craze just after the hype of transient phenomena, it remains to be seen.

Also put in the craze is China industry lately Letv (LeEco), the company has announced will invest 12 billion yuan ($1.8 billion), set up an electric car factory in eastern China. According to a report in the Reuters news agency (Reuters), Letv going to two stages in deqing county of zhejiang province, adjacent to hangzhou) to build the first electric car factory, annual output of 100000 electric vehicles; Completion schedule of the new factory but the company did not disclose details.

And another Chinese electric car startup wei to car (NextEV) recently signed a cooperation agreement with the nanjing government, the local investment of 3 billion yuan ($465 million) to build the factory, due to the fastest in the second half of this year began to operate, can produce a year 280000 motor and power module.

Co-founder and executive vice President Cheng wei to car (Jack Cheng) said in a statement, the company's first exclusive intellectual property development phase will focus on technology, such as the level of motor and power module; Wei to the car and in the United States set up a strong team, team in December last year hired former Cisco (Cisco) and Motorola (Motorola) long Padmasree Warrior as executive branch of the United States, leading the development of software and the user experience.

And local Chinese carmaker BYD (BYD), has gained some fruits in the field of investment vehicles ─ ─ the company set up in shenzhen electric vehicle production line, 60000 electric bikes sold 60000 in the Chinese market last year, estimated this year at least double the quantity. There are a handful of electric car startup, established in California, it is said that in fact behind the supporters and investors from China; For example from Tesla and Oracle (Oracle) top to create a new company Atieva.

Atieva technology officer Peter Rawlinson, a former vice President of Tesla, and development Model "S chief engineer; Although product production will have to wait at least two years, Atieva recently revealed that the high price will make the company in 2018 electric touring car on the road, and the next is introduced in 2020 ~ 2020 luxury crossover suvs. Other electric car startup and mysterious Faraday Future, ready to invest $1 billion in north Las Vegas building advanced electric factory.

As more and more electric start-up to rise, China's interest in electric vehicle industry is clearly strong; But it is worth noting that the three companies mentioned before Letv, Atieva and Faraday Future, there is a major contributor behind Jia Yueting (Jia Yueting); Although the gold master degree of investment in the three companies is not clear, and more confusing, why should he the three individual investment companies direct competition in the market?

Earlier reports of guessing the Guardian (the Guardian), the ultimate goal of Jia Yueting is Atieva battery expertise ─ ─ ─ and probably the whole company ─ into Faraday Future.

The impact of China's electric cars for the automotive industry

Apart from being copy of a large number of electric vehicles related news, the craze for auto industry bring rapid change, there is no denying the fact; Market research firm Strategy Analytics global auto industry analyst Roger Lanctot, said electric wave is: "in order to achieve a variety of government subsidies, coupled with the need to expand the market to recover large investments."

In addition, into the cost of electric vehicles is relatively low: "don't need to development of internal combustion engine (ICE) power transmission system, only need to burden battery costs;" Rob into the electric vehicle industry, he said, many new vendors, relies on a new generation of power technology is they do not have, also did not control, the power technology requires very little service and even don't need, so don't have to through the existing sales channels.

And the automated driving technology development, and most of the electric vehicle technology link together: "this is the global auto industry is facing the core of disruptive change."

Earlier this year at the Beijing auto Show (Beijing Motor Show), clearly shows the China's auto market to the global automobile industry and the importance of supplier. Market research firm IHS Markit, the report showed strong growth of China's new energy vehicles (NEV) market, including pure electric vehicles, plug-in hybrid vehicles. But this kind of vehicle sales figures than traditional internal combustion engine vehicles, is still very small.

IHS Markit statistics show that China's listed NEV in about 190000, 5000, 2015, pure electric vehicles, including 130000, 5000 and 6000 plug-in hybrid vehicles, plug-in hybrid EVs and PHEVs); The agency and forecast, listed NEV number is expected to 70% growth this year.

At present in the Chinese market, pure electric car brand mainly for domestic manufacturers; PHEV is dominated by local brands. Purchasing for Chinese consumers, the biggest motivation, electric vehicles can be made at least $8500 in government subsidies. The IHS Markit said the international automobile brand will be more and more EV/PHEV model introduced into China market, including the growth of flight models.

Although Letv and other Chinese startups to become "the next tesla held high expectations, to the actual production still have to overcome many obstacles; Tesla in the United States have quantity output goods, but China's electric car industry just started planning products. The future how many Chinese manufacturers of electric factory, located in where (in China or the United States? And when will really start to mass production, still need to continue to observe.