ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Hybrid Vehicle Industry Research Report 2021: Five Major Hybrid Technologies Compete Fiercely in China - ResearchAndMarkets.com

September 6, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Sep 6, 2021--

The “Global and China Hybrid Vehicle Industry Research Report, 2021” report has been added to ResearchAndMarkets.com’s offering.

In September 2020, President Xi Jinping pledged that China would reach its CO2 emissions peak before 2030 and achieve carbon neutrality before 2060. For this goal, China proposes to carry out transformation and innovation in ten fields, among which the construction of a green low-carbon transportation system and the promotion of green and low-carbon technological innovation involve automotive energy-saving technologies covering electric vehicles, hybrid, and hydrogen fuel cells.

ADVERTISEMENT

Measures for the Parallel Management of Average Fuel Consumption of Passenger Car Companies and New Energy Vehicle Credits (hereinafter referred to as the dual credit policy) stipulates the average fuel consumption credits of passenger car companies and new energy vehicle credits. In 2020, the passenger car industry’s fuel consumption credits were -7.33 million and new energy vehicle credits 3.3 million. In the face of the regulation on emission peak, carbon neutrality and double integration, hybrid technology will be one of the important technical routes for automakers to meet the standards for automakers.

The Energy-Saving and New Energy Vehicle Technology Roadmap 2.0 released by China-SAE points out the development goal of China’s automobile industry: the total industrial carbon emissions should reach the peak around 2028 in advance of the national carbon emission reduction commitment, and the total emissions should drop by more than 20% from the peak by 2035. The sales volume of new hybrid passenger cars should account for 50%-60% of traditional energy passenger cars by 2025, 75%-85% by 2030, and 100% by 2035. This clarifies that energy-saving vehicles do not represent a transitional technology, but a high-efficiency technology that allows engines and motors to complement each other, replaces internal combustion engine vehicles on a large scale within a reasonable price range, and reduces fuel consumption.

Currently, hybrid power is mainly being developed in Japan, the United States, Europe, and China which choose different hybrid technology roadmaps according to their technical reserves and development goals:

ADVERTISEMENT

The world’s mainstream OEMs have conducted diversified explorations in hybrid systems, and finally chose the hybrid strategy that is most suitable for their own models. This report summarizes the hybrid strategies of the global mainstream automakers.

Key Topics Covered:

1 Overview of Hybrid Vehicles

2 Hybrid Vehicle Industry Policies and Status Quo

3 Hybrid Vehicle Technology Roadmap

4 Hybrid Vehicle Technology Provider Profiles

  • Valeo
  • Bosch
  • Continental / Vitesco Technologies
  • BorgWarner/Delphi
  • Schaeffler
  • GKN
  • Hunan Corun New Energy

5 Hybrid Vehicle Manufactures Profiles

  • Toyota
  • Honda
  • Nissan
  • Volkswagen
  • General Motors
  • Volvo
  • BMW
  • BYD
  • Geely
  • SAIC
  • GAC
  • Great Wall
  • Chery

For more information about this report visit https://www.researchandmarkets.com/r/vcfa7j

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210906005140/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 09/06/2021 07:29 AM/DISC: 09/06/2021 07:29 AM

http://www.businesswire.com/news/home/20210906005140/en