In China, recently the development plan for the new energy automobile industry has been passed. It makes a comprehensive deployment for the development of China’s new energy automobile industry in the next 15 years. The new policy has introduced many important measures to encourage the purchase and use of new energy vehicles. This is including electric minivans. To a certain extent, it stimulated the sales of new energy vehicles, including electric minivans.
The new energy vehicle market is growing.
Industry analysts believe that the global new energy vehicle market has passed the cultivation period and entered into the growth period. While the current global market share of new energy vehicles including electric minivans is still low.
Despite the pressure of transformation, traditional fuel vehicles including fuel minivans still have a significant advantage in the market share. In the next 5 to 10 years, the policy support of various countries for the development of new energy vehicles including electric minivans will continue to play an indispensable role. Below measurement will be conducive to the healthy development of new energy vehicles, including electric minivans:
- Firstly, governments in various countries could innovate regulatory models. Such as adopt the principle of prudence and tolerance for new technologies, new products, and new business formats.
- Secondly, the government continues to improve policies and management systems for supporting the development of new energy vehicles. This is including new energy minivans, smart networks, and sharing travel.
- Finally, the government continues to improve the application environment for the new energy vehicles including electric minivans.
The volume of China’s new energy vehicle including electric minivans has ranked first in the world for five consecutive years. With a sales volume of more than 4.8 million units, accounting for more than half of the world’s total. As China’s domestic economy recovers from the epidemic and the peak season for traditional auto sales coming, China’s auto market production and sales exceeded 2.5 million in September 2020. And the production and sales of new energy vehicles including electric minivans reached 136,000 and 138,000 units respectively. According to data from the Shanghai New Energy Vehicle Data Center on October 28, 2020, Shanghai’s new energy vehicle including electric minivan sales exceeded 10,000 units in September 2020. It is a year-on-year increase of 247%.
From a global point of view, new energy vehicles including electric minivans win more and more consumers’ recognition.
Of course, the situation in different markets is different. For example, in the European market, Renault, Tesla, Volkswagen new energy vehicles, etc. have performed very well. Hyundai and Ford’s new energy vehicles also showed strong competitiveness.
With the gradual tightening of fuel consumption and emission standards for vehicles including minivans. The cost of fuel vehicles is facing an upward trend. While the cost of new energy vehicles including electric minivans may be reduced due to the improvement of technology. It is estimated that after three years, the cost advantage of fuel vehicles over new energy vehicles will no longer exist.
In 2021, the global economy recovers gradually, and new energy vehicles including electric minivans will continue to share more markets continuously. But they will still face the follow-up impact of the epidemic. In the European market, new energy vehicles including electric minivans will show explosive growth. It is driven by new carbon emission regulations and subsidies. It is estimated that the sales volume in 2021 will be about 1.5 million. There are forecasts in the industry that by 2025, the global production and sales of new energy vehicles will reach about 12 million, of which nearly 7 million are overseas. China will remain a pivotal market, and the production and sales of new energy vehicles will reach 5.5 million.
Our KINGSTAR vehicle could supply various kinds of energy vehicles. Such as electric minivans with 7-23 seats, min-truck, SUV, pickup, electric bus, MPV, also solar electric minivans, and passenger cars available.
For working our KINGSTAR, you may ask:
- Q: How long it will take for production including electric minivans?
KINGSTAR Answer: Normally it takes about 35 to 45 days after receiving your down payment. The delivery time depends on the items and the quantity of your order. What are your terms of packing?
- Q: What is your term of packing for the vehicles including minivans?
KINGSTAR answer: Normally, we park our vehicles in a plywood pallet for FCL, the package will be a plywood case for LCL.
- What is your term of payment for the vehicles including minivans?
KINGSTAR answer: by T/T, with 30% deposit before production, 70% before delivery. We will provide you photos of the vehicles before you pay the balance.
If any demand for KINGSTAR’s new energy vehicles including minibus and minivan, please don’t hesitate to contact us.