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    Home > Chemicals Industry > International Chemical > In 2017, China's pure electric bus sales fell 23% year-on-year

    In 2017, China's pure electric bus sales fell 23% year-on-year

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    In 2017, the sales of pure electric buses in China were about 89,546 units, down from 115,700 units in 2016 and down 23%
    year-on-year.

    Sales of electric buses in China from January to December 2017

    According to reports, the decline in sales was caused by several factors, mainly due to changes
    in subsidies for electric buses by central and local governments.

    The production and sales of electric vehicles are profoundly affected by government policies and subsidy structures, meaning that most of the sales are concentrated around
    the end of the year.

    Sales of electric buses in China from 2011 to 2017

    In 2017, it was reported that subsidies for electric vehicles would be significantly reduced in 2018, which led to a significant increase
    in demand at the end of 2017.

    China's electric bus market is still dominated by two major companies, Yutong and BYD
    .
    BYD is the world's leading electric bus manufacturer, while Yutong is the largest bus manufacturer
    in China.

    In 2018, there were some big changes in China's electric bus market as the policies of the central and local governments began to clash
    .

    As the Chinese government has begun to provide more and more support and subsidies for this industry, hydrogen fuel electric buses will also become a growing trend
    .

    In 2017, the sales of pure electric buses in China were about 89,546 units, down from 115,700 units in 2016 and down 23%
    year-on-year.

    Electric buses

    Sales of electric buses in China from January to December 2017

    Sales of electric buses in China from January to December 2017

    According to reports, the decline in sales was caused by several factors, mainly due to changes
    in subsidies for electric buses by central and local governments.

    The production and sales of electric vehicles are profoundly affected by government policies and subsidy structures, meaning that most of the sales are concentrated around
    the end of the year.

    Sales of electric buses in China from 2011 to 2017

    Sales of electric buses in China from 2011 to 2017

    In 2017, it was reported that subsidies for electric vehicles would be significantly reduced in 2018, which led to a significant increase
    in demand at the end of 2017.

    China's electric bus market is still dominated by two major companies, Yutong and BYD
    .
    BYD is the world's leading electric bus manufacturer, while Yutong is the largest bus manufacturer
    in China.

    In 2018, there were some big changes in China's electric bus market as the policies of the central and local governments began to clash
    .

    As the Chinese government has begun to provide more and more support and subsidies for this industry, hydrogen fuel electric buses will also become a growing trend
    .

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