What are the advantages of electric vehicles in China?

Policy support: The Chinese government has provided a large amount of policy support for the electric vehicle industry, including high car purchase subsidies, exemption from vehicle purchase tax and vehicle and vessel tax, etc. These measures have greatly reduced consumers' car purchase costs. In addition, the government has vigorously promoted the construction of charging infrastructure. As of the end of 2020, China's public charging infrastructure had a total of 807000 units, ranking first in the world and accounting for 60% of the global market share.

Technological progress and innovation: China has made significant progress and innovation in electric vehicle technology. In terms of battery technology, China's lithium battery production capacity accounts for over 70% of the global market share. Domestic car companies are continuously increasing their research and development investment to improve the energy density and range of batteries, while also enhancing their safety and cycle life. In terms of intelligent configuration, many car models are equipped with advanced autonomous driving assistance systems and intelligent connectivity functions, which enhance the convenience and safety of driving.

High market acceptance: With the increasing awareness of environmental protection, domestic consumers' acceptance of electric vehicles is also constantly improving. As a zero emission means of transportation, electric vehicles meet people's demand for green travel. Meanwhile, government subsidies and preferential policies have made electric vehicles more cost-effective, further attracting consumers.

Industry chain improvement: China's electric vehicle industry chain is relatively complete, with strong competitiveness in every link from battery production, motor manufacturing to vehicle assembly. This complete industrial chain gives Chinese electric vehicles a significant advantage in cost control and product quality.

High level of intelligence: Many Chinese electric vehicles are equipped with advanced intelligent driving assistance systems and intelligent connectivity functions, such as automatic parking, adaptive cruise control, lane keeping, etc., which enhance the convenience and safety of driving. These features utilize sensors, cameras, and advanced algorithms to reduce driving fatigue and accident risk.

Efficient energy utilization: The power system of new energy vehicles is relatively simplified, without the complex mechanical components such as engines and transmissions of traditional fuel vehicles. It can directly convert electrical energy or hydrogen into mechanical energy, reducing waste in the energy conversion process. Some new energy vehicles can also improve energy utilization efficiency through technological means such as recovering braking energy.

Low operating costs: The electricity cost of electric vehicles is usually lower than the fuel cost, especially in areas where electricity prices are relatively stable. In addition, the maintenance cost of electric vehicles is relatively low, such as not needing to replace oil, spark plugs, and other components. Over long-term use, the overall operating cost is 45% lower.


In summary, Chinese electric vehicles have significant advantages in policy support, technological innovation, market acceptance, industrial chain improvement, intelligence level, energy utilization efficiency, and operating costs.