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.
Chinese automakers have developed hybrid systems independently to seize the hybrid market
In the context of energy saving and emission reduction, Chinese automakers have made efforts to develop the hybrid technology in recent years. They have launched self-developed hybrid systems, such as Great Wall Lemon DHT Hybrid System, BYD DM-i Super Hybrid, GAC Julang Hybrid System, Chery Kunpeng DHT System, etc.
Sales Volume of China's Hybrid Vehicle Market Segments
(1) PHEV passenger cars
According to CPCA (China Passenger Car Association)'s data, the sales volume of PHEV passenger cars in China increased by 2.7% year-on-year to approximately 211,900 units in 2020. From January to June 2021, the sales volume reached 183,200 units.
At present, China's PHEV passenger cars companies are mainly represented by BYD, SAIC, and Lixiang. In 2020, SAIC ranked first with the sales volume of 59,900 PHEV passenger cars, followed by BYD and Lixiang with the sales volume of 51,700 and 32,600 respectively.
(2) HEV passenger cars
According to the data from CAAM (China Association of Automobile Manufacturers), the sales volume of HEV passenger cars in China jumped by 21.9% year-on-year to about 290,400 units in 2020, approximately 272,400 units in H1 2021. It is expected to hit 500,000 units in 2021;
In 2021, the sales volume of HEV passenger cars in China soars. On the one hand, Toyota has added dual-engine to a variety of models to meet demand for energy-efficient and fuel-efficient vehicles. On the other hand, China has raised higher requirements on carbon emission, which forces automakers to reduce emissions. Automakers mainly promote lower-displacement dual-engine vehicle models.
At present, the sales volume of HEV passenger cars in China is mainly contributed by GAC Toyota, FAW Toyota, GAC Honda, and Dongfeng Honda. The sales volume of GAC Toyota's HEV passenger cars accounted for 32% of the total in 2020, and 41% in H1 2021 with a spike of 9 percentage points. Under the pressure of carbon emissions, Toyota actively boosts dual-engine models and has installed the dual engine technology on multiple models.
(3) 48V mild hybrid system
The 48V mild hybrid system is evolved from the 12V electrical system which is not completely abolished but continues to exist. The biggest advantage of the 48V mild hybrid system is that it can save much more energy and reduce emissions to comply with stringent emission policies at low costs:
Key Topics Covered:
1 Overview of Hybrid Vehicles
1.1 Introduction 1.2 Work Steps 1.3 Hybrid Solutions 1.4 Development Advantages 1.5 Industry Chain 1.6 Development Trends
2 Hybrid Vehicle Industry Policies and Status Quo
2.1 Global and Chinese Carbon Emission Policies 2.2 China's Hybrid Vehicle Policies 2.3 Global New Energy Vehicle Market 2.4 China's New Energy Vehicle Market 2.5 Micro Hybrid Market (12V Automotive Start/Stop System) 2.6 Mild/ Moderate Hybrid Market (48V+BSG/ISG System) 2.7 Strong Hybrid Market (HEV, PHEV 150V+)
3 Hybrid Vehicle Technology Roadmap
3.1 Classification of Hybrid System Technology (by Power Structure) 3.2 Classification of Hybrid System Technology (by Drive Motor Power) 3.3 Classification of Hybrid System Technology (by Motor Position) 3.4 Classification of Hybrid System Technology (by Hybrid Degree/Fuel Saving Rate Technology 3.5 Key Technology of Hybrid Vehicle Industry Chain 3.6 Hybrid Technology Development Trend 3.7 Comparison of Hybrid Vehicle Technology Solutions Inside and Outside of China
4 Hybrid Vehicle Technology Providers
4.1 Valeo 4.2 Bosch 4.3 Continental / Vitesco Technologies 4.4 BorgWarner/Delphi 4.5 Schaeffler 4.6 GKN 4.7 Hunan Corun New Energy
5 Hybrid Vehicle Manufactures
5.1 Toyota 5.2 Honda 5.3 Nissan 5.4 Volkswagen 5.5 General Motors 5.6 Volvo 5.7 BMW 5.8 BYD 5.9 Geely 5.10 SAIC 5.11 GAC 5.12 Great Wall 5.13 Chery