2019 motor vehicle market share in Taiwan will reach 10%

According to the latest survey conducted by Jibang Consulting New Energy Research Center, with the rebound of international oil prices and the rapid decline of power battery prices, the electric motor vehicle market in Taiwan has accelerated. In 2018, the total number of electric motor vehicles in Taiwan is estimated at 78,000. The market share will reach 8%. In 2019, the market share will grow to 10%. Among them, the proportion of heavy-duty electric motor vehicles will increase from 85% to 90%.

EnergyTrend senior research manager Lu Lizhen pointed out that the gasoline locomotive market in Taiwan has been saturated. In recent years, as electric vehicles have gradually become a trend, the government has also actively promoted the locomotive electrification policy, coupled with the green transportation boom brought by shared bicycles. In addition, the relevant authorities in Taiwan are actively implementing the peripheral charging infrastructure in order to implement a comprehensive introduction of renewable energy. The relevant local authorities also provide services for the purchase of complete vehicles and exchange services. subsidy.

As for the price trend of lithium batteries, as mainland Chinese manufacturers join the ranks of new energy vehicle battery manufacturing, in recent years, the production of battery materials has gradually become dominated by mainland China, which has caused the price of battery systems to decline rapidly. The price of battery systems for vehicles has been reduced from 2015. The 550 USD/kWh slipped to 350 USD/kWh in 2017 and will fall to 250 USD/kWh in 2018, accelerating the popularity of various battery applications.

According to EnergyTrend's survey, the total number of electric motor vehicles is expected to reach 78,000 in 2018, accounting for 8% of the overall locomotive market. Statistics can also be found that electric vehicles in the past are mainly light-weight (light-duty electric vehicles). For cars less than 5 hp, the heavy-duty is more than 5 hp), but with the rise of Gogoro in 2016, the demand for heavy-duty electric locomotives is gradually pushed up, plus the 2017 affordable car launch (high The price of the order is about 60,000 Taiwan dollars, and the parity version is less than 40,000 yuan. The price difference between heavy-duty electric motor vehicles and gasoline locomotives is narrowing. It is estimated that the proportion of heavy-duty locomotives in the overall electric motor vehicle market in 2018 will exceed 85%. As Rui Neng, Gwangyang, Sanyang and other major brands have successively invested in the field of heavy-duty electric motors, it is expected that the number of heavy-duty electric vehicles will reach 90,000 in 2019, accounting for about 90%.