Industry Trend Analysis - EV Production Permit Halt Will Benefit Incumbents - AUG 2017
BMI View: A halt or restriction of electric vehicle production permits being issued to new manufacturers in China would carry with it benefits for already approved incumbents and would help uphold EV quality and reliability in the market.
In early June, Bloomberg reported that Chinese officials are reportedly evaluating their electric vehicle (EV) production permits system with an eye to halting the approval of these to avoid excess production of EVs. In this piece of analysis, we look at how this risk of a halt or restriction on permit approvals could affect the Chinese EV market and current players in the market.
Larger Incumbents To Gain The Most
|Market Share Protection Important In Stalling EV Market|
|China - EV Sales By Type, Units & Total EV Growth, %|
|Source: CAAM, BMI|