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EV sales increase 103.9% in China in 2012- ELECTRIC CHINA WEEKLY No17

13 February 2013

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The China Association of Automobile Manufacturers (CAAM) released their 2012 sales figures for EVs in China. According to CAAM China sold 11,375 pure electric vehicles in 2012. Also in this edition, Finnish battery maker European Batteries Oy is to build an EV battery production center in Tianjin; Geely and Kandi have established a new joint venture to produce electric vehicles in China.
China sells 11,375 EVs in 2012 
 
According to the latest data from the China Association of Automobile Manufacturers (CAAM), in 2012, sales of new energy vehicles in China reached 12,791 units. In 2012, China sold 11,375 pure electric vehicles and 1,416 plug-in hybrids. 
 
In 2012, the total production number of new energy vehicles was 12,552 units, of which 11,241 were pure electric vehicles and 1,311, plug-in hybrids. The production and sales of pure electric vehicles increased 98.8% and 103.9% respectively in 2012.
 
European Batteries Oy will establish a new EV battery factory in Tianjin
 
The Finnish battery maker European Batteries Oy will build an EV battery production center in Tianjin, China. The new production center will be built in the Binhai New Area of Tianjin. 
 
European Batteries Oy plans to invest RMB 2 billion (€237 million) in the manufacture of lithium-ion batteries for hybrid and electric vehicles. Once fully established it is estimated that the annual output could reach RMB 4 billion (€475 million). The total production capacity will reach 1.2 billion kWh per year and meet the energy demands of 40,000 pure electric cars. According to the agreement signed by the company and the Tianjin local government, the first phase of the project will come into operation in October 2013 with a planned production capacity of 6 kWh.
 
According to the European Batteries Oy’s board chairman Eero Nuutinen, European Batteries Oy is confident about the investment and the Chinese market. He also stated that the company will introduce new technology and products so as to further explore the Chinese market in the future.
 
 
Geely and Kandi establish joint venture to produce electric vehicles in China

On February 10, China's Geely Automobile Holdings, which bought Volvo three years ago declared the company will invest RMB 500 million (€60 million) to set up a 50-50 joint venture together with Kandi Vehicles to produce electric vehicles in China. The registered capital of the new joint venture is RMB 1 billion (€120 million). Together Geely and Kandi will invest in R&D and the production of electric vehicles for the Chinese market.
 
In recent years both Geely and Kandi have played an active role in the development of the Chinese EV market. Geely launched its pure electric vehicle models EK-1, EK-2 and plug-in hybrid cars EC7, EC8. In 2012, Kandi Vehicles signed a purchase agreement with the Hangzhou municipal government to provide 20,000 electric vehicles to the city’s public transportation system. However, sales of electric vehicles have so far been far from satisfactory. Mr Yang Xueliang, the Public Relations Department Director of Geely said: "The market demand did not break the ice yet. …The immature market for EVs and lack of related infrastructure are bottlenecks that block the sector." 
 
The original articles are listed below in the order of appearance in the column.
 

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