Research and Markets: It Is Predicted That the Hybrid Electric Vehicle Can Reach 6 Million Sets Till 2020; However, China HEV Market Is Backward Due To Its High Price

Hybrid Electric Vehicle is the development trend of automobile industry, to which the auto Li-ion-power battery is the key. HEV battery can be supplied by third-party manufacturers, but electrical control system and power transmission system can not depend on the third party. At present, only Toyota can produce high-class HEV relying on such advanced technologies as CVT technology.

Except Toyota Prius, the other HEV are mild hybrids, whose engines displacement is no more than 1.1 liters, most ordinary in China. Its oil-saving efficiency is only 15%; in contrast, Toyota Prius' can reach 40%.

It is predicted that the HEV can reach 6 million sets till 2020. However, China HEV market is backward due to its high price. Since Toyota Prius launched into Chinese market in Jan 2006, just 2,500 sets sold out in two years, and only 558 sets sold in 2008. Up to Jan 2009, Toyota HEV sales have exceeded 1.7 million sets around the globe, of which more than a half sold in the USA. According to Honda's report, its sales in the USA hit 32, 575 sets in 2008.

Key Topics Covered:

• Global Automobile Market
• Global Automobile Industry
• China Automobile Market
• China Automobile Industry
• Li-ion battery Industry and Market
• Introduction of HEV by Taking Toyota Prius as an Example
• Status Quo & Prospect of HEV
• Status Quo & Prospect of HEV Power Battery
• Auto Power Battery Companies

Companies Mentioned:

• SB LIMOTIVE
• BYD
• A123 SYSTEMS
• JCS
• ASEC
• PEVE
• COBASYS
• VARTA
• LITHIUM ENERGY JAPAN
• BLUE ENERGY
• SANYO Energy
• Hitachi Vehicle Energy
• DEUTSCHE ACCUMOTIVE
• ENERDEL
• GAIA
• LGChem

For more information visit http://www.researchandmarkets.com/research/b6dd6f/global_and_china_e

Laura Wood
Senior Manager
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