According to foreign media reports, driven by strong domestic policies, the utilization rate of electric vehicles in China is surpassing Other countries. In the second quarter of this year, the proportion of electric vehicles in China's passenger car sales rose to nearly 4% from less than 1% three years ago. In addition, electric vehicles accounted for approximately 2.2% of European sales and 1.6% of North American sales.
The rapid growth trend of electric vehicles in China seems to continue. Said that usually the sales of electric vehicles in China in the fourth quarter are very strong, and starting from 2019, Chinese automakers will have to sell a certain percentage of "new energy vehicles", the quota system has long been implemented with California The zero-emission vehicle points system is similar. Automakers that fail to meet sales targets will have to buy new energy credits from competitors. In 2017, China accounted for 47% of the global electric vehicle market, and this proportion is expected to rise to 55% in 2018.
At the same time, Nissan plans to invest US$900 million to build a new assembly plant in China to increase the company's production capacity in China by 40% by 2021. The plan is part of Nissan's US$8.73 billion strategy to become one of the three largest foreign auto companies in the Chinese market. According to a person familiar with the matter, Nissan and its Chinese joint venture partner Dongfeng Motor Group plan to invest approximately US$900 million in expanding production capacity in the next few years. This will increase Nissan's annual production capacity in China to 2.1 million vehicles.
Nissan plans to use the new capacity to produce electric and gasoline vehicles for the Nissan brand and its Venucia brand, which is only sold in the Chinese market. And its rival Toyota also plans to increase its annual production capacity in China by 240,000 vehicles in the next few years, an increase of about 20%. At present, Toyota has an annual production capacity of 1.16 million vehicles in China.
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