China will become the world's largest new energy vehicle market by 2020

"At least one million electric vehicles will be on the road in 2015; China will become the world's largest new energy vehicle market in 2020, and will invest at least 10 billion yuan in this market each year." Yesterday (October 12), in 2011 At the Automotive Forum, Murphy, the global CEO of CODA, predicted this.

In the eyes of multinational auto companies, in order to reduce the foreign dependence of oil, China will spend huge sums to accelerate the development of energy-saving and new energy vehicles, and in the future become the world's largest new energy vehicle market. However, new energy vehicles, including electric vehicles, have their energy storage technology, safety technology, charging time, and the cost of purchasing electric vehicles, which are important factors restricting the development of electric vehicles.

At this forum, although people in the auto industry are still optimistic about the prospects of electric vehicles, they also have a more objective and calm perception of the actual living environment of electric vehicles.

Honda's hybrid layout "The future of automotive technology innovation can be divided into two major categories. The first is to increase the efficiency of existing internal combustion engines, and second is to completely transfer to new renewable energy sources." Said Hiromitsu, executive director of Honda Motor Co., Ltd., "We are improving our technology, not only the development of hybrid technology, but also the development of plug-in power technology. Several hybrid vehicles will be introduced to China next year."

At the same time, Honda is also committed to promoting its hybrid technology. According to Min Hwang, three ministries, Honda is currently actively preparing its second-generation hybrid vehicles. Next year, Honda Motor will conduct battery testing of electric vehicles in Guangzhou.

Different from Honda’s hybrid approach, Murphy, currently President of the US’s CODA Corporation, looks at the development of electric vehicles better. Murphy said that CODA has mastered the core technology of the battery, and has a very good battery management system, and its battery life can reach up to 245 kilometers. What's more important is that they have active thermal management systems that will not be affected by extreme weather conditions, and that they can control the power attenuation very well. The attenuation can be controlled within 10% to 20%.

It is not only CODA that seeks cooperation with Chinese auto companies. The US ZAP Electric Vehicle Company signed a strategic cooperation agreement with Zhejiang Yongyuan Auto last year and established a joint venture company. “We have three production lines in China, producing SUVs, minibuses and sports cars,” said ZAP CEO Steven Schneider.

The first behavior of the power exchange model to explore the market for the acceptance of electric vehicles, Deloitte Touche Tohmatsu Co., Ltd. has conducted a global survey of consumer expectations and status of electric vehicles. In this survey, only more than 50% of respondents were willing to charge 8 hours a day.

Joe Vitale, executive of Deloitte Touche Tohmatsu’s automotive business, believes that even if it is the next three to five years, electric vehicles can only increase their driving range to 160 kilometers, which is a gap with consumer expectations. "The energy density of electric cars' batteries will be increased by 2020 so that they can better meet consumer expectations."

"We are worried about the time of charging. We are also developing a method to reduce the charging time. Some companies' battery packs can be replaced within three minutes, just like gas stations," said Murphy. "But replaceable battery packs, the current market share is not very high."

"The change mode requires a standardized design. All manufacturers accept a unified standard, otherwise they will not be replaced if they have different specifications." Joe Vitale said, "So the infrastructure must be built, and the mass production and promotion of electric vehicles is still There are too many challenges."

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