Over-Heated New Energy Vehicle Market Triggers Worries in China

Published: May 26, 2016 09:24

Save

The red-hot new energy vehicle market is igniting concerns in China, finance.sina.com reported.

SHANGHAI, May 26 (SMM) – The red-hot new energy vehicle market is igniting concerns in China, finance.sina.com reported.

There were more than 30 new energy vehicle projects constructed in China since January 2015 to March 2016 and total investment exceeded 100 billion yuan ($ 15.26 billion).

Industrial insiders warn that people should keep a clear head in investment in new energy vehicle market, otherwise the whole industry may experience sharp falls in the future.

Favorable policies have severed as the main drive for development of new energy vehicle market in China. The sales of new energy vehicles hit 500,000 million units in 2015, the largest in the world, based on the Ministry of Industry and Information Technology.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

new energy vehicle

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

An Introduction to the Great Dyke: Geology, Resources and Outlook

Within Zimbabwe lies one of the world’s great PGM provinces. The 2.58-billion-year-old 'Great Dyke' which stretches more than 550 km across the country, hosting major platinum, palladium, rhodium and chrome resources. From the geology of the Main Sulphide Zone to Zimplats, Mimosa, Unki and the emerging Karo project, this article explores why the Great Dyke matters to Zimbabwe and what its development could mean for the future of global PGM supply.

3 hours ago

9 hours ago

Silver Prices Swing Wildly with Center Moving Upward; Spot Silver Shifts from Discount to Premium [SMM Silver Weekly Review]

[SMM Silver Weekly Review: Silver Prices Swing Wildly with Center Moving Up; Spot Shifts from Discount to Premium] This week, silver prices swung wildly with the center moving slightly higher. Stronger-than-expected nonfarm payrolls initially pressured silver prices, but the subsequent continuous weakening of the US dollar drove a rebound, and spot quotes shifted from discounts to premiums. Macro factors were mixed, and the market awaited guidance from CPI and the US Fed meeting, with wild swings expected in the short term. Inventory saw a slight buildup of 6 mt, ETF holdings edged up, and wait-and-see sentiment strengthened.

9 hours ago

10 hours ago

WPIC Revises 2026 Platinum Market to 265,000 oz Surplus as Investment Demand Weakens

[SMM Flash] The World Platinum Investment Council (WPIC) has revised its 2026 platinum market balance to a 265,000 oz surplus, reversing its previous forecast for a 297,000 oz deficit. The latest Platinum Quarterly, published on September 9, showed a second-quarter surplus of 244,000 oz as total supply increased 1% year on year to 1.91 million oz while demand fell 16% to 1.66 million oz. The revision largely reflects investment outflows during the first half of 2026 rather than a significant recovery in mine supply. Despite the full-year surplus forecast, WPIC says above-ground inventories remain constrained following three consecutive years of substantial deficits. The organisation expects the market to swing from a 548,000 oz surplus in H1 to a 283,000 oz deficit in H2, as investment selling moderates. The H2 balance remains a forecast rather than a confirmed outcome.

10 hours ago