Market Report on China Ev (Electric Vehicle) Motor Controller Market 2015

Dec., 07, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Report on China EV (Electric Vehicle) Motor Controller Market 2015”. Currently, there are over 30 electric vehicle drive motor manufacturers in China, which can be divided into three strategic groups by strategic positions within the industry.

From January to August of 2015, China sold 108,654 new energy vehicles, showing a skyrocketing growth of 270% year on year. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-15600/china-electric-vehicle-motor-controller.html" Benefiting from the rapid development of new energy vehicles, the motor controller market will value more than RMB1.8 billion in 2015. It is projected that by 2017 this figure will rise to 280,000 sets and that the market size will hit RMB4.6 billion, with an AAGR of as much as 93%.

Currently, there are over 30 electric vehicle drive motor manufacturers in China, which can be divided into three strategic groups by strategic positions within the industry:

Group A consists of carmakers veteran in the production of conventional vehicles and auto parts;

Group B consists of enterprises with experience in the production of other types of motors;

Group C consists of motor enterprises established especially for electric vehicle.

With the ballooning of automotive drive motor system, these three strategic groups not only compete with each other, but also realize win-win by giving full play to their advantages.

By capacity, all manufacturers are lavishing more capital to expand production lines, and enhancing their core competitiveness even through mergers and acquisitions, take example for Broad-ocean Motor that acquired Shanghai Edrive in 2015 for RMB3.5 billion to fetch more than 30% market share and become a new overlord of motor drive system; the electric vehicle manufacturing base Phase II of CSR Times was completed in December 2014, and will develop annual capacity of 10,000...