Abstract
As the EV industry continues to grow at an exorbitant pace, the number of stakeholders looking to join the competition has also increased remarkably. Once content to wait on the sidelines, they are now all eyeing a slice of the increasingly large pie. Nowadays, a car is much more than just a means of transportation; it has hundreds of components with much more advanced technology than ever before spanning several industries. As the definition of what a car is becomes increasingly blurred, so do the lines between the different stakeholders. Nevertheless, it is practical to divide the different stakeholders in the EV industry into three categories: automakers, automotive suppliers, and mobility providers.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ackroyd A (2022) Alibaba, SAIC venture start mass production of first electric vehicle. Alizila news from Alibaba. https://www.alizila.com/alibaba-saic-venture-start-mass-production-of-first-electric-vehicle/. Accessed 23 Aug 2022
Adham S (2022) H1 2022 battery and BEV production summary. LinkedIn https://www.linkedin.com/feed/update/urn:li:activity:6958780901673594880/. Accessed 23 Aug 2022
Automotive News Europe (2022) How Polestar aims to reach breakeven next year, boosts sales tenfold by mid-decade. https://europe.autonews.com/automakers/how-polestar-aims-reach-breakeven-next-year-boost-sales-tenfold-mid-decade. Accessed 23 Aug 2022
Automotive World (2021) BYD delivers 1000th pure-electric Tang SUV in Norway. https://www.automotiveworld.com/news-releases/byd-delivers-1000th-pure-electric-tang-suv-in-norway/. Accessed 23 Aug 2022
Bloomberg (2022) Li Auto’s heady EV sales target rests on winning over chipmakers. https://www.bloomberg.com/news/articles/2022-07-13/li-auto-s-heady-ev-sales-target-rests-on-winning-over-chipmakers. Accessed 23 Aug 2022
BYD (2018) BYD and Changan automobile launch groundbreaking battery joint venture. https://bydeurope.com/article/256. Accessed 23 Aug 2022
CATL (2022) CATL launches battery swap solution EVOGO featuring modular battery swapping. https://www.catl.com/en/news/856.html. Accessed 23 Aug 2022
Changan Auto (2022) One minute to understand Changan. http://www.globalchangan.com/about_us/#:~:text=The%20Changan%20group%20dates%20back,what%20has%20become%20Changan%20Automobile. Accessed 23 Aug 2022
China Daily (2006) Dongfeng motor co relocates HQ to Wuhan. Chinaorgcn. http://www.china.org.cn/english/BAT/172445.htm. Accessed 23 Aug 2022
Chinese Automobile Dealers Association (2021) 2021年12月份全国乘用车市场深度分析报告 (national passenger car market in-depth analysis report for December 2021). CADAcn. http://www.cada.cn/xinche/info_118_8903.html. Accessed 23 Aug 2022
DanZig (2022) Changan automobile released the navy brand, with a sales target of 5.5 million units in 2030. LaiTimes. https://www.laitimes.com/en/article/3k7fh_40wg9.html. Accessed 23 Aug 2022
European Commission (2022) EU invests €5.4 billion in sustainable, safe, and efficient transport infrastructure. https://transport.ec.europa.eu/news/eu-invests-eu54-billion-sustainable-safe-and-efficient-transport-infrastructure-2022-06-29_en. Accessed 23 August 2022
Franklin J, Zhu J (2018) In Tesla’s shadow, China’s NIO raises $1 billion from IPO: sources. Reuters. https://www.reuters.com/article/us-nio-inc-ipo-idUSKCN1LR2QJ. Accessed 23 Aug 2022
Furcher T et al (2021) Car buying is on again, and mobility is picking up. McKinsey & Company. https://www.mckinsey.com/business-functions/growth-marketing-and-sales/our-insights/how-consumers-behavior-in-car-buying-and-mobility-changes-amid-covid-19. Accessed 23 Aug 2022
Garfield L (2017) Only 20% of Americans will own a car in 15 years, new study finds. Insider. https://www.businessinsider.com/no-one-will-own-a-car-in-the-future-2017-5. Accessed 23 Aug 2022
Geely Auto (2021) Geely auto group unveils smart Geely 2025 strategy. Geely Global Media Center. http://global.geely.com/media-center/news/geely-auto-group-unveils-smart-geely-2025-strategy/. Accessed 23 Aug 2022
Global Times (2021) Ride-hailing giants jostle for market share. https://www.globaltimes.cn/page/202107/1229125.shtml. Accessed 23 Aug 2022
Jadhav A et al (2021) Ride sharing market by booking type (online booking and offline booking), commute type (intracity and intercity), and vehicle type (cars, motorcycles, and others): global opportunity analysis and industry forecast, 2021–2030. All Market Res. https://www.alliedmarketresearch.com/ride-sharing-market-A13712#:~:text=The%20global%20ride%20sharing%20market,13.2%25%20from%202021%20to%202030. Accessed 23 Aug 2022
Kane M (2022a) World’s top 5 EV automotive groups ranked by sales: H1 2022. InsideEVs. https://insideevs.com/news/601770/world-top-oem-ev-sales-2022h1/. Accessed 23 Aug 2022
Kane M (2022b) China: Wuling Hong Guang MINI EV sets massive sales record. InsideEVs. https://insideevs.com/news/560897/china-wuling-hongguang-sales-2021/. Accessed 23 Aug 2022
Khara I (2022) A massive step but is it enough? US Infrastructure Bill invests over $100 billion in public transport. UITP. https://www.uitp.org/news/a-massive-step-but-is-it-enough-us-infrastructure-bill-invests-over-100-billion-inpublic-transport/. Accessed 23 August 2022
Liu P, Ren D (2021) Chinese tech titan Baidu and carmaking giant Geely to pour US$7.7 billion into making next-generation smart cars. South China Morning Post. https://www.scmp.com/business/companies/article/3130852/chinese-tech-titan-baidu-and-carmaking-giant-geely-pour-us77. Accessed 23 Aug 2022
Lo F (2022) Baidu bags China's first fully driverless robotaxi licenses. Reuters. https://www.reuters.com/business/autos-transportation/baidu-bags-chinas-first-fully-driverless-robotaxi-licenses-2022-08-08/. Accessed 23 Aug 2022
Parikh S (2022a) Nio ES8 launched in Norway, ET7 & ET5 to follow. Topelectricsuv. https://topelectricsuv.com/news/nio/nio-overseas-launch-plan/. Accessed 23 Aug 2022
Parikh S (2022b) XPeng G3i (G3 facelift) launched in Norway. Topelectricsuv. https://topelectricsuv.com/news/xpeng/xpeng-g3-norway-global-launch/. Accessed 23 Aug 2022
Randall C (2022a) BYD plans to hit the Japanese market with 3 BEVs. Electrive. https://www.electrive.com/2022/07/22/byd-plans-to-hit-the-japanese-market-with-3-bevs/. Accessed 23 Aug 2022
Randall C (2022b) Nissan & Dongfeng announce 17 EVs by 2023. Electrive. https://www.electrive.com/2020/11/23/dongfeng-limited-announces-17-evs-by-2023/. Accessed 23 Aug 2022
Ren D (2021) Li Auto is mulling an overseas assembly to outgrow China’s bare-knuckle market of electric vehicles. South China Morning Post. https://www.scmp.com/business/companies/article/3144656/li-auto-mulling-overseas-assembly-outgrow-chinas-bare-knuckle. Accessed 23 Aug 2022
Ren Q (2018) Dongfeng Nissan begins production of Sylphy zero emission electric car. Nissan Motor Corporation Official Global Newsroom. https://global.nissannews.com/en/releases/release-ed7b0014763a42e1693c5c954e1b7e81-180827-01-e. Accessed 23 Aug 2022
Sarkar A (2022) Huawei, CATL and Changan automobile’s AVITA 11 smart car’s details released. Huawaicentral.com https://www.huaweicentral.com/huawei-catl-and-changan-automobiles-avita-11-smart-cars-details-released/. Accessed 23 Aug 2022
Shen J (2021) Huawei debuts electric vehicle brand Avatr in tie-up with Changan, CATL. Technode. https://technode.com/2021/11/16/huawei-debuts-electric-vehicle-brand-avatr-suv-tie-up-with-changan-catl/. Accessed 23 Aug 2022
Sina (2022) 五菱新能源战略:2023年力争新能源汽车年销量达百万辆 (Wuling’s new energy strategy: strive for annual sales of one million new energy vehicles in 2023) Finance.sina. https://finance.sina.com.cn/tech/2022-03-09/doc-imcwipih7451530.shtml. Accessed 23 Aug 2022
Song A (2022) Li Auto makes hay while electric sun shines. Reuters. https://www.reuters.com/breakingviews/li-auto-makes-hay-while-electric-sun-shines-2022-06-30/. Accessed 23 Aug 2022
Steitz C, Klayman B (2022) CATL planning EV battery production in United States, vetting sites. Reuters. https://www.reuters.com/technology/exclusive-catl-planning-ev-battery-production-united-states-vetting-sites-2022-05-06/. Accessed 23 Aug 2022
The Business Times (2022) Didi in talks with Haima Automobile about EV partnership: sources. https://www.businesstimes.com.sg/garage/didi-in-talks-with-haima-automobile-about-ev-partnership-sources. Accessed 23 Aug 2022
Zhang P (2022a) SAIC-GM-Wuling to assemble its mini EVs in Indonesia. CnEVPost. https://cnevpost.com/2022/05/26/saic-gm-wuling-to-assemble-its-mini-evs-in-indonesia/. Accessed 23 Aug 2022
Zhang P (2022b) Deliveries: how does NIO compare to XPeng and Li Auto? CnEVPost. https://cnevpost.com/2022/01/01/deliveries-how-does-nio-compare-to-xpeng-and-li-auto/. Accessed 11 Oct 2022
Zhang P (2022c) Didi reportedly could announce car-making plans in June. CnEVPost. https://cnevpost.com/2022/03/15/didi-reportedly-could-announce-car-making-plans-in-june/. Accessed 23 Aug 2022
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Yang, J.Y., Gu, Y., Tan, Z.L. (2023). An Overview of the EV Stakeholders in China. In: Chinese Electric Vehicle Trailblazers. Business Guides on the Go. Springer, Cham. https://doi.org/10.1007/978-3-031-25145-0_3
Download citation
DOI: https://doi.org/10.1007/978-3-031-25145-0_3
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-25144-3
Online ISBN: 978-3-031-25145-0
eBook Packages: Business and ManagementBusiness and Management (R0)