1421

Current situation

Current Status

• EC are booming in the current market.
• Chinese government --> subsidies & gives free parking places.

Why?

• To reduce the carbon dioxide emission that cause climate change.
• To push its battery and auto industries ahead of global competitors.
• To reduce the huge dependence on oil.

Domestic Players

• Western companies have only 4% market share

Domestic players

Future trends

• Ban on petrol and diesel cars
• Foreign automakers
• 'Made in China 2025'
• Investments by the government

Future Trends

Threats or risks

• Enough charging points
• Standards and laws might differ
• Expensive

Threats or risks

Foreign businesses

• The market is still developing

Foreign bussinesses

key challenges:

• Understanding the Chinese market
• Facing the threats mentioned before

1421

• A defenitive opportunity for 1421
• foreign businesses require a good understanding.
• ''Chinable''

Conclusion