In 2004, there were more than 1,000 production plants in China's electric vehicle industry, with an annual output of 6.75 million vehicles. In 2005, China's annual output of electric vehicles reached 9.6 million, and the market has more than 15 million. In 2006, the domestic production of electric vehicles reached nearly 20 million, an increase of more than 60% over the previous year. In 2010, the production and sales volume of light electric vehicles in China may reach 30 million, and the export volume may reach 5 to 6 million, achieving an industrial output value of 70 billion yuan. The overall scale of the industry including upstream and downstream driving output value will reach 130 billion. yuan. The rise of the electric vehicle industry in China has only been a few years. In these short years, the electric vehicle industry has grown from nothing, spread from sporadic distribution to a large-scale popularization, and has achieved rapid development and considerable progress. Since no core technology is required, the barriers to entry are low, and the profit margin is large, a large number of companies will focus on the emerging industry of electric vehicles in a short period of time. The development of the electric tricycle
industry has a strong regional nature. On the one hand, it is manifested in production and on the other hand in the consumer field, and this is also a gradual process. After more than ten years of development, China's electric tricycle industry has grown from small to large, and has formed a large-scale industrial group, especially after entering the 21st century, the entire industry has shown a rapid development trend. While we are delighted with the rapid development of this industry, we should also see that the overall development quality of the current electric vehicle industry is not high, which is mainly reflected in the fact that there are many manufacturers but the quality is not good. There are few large brands with independent research and development capabilities and large-scale brands, and most of them are manufacturers that rely on imitating assembly and operate at low prices. Some small factories can even assemble and sell with a few people and a few screwdrivers.
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