29 Aachen Colloquium Sustainable Mobility
„No Outside Help Needed“ – The Rise of the Chinese EV Ecosystem
Authors
Andreas Cornet, Mauro Erriquez, Philip Schäfer, Dennis Schwedhelm, Ting Wu, Andreas Venus, Nicolai Müller, McKinsey & Company, Inc., Munich, Germany
Summary
Many automotive OEMs and suppliers in Europe, the United States, and Japan are starting largescale launches of battery electric vehicles (BEVs) in their core markets. But in China, a rapidly growing BEV market and ecosystem have already emerged. To help global automotive OEMs and suppliers truly understand the major challenges and opportunities of the Chinese BEV market, we analyzed ten BEVs that are popular in China in depth. We covered a large portion of the market, looking at vehicles from both incumbent OEMs and new players, including Buick, BYD, GAC, Geely, JAC, NIO, Roewe, SAIC, and Weltmeister.
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