Hybrid & Electric Cars in China
Summary
Hybrid & Electric Cars in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Hybrid & Electric Cars in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP), and the market volume is given in terms of units sold.
- The Chinese hybrid & electric cars market recorded a value of $589,647.5 million in 2025, representing a compound annual growth rate (CAGR) of 50.5% between 2020 and 2025.
- Market consumption volume increased with a CAGR of 51.0% between 2020 and 2025, reaching a total of 13,341,528.0 units in 2025.
- In 2025, the Chinese New Energy Vehicle (NEV) market value grew by 22.9%, driven primarily by the strategic implementation of pivotal state frameworks like the national automotive 'trade-in' subsidy program and the transition to stricter Dual-Credit corporate fleet mandates, which established aggressive energy-efficiency targets and unlocked key purchase-tax exemptions for compliant automakers.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in China
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China hybrid & electric cars market with five year forecasts
- What was the size of the China hybrid & electric cars market by value in 2025?
- What will be the size of the China hybrid & electric cars market in 2030?
- What factors are affecting the strength of competition in the China hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up China's hybrid & electric cars market?
1 EXECUTIVE SUMMARY
1.1. Market Value
1.2. Market Value Forecast
1.3. Market Volume
1.4. Market Volume Forecast
1.5. Category Segmentation
1.6. Geography Segmentation
1.7. Market Rivalry
1.8. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market Definition
2.2. Market Analysis
2.3. Market Trends
2.4. Regulatory Landscape
3 MARKET DATA
3.1. Market Value
3.2. Market Volume
4 MARKET SEGMENTATION
4.1. Category Segmentation
4.2. Geography Segmentation
5 MARKET OUTLOOK
5.1. Market Value Forecast
5.2. Market Volume Forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Tesla Inc
8.2. BYD Co Ltd
8.3. SAIC Motor Corp Ltd
8.4. BAIC Motor Corporation Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry Associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market Value
1.2. Market Value Forecast
1.3. Market Volume
1.4. Market Volume Forecast
1.5. Category Segmentation
1.6. Geography Segmentation
1.7. Market Rivalry
1.8. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market Definition
2.2. Market Analysis
2.3. Market Trends
2.4. Regulatory Landscape
3 MARKET DATA
3.1. Market Value
3.2. Market Volume
4 MARKET SEGMENTATION
4.1. Category Segmentation
4.2. Geography Segmentation
5 MARKET OUTLOOK
5.1. Market Value Forecast
5.2. Market Volume Forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the recent developments in the market?
8 COMPANY PROFILES
8.1. Tesla Inc
8.2. BYD Co Ltd
8.3. SAIC Motor Corp Ltd
8.4. BAIC Motor Corporation Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry Associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: China hybrid & electric cars market value: $ million, 2020-25
Table 2: China hybrid & electric cars market volume: units, 2020-25
Table 3: China hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 4: China hybrid & electric cars market category segmentation: $ million, 2020-25
Table 5: China hybrid & electric cars market geography segmentation: $ million, 2025
Table 6: China hybrid & electric cars market value forecast: $ million, 2025-30
Table 7: China hybrid & electric cars market volume forecast: units, 2025-30
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: BYD Co Ltd: Key Facts
Table 12: BYD Co Ltd: Annual Financial Ratios
Table 13: BYD Co Ltd: Key Employees
Table 14: SAIC Motor Corp Ltd: Key Facts
Table 15: SAIC Motor Corp Ltd: Annual Financial Ratios
Table 16: SAIC Motor Corp Ltd: Key Employees
Table 17: BAIC Motor Corporation Ltd: Key Facts
Table 18: BAIC Motor Corporation Ltd: Annual Financial Ratios
Table 19: BAIC Motor Corporation Ltd: Key Employees
Table 20: China Size of Population (Million), 2021-25
Table 21: China Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 22: China GDP (Current Prices, $ Billion), 2021-25
Table 23: China Inflation, 2021-25
Table 24: China Consumer Price Index (Absolute), 2021-25
Table 25: China Exchange Rate, 2020-25
Table 1: China hybrid & electric cars market value: $ million, 2020-25
Table 2: China hybrid & electric cars market volume: units, 2020-25
Table 3: China hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 4: China hybrid & electric cars market category segmentation: $ million, 2020-25
Table 5: China hybrid & electric cars market geography segmentation: $ million, 2025
Table 6: China hybrid & electric cars market value forecast: $ million, 2025-30
Table 7: China hybrid & electric cars market volume forecast: units, 2025-30
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: BYD Co Ltd: Key Facts
Table 12: BYD Co Ltd: Annual Financial Ratios
Table 13: BYD Co Ltd: Key Employees
Table 14: SAIC Motor Corp Ltd: Key Facts
Table 15: SAIC Motor Corp Ltd: Annual Financial Ratios
Table 16: SAIC Motor Corp Ltd: Key Employees
Table 17: BAIC Motor Corporation Ltd: Key Facts
Table 18: BAIC Motor Corporation Ltd: Annual Financial Ratios
Table 19: BAIC Motor Corporation Ltd: Key Employees
Table 20: China Size of Population (Million), 2021-25
Table 21: China Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 22: China GDP (Current Prices, $ Billion), 2021-25
Table 23: China Inflation, 2021-25
Table 24: China Consumer Price Index (Absolute), 2021-25
Table 25: China Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: China hybrid & electric cars market value: $ million, 2020-25
Figure 2: China hybrid & electric cars market volume: units, 2020-25
Figure 3: China hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 4: China hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 5: China hybrid & electric cars market value forecast: $ million, 2025-30
Figure 6: China hybrid & electric cars market volume forecast: units, 2025-30
Figure 7: Forces driving competition in the hybrid & electric cars market in China, 2025
Figure 8: Drivers of buyer power in the hybrid & electric cars market in China, 2025
Figure 9: Drivers of supplier power in the hybrid & electric cars market in China, 2025
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in China, 2025
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in China, 2025
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in China, 2025
Figure 1: China hybrid & electric cars market value: $ million, 2020-25
Figure 2: China hybrid & electric cars market volume: units, 2020-25
Figure 3: China hybrid & electric cars market category segmentation: $ million, 2020-25
Figure 4: China hybrid & electric cars market geography segmentation: % share, by value, 2025
Figure 5: China hybrid & electric cars market value forecast: $ million, 2025-30
Figure 6: China hybrid & electric cars market volume forecast: units, 2025-30
Figure 7: Forces driving competition in the hybrid & electric cars market in China, 2025
Figure 8: Drivers of buyer power in the hybrid & electric cars market in China, 2025
Figure 9: Drivers of supplier power in the hybrid & electric cars market in China, 2025
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in China, 2025
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in China, 2025
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in China, 2025
