摘要: 1. The Chinese federal and local governments are creating a mass EV market a. Production of vehicles and battery in China 2. The European C02 mandate and the reduced interest in diesel are pushing premium car makers in the directi... 展开 1. The Chinese federal and local governments are creating a mass EV market a. Production of vehicles and battery in China 2. The European C02 mandate and the reduced interest in diesel are pushing premium car makers in the direction of xEVs a. Large investments in BEV by VW and premium carmakers b. Mild 42V activity is quite high but fuel economy improvement in real life is below 10% 3. Japan is staying focused on strong hybrids 4. The U.S. and most of the rest of the world are moving at a slower pace 5. The xEV battery market is positioned to exceed $27 billion in 2020 and $60 billion in 2025 a. Panasonic, LG, CATL. BYD and SDI are market leaders 6. The profitability of most xEVs is challenging, which puts pressure on the supply chain a. Carmakers need to meet governmental requirements and sell cars profitably at prices that their customers are willing to pay. 收起