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The development trend, policies, and market scale of domestic and foreign range extenders show that the range extender industry has a bright future

The development trend, policies, and market scale of domestic and foreign range extenders show that the range extender industry has a bright future

[Abstract]:
Foreign companies producing electric vehicle range extenders include Audi, Chevrolet VOLT, AVL (Austrian Liszt internal combustion engine and equipment testing company), Ricardo (Ricardo), German FEV Engine Technology Co., Ltd., Lotus, and Mahler ( Mahhe), these companies have their own range extender and range extension solutions. GM also launched the extended range new energy model Volanda many years ago.
International extender companies:
 
Foreign companies producing electric vehicle range extenders include Audi, Chevrolet VOLT, AVL (Austrian Liszt internal combustion engine and equipment testing company), Ricardo (Ricardo), German FEV Engine Technology Co., Ltd., Lotus, and Mahler ( Mahhe), these companies have their own range extender and range extension solutions. GM also launched the extended range new energy model Volanda many years ago.
 
In the domestic passenger car sector, automobile companies such as Great Wall, Chery, GAC and BAIC have successively invested in the development of range-extended electric vehicles. In the development of passenger car electric vehicle range extenders, domestic fields have also begun to gradually increase investment, such as Chery, Liuzhou Wuling Liuji Power Co., Ltd., ALT and other companies. In the field of passenger cars, Hunan CRRC Times Electric Vehicle Co., Ltd. performed relatively well.
 
In April 2016, Siemens and Valeo signed an agreement to form a joint venture that will manufacture and sell high-voltage motors, range extenders and chargers for electric and light vehicles worldwide.
 
The first echelon supplier of electric car range extenders: Magna International (Canada), MAHLE (Germany), Juhein Metals Rheinmetall (Germany), Prag Energy Plug Power (US), and AVL (Austria) .
 
Domestic range extender companies:
 
In 2013, Hetian Company and Zongshen Power jointly developed the range extender, becoming the most competitive electric vehicle range extender project in China. In 2018, Hetian Company was selected as a high-tech enterprise in Dezhou, marking that the range extender has entered the new energy field.
 
Policy:
 
1. In the country "Made in China 2025", it is clearly proposed to focus on the development of "high-performance plug-in hybrid powertrain and extended range engine".
 
2. The Ministry of Industry and Information Technology reported and approved 216 industry standards including the automobile industry and one amendment standard for the automobile industry.
 
QC / T 1086-2017 "Technical Conditions for Range Extenders for Electric Vehicles" stipulates the terms and definitions, requirements, test methods and inspection rules for range extenders for electric vehicles. This standard applies to vehicle-mounted range extenders consisting of an internal combustion engine, a generator and a controller.
 
Other policies refer to the electric vehicle industry policy
 
Market size:
 
International:
 
The global extender market size has grown from US $ 07 million in 2010 to US $ 141 million in 2016. According to the proposed target of 7.6 million electric vehicles to be sold in 2020, the global extender industry has huge room for growth. It is estimated that by 2022, the industry market size will exceed US $ 2.7 billion, with an average compound growth rate of about 62%.
 
 
According to the latest report from Markets and Markets, the electric vehicle range extender market is estimated to reach 218,129 units in 2018, and is expected to reach 479,027 units by 2025, a compound annual growth rate of 11.89%.
 
Divided by type, the ICE range extender is the fastest growing product type in the market. ICE range extenders cost less than fuel cell range extenders. Due to its low cost advantages, the ICE range extender market is expected to continue to grow in the near future. In addition, OEMs such as Nissan (Japan) and Suzuki (Japan) plan to introduce electric vehicles equipped with ICE range extenders in developing economies such as India. These factors will help drive the growth of the ICE range extender market.
 
The Asia-Pacific region is the largest market for the electric vehicle range extender market.
 
Domestic:
 
 
Taking into account factors such as the demand for range extenders in China's new energy vehicles and the market price of range extenders, the scale of demand for range extenders is estimated. In 2016, the scale of range extenders for new energy vehicles in China was about 290 million yuan, 2010 -In 2016, the scale of demand maintained an annual compound growth rate of approximately 114%.