What China’s new carbon emission trading market means for businesses

China’s carbon emission trading

On July 16, the Vice-Minister for Ecology and Environment Zhao Yingmin officially ushered in the China’s long-planned carbon emission trading market, the world’s largest CO2 market. The carbon exchange system, which made its debut with 4.1 million tons of carbon dioxide quotas worth 210 million RMB traded in a single day, was actually launched in […]

Hydrogen vehicles in China: The next frontier in the new-energy vehicle market

Hydrogen vehicles in China

On June 9th, Chen Kele, the deputy director of the intelligent manufacturing promotion department of the Shanghai Economic and Information Technology Commission, announced that the Shanghai City Cluster plans to introduce 5,000 hydrogen fuel vehicles within 4 years, including 3,400 trucks, 1,400 passenger cars and 200 buses. Five thousand hydrogen fuel vehicles, it seems like […]

Tesla in China: Dominating the EV market with 0 marketing budget

Tesla in China

Since its founding in 2003, Tesla’s vision was to manufacture mass-market electric vehicles (EVs) that offered a compelling customer value proposition. This includes a long range vehicle that possesses recharging flexibility, one that is energy efficient, low cost, and high performing without compromising design or functionality. This article details the unique marketing strategy of Tesla […]

Renewable energy in China: Finding the path to carbon neutrality by 2060

renewable energy in China

China is the leading investor in renewable energy in the world.  In 2019, for example, the global renewable energy investment was 282 billion US dollars and China invested 87 billion US dollars. These investments help develop renewable energy in China while meeting increasing energy needs. Over the past decade, China has become a world leader in […]

Automotive industry in China: How carmakers compete for first place

Electric cars in China

Auto industry in China. China has been the world’s largest automotive market for years. That is why carmakers around the world are fighting to sell their cars to Chinese consumers. However, in a market mainly dominated by Chinese brands (42%), what are the trends and growth drivers that international carmakers can follow? The automotive sector […]

Unpacking the world’s largest Auto market: Is new energy vehicles the future of China’s car industry? | Daxue Consulting

energy vehicles in China

Since 2009, China has been home to the world’s largest automotive market. What’s new in China is also the leading automotive manufacturer worldwide. In 2016, China’s annual vehicle production accounted for nearly 30 percent of all vehicles produced worldwide, exceeding that of the European Union or that of the United States and Japan combined. Starting in the […]