普华永道：2030年中国汽车价值池（英文版）会员免费

China automotive value pools 2030Ways to play and investment opportunitiesJuly 2022

123Scope of the studySetting the sceneCurrent trends in the Chinese automotive marketWays forwardImplications for automotive players and proposed action plan2Strategy& | China automotive value pools 2030 Time to actSeizing the opportunity of current market dynamics

SummaryMuch of this increase in revenue can be attributed to disruptive trends such as digitalization and electromobility which has already led to new and growing value pools.At the same time non-Chinese players must increasingly be mindful of their exposure to geopolitical risk in China when making strategic investments.The total size of automotive value pools in China is mushrooming. It is expected to double by 2030, reaching a market size of more than USD 4.5 trillion. One in four vehicles sold worldwide will be in China.Financial services represent one automotive value pool that will expand rapidly from an underdeveloped base, with annual consumer spending set to increase by USD 863 billion to reach a total of USD 1.3 trillion by 2030.OEMs and other players with ambitions in this dynamic and highly competitive environment urgently need to decide on their own approach to the Chinese market. They have three options – going it alone, strategically partner or invest.Well-resourced Chinese start-ups are shaking up the market, hungrily chasing new value pools and challenging the way things are done. Global ICE1 incumbents come under increasing economic pressure.Chinese market snapshot by 2030Expected annual BEV unit salesAdditional annual spending on financial servicesAdditional annual spending on mobility servicesNumber of autonomous vehicles (L4) on the roadsChinese market share of global vehicle sales~10 Mio~863 bn USD~121 bn USD~1 Mio~25%3Strategy& | China automotive value pools 20301 ICE = Internal Combustion Engine Source: Statista, China Automotive Technology and Research Center, Strategy& research analysis

New value pools are emerging and growing strongly in the Chinese automotive market1 ICE = Internal Combustion Engine 2 NEV = New Electric Vehicle Source: Strategy& analysisCAGR ‘21-’304.2%7.8%10.4%13.1%9.3%8.4%34.1%DescriptionSupply of car componentse.g. Autonomous drivingManufacturing to vehicle sales e.g. ICE1 & NEV2 trendsMonetizing financing modelse.g. Financing of new vehiclesCar operating functionse.g. Function on demandSupplementary mobility offeringe.g. Ride hailing servicesProvided following car sales e.g. NEV accessoriesBattery recycling/reuse/reselle.g. Second-life battery useKey developments Increased demand for batteries and storage Increased connectivity and feature set Shift from ICEs to NEVs Decreasing number of parts in NEVs Trend towards financing and leasing Emergence of alternative business models Renewable energy creation for NEVs On-demand in-car services Development of fully autonomou...