NEV | New energy vehicle. Chinese term for BEV + PHEV + FCEV. As FCEV sales are almost non-existent in China, in the context of China EV DataTracker, we use EV as a synonym for NEV for easier understanding |
BEV | Battery Electric Vehicle (all-electric vehicle) |
PHEV | Plug-in electric vehicle. It is also called a parallel hybrid |
EREV | Extended range electric vehicle. It is a type of PHEV where ICE is not connected to the wheels; it only charges the battery or runs the electric motor. It’s also called serial hybrid |
EV | Electric vehicle. EV = BEV + PHEV |
ICE | Internal combustion engine |
FCEV | Fuel cell electric vehicle (hydrogen) |
PSS | Power Swap Station, Nio’s term for battery swap station |
SOE | State-owned enterprise. In our context, it is usually used for state-owned automakers |
BBA | Audi, Benz, BMW (abbreviation for German legacy automakers) |
CNC | CarNewsChina |
ADAS | Advanced drive assistant system |
LFP | Lithium iron phosphate battery |
NMC | Nickel Manganese Cobalt battery (also called ternary) |
RWD | Rear wheel drive |
FWD | Front wheel drive |
AWD | All-wheel drive |
MoM | Month-on-month, comparison with the previous month |
WoW | Week-on-week, comparison with the previous week |
YoY | Year-over-year, comparison with the same period the previous year |
JV | Joint venture. China required foreign automobile companies to form JVs with local automakers in exchange for market access. Foreign ownership in these JVs was capped at 50%. China removed the joint ownership requirements in 2022. Examples: SAIC-VW, BMW-Brilliance |
PV | Passenger vehicle |
CV | Commercial vehicle |
MIIT | Ministry of Industry and Information Technology |
CAAM | China Association of Automobile Manufacturers |
CPCA | China Passenger Car Association |
TOPS | Trillions or Tera Operations per Second |
CLTC | China Light-Duty Vehicle Test Cycle |