futuresearch.ai | Report ncrX

1
What percentage of Chinese households can afford the cheapest BYD electric vehicle?
$45.6 %$

$89.73 CNY$

$(50% CI: [70, 120])$

What are average monthly electricity costs for a BYD Seagull?

Key Parameter	Value	Source
electricity consumption in kWh per 100km[1.2.1] $(E)$	$11.19 (50% CI: [9.6, 13.6])$	1.2.1
average monthly distance in kilometers[1.2.1] $(D_{M})$	$1338 (50% CI: [1260, 1417])$	1.2.1
electricity price per kWh in Chinese yuan[1.2.1.2] $(P)$	$0.58 (50% CI: [0.52, 0.64])$	1.2.1.2

We calculate the average monthly electricity costs by multiplying the average electricity consumption per kilometer with an estimate for the average number of kilometers driven per month for a typical driver and the cost of electricity per kWh.

C = \frac{E}{100} \times D_{M} \times P

Supporting Evidence

[1.2.1]
FutureSearch's answer toWhat are average monthly electricity costs for a BYD Seagull?is
$89.73 CNY$
[1.2.1.2]
FutureSearch's estimate forWhat is the cost per kWh for charging an electric vehicle in China?
is
$0.58 CNY/kWh (90% CI: [0.52, 0.64])$

1
What percentage of Chinese households can afford the cheapest BYD electric vehicle?
$45.6 %$

$89.73 CNY$

$(50% CI: [70, 120])$

What are average monthly electricity costs for a BYD Seagull?

Key Parameter	Value	Source
electricity consumption in kWh per 100km[1.2.1] $(E)$	$11.19 (50% CI: [9.6, 13.6])$	1.2.1
average monthly distance in kilometers[1.2.1] $(D_{M})$	$1338 (50% CI: [1260, 1417])$	1.2.1
electricity price per kWh in Chinese yuan[1.2.1.2] $(P)$	$0.58 (50% CI: [0.52, 0.64])$	1.2.1.2

C = \frac{E}{100} \times D_{M} \times P

Supporting Evidence

[1.2.1]
FutureSearch's answer toWhat are average monthly electricity costs for a BYD Seagull?is
$89.73 CNY$
[1.2.1.2]
FutureSearch's estimate forWhat is the cost per kWh for charging an electric vehicle in China?
is
$0.58 CNY/kWh (90% CI: [0.52, 0.64])$