What opportunities are available for car accessories
Release time:
2021-06-14 00:00
1, half of the world's new energy vehicle market in China, China has the world's most complete new energy vehicle industry chain, with the world's largest production of new energy vehicles.
2, traditional fuel cars have been regardless of technology or brand recognition have been firmly controlled by the European and American markets, Chinese companies want to win almost impossible, foreign investors have a complete industry chain, parts certification system, domestic auto parts companies can only do some of the lower technology content of the "edge". This has also led to the main domestic auto parts line of industry companies generally within the market value of 10 billion, most in the 6 billion or so.
The reason for this phenomenon, one is the late start of China's automotive industry, poor technology, the second is, Europe and the United States supporting accessories, is already a mature system, and the traditional fuel car improvements are not much change, there is no need for new suppliers. The solid competitive pattern has led to our auto parts companies, it is difficult to develop and grow.
For example, the braking systems of Burtons and Asia Pacific are already the leading domestic braking systems, but the growth rate is very slow and the market value is very low, the former is dependent on Chery Automobile to be able to develop. The latter has seen no growth in revenue or profit in the last five years. Many of the listed auto parts manufacturers, the last 10 years of revenue profits, basically no growth.
3, fuel gas sales have declined in the last three years, which has led to a reduction in the incremental stock market. Auto parts factories are also "inwardly rolling". So many years in the past, auto parts companies only local opportunities, no plate market.
4. The world of "fuel cars" is the European and American markets, but the industry chain of "new energy" cars is the world of Chinese auto parts. And we are more responsive than developed countries, more positive response. Therefore, in the track of new energy vehicles, we are ahead of the world. Then the best new energy vehicle parts companies have more room for development.
Other Dynamics
Steadily Moving Forward: Second Week of Work
In the new year, the market competition remains intense. Motor energy efficiency upgrades, cost control, delivery cycles... every challenge requires close collaboration between upstream and downstream partners. At Chuangxin Kai Motor Co., Ltd., we firmly believe that only by perfecting every component can we achieve the outstanding performance of our customers' motors. In the second week of work, we are already ready. If you are looking for a reliable supplier of motor accessories, if you have a new project that requires prototyping, or if you want to find a partner for long-term and stable cooperation Welcome to contact us, and you are also welcome to visit our factory for an on-site inspection. Take a look at our workshop, take a look at our products, and take a look at our team of dedicated manufacturers.
Contact Information
Address: No. 7 Chuangxin Road, Luoyang Town, Changzhou City