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Industrial software breaks the internal pain of auto parts

Industrial software breaks the internal pain of auto parts

(Summary description)Since 2009 China has become the world's large electric vehicle sales market, for eleven consecutive years to remain unchanged. The independent brands are also very competitive, and the market share has reached more than 40 per cent. Behind this is a huge parts market, which will reach 4.3 trillion yuan in 2021. However, at present, less than 20% of the parts and components to achieve a completely independent supply, the vast majority of parts and components industry is still monopolised by foreign enterprises. In fact, electric vehicles and parts are still China's second largest category of imported industrial goods, second only to integrated circuits.

Industrial software breaks the internal pain of auto parts

(Summary description)Since 2009 China has become the world's large electric vehicle sales market, for eleven consecutive years to remain unchanged. The independent brands are also very competitive, and the market share has reached more than 40 per cent. Behind this is a huge parts market, which will reach 4.3 trillion yuan in 2021. However, at present, less than 20% of the parts and components to achieve a completely independent supply, the vast majority of parts and components industry is still monopolised by foreign enterprises. In fact, electric vehicles and parts are still China's second largest category of imported industrial goods, second only to integrated circuits.

Information

Since 2009 China has become the world's large electric vehicle sales market, for eleven consecutive years to remain unchanged. The independent brands are also very competitive, and the market share has reached more than 40 per cent. Behind this is a huge parts market, which will reach 4.3 trillion yuan in 2021. However, at present, less than 20% of the parts and components to achieve a completely independent supply, the vast majority of parts and components industry is still monopolised by foreign enterprises. In fact, electric vehicles and parts are still China's second largest category of imported industrial goods, second only to integrated circuits.

As the crown of civilian industrial products, electric vehicles are composed of more than 20,000 parts. The total cost of an electric car, the cost of parts to account for 70% -80%. The quality of EV parts determines the reliability and stability of EV quality throughout its life cycle. EV industry in developed countries, parts and components and vehicle industry chain, the proportion of output value, generally more than 1.7:1, while China is only 1:1, the average profit margin of domestic electric vehicle parts foreign investment, joint ventures is about 10-15%, while most of the profit margin of the independent enterprises in the 2-3%.

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Xiongfeng

Wang Zhifeng

Xiongfeng

Cui Xueli

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