5 years after the motor system or 100 billion market
According to the Voice of Economy “The World Financial†report, in August of this year, China’s new energy vehicles have increased threefold year-on-year. Under the circumstance that the overall growth of the auto industry is weak, new energy vehicles can be described as “something in the greenâ€. The rapid growth of vehicle production also brings huge opportunities for the development of the upstream and downstream industries of new energy vehicles. The motor system is expected to become a market of 100 billion in five years.
New Energy Vehicles Prominent to Drive Investment in Motor Industry <br><br> According to forecasts, the production of new energy vehicles will reach 200,000 vehicles this year. As an emerging industry, despite the rapid growth rate, the total volume is not large, accounting for only about 1% of the overall automotive industry. Therefore, according to analysis, with the gradual landing of supporting policies and the improvement of production technology, the new energy vehicle industry may still have hundreds of times more room for growth.
The fast-volume market has driven the production of new energy vehicle components. Among them, the performance of the motor industry is the most eye-catching. Experts predict that according to the industry scale of new energy vehicles, it is estimated that by 2020, the demand for motor drive systems will reach 500 to 100 billion yuan. According to Wang Kefeng, deputy general manager of Beiqi New Energy Automotive, the motor is one of the most essential components of the new energy vehicle, which is equivalent to the engine of a traditional car.
The rise of the motor industry also triggered the capital market. Recent semi-annual reports from 10 motor companies such as the Dayang Electric Co. showed that 80% of the company's net profits are positive. In addition to established companies, more and more new entrants also want to share in the first half of the year. In the first half of the year, traditional auto parts companies such as Wanxiang Qianchao entered the field in the form of equity participation or acquisition.
The market outlook for new energy vehicle motors is bright, and R&D companies need to pay more attention to technology. Despite promising market, the development of the industry is not easy. Senior automotive commentator Tian Yongqiu pointed out that the "cake" of the motor market is very large, but when viewed in detail, different types of new energy vehicles correspond to different technologies, leading some companies to fail to meet market demand. Therefore, while seizing the market, we must pay more attention to the accumulation of different technologies.
Another problem to be solved is how to deal with the challenges of foreign companies. At present, the domestic market for new energy vehicle motors is mainly supported by independent enterprises, but older manufacturers such as Denso and Siemens will soon have a strong involvement. Wang Kefeng frankly stated that there is still a gap between the domestic motor controller technology and foreign countries.
However, Wang Kefeng, deputy general manager of Beiqi New Energy Automobile, believes that the future of China's new energy vehicle motor industry is bright, and as long as we take advantage of the industry's first-mover advantage, we can achieve "curve crossing":
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