Dependence on major customers such as Ideal and GAC, and the failure of WM Motor
Posted: Sun Feb 16, 2025 3:50 am
My country's automobile companies and domestic power system suppliers have gradually achieved the localization of new energy vehicle power systems and the independence of core components through years of continuous investment. From January to June 2024, the market share of domestic brands of electronic controls and motors in my country's electric drive market exceeded 65% and 60% respectively.
In the passenger car field, according to NE Times statistics, in the first half of 2024, in China's new energy passenger car market, United Power's electronic control product share was about 11%, ranking first bosnia and herzegovina telegram data among third-party suppliers second overall, and the drive assembly product share was about 5.9%, ranking fourth; the motor product share was about 4.7%, ranking fifth; and the OBC product share was about 4.6%, ranking eighth.
In the commercial vehicle sector, during the reporting period, United Power mainly achieved large-scale sales of electric drive system-related products, and is in a leading position in this segment.
With the rapid development of my country's new energy vehicle industry, new car manufacturers represented by Ideal Auto and Xiaomi Auto have taken this opportunity to successfully enter the automobile market, and traditional car companies have also promoted their own new energy vehicle transformation process.
In the passenger car field, according to NE Times statistics, in the first half of 2024, in China's new energy passenger car market, United Power's electronic control product share was about 11%, ranking first bosnia and herzegovina telegram data among third-party suppliers second overall, and the drive assembly product share was about 5.9%, ranking fourth; the motor product share was about 4.7%, ranking fifth; and the OBC product share was about 4.6%, ranking eighth.
In the commercial vehicle sector, during the reporting period, United Power mainly achieved large-scale sales of electric drive system-related products, and is in a leading position in this segment.
With the rapid development of my country's new energy vehicle industry, new car manufacturers represented by Ideal Auto and Xiaomi Auto have taken this opportunity to successfully enter the automobile market, and traditional car companies have also promoted their own new energy vehicle transformation process.