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Development opportunities under the transformation of the automotive industry.

On the one hand, the overall number of cars in China shows an increasing trend year by year, among which, on the basis of traditional fuel vehicles, the number of new energy vehicles is also increasing year by year. With its “energy saving” advantage, new energy vehicles have become the preferred target of many taxis, online car, scooter, express freight trucks, etc. The gradualreplacement and withdrawal oftraditional fuel vehicles is an irreversible global trend.In this way, some parts of traditional fuel vehicles will also be eliminated, such as transmission parts, engine parts, etc., and hub bearings, which are essential for wheels, are still “irreplaceable”.7f1ac279c12051e8314ab88c370d3318

On the other hand, under the tide of new energy vehicles, various independent brands emerge inendlessly, which also makes the diversification of new energy vehicle hub bearing models intensified.The new models of wheel bearings continue to increase, and the export volume of new energy vehicles is also increasing, which also indicates that the export of new energy wheel bearings will be a potential opportunity.


Post time: Oct-18-2023