From 2021 to the first Of Unit Power’s main business products were 12.02%, 13.57%, 14.64% and 15.96% respectively , showing an overall upward trend.
It is worth noting that new energy vehicles have a simpler overall design than traditional fuel vehicles,
the number of parts has been greatly ruc, the threshold for vehicle manufacturing has been lower,
the market competition is fierce, and sales are often nauru email list 100000 contact leads increas through price cuts and promotions.
At the same time, the price ruction of vehicle sales tends to be transmitt upstream, which may also lead to the squeezing of profit margins of new energy vehicle parts suppliers such as Unit Power.
In recent years, with the support of policies, my country’s automobile companies
An domestic power system suppliers have gradually achiev 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 exce 65% and 60% respectively.
In the passenger car field, according to NE the authorities of luxembourg Times statistics, in the first half of 2024, in China’s new
energy passenger car market, Unit Power’s electronic control product share was about 11%, ranking
first among thirdparty 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
Unit Power mainly achiev largescale sales of electric drive systemrelat products, and is in a leading position in this segment.
Dependence on major customers such as Ideal liechtenstein number and GAC, and the failure of WM Motor
With the rapid development of my country’s new energy vehicle industry, new car manufacturers
represent by Ideal Auto and Xiaomi Auto have taken this opportunity to successfully enter the
automobile market, and traditional car companies have also promot their own new energy vehicle transformation process From 2021 to the first.