The development of new energy vehicles will bring the scale of the 19 billion motor market with the rise of the new energy automobile industry. As the core component of new energy vehicles, the motor has the strongest certainty, whether in the field of hybrid or pure electric. Still in the fuel cell vehicle field is irreplaceable.
According to the sales and structure of new energy vehicles, the market size of the drive assembly (motor + electronic control) will reach about 12.5 billion yuan in 2017, and the compound annual growth rate of the new energy vehicle drive assembly (motor + electronic control) market in the next three years. (CAGR) will reach 35%, and by 2020 the market size will exceed 30 billion yuan.
As we all know, China is the world's largest new energy vehicle market. In the future, new energy passenger vehicles are expected to have a growth of 810,000 vehicles, 1.23 million vehicles and 1.75 million new energy buses in 2018-2020. It will maintain steady growth in the future. It is estimated that the production of 125,000 vehicles, 129,000 vehicles and 133,000 new energy vehicles in 2018-2020 is expected to benefit from the electrification replacement of logistics vehicles. It is expected to enter a rapid growth period in the future. It is estimated that the output will be 107,000 vehicles in 2018-2020. 128,000 vehicles and 153,000 vehicles. The total output of new energy vehicles is expected to be 1.043 million, 1.484 million and 2.034 million in 2018-2020.