New energy vehicle motor and electronic control market are blooming, BYD is the leader
Judging from the installed capacity of new energy vehicle motors, it is still dominated by new energy vehicle manufacturers such as BYD, which have strong new energy vehicle production capacity and related industrial chain supporting capabilities, and have greater technological development in new energy vehicle motors. Advantages: BYD, BAIC New Energy and Yutong Bus have a market share of 25%, 9.2% and 4.8% of the total installed capacity of new energy vehicles, which together account for 39%. The remaining market share of many professional component suppliers or automakers totaled 61%.
From the perspective of the new energy vehicle electronic control market, the market is still dominated by new energy vehicle manufacturers. The market share of BYD and BAIC New Energy's electronic control is 25% and 9.2% respectively; the joint vehicle electronic control installed machine accounts for 7%. The market share of other professional component manufacturers or third-party electronic control manufacturers is relatively low.
The production and sales of new energy vehicles will continue to maintain rapid growth, and the market size of new energy vehicle motors and controllers will exceed 100 million.
In 2015, the country issued the "Guidelines for Electric Vehicle Charging Facilities 2015-2020", which clearly stated the production and sales targets of new energy vehicles in the next few years, of which 1.45 million were in 2020 and the total holding capacity was 5 million (new additions in 2016-2020) The number of 4.571 million vehicles, more than 400,000 vehicles in 2015 and before, totaling more than 5 million vehicles);
In December 2016, the state issued the “13th Five-Year National Strategic Emerging Industry Development Plan”, which proposes that by 2020, the production and sales of new energy vehicles will be more than 2 million units, and the cumulative production and sales will exceed 5 million units. The overall technical level will remain. In synchronization with the international, a group of internationally competitive new energy vehicles and key component companies will be formed.
It can be seen that the state's policy support for the development of new energy vehicles will gradually increase, not only in terms of planning and layout guidelines, but also in terms of policy subsidies, which will greatly contribute to the development of new energy vehicles in China. Under such a trend, the new energy vehicle supporting industry will also usher in the golden period of development. The market scale of the new energy vehicle motor and controller industry will continue to rise under the trend of new energy vehicle production and sales scale, and it is expected by 2023. Breaking through 120 billion yuan.