Car Wheel Industry Development Of Favorable Factors

Dec 19, 2024

Favorable Factors
 
4

State policy support for the automobile industry

China's auto industry is listed as one of the pillar industries of national economic development, and plans to cultivate a number of parts production enterprises with international competitive advantages, so that it can enter the international auto parts procurement system, and strive to make China the world's auto parts supply base. The central and local governments have issued a series of relevant industrial policies to support the automotive industry, especially the development of self-owned brand vehicle and parts manufacturers. For example, the Automobile Industry Development Policy encourages the development of parts and components with independent intellectual property rights; The "Auto industry adjustment and revitalization Plan" proposes to achieve the goal of technological autonomy of key components; The Opinions on Promoting the Sustainable and Healthy Development of the Export of Mechanical and Electrical Products during the "Twelfth Five-Year Plan" Period include the automobile and motorcycle industries in the key export industries, and accelerate the construction of the export base of automobiles and parts; The "Twelfth Five-Year Plan" Automobile industry Development Planning Opinions put forward the planning goal of establishing auto parts export to form a supporting system and a post-market structure.

The automotive industry is in a period of growth, and market demand is stable

The automobile industry is one of the fastest-growing industries in the national economy. In recent years, China's automobile production and sales have maintained continuous growth, and at the same time, the market demand for auto parts has also grown. The average ownership of each hundred households in China is less than 35 cars, far lower than the level of car ownership of more than 200 cars per hundred households in the United States, China's automobile consumer market is still in the growth stage, in the future for a long period of time, China's automobile industry still has a large space for development. This provides a good opportunity for the long-term stable development of China's wheel industry.

21-55 2D blank 1
JDS007-2011 3

The trend of global procurement by international manufacturers is becoming increasingly obvious

International automobile manufacturers actively promote the globalization of parts procurement to flexibly and efficiently allocate resources on a global scale. As a standard part with more mature manufacturing technology, the wheel is the main part in the global transfer of the auto parts industry. China's wheel industry has mastered the core manufacturing technology, has a strong comprehensive competitiveness in R & D design capabilities, process technology level, product quality consistency and cost control, in the process of promoting the globalization of procurement by international manufacturers, attracted the buyers of international automobile and parts manufacturers, and gradually expanded the business scale in the foreign vehicle supporting market and after-sales market.

The development trend of automobile lightweight is conducive to further improving the aluminum rate of automobile wheels

Lightweight design is the development trend of the automobile industry. On the one hand, lightweight can effectively reduce exhaust emissions; On the other hand, automotive lightweight design is conducive to improving the vehicle fuel economy, vehicle control stability, safety, and other performance levels. At present, the domestic and foreign automobile lightweight technology is developing rapidly, with the main lightweight measures being lightweight structure and strength design, including the use of aluminum alloy in automobile wheels. At present, the global loading rate of aluminum alloy wheels is more than 60%. According to the calculation of the wheel committee of the China Association of Automobile Manufacturers, the loading rate of aluminum alloy wheels in China's passenger cars is about 70%. In the future, with the improvement of aluminum alloy wheel manufacturing technology, the strength of aluminum alloy wheels will be further optimized and can be applied to more models, which is conducive to the further improvement of the loading ratio of aluminum alloy wheels.

DSC0601
You Might Also Like