The automotive industry is currently facing unprecedented changes not seen in a century. Auto parts companies should adapt to global political and economic changes, and the demand for technological advancements, by planning for the transformation and upgrading of their enterprises. At the same time, auto parts companies should also implement a series of management changes to support their successful transformation. In recent years, new energy vehicles have seen rapid development globally, with especially swift progress in China. T car factory, representing new forces, advocates for the "3C" approach in automotive development, focusing on low cost and fast response, which has become one of the trends in the auto parts industry. The global auto parts supply system is expected to be reshaped. The demand for automotive intelligence is increasing. Due to the automotive market's requirements for high-tech applications, cars will increasingly lean towards intelligent applications such as car networking, front-end entertainment modules, and intelligent driving. These intelligent features will impose higher technical requirements on parts and components manufacturers. The lightweighting of parts and components is also on the rise. Due to ongoing concerns about environmental issues, the parts industry will focus on reducing car body weight through the modular application of new materials. Lightweight, clean, and environmentally friendly technology will become the future direction of industrial development. The industry chain's direction will diversify. The components industry chain will lengthen, starting from more subdivided first-class components and gradually focusing on body parts, doors, seats, audio systems, and other local areas. A comprehensive supplier resource model must be developed to adapt to future market development trends. #Lightweight #LightweightAsia2024 #automotivemarket To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia’s Post
More Relevant Posts
-
In today's automotive manufacturing industry, lightweighting has become a key goal. Lightweighting helps improve fuel efficiency, reduce emissions, and enhance vehicle performance. Carbon fiber composites, as a lightweight material, are gradually becoming one of the primary choices in the automotive manufacturing industry, especially in the application of car hoods. Traditional car hoods are typically made of steel, which is relatively heavy and adversely affects fuel efficiency. In contrast, carbon fiber composites offer outstanding strength and lightweight properties, making them a superior choice. By manufacturing hoods with carbon fiber composites, automakers can significantly reduce the overall weight of vehicles, thereby improving fuel economy. Moreover, carbon fiber composites exhibit excellent corrosion resistance and fatigue performance, making car hoods more durable and able to maintain good condition for longer periods. This means that vehicle owners can perform less maintenance and replacements, thus saving on repair costs. However, the manufacturing cost of carbon fiber composites is relatively high, which may affect the final car price. Nevertheless, as technology continues to advance, the cost of producing carbon fiber composites has been gradually decreasing, enabling more car manufacturers to incorporate this advanced material into their models. #Lightweight #LightweightAsia2024 #fuelefficiency To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
Automotive lightweighting is a major trend in the new energy vehicle industry. This is mainly because lightweighting can improve the range of new energy vehicles, reduce energy consumption, and help lower battery costs. Since the battery packs of new energy vehicles are relatively heavy, lightweighting is particularly important for these vehicles. Lightweighting technology can reduce the weight of components, improve driving range, and reduce component wear while meeting vehicle safety requirements. For example, according to the announcement by China Jushi, reducing the weight of the entire vehicle by 10% can improve fuel efficiency by 6%-8%; for every 100 kg reduction in vehicle weight, fuel consumption per 100 km can be reduced by 0.3-0.6 liters; and reducing vehicle weight by 1% can lower fuel consumption by 0.7%. Additionally, the application of lightweight technology can shorten braking distances, increase kinetic energy savings, improve acceleration performance, enhance maximum speed, and reduce noise and vibration. Lightweighting also helps control the cost of new energy vehicles. For example, the average weight of a 4-cylinder or 6-cylinder engine in a fuel car is 75-250 kg, and the average weight of a gearbox is 45-181 kg, whereas the battery pack in a new energy vehicle, especially a pure electric vehicle, makes the overall vehicle weight higher than that of a fuel car in the same class. #Lightweight #LightweightAsia2024 #Automotivelightweighting To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
Due to the trend of automotive lightweighting and the focus on topics such as "plastic instead of steel," JZT, known for its precision plastic gears and other precision injection molding parts, has garnered attention in the market. Their main products, including automotive precision plastic gears and other precision injection molding parts, are well-regarded in China. One of their notable products is the high-strength automotive wiper system precision injection molded gear. It utilizes a new type of plastic with lower density and undergoes special structural treatment, resulting in gears that are not only lightweight and high-precision but also have a longer lifespan and higher strength. These high-precision gears are crucial components of the automotive transmission system, typically found in the wiper system under the car's bonnet. Through continuous research and development along with technological innovation, JZT has developed a range of high-quality, high-performance lightweight parts. This includes precision injection-molded gears and high-strength engineering plastics for accelerator parts, all of which meet the demands of well-known automobile brands such as Mercedes-Benz, BMW, Audi, Volkswagen, and GM. Additionally, their products are used in new energy vehicles like Tesla, BYD, RISO, Azure, and Xiaopeng, showcasing their versatility and relevance in the evolving automotive industry. #Lightweight #LightweightAsia2024 #automotivelightweight To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
Due to the trend of automotive lightweighting and the focus on topics such as "plastic instead of steel," JZT, known for its precision plastic gears and other precision injection molding parts, has garnered attention in the market. Their main products, including automotive precision plastic gears and other precision injection molding parts, are well-regarded in China. One of their notable products is the high-strength automotive wiper system precision injection molded gear. It utilizes a new type of plastic with lower density and undergoes special structural treatment, resulting in gears that are not only lightweight and high-precision but also have a longer lifespan and higher strength. These high-precision gears are crucial components of the automotive transmission system, typically found in the wiper system under the car's bonnet. Through continuous research and development along with technological innovation, JZT has developed a range of high-quality, high-performance lightweight parts. This includes precision injection-molded gears and high-strength engineering plastics for accelerator parts, all of which meet the demands of well-known automobile brands such as Mercedes-Benz, BMW, Audi, Volkswagen, and GM. Additionally, their products are used in new energy vehicles like Tesla, BYD, RISO, Azure, and Xiaopeng, showcasing their versatility and relevance in the evolving automotive industry. #Lightweight #LightweightAsia2024 #automotivelightweight To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
China Automotive Industry Market In-depth Assessment and Investment Opportunity Forecast Report 2024-2030’ (hereinafter referred to as the ‘Report’) launched by Wisdom Research Consulting provides a comprehensive overview and in-depth analysis of China's automotive market. Since its inception, China's automobile industry has achieved remarkable results after decades of development and has now become a global powerhouse in automobile production and sales. The development of China's automotive industry has not only led to advancements in automotive manufacturing but also promoted the continuous improvement of the automotive industry chain. This includes the manufacture of auto parts, automotive sales, repair and maintenance, and second-hand car trading, forming a complete system within China's automotive industry chain. With the continuous development of China's economy, the advancement of science and technology, and the enhancement of automotive intelligence and Internet connectivity, the scale of China's automotive industry continues to expand. Data shows that in 2023, China's automobile manufacturing industry had total assets of 108.6683 trillion yuan, an 11.7% increase year-on-year; operating income was 100.9758 trillion yuan, an 8.7% increase year-on-year; and total profit was 508.63 billion yuan, a 4.4% decrease year-on-year. Automobile lightweighting can reduce fuel consumption, lower usage costs, and reduce various pollutant emissions. In recent years, China has issued related policy documents such as ‘Made in China 2025’ and the ‘Parallel Management Approach for Average Fuel Consumption of Passenger Car Enterprises and New Energy Vehicle Points.’ These documents indicate that automotive lightweight technology is a key breakthrough direction and development trend in the current automotive industry. #Lightweight #LightweightAsia2024 #automotiveindustry To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
A year ago, at the Shanghai Auto Show the Chinese #automotive industry showcased what’s in the box. At the IAA MOBILITY 2023 at the latest, it became more than obvious that Chinese BEVs were here to stay. And at the end of April, exciting innovations will once again be unveiled at the China Auto Show in Beijing. A good opportunity for a sneak preview and to take a closer look at the Chinese car market and analyze how Chinese OEMs want to gain a foothold in the European markets. The market entry of the Chinese will stimulate competition, accelerate the ramp-up of e-mobility and consumers can benefit from a wealth of new and, above all, affordable models. European manufacturers should use this head wind as momentum for the transformation. In our webcast "From China - with love? Sustaining industry transformation in a more protectionist world", I will join my colleague Jun JIN (Partner & Automotive Industry Leader, PwC China) and Burkhard Riering (Editor-in-Chief, Automobilwoche) in providing an insight into the market dynamics and highlighting options for action. I am looking forward to engaging in discussions and addressing many exciting questions! 👉Join us here: https://lnkd.in/drQSCtrR #AutomotiveIndustry #IndustryTransformation #Innovation #Webcast #pwc
To view or add a comment, sign in
-
The report titled ‘China Automotive Market Development Forecast Report 2024’ shows that from January to November 2023, China's automotive market sales reached 26.938 million units, an increase of 10.8% year-on-year. Sales of new energy vehicles were particularly significant, reaching 8.304 million units, a year-on-year increase of 36.7%. The report forecasts that China's auto market will continue to grow in 2024, with total sales expected to reach 31 million units, up 3% year-on-year. The new energy vehicle market is expected to expand further, with sales projected to reach 11.5 million units, a 20% year-on-year increase. However, the market is also facing challenges, including the sustainability of economic recovery, consumer confidence, uncertainty in the global trade environment, and price trends. To address these challenges, the auto industry should focus on expanding domestic demand, consolidating the fundamentals of foreign trade and foreign investment, promoting the construction of ecological civilization and green, low-carbon development, and maintaining the continuity and stability of policies to boost market confidence. Additionally, deepening reforms in key areas will inject momentum into the high-quality development of the automotive industry. #Lightweight #LightweightAsia2024 #automotivemarket To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
Automotive lightweighting is primarily achieved through the adoption of new materials, new processes, and optimized structural designs. Its classification is mainly based on the technologies and methods used. In the 1970s, after the first oil crisis, automotive lightweighting began to be taken seriously as manufacturers sought to reduce vehicle weight to improve fuel efficiency. From 2020 to the present day, automotive lightweighting has been involved in all aspects of the entire vehicle, including the body, chassis, powertrain, etc. Additionally, the wave of electrification has brought new challenges and opportunities for lightweighting, especially in the design and material selection of battery packs. The upstream area of automotive lightweighting mainly includes the production and supply of lightweight materials, such as high-strength steels, aluminum alloys, magnesium alloys, and carbon fiber composites. These material suppliers usually work closely with automotive component manufacturers to develop high-performance materials suitable for automotive lightweighting. The downstream application industries of automotive lightweighting are extensive, covering the entire automotive manufacturing industry. From body structure, chassis, powertrain to interior and exterior components, the application of lightweighting technology can be seen. In addition, automotive lightweighting also involves a number of related fields, such as aerospace, rail transportation, new energy, and so on. #Lightweight #LightweightAsia2024 #automotivelightweighting To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Learn more:https://lnkd.in/gid2RGSb
Lightweight Asia 2024-A high-level networking platform for lightweight automotive industry | 3-5 July 2024
lightweightasia.com
To view or add a comment, sign in
-
🚗 In 2023, Chinese car factories are taking the automotive industry by storm! Leading with innovation, advanced technology, and unmatched efficiency, they are redefining global standards and setting the pace for the future of mobility. Keep an eye on this space as China continues to drive the automotive world forward! #AutomotiveIndustry #Innovation #China #FutureOfMobility #2023Trends
To view or add a comment, sign in
-
Did you know that almost 40% of the cars in Britain are made in the North East? We make things, we’re innovators and we’re leading in green technology in this region. All of this was on show at last week’s North East Automotive Alliance Expo. We want our region to be known as the home of real opportunity. That’s why backing these industries to create the jobs of the future right here in our North East.
To view or add a comment, sign in
10 followers