The International Energy Agency (IEA) has released its Global EV Outlook 2026. The report shows that the global electric vehicle (EV) market maintained strong momentum in 2025. EV sales hit record highs in nearly 100 countries and regions, rising 20% year-on-year to surpass 20 million units and accounting for one quarter of all new car sales worldwide. Driven by the energy crisis stemming from ongoing conflicts in the Middle East, global EV sales are projected to keep climbing in 2026, reaching 23 million units and making up nearly 30% of total new vehicle sales across the globe.Thanks to stricter EU CO₂ emission standards for automobiles, Europe emerged as the fastest-growing major market in 2025. Its EV sales surged more than 30% year-on-year, with EVs capturing a 28% market share. The U.S. market remained relatively steady, where EVs accounted for roughly 10% of new car deliveries. Emerging markets delivered particularly remarkable growth. In Southeast Asia, EV sales doubled in 2025, taking a market share of nearly 20%, with robust growth recorded in Vietnam, Indonesia and Thailand. In Latin America, buoyed by strong performance in Brazil and Mexico, regional EV sales jumped 75%.EV penetration is set to rise further across the world in 2026. Europe is expected to see the largest gain, with EV sales up around 20%. China’s EV market will continue to expand, and its EV market share may approach 60%. EV sales in other Asia-Pacific economies are forecast to grow by over 50%, while Latin America will post a 45% increase. Data indicates that EV sales tend to grow rapidly in countries and regions facing fuel shortages or sharp hikes in oil prices.Global EV sales stood at approximately 3.9 million units in the first quarter of 2026, down 8% year-on-year. Despite the overall decline, many individual markets posted solid growth. European EV sales rose nearly 30% year-on-year in Q1, sales in the rest of Asia-Pacific jumped 80%, and Latin America saw a 75% increase. In March 2026, EV sales grew year-on-year in almost 90 countries and regions, and around 30 of them set new monthly sales records.Driven by improving cost competitiveness and tougher CO₂ and fuel efficiency regulations, the global EV fleet is projected to hit 510 million units by 2035, more than six times the figure in 2025. EVs will account for roughly 50% of all new car sales worldwide by then. In contrast, the market share of internal combustion engine (ICE) vehicles will keep shrinking, and their sales are unlikely to return to the peak seen in 2017.Stricter carbon regulations will continue to boost EV adoption across Europe, where EVs are expected to make up over 90% of new car sales by 2035. In Southeast Asia, supported by favourable policies and increasingly competitive pricing, EVs could claim a 60% share of new vehicle sales by 2035. Vietnam stands out as the only country in the region with a sizable domestic EV manufacturing sector, where EV prices are now on par with ICE vehicles. Its EV market share is projected to exceed 80% by 2035.Wider EV adoption has delivered significant energy security benefits, especially for oil-importing nations. In 2025, the existing global EV fleet cut oil demand by around 1.7 million barrels per day. By 2030, EVs will displace an estimated 5 million barrels of oil per day globally.Electrification of road transport is advancing rapidly, led by strong growth in electric truck sales in China. Electric trucks accounted for 9% of global truck sales in 2025, with most of the growth coming from China. Sales also rose in Europe and North America. Currently, electric trucks cost two to three times more than diesel equivalents, but falling battery prices have made them cost-competitive in many markets over their full lifecycle. In Europe, the total cost of ownership for electric trucks is expected to match that of diesel trucks by 2030. By 2035, electric trucks will hold more than a 20% share of global new truck sales.International trade plays a vital role in the global EV industry. Global EV production reached nearly 22 million units in 2025, an increase of over 25% year-on-year, and around one quarter of these vehicles were traded across borders.Technological advances and artificial intelligence are reshaping the automotive industry. Battery electric vehicles (BEVs) are at the forefront of the software-defined vehicle trend. Falling sensor costs, more powerful automotive chips and AI integration have enabled streamlined vehicle control architectures and accelerated the development of new features. Major improvements in advanced driver-assistance systems (ADAS) and battery management have also pushed forward the commercial rollout of autonomous vehicles, which are now operating commercially in more than 20 cities, predominantly in China and the United States.Innovations in power electronics and battery cell technologies have created more efficient charging systems, cutting charging times and reducing peak load on power grids. Less than 5% of EVs currently support chargers rated at 250 kW or above, yet sales of fast-charging EVs are rising rapidly alongside the deployment of ultra-fast and megawatt-level charging infrastructure. Global electricity demand from EVs could exceed 1,500 terawatt-hours by 2035, accounting for only around 4% of the total increase in global power demand over the period. Regionally, EV adoption across road transport will push up electricity demand in Europe by more than 10% by 2035.Dedaration: This article comes from Xinhua Auto Network. 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As post-95s and Gen Z gradually become the main consumer group, the fundamental rules of competition in the automotive industry have undergone drastic changes. Whether automakers sticking to fuel vehicles or new energy vehicle startups racing ahead in the EV track must face a plain truth: young people no longer view cars merely as basic means of transportation. Instead, their purchasing decisions integrate lifestyle pursuits, value recognition and immersive technological experiences. By catering to younger consumers, optimizing product supplies and service models, brands can seize the youth market and grasp the core driver of future industrial growth.A New Consumption Ethic Blending Rationality and IndividualityTo win over young buyers, brands first need to understand them thoroughly. Surveys show that young and middle-aged consumers aged 26 to 45 account for over 60 percent of new energy vehicle buyers, with the proportion of post-95s and Gen Z rising steadily. Rational spending defines their consumption mindset. More than 70 percent of respondents cap their car budget at 1 to 1.5 times their annual income, with most choosing vehicles priced between 50,000 and 250,000 yuan, marking an end to blind spending on brand premiums. Notably, over 70 percent call for greater price transparency in after-sales services, a factor that heavily influences their final purchase choices.Meanwhile, individuality and scenario-based practicality are equally vital. Youthful aesthetic preference reflects their unique personalities, making frameless doors, mecha-style designs and trendy customized car paints highly popular. Yet stylish appearances must align with real-life usage scenarios. Camping enthusiasts prioritize external power supply functions, office workers favor spacious trunks, and social-oriented users value personalized modification potential. Such diverse demands have pushed carmakers toward scenario-oriented innovation. From budget-friendly compact EVs with ultra-low daily maintenance costs to camping-specialized vehicles supporting coffee machines and gaming devices, brands are precisely catering to personalized youthful needs.2025 is hailed as the starting year of AI integration in automobiles, making intelligent connectivity a standard requirement for young car buyers. High-end configurations such as 8295 chips and lidar sensors are now available in vehicles priced under 150,000 yuan. Nevertheless, young consumers show a clear tendency: they pay close attention to intelligent functions but are reluctant to pay extra for them. Statistics indicate that over half expect premium smart experiences, while only 10 percent are willing to pay a premium for intelligent upgrades. As one young car buyer put it, consumers need user-oriented practical smart functions rather than piled-up unnecessary hardware."Young consumers neither blindly chase brand premiums nor compromise on essential functions," commented Ji Xuehong, director of the Automotive Industry Innovation Research Center at North China University of Technology. "They seek well-priced vehicles within their budget, up-to-standard intelligent features and emotional resonance, all of which are indispensable."Shifting from Trend Chasing to Demand CreationCars are durable goods with a service life of 5 to 8 years, whose iteration speed can hardly keep pace with fast-changing youth trends. The movie marketing campaign of Pegasus 3 during the 2026 Spring Festival serves as a typical example. Nearly ten automakers placed product placements in the film. After its release, search volume for the 2026 Audi A3 surged by 230% month-on-month and in-store visits rose by 150%; search volume for Lynk & Co jumped by 180% and its Z-series orders increased by 90%; test drive reservations for Avatr grew by 120%, forming a complete business chain from content exposure to offline sales conversion. In contrast, some brands failed to stand out and became plain background elements in the film. This phenomenon reveals the widespread anxiety among automakers: brands fear being forgotten without following trends, yet blind trend-chasing easily leads to homogeneous competition.The smarter strategy is to shift from passive trend-following to active demand creation. Long-term low-interest payment plans launched by Tesla and Xiaomi as well as purchase tax subsidies offered by NIO perfectly fit young people’s deferred consumption habits. In terms of product development, modular intelligent driving upgrades have become a breakthrough solution. Many new energy vehicle brands continuously roll out new functions via OTA updates, enabling existing car owners to enjoy technological upgrades and solving core pain points of young users."Rapidly changing trends are never scary; what truly matters is solid technological strength and in-depth user insight," said a senior manager from a new energy vehicle dealership in Beijing. "We found young buyers value charging convenience far more than driving range. Hence we built a 15-minute charging network near shopping malls combined with online reservation systems, lifting offline charging conversion rates by 40%." This model featuring modular functions and scenario-based services prevents products from becoming outdated and keeps up with market trends sustainably.Ways to Keep Durable Goods TimelessGiven the durable nature of automobiles, blindly catering to short-term fads will only lead to fleeting market popularity. To retain young consumers, brands need to combine core reliable product strengths with trendy upgradable designs. Based on stable product quality, replaceable and upgradeable modules allow vehicles to stay fashionable for years.Popular intelligent equalization and high-standard basic configurations are keys to maintaining vehicle residual value. Young consumers reject flashy useless configurations but set high standards for core practical functions. Currently, vehicles priced at around 100,000 yuan are commonly equipped with large central control screens and intelligent voice assistants; over 80% of cars priced between 150,000 and 200,000 yuan are fitted with multi-screen linkage and mobile phone interconnection systems, making smart cockpits standard equipment. It proves that investment in basic intelligent layouts is essential for long-term product value retention rather than temporary trend investment.Hardware expandability and software upgradability via modular design are effective ways to adapt to market changes. Core automotive hardware remains stable in the long run, while smart cockpits and driving assistance systems can be flexibly updated.Hong Tao, vice chairman of China Consumer Economics Society and researcher at Beijing Technology and Business University, pointed out that automakers should transform from mere product sellers to comprehensive travel service providers, sustaining product attractiveness through continuous service optimization.In China’s 2026 automotive market, youthful consumer preferences are reshaping the whole industry. To stay competitive, automakers must fully understand young people’s consumption logic, establish long-term consumer trust via reasonable pricing strategies, emotional connection, forward-looking technological layout and ongoing service empowerment.Source: China Automotive NewsDeclaration: This article comes from China Automotive News. If copyright issues are involved, please contact us to delete.

The 2026 Ningbo International Auto Parts Fair (CAPAFAIR) has entered the 100-day countdown. The exhibition product system has been fully upgraded, covering full-scenario sectors including complete vehicle supporting, after-sales maintenance, refitting & maintenance, and intelligent manufacturing equipment. To facilitate efficient docking and precise product selection between buyers and exhibitors, we have systematically sorted and finely graded exhibits into six major categories. The detailed product classification is as follows:1. Automotive Parts and ComponentsEngine SystemsEngine assembly, cylinder block, cylinder head, piston, piston ring, connecting rod, crankshaft, camshaft, valve, valve oil seal, valve spring, timing belt/chain, tensioner, spark plug, fuel injector, fuel pump, oil pump, water pump, thermostat, radiator, intake manifold, exhaust manifold, turbocharger, exhaust gas valve, throttle body, air filter element, oil filter element, fuel filter element, engine gasket, cylinder head gasket, engine mounting, damping rubber pad, idle speed motor, crankshaft sensor, camshaft sensor, water temperature sensor, intake pressure sensor, oxygen sensor, EGR valve, intercooler, oil pan, intake & exhaust valve coverBody SystemsBody assembly, vehicle frame, door assembly, hood, trunk lid, roof, fender, bumper, front grille, roof rack, rearview mirror assembly, window glass, door glass, quarter window, sunroof assembly, wiper arm, wiper blade, door hinge, door lock assembly, inner door handle, outer door handle, body sheet metal parts, A-pillar, B-pillar, C-pillar, wheel arch, mud flap, deflector, rear spoiler, threshold strip, body rubber strip, sound insulation cotton, sealing strip, door stopper, hood lock, trunk lockWearing PartsAir filter, oil filter, fuel filter, cabin air filter, wiper blade, brake pad, brake disc, brake drum, timing belt, generator belt, air conditioning belt, tire, spark plug, storage battery, bulb, clutch disc, pressure plate, release bearing, shock absorber, lower control arm rubber bushing, stabilizer link, tie rod end, dust boot, water pipe, oil pipe, sealing rubber ring, brake pad wear sensor, wiper motor, window regulator, battery terminal, horn, fuse, relayStandard FastenersBolt, nut, washer, screw, pin shaft, circlip, split pin, rivet, expansion screw, sealing screw, self-locking nut, flange bolt, high-strength standard fastener, clip, rubber stud, cable tie, hardware standard fastenersAir-Conditioning SystemsAutomotive AC compressor, condenser, evaporator, expansion valve, receiver drier, liquid storage tank, AC pipeline, AC blower, cabin filter, heater core, AC control panel, air outlet, AC belt, refrigerant, refrigeration oil, temperature sensor, AC solenoid valve, air damper actuatorChassis SystemsChassis assembly, front axle, rear axle, subframe, engine cradle, shock absorber, spring, lower control arm, upper control arm, stabilizer bar, stabilizer bar end link, steering tie rod, cross rod, drag link, universal joint, drive shaft, half shaft, wheel hub bearing, steering knuckle, suspension bushing, chassis guard plate, differential, reducer, 4WD transfer case, universal joint dust boot, chassis suspension partsBraking SystemsBrake master cylinder, brake wheel cylinder, brake pad, brake disc, brake drum, brake oil pipe, vacuum booster, brake fluid reservoir, ABS pump, ABS sensor, brake caliper, handbrake cable, brake pedal, brake hose, brake vacuum pump, load sensing proportional valve, brake shoe2. Auto Electrics and ElectronicsAutomotive Electronic ProductsVehicle central control screen, car navigation, dash cam, car charger, vehicle inverter, audio main unit, horn, power amplifier, subwoofer, car Bluetooth, vehicle WiFi, OBD diagnostic scanner, car refrigerator controller, tire pressure monitoring system, parking radar, rear view camera, 360° panoramic image system, car aroma diffuser, wireless charging module, wiring harness assembly, body control module (BCM), engine control module (ECM), transmission control module (TCM)Vehicle Lighting SystemsHeadlight assembly, taillight assembly, fog lamp, daytime running light, turn signal light, brake light, reverse light, license plate light, reading light, interior ceiling light, ambient light, LED bulb, halogen bulb, xenon headlight, lens, lamp housing, lamp frame, headlight sealing strip, light switchDrive Motor SystemsDrive motor assembly, permanent magnet synchronous motor, motor controller, motor stator, rotor, motor bearing, motor wiring harness, reducer assembly, motor cooling pump, high-voltage power distribution box, motor insulation parts, drive motor housing, mounting bracket3. Automotive Supplies and ModificationsInterior & Exterior Decor SuppliesSeat cushion, seat cover, steering wheel cover, floor mat, trunk mat, headrest, lumbar support, throw pillow, car storage box, door anti-kick pad, central control decorative strip, window trim strip, threshold strip, interior film, sunshade curtain, car curtain, car hook, tissue box, phone holder, aromatherapy ornamentCar Beauty & Maintenance ProductsCar wax, coating agent, crystal coating liquid, windshield washer fluid, car wash liquid, interior cleaner, leather conditioner, tire wax, dashboard polish, rust remover, adhesive remover, asphalt cleaner, antifreeze fluid, glass coating, paint sealing glaze kit, car wrap filmAutomotive Safety SuppliesCar fire extinguisher, warning triangle, reflective safety vest, emergency jump starter, tow rope, jumper cable, tire repair tool, safety hammer, child safety seat, anti-collision strip, door anti-collision sticker, tire pressure monitor, anti-theft alarm, steering wheel lock, wheel lockRefitting PartsBody kit, rear spoiler, side skirt, grille refitting parts, exhaust tail section, exhaust middle section, suspension refitting parts, short spring, wheel spacer, flange plate, air intake refitting parts, blow-off valve, headlight refitting lens, ambient light refitting parts, steering wheel refitting parts, gear shift knob, racing seatAuto Maintenance ToolsSocket wrench, torque wrench, jack, floor lift, tire disassembly tool, spark plug socket, pliers set, screwdriver set, puller, jack stand, auto repair toolbox, crowbar, circlip plier, timing special toolLubricants & OilsFully synthetic engine oil, semi-synthetic engine oil, mineral oil, transmission fluid, brake fluid, power steering fluid, antifreeze, gear oil, differential oil, refrigerant, fuel additive, engine oil additiveTires & WheelsTubeless tire, all-season tire, snow tire, run-flat tire, wheel assembly, aluminum alloy wheel, steel wheel, wheel cover, tire valve stem, tire pressure sensor, wheel spacer, tire balance weight, inner tube, flap4. New Energy and Lightweight TechnologiesAutomotive Power BatteriesPower battery assembly, ternary lithium battery, lithium iron phosphate battery, battery module, electric cell, battery pack housing, battery thermal management module, BMS (Battery Management System), battery protection board, high-voltage wiring harness, battery thermal insulation cotton, battery sealantCharging InfrastructureOn-board charger, AC charging pile, DC charging pile, charging gun, charging cable, charging socket, charging pile module, charging adapter, portable charging gun, vertical charging pile, wall-mounted charging pileElectronic Control SystemsVehicle Control Unit (VCU), Motor Control Unit (MCU), Battery Management System (BMS), Power Distribution Unit (PDU), DC-DC converter, On-Board Charger (OBC), high-voltage relay, fuse box, electronic control wiring harness, electronic control sensor, vehicle control algorithm moduleThermal Management SystemsBattery cooling plate, cooling water pipe, electronic water pump, heat pump air conditioner, PTC heater, expansion tank, heat exchanger, heat insulation pipeline, water cooling plate, air cooling heat dissipation module, thermal management control valveAutomotive Lightweight Products, Technologies & EquipmentAluminum alloy body parts, carbon fiber components, plastic lightweight structural parts, magnesium alloy die-casting parts, high-strength steel parts, lightweight mold, lightweight forming equipment, composite material products, body lightweight sheet, structural adhesive lightweight connector5. Repair, Inspection and MaintenanceWorkshop Maintenance EquipmentVehicle lift, paint booth, frame straightening machine, four-wheel alignment machine, air compressor, air storage tank, MIG welding machine, TIG welding machine, paint drying equipment, pit lifting equipment, workshop dust removal equipmentMaintenance Hand ToolsGeneral auto repair tools, special disassembly & assembly tools, timing tools, chassis maintenance tools, electrical testing tools, puller set, pressing tool, oil pipe disassembly tool, valve maintenance tool, bearing disassembly & assembly toolVehicle Diagnostic Equipment & ServicesOBD code reader, automotive computer detector, fault diagnostic scanner, programming & matching equipment, oscilloscope, multimeter, circuit detector, throttle matching service, vehicle computer programming service, fault code clearing service, circuit maintenance serviceCar Washing Equipment & ServicesHigh-pressure car washer, foam machine, vacuum cleaner, air dryer, automatic car washing machine, steam cleaning machine, interior cleaning service, engine compartment cleaning service, chassis cleaning serviceVehicle Maintenance ServicesRoutine minor maintenance (oil & three filters replacement), major maintenance, transmission maintenance, brake system maintenance, oil circuit cleaning, carbon deposit cleaning, throttle body cleaning, intake manifold cleaning, cooling system cleaning, chassis armor maintenanceCar Detailing & RefurbishingPremium car wash & waxing, paint polishing, paint crystal coating & film coating, interior refurbishment, leather repair, headlight refurbishment, wheel refurbishment, paint scratch repair, glass repairAutomotive Painting & Anti-CorrosionSheet metal painting, partial touch-up painting, full car painting, anti-corrosion primer, topcoat, clear coat, putty, body filler, anti-rust paint, chassis armor spraying, body anti-corrosion treatment, sheet metal repair & painting service6. Processing Technology and EquipmentProcessing EquipmentCNC lathe, machining center, milling machine, grinding machine, drilling machine, cutting machine, bending machine, stamping press, sheet metal processing equipment, precision cutting equipment for auto parts, turning processing equipmentSurface Treatment TechnologyElectrophoretic coating, electroplating, powder spraying, spray painting, oxidation & blackening, polishing & grinding, wire drawing treatment, galvanization, chrome plating, vacuum coating, anti-rust treatment, ceramic coating treatmentMolds & Supporting AccessoriesAutomotive stamping mold, injection mold, die-casting mold, rubber mold, mold accessories, mold guide pillar & guide sleeve, mold hot runner, mold repair consumablesIndustrial RobotsWelding robot, spraying robot, handling robot, loading & unloading robot, assembly robot, grinding & polishing robot, auto parts production line robotDie-Casting & CastingAluminum alloy die-casting parts, zinc alloy die-casting parts, iron casting parts, aluminum casting parts, die-casting machine, casting mold, smelting equipment, die-casting release agent, casting sand mold, precision casting partsDedaration: Part of the articles and images are sourced from enterprises and online platforms.lf copyright issues are involved please contact us to delete.

A historic milestone as BYD becomes the first Chinese automaker to top the global automotive innovation ranking released by CAM in 2026.

Recently, the Ministry of Industry and Information Technology released the new batch of "Road Motor Vehicle Manufacturing Enterprises and Product Announcement" product listing. Under the brand of BYD, a new automotive brand, Linghui, has been added. In this product listing, the Linghui brand has a total of 4 new vehicles. Among them, 3 are pure electric sedans, including Linghui e5, Linghui e7, and Linghui e9; 1 is a plug-in hybrid MPV, namely Linghui M9. A reporter from First Finance News learned that the trademark of Lingyun was registered in 2010. According to the plan, the Lingyun brand mainly targets the large-scale procurement needs of the B-end market. This brand integrates the e-series new energy vehicles of the original corporate division of BYD, and has an independent channel system. The purpose of establishing the Lingyun brand is to distinguish the models targeting the B-end market from those targeting the C-end market, aiming to promote BYD's high-end strategy. In 2025, BYD's total annual sales exceeded 4.6 million units, with a year-on-year growth of 7.73%. Among them, the sales of the Dragon Network and Ocean Network, which target the mainstream market, were approximately 3.4485 million units, while the sales of the high-end brand Tang Dynasty were about 180,000 units. In other words, high-end positioning remains the key focus that BYD needs to overcome. Coincidentally, last year, GAC Auto's subsidiary GAC Aion also clearly distinguished between the B-end market and the C-end market. In order to improve the existing public perception of Aion as a ride-hailing brand, GAC Aion announced in 2025 that it would launch a dedicated brand for the B-end market. This move is precisely to completely separate the B-end and C-end markets, and to launch different exclusive models for different markets, and the channels and operations for the B-end and C-end will also be separated. By 2025, the number of domestic car brands will have exceeded 100. Amid intense competition in the automotive market, domestic automakers are witnessing a trend of resource integration, concentrating their efforts on cost reduction and efficiency improvement; at the same time, they are accelerating the process of upgrading to high-end products in order to seize high-profit markets for survival. This includes new emerging car brands such as Yi Jing (co-founded by Dongfeng Group and Huawei) and Qi Jing (co-founded by Guangzhou Automobile Group and Huawei), which all have a high-end positioning. The latest research report from CITIC Securities points out that one of the main trends in the automotive market in 2026 will be the acceleration of the high-endization of domestic brands. Although there will be abundant supply across various price ranges in 2026, the domestic market competition will still be intense. However, the leading high-end automakers will still be able to achieve relatively high marginal profits.

In the beginning of 2026, a live-streaming event featuring the disassembly of a car lasting for over four hours became the focus of industry discussions. The engineers of Xiaomi Motors disassembled a standard version of the Xiaomi YU7 that was launched in December 2025 on-site. They removed all the components and spread them out on the ground, presenting the design details and technical logic to the public.This live-streaming event, with the intention of "proving the technology", has already transcended the level of brand endorsement of the enterprise and is more like an industry slice, reflecting the profound changes in the current automotive component industry in three dimensions: safety design, technological autonomy, and supply chain reconfiguration.The concept of safety redundancy has become an industry consensus, and the design of components has entered the era of "full-scenario protection". In this live broadcast, details such as oversized door hinges, dual mechanical pull wire door handles, and the "wheel loss and vehicle protection" collision strategy are essentially the concrete manifestations of component safety redundancy design. Recently, the national standard for the line control steering system in GB17675-2025 "Basic Requirements for Automotive Steering Systems" has been officially approved for release by the National Standardization Management Committee and will come into effect on July 1, 2026. The standard clearly requires that the line control steering system must reach the highest level of automotive functional safety (ASIL D), meaning that the system must achieve comprehensive "dual redundancy" in dual power supplies, dual communications, dual controllers, and even dual execution paths to ensure that any single fault will not lead to the loss of steering function.Component manufacturers are shifting from "performance compliance" to "full lifecycle safety coverage". They not only need to cope with conventional driving scenarios but also need to solve safety challenges in extreme conditions through technological means such as structural innovation and multiple redundant backups. This transformation drives component design to move from optimizing individual components to the coordinated layout of a vehicle-level safety system, and forces upstream materials, manufacturing processes, and other links to upgrade simultaneously.The acceleration of core technology autonomy has led to a breakthrough. Mastering the discourse power in the industry has become the key to breaking through. The self-developed motors and silicon carbide chips disclosed during the live broadcast are the core components. Behind them lies the difficult leap of China's automotive parts industry from "following technology" to "leading innovation". In the era of traditional fuel vehicles, the core technologies of engine and transmission components were long controlled by enterprises from Europe, America, and Japan. Domestic enterprises mostly participated in the industrial chain as "processing and supporting" roles, with meager profits and lacking bargaining power.However, in the era of intelligent electrification, this pattern is being overturned: Great Wall Automobile spent nearly 10 years in research and development, achieving 90% or more of the self-research and development of components for the 4.0T V8 engine, breaking through the "technical hard nut" of large-displacement engines; Geely's Thunder God Hybrid engine, through independent innovation, has increased the thermal efficiency to the advanced global level of 47.26%, completely摆脱ing dependence on foreign technology; SAIC-GM-Wuling has even achieved 100% domestic chip switching for controllers in the production and installation of controllers， with a cumulative installation of over 3 million sets， breaking the monopoly of foreign companies in the core controller field. This breakthrough in autonomy not only upgrades component enterprises from "secondary roles in the industrial chain" to "technology exporters"， but also redefines the profit distribution pattern of the industrial chain - self-research and development of core components can help vehicle enterprises increase their gross profit margin by 8-10 percentage points， injecting core power into the high-quality development of the industry.From the perspective of the overall industry development, 2026 will be the "transformational year" for the automotive parts industry. The tightening of safety standards, the acceleration of technological autonomy, and the localization of supply chains - these three trends interweave with each other, driving the industry to shift from scale expansion to high-quality development. And this year's opening-day car dismantling live broadcast is precisely a vivid illustration of this transformation - when the "inner quality" of parts becomes the "outer appearance" of industry competition, the development logic of the entire industry is returning to the essence of technological innovation and quality improvement, providing core support for China's automotive industry to evolve from "large" to "strong".

The demand of household users for "large space and multiple seats" has driven the hot sales of new - energy MPVs. Three - row seats can accommodate the whole family for a comfortable journey. Consumers with a preference for good - looking products are fond of the technological style. Intelligent cockpits and voice interaction define a brand - new "living space". Outdoor enthusiasts have spurred the market for new - energy off - road vehicles, which can climb a 45 - degree slope and achieve a comprehensive cruising range of 1,000 kilometers...The newly issued "Implementation Plan for Strengthening the Adaptability between Supply and Demand of Consumer Goods and Further Promoting Consumption" proposes that by 2027, three trillion - level consumption sectors and ten billion - level consumption hotspots will be formed. As one of the three trillion - level consumption sectors with key layout, intelligent connected vehicles are now encountering vast new development opportunities.How to tap into a larger automotive consumption space? The implementation plan clearly states that it is necessary to enhance the adaptability between supply and demand and further unleash consumption potential. For example, focusing on key industries such as intelligent connected new - energy vehicles, it is required to create a hundred iconic products, a hundred innovative enterprises, and a number of demonstration scenarios for the first use of new products that can be experienced and promoted. Green and low - carbon consumption in fields such as new - energy vehicles should be encouraged. Enterprises should be supported to conduct new - energy vehicle promotion activities in rural areas."Adaptability means that the production and supply end of consumer goods proactively adapts to changes in consumption trends. From the very beginning of product design, it precisely matches diverse consumption demands to achieve a two - way interaction between supply and demand," said Xie Yuansheng, the vice - minister of the Ministry of Industry and Information Technology. He also mentioned that it is necessary to realize the transformation of production and consumption from quantity to quality, enabling enterprises to shift from producing more to producing more appropriately and better, so as to stimulate and meet various consumption demands with high - quality supply.In recent years, people have an intuitive feeling that there are more and more new - energy vehicles around them.The production of new - energy vehicles in China has achieved leapfrog growth, soaring from around 1.4 million in 2020 to over 13 million in 2024. The market scale has also expanded synchronously, approximately quadrupling. The latest data shows that in October 2025, the sales volume of new - energy vehicles accounted for 51.6% of the total sales volume of new vehicles, with the market share exceeding 50% for the first time.In the face of the continuously growing and increasingly diverse automotive consumption demands, the supply side has also taken new steps in quality improvement and upgrading.Currently, China has established a complete intelligent connected vehicle industrial system covering intelligent cockpits, autonomous driving, and network - connected cloud control. High - computing - power chips, multi - modal perception, and intelligent by - wire chassis are being installed in vehicles in batches. Technologies such as human - machine interaction and collaborative perception lead globally. The proportion of new passenger cars equipped with combined driving assistance functions (L2) in sales exceeds 60%.As workshops are equipped with "brains" and production lines move to the "cloud", in the wave of continuous upgrading of flexible "intelligent manufacturing" capabilities, Chinese automotive enterprises can not only promptly capture the latest trends in technological upgrades but also quickly respond to subtle changes in consumer demands.Industry enterprises have increased investment and overcome a series of technical problems, significantly improving product quality and performance. For example, the average cruising range of pure - electric passenger cars is approaching 500 kilometers. The cost of power battery cells has been reduced by 30%, the service life has been extended by 40%, and the charging rate has increased by more than three times. Infrastructure such as charging piles and battery - swapping stations has become more complete.Guided by consumption upgrading to drive industrial upgrading and better meet diverse demands with high - quality supply, automotive enterprises are continuously striving to achieve a higher - level dynamic balance between supply and demand:Targeting the young and personalized market, Leapmotor has launched the compact pure - electric coupe Lafa5, priced at the "100,000 - yuan level", offering an all - around experience that combines appearance, performance, intelligence, and quality;To enhance driving safety, Zeekr 9X integrates AI algorithms into chassis control. With 43 sensing units such as accelerometers and road - recognition radars, it can sense road conditions and driving intentions in real - time;To build an energy service system that is "chargeable, swappable, and upgradable", as of now, NIO has built more than 8,400 charging and battery - swapping stations globally, and its full - scenario charging services meet various energy - replenishment needs during travel...Fu Bingfeng, the executive vice - president and secretary - general of the China Association of Automobile Manufacturers, said that a series of measures, such as removing bottlenecks in automotive consumption and expanding the promotion of new - energy vehicles, will further invigorate the automotive consumption market. "We should continue to promote the industrial application of intelligent connected technologies in depth, accelerate the transformation and upgrading of the automotive industry, and unleash broader market potential through innovative supply.""Next, we will promote pilot reforms in automotive circulation and consumption, expand the circulation of second - hand cars, and develop the automotive aftermarket, including vehicle modification, leasing, racing, and RV camping, to expand automotive consumption across the entire chain." said Yang Nie, the head of the Market Operation and Consumption Promotion Department of the Ministry of Commerce.Declaration: This article comes from Xinhua News Agency. If copyright issues are involved, please contact us to delete.

November 18, Beijing — The Exchange and Promotion Conference on Industrialization Application and Quality Improvement of Domestic Automotive Chips under the "Quality Strengthening the Industry Chain" initiative was held. The event summarized phased achievements of the project and officially launched the upgraded "Automotive Chip Certification and Evaluation Technical System 2.0." Simultaneously, a domestic automotive chip certification expert database and a digital certification platform were introduced. These advancements mark critical progress in establishing China’s independent quality assurance system for automotive chips.  The "Quality Strengthening the Industry Chain" initiative, led by the State Administration for Market Regulation, represents a strategic effort to boost the high-quality development of China’s automotive chip industry. The project has transitioned from preliminary exploration to systematic implementation and from technical research to industrial validation. By establishing a comprehensive certification framework, breaking through key standards, and building digital platforms, it addresses the challenges of "reluctance and difficulty in adoption" faced by domestic automotive chips, overcoming industrialization bottlenecks through an innovative technical system tailored to China’s industrial realities.  The conference emphasized the need to continuously upgrade the technical system, accelerate the construction of certification centers, deepen international cooperation and standards mutual recognition, and expand domestic chips' application in broader markets. These efforts aim to further advance China’s goals of becoming a manufacturing and quality powerhouse.  Declaration: This article comes from Economic Reference News. If copyright issues are involved, please contact us to delete.

When automobiles meet home appliances, a revolution in lifestyle scenarios is quietly unfolding. Recently, Shenzhen Denza New Energy Automotive Co., Ltd. (Denza) announced a strategic partnership with COLMO, the premium smart home appliance brand under Midea Group. This collaboration enables Denza N8L owners to control whole-house smart appliances from their vehicles while simultaneously monitoring car status and executing remote operations via home devices. Li Hui, Denza's Brand Director, stated that the integration allows "bidirectional connectivity between smart vehicles and smart homes – controlling home appliances from the car and managing vehicles from home." Such alliances between appliance manufacturers and automakers have become increasingly frequent this year, accelerating the construction of "Human-Vehicle-Home" intelligent ecosystems through automotive-appliance integration. This seamless connectivity underscores smart vehicles' potential as the next-generation internet gateway.Midea Group has been steadily expanding its automotive footprint, leveraging home appliances as core nodes to form cross-industry alliances that break scenario barriers. In August 2023, Midea unveiled its comprehensive smart home strategy, designating "Human-Vehicle-Home Ecology" as one of three strategic pillars. Its ecosystem now integrates mobile, automotive, and internet interfaces, establishing an extensive network combining hardware synergy and scenario co-creation.Not to be outdone, Haier Group has actively developed automotive internet initiatives. In July, Haier signed a strategic cooperation agreement with Chongqing Changan Automobile to advance collaboration in new energy, supply chains, healthcare, and global branding. On August 27, Haier's subsidiary Kaolaise Holdings completed strategic equity investment in Autohome, finalizing board restructuring to deepen automotive ecosystem development.Simultaneously, home appliance manufacturers are expanding into mobility scenarios. Skyworth Group Co., Ltd., a pioneer among appliance makers venturing into vehicle manufacturing, has developed a "vehicle-home integration" system-centric strategy. Sharp Corporation showcased its LDK+ concept car at the 2025 Japan Mobility Show, transforming a 5-meter-long van into a "mobile living room." "Facing the vast potential of the Human-Vehicle-Home ecosystem, appliance companies are pursuing divergent paths based on their technological DNA and resource advantages," explained Zhang Jianfeng, Secretary-General of China Household Electric Appliance Business Association. "The cross-border vehicle manufacturing camp, represented by Xiaomi, Sharp, and Dreame, views automobiles as next-gen smart terminals to complete their ecosystems through direct production. The deep-scenario camp, including Midea, Haier, and Skyworth, focuses on scenario convergence." Gree Electric Appliances Inc. of Zhuhai has carved out a dual-path approach combining B-end supply chain expertise and C-end terminal development. Leveraging its air-conditioning technology, Gree has created vehicle thermal management solutions with 30% energy savings, becoming a key supplier for EV makers. Concurrently, it uses Gree smartphones as central control hubs to enable basic connectivity between mobile devices, vehicle systems, and home appliances.This ecosystem competition ultimately revolves around two strategic battlegrounds: full-scenario entry points and consumer data dominance. Dong Min, Secretary-General of China Video Industry Association, analyzed: "The Human-Vehicle-Home ecosystem has dual command centers - the home's 'master switch' and the vehicle's 'smart system.' Appliance giants firmly control residential entry points through years of smart home deployment, while automakers naturally dominate the mobile vehicular portal." User data forms another critical frontier. By analyzing behavioral patterns across vehicles, homes, and mobile devices, companies can construct precise user profiles for hyper-personalized services, thereby strengthening customer retention.Zhang Jianfeng predicts a tiered competition structure as more players join the race: "A handful of ecosystem architects with OS and AI capabilities will set the rules; most automakers and appliance brands will become ecosystem participants seeking differentiation within established frameworks; core component suppliers will serve as indispensable infrastructure providers across all ecosystems through technical specialization." Declaration: This article comes from Securities Daily. If copyright issues are involved, please contact us to delete.

Guided by the Ministry of Industry and Information Technology (MIIT) and organized by the China Society of Automotive Engineers (China-SAE), the *Energy-Saving and New Energy Vehicle Technology Roadmap 3.0* was recently released after being revised and compiled over 1.5 years by more than 2,000 industry experts. Aligned with global trends of "low-carbon, electrification, and intelligentization," the roadmap outlines seven major goals for China’s automotive industry development through 2040. Over the next 5 to 15 years, new energy vehicles (NEVs) will become mainstream in the automotive market, with unwavering commitment to electrification. By 2040, NEVs are projected to account for over 85% of passenger car sales, of which battery electric vehicles (BEVs) will dominate at 80%.  Key Targets Include:Carbon Peaking: Automotive industry carbon emissions will peak by 2028—earlier than China’s national carbon neutrality pledge—and drop by over 60% from the peak by 2040.Zero-Accident Mobility: A smart, connected, and NEV-based transportation system will evolve toward "zero accidents, zero casualties, and high efficiency."Full Electrification: NEVs will achieve over 80% market penetration by 2040, accelerating the industry-wide transition to electrification.Intelligent Infrastructure: A mature ecosystem for vehicle-road-cloud-integrated intelligent connected vehicles (ICVs) will emerge, enabling large-scale adoption of high-level autonomous driving technologies.Specifically, the total carbon emissions of the automotive industry will peak in 2028, ahead of the national carbon - emission reduction commitment. By 2040, the total carbon emissions will decline by over 60% compared to the peak. The transportation system, mainly composed of intelligent and connected new - energy vehicles, will develop towards the goals of "zero accidents, zero casualties, and high efficiency". The penetration rate of new - energy vehicles will reach over 80%, accelerating the full electrification process of the automotive industry. The intelligent and connected vehicle infrastructure ecological system integrating vehicles, roads, and clouds will be mature and sound, and high - level autonomous driving vehicles will be widely applied.Meanwhile, in the field of automotive technological innovation, there will be a coordinated and integrated development of education, science and technology, and talent. China will become the global origin of original innovation in automotive technology, with its original innovation ability leading the world. A modern automotive industry cluster featuring innovation - led, data - driven, collaborative and efficient, resilient and safe, and low - carbon sustainable development will be established, achieving high - end, intelligent, and green development. The global competitiveness of Chinese automotive brands will be significantly enhanced, and key auto - parts enterprises will be deeply integrated into the global industrial system, enabling China to rank among the world's leading automotive powers.In response to the "phasing - out theory" of fuel - powered vehicles, the new roadmap proposes that multi - path development for energy conservation and low - carbon should be promoted. In the next 5 to 15 years, internal combustion engines will remain an important power source for vehicles. "By 2040, the sales of passenger cars with internal combustion engines (HEV, PHEV, REEV) will still account for about one - third of the new passenger - car sales. By 2035, traditional - energy passenger cars will be fully hybridized. By 2040, hybrid vehicles will account for over 65% of new traditional - energy commercial vehicles, and the penetration rate of low - carbon and zero - carbon commercial vehicles will reach over 15%." said Zhang Jinhua, the president of the Society of Automotive Engineers of China.Zhang Jinhua introduced that automotive energy - saving technologies will develop towards diversified power sources, maximized energy efficiency, and intelligent control methods. The iterative upgrading of high - efficiency power systems will drive further breakthroughs in thermal efficiency, with the maximum thermal efficiency of hybrid - specific engines reaching 48%. Zero - carbon fuels and traditional energy sources will complement each other to support the parallel development of a diversified power system. The integrated design of multi - material hybrid structures and the application of new materials will deepen the development of vehicle lightweighting. The empowerment of intelligent technologies will promote the overall dynamic optimization of energy management.Notably, the new roadmap adds a key indicator of carbon - emission intensity. "By 2040, the average carbon - emission intensity of passenger cars should be reduced by 60% compared to 2024." said Li Kaiguo, the supervisor - general of the Society of Automotive Engineers of China. The scientific nature of this indicator lies in the use of the calorific - value conversion method, which also converts electricity consumption into carbon emissions. "This means that our evaluation of pure - electric vehicles and plug - in hybrid vehicles is no longer based solely on electricity or fuel consumption but is unified on a more ultimate 'carbon' scale.""The core highlight of the new roadmap is the adherence to the strategy of 'promoting both fuel - powered and electric vehicles', which is consistent with the view of 'equal strength of fuel - powered and electric vehicles' held by the Passenger Car Association and also in line with the world's new energy concept." Cui Dongshu, the secretary - general of the Passenger Car Association of the China Automobile Dealers Association, told reporters. In addition to clarifying the penetration rate of new - energy passenger cars, the new roadmap also emphasizes that the application scenarios of new - energy commercial vehicles will expand from the current urban and short - distance scenarios to medium - and long - distance scenarios. By 2040, the penetration rate of new - energy commercial vehicles will reach about 75%. By 2040, the number of fuel - cell vehicles will achieve a step - by - step breakthrough from the current tens of thousands to 100,000 and 1 million, with the overall scale exceeding 4 million.Moreover, the new roadmap also clarifies the development nodes of multiple key technologies. Among them, all - solid - state batteries are expected to be applied on a small scale in 2030 and are likely to be widely promoted globally by 2035. At that time, the comprehensive performance, cost, and environmental adaptability of the batteries will better meet consumer needs. In the next 5 to 15 years, intelligent and connected vehicles will enter the fast lane of market - oriented development.Declaration: This article comes from Economic Daily. If copyright issues are involved, please contact us to delete.