Trends in the Global Auto Parts Market: New Energy and Lightweighting

In 2024, China's auto parts exports exceeded USD 100 billion, with rapid growth for five consecutive years, and core categories such as tires, wheels and batteries accounted for more than 45% of the global market share. With the rising penetration rate of new energy vehicles (China's ownership of more than 31.4 million vehicles) and carbon neutral target to promote, the global market shows three major trends:

1.Demand for new energy parts explodes: the market size of the three electric systems (battery, motor, electronic control) reaches 280 billion dollars. Camel battery launched AUTOPOWER City Pioneer Edition, with high energy density and intelligent charging technology, to meet the needs of new energy models, covering 110,000 service outlets around the world, and providing “28-minute high-speed response” service.

2.Accelerating the lightweight material revolution: The global lightweight material market has reached 120 billion US dollars, with aluminum wheels and carbon fiber bodies becoming mainstream. 
        
        Sanmenxia Daika wheel with an annual production capacity of 5 million for Ford, Toyota and other international brands supply, its intelligent production line to achieve production cost reduction of 33%, defective rate down 20.9%, exports to Europe, America and Southeast Asia market growth rate of more than 160%. 
        
        Shaanxi Yanchang Tire through self-healing technology, ultra-low rolling resistance design, supporting BYD, Audi and other high-end models, to seize the market share of new energy tires.

Policy dividends and market opportunities: after-market services and green transformation in focus

1.Policy empowerment: China's “trade-in” policy extends to 2025, and the replacement subsidy for new energy vehicles is up to 20,000 RMB, driving the demand for tires, batteries and other accessories to surge. EU R155 and U.S. FMVSS certificates promote technological upgrading of enterprises; Sanmenxia Daika wheels have entered the North American market through UL certification; Camel batteries are adapted to international environmental standards, reducing carbon emissions by 60%.

2.The rise of after-market services: battery recycling, intelligent diagnostics and other emerging business growth is remarkable, Camel battery launched “exclusive extended warranty + recycling services”.

Advantages of our Taike Supply Chain:

1.Precise product selection: Focus on your needs, such as new energy tires, automobiles and accessories, lightweight wheels, batteries, etc. If you need it, we will supply it.

2.Supply Chain Integration: Relying on high quality factories in China, we integrate the resources of high quality factories, such as Dicar Wheel, Extension Tire, etc., to provide one-stop solution.

3.Logistics saving: With more than 20 years of experience in logistics and transportation management, we have a full understanding of the market segments of each route, a wide range of contacts, and a network of high-quality global agents, we are able to provide diversified logistics solutions.

If you have sourcing needs in China and want to get better factory resources and logistics, please
        
         contact us and we will provide you with customized global auto parts solutions. 