In the past five years, not only the number of domestic auto parts enterprises is amazing, but also the progress is gratifying. The number of the world's top 100 auto parts companies has grown from 1 to 8 in 5 years. It can be considered that the rapid development of the domestic auto parts industry is reversing the situation that domestic auto parts have lagged behind the development of complete vehicles for a long time, and the entire industrial structure is also It is becoming more reasonable.

New energy auto parts

When the development of new energy vehicles has become the general trend, the field of new energy auto parts is becoming a "new continent" to attract investment ".

Recently, not only the domestic listed company Yonggui Electric Appliances has been favored by investors for signing a contract to provide new energy auto parts for Honda in Japan; there is also an agreement for Denso to invest in the construction of a new energy auto parts factory in Guangzhou, and the new energy auto parts production line invested by Volkswagen Automatic Transmission (Tianjin) Company has officially put into production ...... "Whether it is industrial adjustment or attracting investment, this will help improve the innovation and competitiveness of new energy vehicles, including the parts industry, accelerate the conversion of new and old kinetic energy, and accelerate industrial transformation and upgrading." Fu Yuwu, honorary chairman of the Chinese Society of Automotive Engineering, said in an interview with a reporter from China Automobile News during the 2019 World New Energy Vehicle Conference.

Independent brands attract investment

On July 1, due to the previous disclosure of a new energy auto parts supply contract with Japan's Honda, Yonggui Electric's share price rose to 10.20 yuan for several consecutive days, setting a new high in several months, demonstrating its attractiveness to stock market funds.

According to the announcement of Yonggui Electric, its wholly-owned subsidiary Sichuan Yonggui Technology Co., Ltd. (hereinafter referred to as "Yonggui Technology") and Japan Honda Technology Research Technology (China) Co., Ltd. (hereinafter referred to as "Japan Honda") signed the "Basic Transaction Contract", Yonggui Technology officially became a qualified supplier of Japan Honda, and its main supply scope is new energy vehicle related parts. It is understood that Yonggui Technology can provide overall solutions for high-voltage and high-current interconnection systems in the field of new energy vehicles. It has a wealth of electrical connector professional technology, expert teams and management teams. It is in the forefront of the domestic market segments. It has become the supplier of major domestic new energy vehicle manufacturers such as BAIC, Geely, Dongfeng, BYD, Chery, and Great Wall. "The signing of the supply contract with Honda of Japan this time will play a positive role in the development of Yonggui Technology's new energy auto parts business." Yonggui electrical appliances related responsible person said.

Domestic new energy auto parts companies are building brands, working hard, and enhancing market competitiveness, and are becoming a new destination for investment.

Not long ago, BYD announced that it would open up and share new energy vehicle e-platform technology to the whole industry, which attracted the attention of Charlie Munger, a legend in the American investment community. The e-platform has two models, namely, electric drive three-in-one and high-voltage charging and distribution three-in-one. Among them, the electric drive three-in-one is highly integrated by the motor, the motor controller and the reducer. It reduces the complex mechanical structure and connection relationship, realizes lightweight design, compact structure, low cost, and high assembly transmission efficiency, which is conducive to reducing the energy consumption of the whole vehicle. It has the product characteristics of high speed, high efficiency, high integration, high performance, high safety, etc. After system integration, the product volume is reduced by 30%, the weight is reduced by 25%, and the driving mileage efficiency under standard working conditions is increased by 1%. Based on the same technology, a five-platform drive three-in-one product has been developed, covering almost all the needs of electric cars for dynamic acceleration and climbing.

The high-voltage charging and distribution three-in-one adopts power electronics integration technology to highly integrate the DC-DC, charger and distribution box of the high-voltage system. The world's first deep integration architecture is used instead of the physical integration architecture, which greatly reduces the size, weight and failure rate of the product, while maintaining high system efficiency. To achieve "lightweight, miniaturization, integration and low cost". After system integration: volume reduction 40%, weight reduction 25%. The birth of e-platform technology has made the development of pure electric vehicles faster, stronger performance, better quality, and lower cost. It has found a shortcut to solve the problems of lightweight and spatial layout of pure electric vehicles, which will bring consumers Longer driving, lower energy consumption, safe and reliable, and rich choices of pure electric vehicles. "Focusing resources on the development of core components such as Sandian will also help maintain its core competitiveness and reduce the problem of heavy assets caused by verticalization." The relevant person in charge of BYD said that because of this, it maintains a leading position in the technology of core components of new energy vehicles.

Power batteries, motors, and electronic controls have always been the core components of new energy vehicles. In recent years, under the focus and promotion of funds and resources, the production number of domestic independent brand new energy vehicle power batteries has rapidly jumped to the forefront of the world, and the Ningde era, which has been established for only eight years, has come to the top. It has become one of the enterprises with large market share and strong innovation strength in this respect. Its recently released performance forecast for the first half of 2019 stated that its net profit in the first half of this year was as high as 2.277 billion billion yuan, a year-on-year increase of 150. Such achievements are not easy to come by. Under the background that the auto market has not yet come out of the cold winter, Ningde era has strengthened market development, increased investment to drive the release of production capacity, and effectively promoted the improvement of production and sales. At the same time, the high growth is also inseparable from the rapid development of the domestic new energy vehicle industry brought about by the soaring demand for power battery market. At present, the strength of Ningde era is also second to none among its peers. Ningde era and its subsidiaries have nearly 1000 domestic and foreign patents and dozens of overseas patents in related materials, battery cell design, battery pack, battery pack, energy storage system and other fields.

At present, a new round of scientific and technological revolution and industrial transformation are accelerating, and the evolution of the "new four modernizations" (networking, electrification, intelligence, and sharing) of automobiles is accelerating. What is brought about is that the ecology of the automobile industry will face reconstruction. New energy vehicles are increasingly showing a more and more important role. For the auto parts industry, with the development of electrification technology, the original auto parts are replaced by "three electric" systems, which brings about deep changes in the industry.

"For domestic parts companies, one of the challenges in the future is whether they have enough strength to cooperate with the world's leading vehicle companies on new technologies." Zhong Shi, an auto industry analyst, told China Auto News that this has also become a key factor in attracting investment. Different from the new energy auto parts in other countries and regions, the current domestic related parts, especially power batteries, are highly concentrated, and a pattern of competition between Chinese and foreign brands has been formed, such as Ningde Times, Panasonic, LG, etc. The shipments of leading power battery manufacturers are relatively large. The latest data show that in May 2019, Ningde era won the first place in China with 2.38GWh, accounting for 41.96 percent of the domestic market. At the same time, the "going out" road of Ningde era also includes capital "going out". Ningde era has invested in the establishment of power battery production base in Germany, and plans to provide new energy auto parts for BMW, Volkswagen, Daimler, Jaguar Land Rover, Peugeot Citroen Group (PSA) and other well-known automobile enterprises.

Recently, the layout of new energy auto parts has become a major focus of its development. On July 16, the relevant person in charge of Huayu Automobile stated that the company is actively improving the layout of core components in the field of new energy vehicles. At present, there are already electric drive systems, drive motors and controllers, electric steering gears, electric air-conditioning compressors, and electronic components. Parts and components including brake system, electronically controlled torque manager, advanced electronic pump, battery management system, etc., can meet the supporting supply needs of new energy vehicle customers.

New energy auto parts companies that are also favored by funds in the Ningde era are Junsheng Electronics, a manufacturer of advanced driver assistance systems (ADAS), whose good performance has attracted the attention of stock market funds. Joyson Electronics reported a net profit of 0.278 billion billion yuan in the first quarter of 2019, up 796.77 percent year-on-year, following a 233 percent increase in net profit in 2018. Joyson Electronics has accelerated its transformation on the road of "new four modernizations" of automobiles. From the automotive interiors in previous years, it has gradually increased its investment in research and development. So far, it has formed intelligent driving, vehicle networking and new energy vehicle battery management system (BMS), Driver Monitoring System (DMS), etc, there are also cutting-edge technology products related to intelligent driving, such as three-dimensional in-car driver monitoring system, steering wheel vital signs perception system, active steering wheel, steering wheel intelligent sensing technology, steering wheel three-dimensional multi-function switch, etc., through hardware perception and software, algorithm planning, improve the safety factor of people in the car.

Objectively speaking, from the perspective of the global automobile industry, on the one hand, international trade frictions have had a certain impact on the export of my country, a major auto parts country; on the other hand, the auto market sales in many countries and regions have declined, and the pressure has also been transmitted to traditional fuel vehicles. Parts suppliers; coupled with the lack of technological leadership in domestic traditional parts companies, the superposition of these factors has brought more obvious pressure to domestic traditional auto parts companies, the new energy auto parts is a "blue ocean" to be explored, and it is a place of hope for the parts industry to "vacate cages for birds" and transform and upgrade. The industry also believes that independent brands of new energy auto parts with core technologies in subdivisions such as electrification and intelligent driving, such as Ningde Times and Junsheng Electronics, are the "benchmarks" for transformation and development ".

Foreign capital influx intensifies competition

In 2018, the number of new energy vehicles sold in my country accounted for more than half of the world, and it has maintained the first sales volume for four consecutive years, becoming a veritable new energy vehicle country. This is also attracting foreign capital and technology competition.

Recently, the new model of new energy vehicle power motor and other parts invested by Volkswagen were put into production in Volkswagen automatic transmission (Tianjin) company located in Tianjin Development Zone. The reporter learned that the two new products are APP290 power motor and DQ400e hybrid transmission. With the production of new energy auto parts, Volkswagen Tianjin will continue to invest in a new automatic transmission production plant. Volkswagen's plan is that the Tianjin plant will produce new energy vehicle products for Volkswagen's modular electric platform MEB in the future. "By 2028, Volkswagen plans to deliver 22 million pure electric vehicles worldwide, more than half of which will be manufactured in China." Frank Engel, executive vice president of Volkswagen Group (China), said, "In 2020, we plan to deliver 400000 new energy vehicles in China. By 2025, this number will increase to 1.5 million. The Tianjin automatic transmission plant will play a key role in this."

It is understood that on July 16, 2012, Volkswagen Automatic Transmission (Tianjin) Company invested and established in Tianjin Development Zone. From the initial investment of 5 billion yuan, it has now invested nearly 18.7 billion yuan. The company's product line has also expanded from the original DQ380 dual clutch automatic transmission to DQ500, DL382, DQ381 and DQ400e, and the company's employees have expanded from several hundred to nearly 5000. The production of APP290 power motor and DQ400e new energy vehicle parts marks the further strengthening of Volkswagen's electric development strategy.

Compared with the public, the Japanese Denso also attaches great importance to the Chinese market, the speed of investment is also accelerating. According to the agreement signed between Denso and Guangzhou, Denso (Guangzhou Nansha) Company will invest no less than 2 billion yuan in two phases to build a new Denso South China plant with a land scale of about 100000 square meters, and lay out new energy vehicle related industries in advance. The project started in June.

Denso Corporation is a world-renowned supplier of auto parts and systems. Denso (Guangzhou Nansha) Company was established in July 2004 and is a wholly-owned subsidiary of Japanese Denso in China. According to the agreement signed this time, the new South China Denso factory mainly focuses on the construction of auto parts production plant, quality testing center, storage and logistics center, parking lot and supporting administrative office area, etc., to produce new energy vehicle on-board computers and other automotive electronic parts products, which are expected to be put into production in 2021 and mass production in 2022. "For manufacturing companies, the industry chain is very important. Guangzhou has complete vehicles, especially new energy vehicle manufacturers, so plans to introduce models and new technologies can also be quickly landed." Yixiao Kajita, chairman of Denso (China) Investment Co., Ltd., said that the construction of the Guangdong-Hong Kong-Macao Greater Bay Area will further expand the circle of friends of Denso, greatly increase the opportunities for partners and lower-level suppliers, and will also gather local auto companies. And industrial development creates a favorable environment. After the project is put into production, the production capacity can be further expanded on the original products, while focusing on the design of new products for the development of new energy vehicles and intelligent connected vehicles.

As the world giant of auto parts, Bosch Group is also investing more and more in China. Up to now, Bosch has nearly 60 companies in China, about 60000 employees, 38 production bases and 27 technical centers. In 2018, the Chinese market contributed 18% of Bosch Group's sales, reaching RMB 112.6 billion. In that year, Bosch also invested 7.8 billion yuan in China. At present, Bosch's 48V batteries, bridges and other components involved in new energy vehicles have been put into production in China. Entering 2019, Bosch is setting up a fuel cell technology center in Wuxi, and will focus on new energy vehicles, automatic driving and intelligent network connection as the direction of future efforts. Bosch will also expand the Wujin factory in Changzhou, which will mainly produce ultrasonic radar in the future.

Bosch's product line is relatively rich, including new energy automotive parts advantages. Such as the world's leading microelectromechanical sensors (MEMS), which are not only an important part of the Internet of Things, but also a key component of automotive safety and advanced driver assistance systems. Last year, Bosch sold 48 million MEMS sensors in the Chinese market alone. Bosch is investing in the further development of a new generation of sensors, which will be more intelligent and will take on some of the computing power to speed up the car's reaction time. In addition to hardware, Bosch is also increasing its capital in software. A new Bosch software center will be established within this year. It is estimated that the initial investment of the center will exceed RMB 35 million by 2020. The center will provide software support for all Bosch China business segments, including embedded software, cloud-based digital software, and artificial intelligence-based applications.

Moreover, in recent years, Bosch has paid special attention to energy conservation and emission reduction and the development of new energy auto parts. And has been increasing investment in research and development, of course, it is also reflected in the products in the Chinese market, such as Bosch's development and production of innovative technologies for new energy vehicles, intelligent connected vehicles, and related parts. "Despite the recent downward pressure on the economy, China's huge economic scale, further opening of the market, and industrial innovation, development, transformation and upgrading all mean huge potential for Bosch." Bosch Group board member, Asia Pacific business head Terry said.

"It is the huge potential of the Chinese market that attracts the continuous influx of funds, and objectively promotes the development and growth of the new energy auto parts industry." Zhong Shi said.

Facing the challenge to speed up

In the face of the current situation, the domestic new energy auto parts industry not only presents the "new four" trends of electrification, intelligence, networking, and sharing, but also low-carbon, international, and lightweight in the field of parts and components. The characteristics of the "three transformations. To meet the needs of energy conservation and emission reduction, the development of new energy vehicles and their parts has brought major challenges to the entire domestic automobile industry. At the same time, low-carbon has also promoted the diversified development of energy in the domestic automobile industry. The three technical routes of pure electric drive, hybrid power and hydrogen fuel cell are developing in parallel.

"The arrival of new energy auto parts and various funds will stimulate the development of the domestic industrial chain, force independent brands and domestic parts companies to upgrade their product technology, and achieve innovative development." Cui Dongshu, secretary-general of the National passenger car Market Information Association, said that this is not only conducive to industry competition and building a stronger industrial chain system, but also conducive to independent brands to reduce costs and obtain better parts resources.

In recent years, China has been vigorously supporting investment in new energy vehicles and their parts industry. In December 2018, the National Development and Reform Commission issued the regulations on Investment Management of the Automobile Industry, which proposed to strengthen the guidance of the investment direction of the automobile industry, optimize the production capacity layout of new energy vehicles, and encourage investment in key parts and components of new energy vehicles, such as vehicle power batteries, fuel cells, and so on.

In the face of challenges from the market, the injection of funds has added impetus to the upward development of new energy auto parts of independent brands.

"At the time of industrial change, if you have advanced awareness and actions, it is possible to overtake on corners." In Fu Yuwu's view, China's new energy auto parts are expected to stand in the first camp in the world. Moreover, China's new energy auto parts head enterprises are gradually forming a cumulative technical and financial advantages.

The upward trend of independent brands is becoming a new trend. Nowadays, a number of emerging enterprises are emerging in the field of intelligent network connection, vehicle radar, camera, sensor, vehicle chip and other parts of new energy vehicles. "China's new energy auto parts enterprises should seize this historical period of strategic opportunities, speed up the layout, and focus on key breakthroughs in core technologies." Fu Yuwu put forward some suggestions on the transformation and development of China's new energy auto parts enterprises. First of all, relevant companies must change their thinking, from material parts suppliers to technology solution providers, and outstanding entrepreneurs must become technology thinkers. Secondly, technological innovation and products are the core competitiveness, such as Mexico, Brazil and other countries of the new energy components products can do 100 percent inspection-free, domestic similar products why not? The facts show that our quality stability, consistency and there is still a lot of room for improvement, so, for independent brands, improving the quality of parts production is the core key to improve competitiveness. Third: to achieve coordinated development through cross-border cooperation and industry-university-research cooperation. Under realistic conditions, only industry-university-research cooperation can support the transformation and upgrading of Chinese parts and components enterprises and accelerate their development.

Data show that at present, there are more than 100000 auto parts enterprises in China. Among them, the number of enterprises with sales revenue of more than 20 million yuan has reached 13000, which has played an important role in the development of China's automobile industry. In the past five years, not only the number of domestic auto parts enterprises is amazing, but also the progress is gratifying. The number of the world's top 100 auto parts companies has grown from 1 to 8 in 5 years. It can be considered that the rapid development of the domestic auto parts industry is reversing the situation that domestic auto parts have lagged behind the development of complete vehicles for a long time, and the entire industrial structure is also It is becoming more reasonable.

"New energy vehicles and their parts enterprises are ushering in new opportunities, and the upward trend of independent brands is also a major trend. The agglomeration of resources and the improvement of the environment will bring better prospects and greater development space for the development of China's automobile industry." Fu Yuwu thinks.