In contrast, in the first half of 2017, the revenue and profit of the domestic motor industry showed a dismal performance. According to the data, in the first half of 2017, Shanghai Electric Drives realized operating revenue of 20,876,770 yuan, net profit of -844.72 million yuan; Zhenghai Magnetics New Energy Automotive Motor Drive System operating revenue of 117 million yuan, a year-on-year decrease of 60.03%; Wolong Electric Net profit decreased by 9.33%.
Contrary to the current boom in the new energy automotive industry, the actual status of the new energy automotive electric control production company is not optimistic. In the first half of 2017, there was a trend of decline in revenue and net profit for the new energy vehicle motor segment. In addition, even if profits have not declined, the growth rate of some motor companies has not reached the previous expectations.
In the first half of 2017, the price of motor raw materials rose sharply, by 10%-50%. For example, the price of permanent magnets has risen by 50%. Such as silicon steel, copper and other material costs rose by 20% -30%, the amount of motor used for these materials is very large, so the price of the whole machine has a great impact. Coupled with the host plant will have a certain part of the supplier price reduction, so the motor company's performance in the first half of the year has declined. In addition, the production of new energy vehicles in the first half of 2017 was not as expected, and the average expenses did not decline.
From January to June 2017, the production and sales volume of China's new energy vehicles were 21,200 and 195,000, respectively, which represented a year-on-year increase of 19.70% and 14.40%, respectively. The growth rate slowed down significantly and did not reach market expectations. Judging from the vehicle data, the new energy vehicle industry has not reached the market's expectations and it has caused a significant impact on the production and sales of the upstream new energy vehicle powertrain system.
Based on the diversity of tastes in the global market and the increasing technical requirements for the development of car headlights, we have increased investment in technological innovation and product development, introduced new production equipment, and added production lines. We adhere to the business philosophy of win-win cooperation with customers and hope to maintain long-term cooperation and common development.
Mud flaps can effectively block the mud and sand particles that the car drives during driving, preventing mud and water from splashing onto the body and dirtying passengers' clothes when getting on and off the car door. In addition to the fenders behind the wheels, mudguards can to some extent help keep the rear of the car clean.
Do you want a helper to help your car block splashing mud when driving on muddy roads on rainy days? Then click below to browse our fender products, as we offer personalized customization services.
Related Suggestions: Mud Flaps, Customized Car Mud Flaps, Custom Mud Flap Guard, Car Custom Mud Guards, Toyota Hilux Mud Guards, Oem Mud Flaps Toyota Fj
Mud Flaps,Customized Car Mud Flaps,Custom Mud Flap Guard,Car Custom Mud Guards,Toyota Hilux Mud Guards,Oem Mud Flaps Toyota Fj
Danyang Hongwen Vehicle Industry Co., Ltd. , https://www.cn-hosc.com