Adjust industrial layout, race new energy track

New energy vehicles are the general trend

Since the second half of 2020, the strong growth of domestic new energy vehicle sales has continued to this day. Among them, the domestic sales of new energy vehicles in 2021 reached 3.5 million units, up 165% year on year, far exceeding the market expectation of 2-2.2 million units at the beginning of 2021. In 2022, the strong growth momentum continued. From January to June, the year-on-year growth rate of sales declined to 45% in April due to the impact of the epidemic, and the year-on-year growth rate in other months remained above 100%. The cumulative sales volume in the first half of the year reached nearly 2 million, with a year-on-year growth of 117%.

Thus, the current domestic new energy automotive industry has passed its subsidies and policy driven stage, gradually improve the infrastructure and more intelligent than gasoline car comfortable driving experience and energy conservation, environmental protection, consumer perception of new energy vehicles and acceptance are further ascension, industry has entered a new stage of market driven.

Keep up with the development of The Times, adjust the production layout

From 1986 to 2019, Chaoyang company focused on the production and research and development of traditional auto parts. In 19 years, it entered the supply chain system of Xpeng Automobile, in 21 years, it entered the supply chain system of BAIC new energy, and in 2022, it entered the supply chain system of Vision Power. Its quality and service have been recognized continuously.

In the future, we will continue to optimize the industrial structure and enhance the development and production capacity of new energy accessories. Strive in the new energy track, from race to lead. New era, new journey, grow yourself, help the industry.