In recent years, the new energy vehicle industry has been in a stage of rapid growth, continuously broadening the development space for electric drive systems of new energy vehicles and driving rising market demand for new energy electric drive systems. From the overall development trend of the market, the annual growth rate of the three-in-one electric drive system for domestic new energy passenger vehicles in 2024 will exceed 42%, and the demand for core components such as motors and controllers is continuously increasing. As a key component of new energy vehicle powertrains, technological innovation of electric drive systems is directly related to vehicle performance and the process of industrial upgrading.
The industrial development trend of new energy electric drive systems has also become one of the important discussion backdrops at the Smart Electric Vehicle Development Summit Forum.
In line with the development trend of the automotive industry, on April 11th - 12th, 2026, the China Intelligent Electric Vehicle Development High-level Forum was held in Beijing. This grand event focused on the long-term planning and layout of this industry, with the theme of promoting the intelligent, green, integrated and international development of new energy vehicles for this forum. Multiple specialized communication areas were set up at the forum site, and a special communication session on power systems was also held. Industry experts and enterprises gathered together to share new ideas and the future trends of the industry. During the stage of rapid development of electric drive power systems, the future development trend of the electric drive industry has gradually become the core topic discussed among industries.
As an enterprise focusing on the research of new energy vehicle power technology, our company has closely followed the entire progress of the forum. We mainly supply motor/generator controllers, IGBT power modules and other parts, and also provide permanent magnet synchronous motor solution design as well as customized development services for advanced electric drive assemblies. Discussions on intelligent and integrated development at the forum have made us more clearly recognize that high-integration electric drive systems will be the general trend in the future. Moving forward, we will keep up with the times and industry frontiers, continuously optimize the energy efficiency and reliability of our motors and controllers, and contribute our strength to the development of the new energy vehicle industry.
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