In-depth analysis of the current situation of China's new energy automobile motor electronic control market in 2018
As an alternative to the traditional engine (transmission) function, the new energy vehicle motor and electronic control system directly determines the main performance indicators such as the climbing, acceleration and maximum speed of the electric vehicle. The technical and manufacturing level of the motor electronic control system directly affects The performance and cost of the vehicle. With the emphasis on environmental protection in China, the new energy automobile industry has broad prospects, which will bring development space for motor electronic control in the three major parts of new energy vehicles.
Drive motor electronic control installed capacity increased rapidly
Under the rapid growth of new energy vehicle production and sales, China's new energy (600617) automotive motor electronically controlled installed market also showed a rapid growth trend. In 2017, China's new energy vehicle motor and electronic control installed capacity reached 874,200 units, an increase of 55.7%. From January to March 2018, the installed capacity of new energy vehicle motors and electronic control units was 155,100 units.
Permanent magnet synchronous motor is still the mainstream of installation
At present, the motors used in new energy vehicles are permanent magnet synchronous motors, AC asynchronous motors and other motors. From the perspective of the motor type market structure, mainly permanent magnet synchronous motors, in 2017, the installed capacity of permanent magnet synchronous motors in the field of new energy vehicles reached 685,100 units, accounting for more than 78%; the installed capacity of AC asynchronous motors was nearly 190,000 units. Than 21.4%.
BYD motor electronic control installed capacity is leading
According to the specific manufacturers, according to the order of motor and electronic control installed in March 2017-2018, the installed capacity of the first 10 manufacturers is more than 20,000, and the installed capacity of electronic control is more than 10,000. Among them, BYD (002594) ranked first in terms of motor installed capacity and electronically controlled installed capacity, with installed capacity of 178,300 units and 187,700 units respectively; and Beiqi New Energy with motor and electronic control installed capacity exceeding 100,000 units. Its motor and electronic control installed capacity is 126,300 units, ranking second. In addition, Anhui Juyi, Jiangling New Energy, UAES, Changan Automobile (000625) and other electrical and electronic control installed capacity are in the 3-4 million echelon.
The competition pattern of motor electronic control market has not been clarified
From the perspective of the supporting supply of the new energy vehicle motor electronic control market, the vehicle manufacturer BYD Motor mainly supplies two car companies: BYD and Beijing Hualin Special Vehicles, and the electronic control is produced by itself; while the motor of Beiqi New Energy is also mainly supplied to this. Enterprise and electronic control are provided by Jingjin and Ocean. Similar to the new energy vehicle motor and power system providers such as Jingjin Electric, the service companies include Anyuan Bus, Dandong Huanghai, Dongfeng, Ankai, Great Wall, Geely, Guangzhou Automobile, Bailujia and other enterprises.
On the whole, the main players in the electronic control market of new energy vehicles can be roughly divided into two categories. One is traditional vehicle companies with self-production capability or associated supply chain, such as BYD, BAIC, Xiamen Jinlong, etc.; The class is a supplier specializing in automotive parts or motor electronic control products. Specifically, it can be divided into professional auto parts suppliers (Bosch, China, etc.), professional motor electric control manufacturers (Shanghai Electric Drive, Shanghai Dajun) Etc.) and traditional motor and inverter manufacturers (Huichuan Technology (300124), Yingweiteng (002334), etc.). At present, the leading passenger car and bus vehicle enterprises tend to self-distribute electrical control, and the third-party enterprises currently have obvious advantages in the field of small and medium-sized passenger cars and special vehicles, but the penetration rate in the passenger car field is relatively low.
Since the electric control industry of new energy vehicles is basically started simultaneously with the domestic electric vehicle market, the relevant industry standards and systems have not yet been formed, and OEMs and third-party suppliers each occupy a favorable position, and the market competition pattern has not yet been clarified.
