In June 2022, the domestic new energy vehicle market has returned to the rising channel before the epidemic, and the delivery volume of many car companies has reached a record high. Among the new car-making forces, Xiaopeng delivered 15,295 units in June, a year-on-year increase of 133%; Nezha Auto delivered 13,157 units in June, a year-on-year increase of 156%. In addition, the delivery volume of Ideal and Weilai increased by more than 60% year-on-year. Among traditional car companies, BYD sold 134,036 new energy vehicles in June, a year-on-year increase of 224%; GAC Aian sold 24,109 units in June, a year-on-year increase of 182%.
In the second half of the year, especially in the upcoming July and August, many new models will be released or delivered, and the sales of new energy vehicles will continue to grow rapidly. The market generally believes that the annual sales of more than 5.5 million vehicles will be achieved. Under the background of the continuous increase in the penetration rate of new energy vehicles, the continuous upgrading of ADAS and the increasingly rich application of smart cockpits, the consumption of bicycle PCBs is increasing. The value of the PCB of a bicycle has also surged from RMB 400 for traditional fuel vehicles to RMB 2,000-3,000 for smart electric vehicles.
Since the beginning of this year, the automotive PCB market has continued to improve, and many PCB manufacturers have increased their investment and layout in the new energy vehicle market. Driven by the outbreak of the new energy vehicle market, and with the background of falling costs, the demand for automotive PCBs is expected to usher in break out. Industry insiders said, “The electrification, intelligence, and networking of new energy vehicles have increased the use of chips, which directly drives the use of PCBs in a single vehicle. The PCB market for new energy vehicles will definitely continue to grow, and it is simply predicted that this year will increase year-on-year. 10% is still there.” According to Zosi Automotive Research, driven by ADAS upgrades and the increase in the penetration rate of new energy vehicles, the global new energy vehicle PCB market is expected to reach US$12 billion by 2026.
