Rapid increase in the scale of auto parts

On September 27, 2010, according to the report of the Eleventh China International Electromechanical Products Expo, the scale of China's Auto Parts market has increased from 170 billion yuan in 2000 to 1 trillion yuan, and will reach 1.4 trillion yuan in 2010, a rapid increase.

Experts believe that 1.4 trillion yuan of data are reserved. Judging from the output of vehicles, China will surpass 17 million vehicles in 2010 and will maintain rapid growth in the next few years. The great leap in China's auto industry that began in 2007 actually indicates that the industry will be an industry that will have great opportunities in the next 10 years. Related auto parts will also be the focus of investment. From the auto parts industry, automotive lithium batteries are areas that should be of long-term concern in the future.