New Energy Vehicle Production and Sale Double Rise China Zhongwang Continuous Distribution Automotive Aluminum Market

    Recently, according to data released by the China Auto Association, the production and sales of new energy vehicles in China reached 794,000 and 777,000 respectively in 2017, up 53.8% and 53.3% respectively from the same period last year. The continuing boom of new energy automobile market has brought a broad market space for automotive aluminium, which is the lightweight preferred material, and a new development opportunity for domestic high-end aluminium enterprises such as Zhongwang.

    Aluminum alloy materials have a series of characteristics and comparative advantages, such as low density, high strength, good heat dissipation and conductivity, excellent processing formability, corrosion resistance, mature technology and high recycling rate. Aluminum profiles, aluminium sheets, aluminium foil and aluminium alloy castings, and aluminium alloy forgings have become the focus of automotive parts, especially new energy automotive bodies, chassis, motors and batteries. Choose.

    As the world's leading research and development manufacturer of aluminium processing products, Zhongwang of China is optimistic about the development prospects of automotive aluminium, and has a long-standing layout in the new energy automotive market. In 2014, Zhongwang set up a product and process design team, and successfully developed new aluminum parts or car body for many customers in the field of transportation.

    At present, Zhongwang has launched technical cooperation with many manufacturers, such as Volvo, Chery, BYD, Great Wall Huaguan, Huachen Bus (Dalian) Co., Ltd., FAW Bus, Yutong, Huanghai Bus, Zhongzhi New Energy Bus, Xiamen Jinlu, Shenzhen Wuzhou Long Automobile Co., Ltd., to jointly develop new energy all-aluminium electric cars and buses. Among them, Zhongwang exclusively supplies all-aluminium body skeleton of Chery New Energy Pure Electric Vehicle S51 and aluminium body material of Great Wall Huaguan Pure Electric Sports Vehicle K50.

    With the continuous improvement of innovation ability in technology, R&D and product processing, Zhongwang has continuously launched high value-added aluminium processing products. For example, in the past, Zhongwang only provided aluminium extrusion materials for automobile manufacturers, and then could provide processed automobile parts. Now, Zhongwang is able to create deep-processing products such as automobile aluminium body frame and aluminium alloy stamping parts for customers, and provide a one-stop service from design to manufacture and processing for automobile enterprises.

    Zhongwang now has automotive parts, bus body skeleton and other products supply, which accelerates the research and development of all-aluminium vehicle products and related capacity building. "With the acceleration of lightweight process in the field of global environmental protection and transportation, and the continuous promotion of national policies, the new energy vehicle market ushered in a golden period of development, and the demand for automotive aluminium increased greatly. Zhongwang is very optimistic about the market prospects, and will further promote the progress of related projects and the development of new products."