Future development space of new energy vehicle cable market
China [CN] The demand for automotive cables for new energy vehicles will reach around the standard value. The specific demand for high-voltage cables and data cables and the value of bicycles will vary greatly due to different vehicle products, and it is difficult to define specific data. Due to the difference in demand for high-voltage cables or low-voltage cables for new energy vehicles, there will still be a large market space for high-voltage cables or low-voltage cables in the future. Intelligent driving will add a lot of integrated systems to the car, and these systems will require more cables, such as various sensors, signal processing controls, connection parts of related modules, etc. Compared with low-voltage cables, in addition, the gross profit margin of vehicle cable products will increase exponentially. Of course, the specific data is based on actual reference.
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