Analysis of the competitive landscape in the field of thermal management of new energy vehicles

Manufacturers in the field of thermal management of new energy vehicles are mainly divided into two camps: international giants and parts suppliers. International giants mainly come from the extension of traditional vehicle thermal management business, such as Denso and Valeo, while parts suppliers seize new opportunities in new energy vehicle parts through business upgrades, such as Sanhua Intelligent Control and Yinlun Shares.