China's installed capacity of electric drive systems for new energy passenger vehicles will reach a new high in 2024

According to NE Times's new energy passenger vehicle terminal data statistics, the installed capacity of electric drive systems for new energy passenger vehicles in China will reach 7.758 million sets in 2024, a year-on-year increase of 41.72%. The installed capacity of stators will reach 16.672 million, a year-on-year increase of 59.67%. The installed capacity of electronic controls will reach 12.448 million, a year-on-year increase of 49.73%. The installed capacity of OBCs will reach 10.49 million sets, a year-on-year increase of 48.75%. Despite the impressive shipment volume, the profit margin has declined, and efficient power systems have become the mainstream.