With the vigorous development of new energy vehicles in recent years, the overall increase in global automobile production and sales. And the vehicle motor as an important part of the automation, intelligent implementation components, its application areas will only be increasingly large, its market environment is very optimistic. China as an automotive market also provides a natural advantage for the development of China's vehicle-mounted motors.
At the same time, China is promoting the adjustment and upgrading of China's automotive industry, encouraging the development and manufacture of high-quality, high-tech level of independent brand vehicles, and maintaining a greater support for new energy vehicles. In 2016, the State Council officially released the "Thirteenth Five-Year Plan for the Development of Strategic Emerging Industries", which once again clarified the status of new energy vehicles. 25 April 2017, the "Medium and Long-term Development Plan for the Automotive Industry" was released, aiming to implement the strategic deployment of building a strong manufacturing country and promote the construction of a strong automotive country.
The market and various regions have given encouragement and support to new energy vehicles and electric drive systems. The development of electric motor tends to be miniaturization, high efficiency, energy saving and precision, and Jinminjiang, as a high-quality integrated solution supplier of complete sets of equipment in the industry, will also ride on the tide of the development of the times and move forward with determination.