Industry News
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Current Situation and Development Prospects of the Commercial Automotive Industry in 2023
1. Macro level: The commercial automotive industry has grown by 15%, with new energy and intelligence becoming the driving force for development. In 2023, the commercial automotive industry experienced a downturn in 2022 and faced opportunities for recovery growth. According to data from Shangpu...Read more -
Global Automotive Leaf Spring Market – Industry Trends and Forecast to 2028
Global Automotive Leaf Spring Market, By Spring Type (Parabolic Leaf Spring, Multi-Leaf Spring), Location Type (Front Suspension, Rear Suspension), Material Type (Metal Leaf Springs, Composite Leaf Springs), Manufacturing Process (Shot Peening, HP-RTM, Prepreg Layup, Others), Vehicle Type (Passen...Read more -
Truck makers pledge to comply with new California rules
Some of the nation’s largest truck makers on Thursday pledged to stop selling new gas-powered vehicles in California by the middle of the next decade, part of an agreement with state regulators aimed at preventing lawsuits that threatened to delay or block the state’s emission standar...Read more -
Developing Leaf Spring Suspension
Composite rear leaf spring promises more adaptability and less weight. Mention the term “leaf spring” and there’s a tendency to think of old-school muscle cars with unsophisticated, cart-sprung, solid-axle rear ends or, in motorcycle terms, prewar bikes with leaf spring front suspension. However...Read more -
What are the major trends in the Chinese Automotive Industry?
Connectivity, intelligence, electrification, and ride sharing are the new modernization trends of automobile which are expected to accelerate innovation and further disrupt the future of the industry. Despite ride sharing has been highly expected to grow in the past few years, it lags making brea...Read more -
What is the state of the Chinese Automotive Market?
As one of the world’s largest automotive markets, the Chinese automotive industry continues to show resilience and growth despite global challenges. Amidst factors such as the ongoing COVID-19 pandemic, chip shortages, and changing consumer preferences, the Chinese automotive market has man...Read more -
Market rebounds, as pandemic eases, post-holiday spending resumes
In a much-needed boost to the global economy, the market experienced a remarkable turnaround in February. Defying all expectations, it rebounded by 10% as the grip of the pandemic continued to loosen. With the easing of restrictions and the resumption of post-holiday consumer spending, this posit...Read more
