Auto parts companies involved in vehicle manufacturing

Recently, the Industrial Policy Department of the Ministry of Industry and Information Technology released the 254th batch of "Vehicle Production Enterprises and Products Announcement", and Wanxiang Group's subsidiary Wanxiang Electric Vehicle Co., Ltd. will obtain special vehicle production qualifications. Wanxiang Group was not the first to invest in the manufacture of parts and components of the vehicle. Prior to this, Ningbo Huaxiang and Weichai Power had all made similar attempts.

Compared with the prestigious OEMs, even the top-ranked component companies in their own fields are not the same as the prestige and the degree of attention between them. Therefore, entering the vehicle manufacturing industry has become a number of zero. The company’s appeal. It is no longer a secret that Weichai wants to enter the vehicle industry. In 2009, Weichai Power acquired an 80% stake in Chongqing Jialing Chuanjiang Company. With the passenger vehicle production license of Jiachuan Company, we had access to the passenger car industry. Stepping on the door." Weichai Power is currently one of the most comprehensive parts and diesel engine manufacturing groups in China with comprehensive strength. It mainly produces commercial vehicle engines , and it is the leader in the domestic parts and components industry. The Jialing River Passenger Vehicle project will be officially implemented at the end of 2013, and Weichai will also formally enter the passenger vehicle market. It is a long-cherished wish of Lu Guanqiu for many years to get involved in vehicle manufacturing (the field of passenger cars). However, unlike the development of Weichai in traditional internal combustion engine vehicles, the information disclosed so far indicates that Wanxiang Group has chosen to break through new energy vehicles.

Following the completion of the acquisition of A123, the leading American lithium battery company, at the beginning of the year, it was reported recently that Wanxiang Group will once again attempt to join the American sports car manufacturer VL to acquire the American luxury electric car brand Fisker in the bankruptcy crisis. After the acquisition, Wanxiang Group will open up a complete industrial chain of new energy vehicles and formally step into the ranks of vehicle manufacturing.

Both Wanxiang Group and Weichai are leaders in their respective industries in the domestic parts and components industry. Their dream of entering the vehicle manufacturing industry has begun to be put into practical action. In this regard, the industry's views are mixed. Some people expressed concern based on the current competition situation in the passenger car market and the status quo of the development of self-owned brand car companies. Some people think that companies like Wan Xiang and Weichai who are part-manufacturers have more The core technology, involved in vehicle manufacturing in this capacity or will bring a new idea for the progress of China's automotive technology. At present, it seems that it is difficult for parts and components companies to get involved in the prospect of complete vehicle manufacturing. The actual effect geometry can only be left to the test of time.

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