The automotive chassis is one of the most important components of a car, including the running system, transmission system, and braking system. The running system primarily supports the weight of the car and withstands and transmits various forces acting on the wheels from the road surface. It mainly includes the frame, axles, and suspension system. The function of the suspension system is primarily to elastically connect the axles and frame, absorbing and mitigating the impacts and vibrations transmitted to the frame from wheel bounce caused by uneven road surfaces through components such as shock absorbers.
Currently, the automotive industry is developing in tandem with trends such as electrification, intelligentization, and connectivity. In addition to traditional gasoline vehicles, the proportion of new energy vehicles in the global automotive industry structure is gradually increasing, especially in the Chinese market. According to statistics from the China Association of Automobile Manufacturers, the average annual sales growth rate of my country's new energy vehicle market exceeded 36% from 2022 to 2024, and its market share exceeded 40% in 2024.
The development of new energy vehicles has not only driven the growth of the traditional chassis component market but also created new demands for components such as electronically controlled suspensions. Automotive chassis are gradually shifting towards intelligent and other emerging functions, and chassis with intelligent features will serve as a key platform for realizing autonomous driving, intelligent cockpits, and other advanced technologies, becoming a crucial direction for the next stage of the chassis market.
Currently, with intelligent vehicles becoming the preferred choice for more consumers, the automotive chassis market is poised for a significant upgrade. With more and more intelligent vehicle products entering the market, the automotive chassis market has substantial growth potential.
