Electrification Wave Sweeps Across Industry, Traditional Parts Giants Accelerate Transformation to Survive
Category: Company News
As the global automotive industry irreversibly marches towards electrification, traditional auto parts suppliers are facing unprecedented pressure and opportunities for transformation. Giants that once relied on internal combustion engine core technologies, such as Bosch and Continental, are drastically restructuring their businesses.
Bosch has announced investments of tens of billions of euros in the research and development of electric drive systems, power semiconductors, and fuel cell technology. Its developed e-axle, which highly integrates the motor, power electronics, and gearbox, has become a core component for many mainstream EV brands. Meanwhile, Continental has spun off its powertrain division as "Vitesco Technologies," focusing on the field of electric mobility while gradually reducing investment in internal combustion engine components.
Industry analysts point out that this transformation is not easy. It requires massive capital expenditure, top-tier R&D capabilities, and the courage to make tough decisions. For small and medium-sized suppliers, failure to keep pace with technological iteration poses a risk of being淘汰 from the market. Electrification is not only changing how vehicles are powered but also reshaping the competitive landscape and supply chain ecology of the entire parts industry. In the future, companies that master core technologies such as power electronics, battery management, and thermal management systems will become the leaders on the new track.
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