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On 4 August, Ningbo Hengshuai Co., Ltd. cited a report on the automotive micro motor market published by QYResearch.


 汽车微电机 
The average number of micro motors used per vehicle in mid-to-high-end new energy vehicles is significantly higher than in petrol vehicles. According to QYResearch forecasts, the global automotive micro motor market size is expected to reach 20.4 billion US dollars by 2031.

Source: Sina Finance
More: http://stock.finance.sina.com.cn/stock/go.php/vReport_Show/kind/search/rptid/807627901740/index.phtml

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