NEV Motor and Controller Industry to Gain an Upward Trend in Upcoming Years
Taking a wide view of manufacturers producing NEV motors, there are three types. The first is the manufacturers of traditional car and parts start to conduct R&D and production of NEV, the second is the manufacturer is motor manufacturers set foot in the special motors for NEVs and the third is the special electric motor manufacturers. In 2016, the output of NEV motors was about 16.83 million and the market scale was around RMB13.5 billion.
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