CICC believes that aluminum car panels have the advantages of light weight and corrosion resistance and have become a new competition track for new energy vehicle body panels; this track has a high degree of monopoly by European and American manufacturers, and domestic manufacturers are rapidly emerging.China’s aluminum automotive sheet industry is ushering in major development opportunities, and companies with first-mover advantages are expected to rise rapidly.The application of aluminum automotive sheets in China started late and the technology is relatively weak. However, with the rapid growth of China’s new energy vehicles, relevant domestic companies are also aiming at this new automotive lightweight track, and have deployed aluminum automotive sheet production capacity.As of the end of 2020, the domestic layout of automotive sheet production capacity is 94 tons, and it has become the second country in the global automotive sheet production capacity. Among them, Chinese local enterprises have a production capacity of 64 tons, accounting for 68%.
Link to this article：CICC: China's aluminum automotive sheet industry welcomes major development opportunities
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