The second installment of this two-part series discusses makers’ efforts to keep up with environmental trends.
Responding to changing market requirements, Wenzhou in Zhejiang province continues to expand its automotive parts selection. Suppliers in the city are enhancing product performance and developing environment-friendly models.
In the wheel rim sector, makers are releasing more aluminum and aluminum alloy variants. Forged or cast, these are lighter than steel counterparts, helping reduce a vehicle’s fuel consumption.
Designs from Wenzhou are $20 to $400 per piece, with prices dictated mainly by the material and production method employed. Most low-end and midrange wheel rims have cast aluminum constructions, while upscale versions are typically forged.
For engines, suppliers are developing hybrid models and related parts. Encouraging this trend is the increased demand for hybrid cars, thanks in part to government incentives.
Several enterprises are also releasing more turbochargers, which help engines operate efficiently. Current types go for $90 to $800, depending on the materials and performance of the unit, and the vehicle for which it was designed.
Aiming for greater functionality, makers of automotive gauges are offering models that combine three or more instruments. Most products are for midpriced and high-end vehicles, with a small percentage intended for motorcycles.
Speedometers and odometers with ABS or PC housings are at least $1 per unit. Quotes for multifunction designs start at $12.
Wenzhou is also a key source of automotive filters, shock absorbers, pumps and plastic parts. Models from the city are generally priced lower than Guangdong counterparts.
Most products target the US and the EU. In coming months, many suppliers intend to explore South America, the Middle East and other emerging markets for business opportunities. A number are attending trade shows in these destinations in line with this effort.
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Note: This article "Wenzhou hub delivers eco-friendly, cost-effective vehicle parts" was originally
All price quotes in this report are in US dollars unless otherwise specified. FOB prices were provided by the companies interviewed only as reference prices at the time of interview and may have changed.
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