At present, ordinary automobiles mainly use fossil fuels as their power source, which not only consumes a lot of petroleum resources but is also one of the main culprits of greenhouse gas emissions. In order to cope with the global trend of energy-saving and carbon reduction, many countries have adopted vehicle electrification as an important greenhouse gas reduction measure.

Disruptive technology is overturning the digital transformation of the automotive supply chain. The recent COVID-19 epidemic has hit the global auto market. The demand for transformation within the industry has increased. The integration of technology applications and electric vehicles will become the future development trend.

China's component industry is developing rapidly and the domestic demand market is huge, but overall, there are still problems to be solved. To improve the innovation of China's auto parts industry, the technical added value of products, the direction and investment of scientific proportion R & D, the coordination of zero-zero relationships, and the standardization of market operations are all important issues that companies need to jointly solve.