China EV Tire Market 2024-2030

    In Stock

    CHINA EV TIRE MARKET

     

    INTRODUCTION OF CHINA EV TIRE MARKET

     

    Electric cars require special tires for a variety of reasons, their tires must handle more weight compared to internal combustion vehicles and deliver more torque to the road when moving away from a stop. Because of their near-silent powertrains, tire noise is also more noticeable in electric cars than internal-combustion vehicles, where it is partially masked by engine noise.

     

    China is the world’s greatest carbon dioxide emitter, the Chinese government has implemented a number of measures to cut emissions, one of which is the promotion of electric vehicles. The Country has been aiming to provide a critical juncture of implementation and enhancement of the current EV scenario in China, covering the EV Tires, EV charging infrastructure, battery performance, and policies.

     

    infographic: China EV Tire Market , China EV Tire Market Size, China EV Tire Market Trends, China EV Tire Market Forecast, China EV Tire Market Risks, China EV Tire Market Report, China EV Tire Market Share

     

    Hybrid and electric vehicles with low emissions may benefit from specially developed tyres that are tailored for driving conditions characteristic of such vehicles. Low Emission Vehicles, particularly passenger automobiles, have the potential to replace conventional vehicles in all applications in the future; nevertheless, for the time being, they are primarily employed in urban and suburban regions.

     

     

    CHINA EV TIRE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Nexen Tire to supply OE tires for the EV6, Kia’s first pure electric vehicle Nexen Tire’s ROADIAN GTX EV and N’FERA Sport EVs will be fitted to the EV6, Kia’s first electric vehicle model that is based on Hyundai Motor Group’s Electric Global Modular Platform (E-GMP). China This would enhance better EV Adoption and better tire technologies harnessing.
    2 Hankook Tire supplies tires for Chinese EV maker Hankook Tire has provided the high-performance Ventus S1 evo 2 tires for NIO’s ES6 and EC6 SUV models since 2020 and has renewed itself as one of the top suppliers in the Chinese market. China This would help in better presence and social responsibility on increased levels of requirements

     

    CHINA EV TIRE MARKET DYNAMICS

    Road traffic transportation has a major negative impact on the environment in all developed countries. Of special concern is the emission of greenhouse gases such as CO2 and road traffic noise. Although presently the vehicles using internal combustion engines vastly dominate traffic in all countries, the prognoses predict intensive development of alternative designs, i.e. hybrid (HV) and electric (EV) vehicles

     

    With the advent of electric vehicles and their significant lower propulsion noise emission it is possible to assess the tyre-road noise through cruise-by measurements with an increased accuracy, even at speeds where a combustion engine propulsion system would usually disturb the measurement results.

     

    Despite the fact that many domestic businesses have developed electric cars, there is still a long way to go from research to mass manufacturing, which necessitates a significant amount of technical research and development. However, China remains relatively poor in this field of engineering, and the government must expand investment in this sector.

     

    When focus is placed upon the EV Tires manufacturing line of production, China has been recently establishing itself with major company collaborations to have better levels of production capabilities maintained in terms of EV Tires. In the most recent market developments,  Hankook Tire & Technology Co., the world’s sixth largest tire maker by sales, said Thursday it recently began supplying tires for Volkswagen’s all-electric ID.4 SUV. Alongside the same lines, Hankook Tire has provided the high-performance Ventus S1 evo 2 tires for NIO’s ES6 and EC6 SUV models since 2020.

     

    Supplying OE tyres to vehicle manufacturers does not produce much income for tiremakers but gaining large corporations as clients helps strengthen their brand image, which may lead to increased brand recognition and higher product pricing in the future.

     

    infographic: China EV Tire Market , China EV Tire Market Size, China EV Tire Market Trends, China EV Tire Market Forecast, China EV Tire Market Risks, China EV Tire Market Report, China EV Tire Market Share

    CHINA EV TIRE MARKET SEGMENTATION

     

    The China EV Tire Market can be segmented into following categories for further analysis.

     

     

    China EV Tire Market Segmentation By EV Classification

    • BEV
    • HEV
    • FCEV

     

     

    China EV Tire Market Segmentation  By Tyre Construction

    • Radial Tyres
    • Bias Tyres
    • Composite Tyres

     

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN CHINA EV TIRE MARKET

    The EV Range is largely dependent upon the tires and the internal battery systems in use. The Tyres form to be one of the most effective means of range control wherein the rolling resistance capabilities and other requirements in place take the technology enhancement to a required edge of control.

     

    The most recent technological integrations have been made in the recent innovations and features a hard compound for the centre of the tread to provide the grip required to cope with the high torque characteristics of electric sports cars. Meanwhile, the sidewalls of the latest addition to the EV Sport family carry over the same pattern and velvet-finish marking.

     

    There has been keen interest put upon the innovation perspectives of reduction in rolling resistance as and when required within the vehicles. Keeping the wear caused by the high levels of torque when moving off relatively low calls for modifications to both the tread pattern design and the tread compound. Very low rolling resistance is achieved by a blend of tread compound, tread pattern and the construction of the tire  and the sidewall in particular as well as by keeping the overall weight to a minimum.

     

    The tread pattern and sidewall design, as well as the information on the sidewall, are similar to those seen on standard versions. And, because virtually all of these EV and hybrid tyres are original equipment versions, the necessary and standard information on the sidewall is supplemented with an OE code.

     

    COMPETITIVE LANDSCAPE

    The Tires are essential and important in the engagement of the electric vehicle with major focus being upon the possibility of noise reduction and better weight distribution considering the powertrain of the EV Systems to be very specific to operations and integrations of the Battery management systems.

     

    China has been focusing upon the increasing trend towards integrating the EV systems into place for better mobility solutions and curbing the possible carbon emissions to a considerable level.

     

    Hankook Tires and Technologies has been one of the most promising EV Tires in the market of China with major collaboration being done to enhance its usability. The tires designed by Hankook are focused and the noise can be reduced by tire patterns, pitch arrangement, and grip optimization.

     

    In particular, significant noise reduction can be achieved by the lateral groove design. And there is a technology to offset the noise frequency by forming grooves inside the tire tread block.

     

    It has also made an initiative to have better tire structure The belts that sit below the tread and reinforce the structure of the tire are now made partly of aramid, a nylon-like synthetic polymer. The Aramid hybrid used has a strength rating five times greater than steel.

     

    Michelin in the most recent development has released specially made and designed tires for EVs in China for better mobility and electrification.

     

    These tires are aimed at serving under the high-end race cars and premium cars available in the market of China. These tires have a twenty percent less perceptible road noise due to Acoustic technology which takes the form of a custom-developed polyurethane foam that reduces cabin noise for even greater enjoyment behind the wheel of electric vehicles.

     

    COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop