Why are new energy vehicle parts so expensive?

 Why are new energy vehicle parts so expensive? The high price of new energy vehicle parts is mainly affected by various factors such as technical barriers to parts, market supply and demand, cost composition and after-sales service system.

The core technology of new energy vehicles is often in the hands of a few enterprises. For the purpose of protecting technical property rights and commercial interests, it is difficult for third parties to obtain relevant technical information and parts supply. It makes it difficult for non-authorised enterprises to produce compatible accessories, thus restricting market supply and pushing up the price of accessories.

The new energy vehicle market is in a stage of rapid growth, but the parts supply chain is not yet fully mature. On the one hand, the production of some parts requires high-precision equipment and professional technology, and the increase in production capacity is slow; on the other hand, the intelligent and integrated design of new energy vehicles has led to the adoption of an integrated structure for many parts, which can only be replaced but not repaired after an accident, further exacerbating the shortage of parts.

New energy vehicle parts require strict material performance, such as power batteries need high energy density cathode materials, high safety diaphragm and electrolyte, etc. These raw materials account for a relatively high cost. Lidar, as a key sensor for intelligent driving, the high R&D and manufacturing cost is an important reason for the high price.

New energy vehicle brands control the supply of parts and maintenance services through authorised repair points, forming a relatively closed after-sales service system. Under this model, the pricing power of parts is in the hands of car companies, and there is a lack of market competition. Maintenance technology barriers also limit the development of third-party maintenance enterprises, further consolidating the monopoly of car companies.

Why are new energy vehicle parts so expensive? The insurance rate of new energy vehicles is 70% higher than that of fuel vehicles, and the payout rate is about 10 percentage points higher, which is related to the high proportion of young drivers and the frequent occurrence of accidents during the adaptation period of intelligent driving functions. Consumers bear.


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