Generally speaking, due to the low level of intelligence of traditional fuel vehicles, the value of the connectors used is about 1,000 yuan. For new energy vehicles with a higher level of intelligence, the average value of the connectors used in a single vehicle is 3,000-5,000 yuan. The higher the level of intelligence, the greater the value of its bicycle connectors, which can even reach 10,000.
According to the current policy targets of the penetration rate of new energy vehicles in various countries and regions, it is estimated that the sales of new energy passenger vehicles in China, the United States, Europe and other regions in 2025 will be 9.61 million, 5.27 million, 6.55 million and 4.48 million respectively. In total, the global sales of new energy passenger vehicles reached 25.91 million units, with a penetration rate of 33%. This means that by 2025, the market size of new energy vehicle connectors will exceed 12 billion yuan, with an average annual compound growth rate of more than 26%.