SHUANGHUAN COMPANY: Predicting that the penetration rate of coaxial reducers will continue to increase

SHUANGHUAN COMPANY recently stated in a conference call that the current production capacity of its coaxial reducer gear products is mainly focused on the domestic market. The company has observed that many automotive manufacturers or electric drive companies showcased coaxial reducers as leading technology products at recent domestic auto shows. Therefore, the company predicts that the penetration rate of coaxial reducers will continue to increase from the current level. However, it will take some time for the exhibits to be truly commercialized and validated in the market. The extent to which the penetration rate can reach in the future depends on user experience on one hand, and on the other hand, it depends on the comprehensive comparison with other technological paths in electric drive systems. The company will make corresponding preparations in advance based on market conditions to achieve a quick response to the market