The Market for Wiring Harness Tapes for New Energy Vehicles in China has Seen a Sharp Increase, and the Investment Scale is Expected to Exceed 2 Billion Yuan by 2025

The "nervous system" of new energy vehicles is driving a small but exquisite market to quietly explode, presenting domestic enterprises with an opportunity for substitution.

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The Small but Crucial Automotive Wiring Harness Tape is Breaking the Foreign Monopoly Pattern with the New Energy Wave, and Domestic Enterprises are Emerging

In an automotive wiring harness tape production workshop in East China, workers are busy packing and boxing a batch of newly produced tape products. These seemingly ordinary tapes are actually the "protective clothing" for the car's nervous system, with a value of 30 to 50 yuan per vehicle. With the acceleration of the localization process of new energy vehicles, this industry, which was once monopolized by four foreign enterprises - Tesa, 3M, Nitto Denko and DIC - for 85% of the market share, is now undergoing structural changes.

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The Automotive Wiring Harness Tape Industry is Undergoing Transformation, with Green Innovation and Domestic Substitution Becoming the Main Themes

Wiring harness tape, this seemingly ordinary automotive material, is becoming a key link in the intelligent manufacturing and green upgrade of automobiles.

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