Gasgoo Awards: Top 100 Players of China's New Automotive Supply Chain for 2022

In the past decade, China has been transforming from a follower in traditional automotive industry to a leader in new energy vehicle industry. With an aim to address different pain points and meet various scenario requirements, more and more players in China have launched rapid product innovation and technological empowerment, promoting the rapid development and extended boundary of upstream and downstream enterprises. The speed and innovation have promoted the continuous iteration of the entire intelligent electric vehicle supply chain and the expansion of new energy vehicle market with millions of new energy vehicles on the road. In this way, China has become the leader in new energy vehicle outputs and sales.

Technology revolution drives product transformation on China’s road to become a leader in automotive industry. With vehicles as the core, traditional automakers, suppliers, technology company and cross-border players are enhancing their efforts in automotive industry by virtue of their own differential sources. But electrification is just the prelude to the revolution.  Low carbonization and intelligence have become the new focus of next-stage competition, and the window period is shorter and shorter. The key to the success of future intelligent vehicles is the combination of brand, experience, innovation, profitability, software-defined vehicle and scale while a system for cooperative development and rational division of labor can promote the development of intelligent vehicle industry.

For a long time, the automotive supply chain presented a pyramid mode of Tier2-Tier1-OEM with OEMs on the top. But for the intelligent electric vehicle supply chain, the pyramid-style mode has evolved into a flat multi-agent collaborative model. Under the new model, even though OEMs are still on the top, they have to go into the upstream of the supply chain and establish advanced cooperation to build a more reasonable labor division system for intelligent vehicle development.

Gasgoo’s Top 100 Players of China's New Automotive Supply Chain for 2022 aims to find out players which will help to reshape automotive industry value chain and form a new supply chain system. The award recognizes and presents promising companies and game-changing technology solutions in ten core segments, namely autonomous driving, smart cockpit, software, automotive chip, electrification, thermal management, body and chassis, interiors and exteriors, lightweight and new materials, as well as service providers.

After 215 days, the 2022 list came out as a result of 450,000 online votes and months of experts’ assessment to award those players which can take a leading role in industrial revolution with their technology and mode innovation.

Local companies continue to increase presence. The 2022 list consists of 65 Chinese players, including well-known suppliers like Fuyao Group, Thundersoft and Desay SV, cross-boarder players like Unicom, ZTE, Huawei and Cocos, as well as numerous outstanding local startups in intelligent electric vehicle segment like MINIEYE, Greater Bay Technology and Cambricon.

The list also show that low-carbonization and intelligence have already become main trends in automotive industry, including 16 players in autonomous driving segment, 14 in software segment, 13 in chip segment, 11 in smart cockpit segment, 16 in powertrain segment, 5 in thermal management segment, 11 in body and chassis segment, 7 in interior and exterior segment, 4 in environment-friendly light-weight and new material segment and 3 service providers. From the perspective of technology, the awardees cover autonomous driving system, domain controller, auto chip, OTA, digital key, smart cockpit system, HUD, intelligent chassis and environment-friendly material, indicating rapid development in the said areas.