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2023

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09

Sinusoidal Electric: Will promote business development of motor drive for new energy vehicles

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Sinusoidal Electric (688395.SH) said on 30 November in the investor interactive platform that in new energy vehicles, the company's business-related parts mainly include automotive main motor drive and automotive air conditioning compressor motor drive (hereinafter referred to as auxiliary drive). The company began to research and develop new energy vehicle motor drive technology in 2014, in the field of main motor drive, the company developed the SV300 and SV330 model main motor drive in 2016, due to the main motor drive products have a long research and development cycle, large upfront investment, relatively low gross profit margins, etc., the company in the second half of 2019 in conjunction with the development strategy at that time, and one after another, stopped the main motor Drive product development and sales business; in the field of air conditioning compressor motor drive with strong customer stickiness and relatively easy to form mass production sales, the company developed the SV600 model auxiliary drive in 2020 and gradually achieved a small amount of sales. The company continues to be optimistic about the development prospects of the new energy automobile field, and will promote the business development of new energy automobile motor drive in the future according to the market demand, technical reserves and the progress of new product research and development.


Author:

KESHUO 

Sinusoidal Electric (688395.SH) said on 30 November in the investor interactive platform that in new energy vehicles, the company's business-related parts mainly include automotive main motor drive and automotive air conditioning compressor motor drive (hereinafter referred to as auxiliary drive). The company began to research and develop new energy vehicle motor drive technology in 2014, in the field of main motor drive, the company developed the SV300 and SV330 model main motor drive in 2016, due to the main motor drive products have a long research and development cycle, large upfront investment, relatively low gross profit margins, etc., the company in the second half of 2019 in conjunction with the development strategy at that time, and one after another, stopped the main motor Drive product development and sales business; in the field of air conditioning compressor motor drive with strong customer stickiness and relatively easy to form mass production sales, the company developed the SV600 model auxiliary drive in 2020 and gradually achieved a small amount of sales. The company continues to be optimistic about the development prospects of the new energy automobile field, and will promote the business development of new energy automobile motor drive in the future according to the market demand, technical reserves and the progress of new product research and development.


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