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Hebei Lituo Auto Parts Co., Ltd
Jul 28,2022
Auto Parts Exports Rise 3.7% YoY in Q1 2026, Global Market Remains Resilient
Released by the China Association of Automobile Manufacturers on May 11, 2026, China’s export value of auto parts reached 23.83 billion US dollars in the first quarter, a year-on-year increase of 3.7%. In April alone, exports hit 8.55 billion US dollars, up 16.9% month-on-month and 6.6% year-on-year, maintaining steady growth. The export product mix continues to optimize. New energy vehicle parts, high-end chassis components and rubber vibration-damping products have become major export categories. Strong market demand from Europe, America and Southeast Asia drives the overall growth.
Jan 10,2022
Domestic Substitution Accelerates with New National Standards Regulating the Industry
In May 2026, the Ministry of Industry and Information Technology and other authorities promoted the localization upgrade of auto parts for new energy vehicles, while a number of mandatory national standards were officially implemented. Relevant policies encourage enterprises to conduct independent R&D and cut operational costs via preferential tax policies. The industry is guided to develop in a standardized, compliant and high-end direction. Industry insiders believe that the advancement of domestic substitution will break the monopoly of foreign brands and help local auto parts manufacturers gain larger shares in the high-end market.
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Automobile Research Institute Qinghe County, Xingtai City Hebei Province, P.R.China
WHO WE ARE
Hebei Lituo Auto Parts Co., Ltd. was establishedon 2024, located in the Automobile &Parts Industry Technology Research Institute,Qinghe County, Xingtai City, Hebei Province.The company specializes in the R&D, productionand sales of automobile chassis parts, filtrationsystems and body accessories.
