Good News | Newbase Ranks Among the Top 100 Core Components Enterprises for Intelligent Electric Vehicles in 2025!
Recently, the 2025 China Top 100 Core Components for Intelligent Electric Vehicles list, hosted by EV People Think Tank, was officially released. Newbase Automotive Electronics Co., Ltd. was selected into the 4th category of Thermal Management - Commercial Vehicle Thermal Management Control list by virtue of its technological breakthroughs and industrialization achievements in the field of commercial vehicle thermal management, becoming the only enterprise in Henan Province to be listed in the commercial vehicle thermal management segment.
As one of the most authoritative evaluations in China's electric vehicle core components sector, the list is assessed based on objective data and actual operating conditions, and its results are hailed as the "vane of the strength of the intelligent automotive industry chain".
1. Technological Breakthrough in the Industry Boom: A Game-Changer in Commercial Vehicle Thermal Management
With the in-depth advancement of the "dual carbon" strategy, China's new energy commercial vehicle market is ushering in explosive growth. Data shows that the sales volume of new energy commercial vehicles reached 350,000 units in 2024, and it is expected to exceed 1.2 million units by 2030. The corresponding thermal management market size will grow from the current 6.8 billion yuan to 27 billion yuan, with a compound annual growth rate (CAGR) of 12.3% (data source: 2024 Industry Report by EV People Think Tank and authoritative industry institutions).
Compared with passenger vehicles, commercial vehicles have higher requirements for the reliability and environmental adaptability of thermal management systems due to their heavy load, complex working conditions and stringent endurance demands. Against this backdrop, Newbase has built a "hardware + software + system architecture" trinity technological moat in the research and industrialization of key technologies for integrated thermal management of new energy commercial vehicle powertrains.
2. From Technology to Market: Newbase's Industrialization Path
Newbase pioneered the "battery thermal management + air conditioning + motor heat dissipation + electronic control cooling" four-in-one architecture. Through multi-physics field coupling modeling, it achieves full-working-condition collaborative optimization, which can improve the overall vehicle energy efficiency by 18%-25%, equivalent to reducing the annual power consumption of each electric heavy-duty truck by 12,000 kWh.
Relying on its system-level R&D capabilities, Newbase has formed a complete industrial chain layout from laboratory R&D to large-scale production. At present, its thermal management products have been matched with major domestic new energy commercial vehicle enterprises, and its market share in the fields of electric buses, heavy-duty trucks and special-purpose vehicles has exceeded 12%. The selection into the Top 100 list is not only an affirmation of the enterprise's existing achievements, but also a recognition of the forward-looking nature of its technical route.
As the competition in new energy vehicles shifts from "endurance involution" to "efficiency competition", thermal management systems have become a core variable determining vehicle performance. Newbase's listing marks the emergence of a local leading enterprise with system integration capabilities in China's commercial vehicle thermal management field. In the future, with the continuous iteration of technology and the expansion of application scenarios, Newbase will write a more brilliant chapter in the global intelligent automotive industry chain.