The global power semiconductor industry has entered the fast lane of development as never before, and under the trend of pure electric vehicles replacing traditional fuel vehicles, supplemented by the world consensus on energy conservation and emission reduction, power semiconductors have been given a rich connotation of the times. At present, the domestic power semiconductor market domestic ownership rate is still relatively low, in this regard, the "14th Five-Year Plan" clearly listed IGBT as one of the key technologies in the future, the market and policy double blessing quickly promote the localization process of the domestic IGBT industry, in this context, the domestic power semiconductor industry chain is unique, the face is renewed.
As the core component of new energy vehicles, IGBT has a wide range of applications in electric control systems, vehicle air conditioning systems, charging pile inverters and other fields. From the data point of view, the domestic new energy vehicle sales growth momentum is obvious. In 2021, the annual sales volume of new energy vehicles exceeded 3.5 million units, and the market share increased to 13.4%.
With the continuous introduction of supporting national-level top-level design related policies, power semiconductors have become a special topic for breaking through domestic bottlenecks and breaking foreign monopolies in recent years. Through the development of these years, the strength of domestic IGBT technology suppliers has also become stronger, and it has started from a faltering to a healthy body, fully helping the development of China's new energy automobile industry.
At present, many automakers are actively laying out automotive IGBTs. For example, BYD, relying on BYD Semiconductor, has carried out research and development in the field of IGBT for many years, and has launched a variety of power semiconductor products including IGBTs, SiC MOSFETs, etc. Among them, IGBT, BYD Semiconductor's IGBT 5.0 technology based on high-density Trench FS has achieved mass production, and it is also carrying out research and development of a third-generation semiconductor SiC. It is worth mentioning that on January 20 this year, GAC Group announced that its subsidiary GAC Parts has recently established Guangzhou Qinglan Semiconductor Co., Ltd. with Zhuzhou CRRC Times, with a registered capital of 300 million yuan, and the new company will mainly focus on new energy vehicle independent IGBT to carry out technology research and development and industrialization applications.
In general, from the perspective of China's automotive circle, BYD Automobile, Dongfeng Motor, SAIC Motor, Geely and other car companies have carried out independent IGBT-related layouts to accelerate the improvement of automotive electronics manufacturing capacity. It is foreseeable that as more and more Chinese car companies enter the IGBT track, we will break the foreign monopoly and even gain dominance in this regard in the future.