📊Executive Summary

The article discusses the electrification supply chain for new energy passenger vehicles in China, highlighting the dominance of Tesla and BYD Semiconductor in the market. Tesla leads with a 13.9% market share, while BYD Semiconductor tops the power module rankings, indicating a shift towards localization in the supply chain. The competitive landscape shows a strong trend towards vertical integration among automakers, with significant in-house production capabilities being developed. This trend could impact procurement strategies as companies like Tesla and BYD enhance their control over core components, potentially affecting sourcing decisions for other suppliers....