Tire brand dynamics
1. Michelin launches a new generation of electric vehicle tires
Michelin recently released a new generation of electric vehicle tires designed specifically for electric and hybrid vehicles. These tires use Michelin’s unique rubber formula and tread design, providing longer range while optimizing low-noise performance
2. Goodyear expands its production base in Asia
American tire giant Goodyear recently announced that it will expand its production base in Asia to meet the growing market demand. This move will increase Goodyear’s production capacity in the Asian region and lay the foundation for its further expansion in the electric vehicle tire market
Tire technology innovation
1. Bridgestone launches self repairing tire technology
Bridgestone recently released a self repairing tire technology that can automatically repair tires after they are punctured. By adding a special sealant inside the tire, when the tire is punctured, the sealant will automatically fill the gap to prevent air leakage and ensure driving safety.
2. German brand tires launch a series of silent tires
German brands have launched a new series of silent tires using advanced noise reduction technology. The new tires significantly reduce driving noise and improve driving comfort by optimizing tread design and material combination.
Trends in the tire market
1. The electric vehicle tire market continues to grow
With the continuous expansion of the electric vehicle market, the electric vehicle tire market is also growing rapidly. Major tire manufacturers are actively developing electric vehicle specific tires to meet consumer demand for higher energy efficiency and longer range.
2. The Chinese tire market maintains strong growth momentum
As the world’s largest producer and consumer of tires, China’s tire market has maintained strong growth momentum in recent years. With the steady development of the Chinese automotive market, it is expected that the Chinese tire market will continue to expand in the coming years.
Tire regulations and standards
1. The EU implements stricter tire labeling regulations
The EU has recently implemented stricter tire labeling regulations, requiring all tires sold in the EU market to meet the prescribed energy efficiency, wet grip, and noise level standards. This move aims to improve the quality and safety of tires in the EU internal market, and reduce environmental pollution.
2. The United States plans to strengthen anti-dumping measures against imported tires
The US Department of Commerce recently announced plans to strengthen anti-dumping measures against imported tires to protect the domestic tire industry. This move may lead to higher tariffs on some imported tires from Asia and other regions, which will have a certain impact on the global tire trade pattern.
Post time: Jan-24-2024