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Global demand for electric and diesel vehicles remains strong

At a time when supply chains are facing unprecedented challenges and shortages persist, procurement support is of particular importance. Only by breaking the framework of traditional procurement can we truly support customers flexibly and should be needed in times of need. Public market activity is both a good reference for understanding market conditions and an important indicator for capturing market trends and early signs of supply chain disruptions. With the development of electronic component distribution channels, first-tier OEMS and CM companies are actively engaged in strategic cooperation with the open market and different types of distributors to balance the supply chain. The survey found that global demand for electric vehicles and diesel locomotives with new electronic technologies remains strong, and wearable electronics revenue grew 13% in 2023 due to increased shipments of smartwatches.


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