With increasing global attention to environmental protection and sustainable development, the electric vehicle market is experiencing unprecedented growth. Major automakers are accelerating their electrification strategies to meet the growing market demand and increasingly stringent emission regulations.

Tesla, as a leading company in the electric vehicle sector, continues to maintain strong growth momentum in the global market. Its latest models have shown significant improvements in range and autonomous driving technology, further solidifying its market position. Meanwhile, traditional automotive giants like Volkswagen, General Motors, and Ford are also accelerating their transition to electrification. Volkswagen Group has announced an investment of over 50 billion euros in electric vehicles and related technologies over the next five years, aiming to achieve full electrification by 2030.

Moreover, China, as the world’s largest electric vehicle market, has seen the emergence of a number of internationally competitive electric vehicle brands, such as BYD and NIO. These companies have achieved significant success in the domestic market and are actively expanding into international markets. BYD’s electric buses have already gained a significant foothold in the European market, while NIO is gradually expanding its sales network in Europe and North America.

With continuous advancements in battery technology and improvements in charging infrastructure, consumer acceptance of electric vehicles is gradually increasing. It is expected that the electric vehicle market will continue to grow rapidly in the coming years, becoming a key driving force in the global automotive industry. Steel shot, as a traditional and effective metallic abrasive, plays a significant role in the automotive industry, such as in surface polishing and cleaning. Yafeite, with its 19-year history as a steel shot manufacturer, grows alongside the automotive industry.