In 2026, new energy vehicle (NEV) castings have emerged as the core growth driver of China’s foundry industry, overtaking construction machinery castings as the largest market increment source.

Driven by rising NEV penetration,accelerated vehicle light-weighting and integration, new energy vehicles adopt far more high-precision aluminum alloy castings than fuel vehicles. Demand for battery trays, motor housings, electric control boxes and integrated die-casting components has seen explosive growth.

Leading die-casting manufacturers are running at full capacity with extended delivery cycles. Industry insiders expect the NEV casting market to maintain double-digit growth, continuously fueling the high-quality development of the foundry sector.