In December 2024, WCAN Amorphous Alloy Materials Co., Ltd. held a grand strategic cooperation signing ceremony with a well-known domestic new energy vehicle enterprise at the company headquarters. Senior leaders from both sides attended together, reaching a comprehensive strategic cooperation consensus on amorphous motor core technology R&D and industrial application, opening a new chapter in the deep application of amorphous alloy materials in the new energy vehicle field.

Cooperation Background: Amorphous Motor Market Enters Explosion Period

With the rapid development of the global new energy vehicle industry, the electric drive system, as the 'heart' of new energy vehicles, directly affects the vehicle's range and user experience through its efficiency and performance. Amorphous alloy materials, with their excellent characteristics such as ultra-low iron loss and high magnetic permeability, show huge technical advantages in motor core applications. According to industry research institution forecasts, the global amorphous motor market size will exceed 10 billion yuan by 2027, with a compound annual growth rate exceeding 35%.

As a leading domestic iron-based amorphous alloy material supplier, WCAN Amorphous has been deeply cultivating the application research of amorphous materials in the electric drive field for many years. The company's independently developed amorphous motor core products have been verified on multiple new energy vehicle models, with iron loss reduced by more than 60% compared to traditional silicon steel cores, significantly improving motor efficiency, and gaining wide recognition in the industry.

Cooperation Content: Deep Synergy in Three Core Areas

According to the agreement, both parties will carry out in-depth cooperation around the following three core areas: first, joint R&D of next-generation high-performance amorphous motor cores, optimizing material formulas and process parameters for 800V high-voltage platform vehicles; second, co-building amorphous motor core mass production lines, achieving full-chain independent control from material preparation to finished product processing; third, jointly carrying out adaptation verification of amorphous motors on hybrid and pure electric vehicles, accelerating the transformation of technological achievements into mass production vehicles.

WCAN Amorphous will rely on its core technology accumulation in the field of amorphous alloy thin ribbon preparation to custom-develop exclusive specification amorphous motor core products for the automaker. At the same time, both parties will establish a joint laboratory equipped with advanced material testing and motor testing equipment, ensuring full-process quality control from R&D to mass production.

Strategic Significance: Win-Win Pattern Promotes Industry Upgrade

This strategic cooperation has profound strategic significance for both parties. For WCAN Amorphous, deep binding with leading automakers will significantly improve the company's position in the new energy vehicle supply chain, with amorphous motor core business revenue expected to achieve several-fold growth in the next three years. For the cooperating automaker, adopting amorphous alloy cores will significantly improve the efficiency of the electric drive system, reduce energy consumption, and help its products occupy the technological high ground in fierce market competition.

The General Manager of WCAN Amorphous said at the signing ceremony: 'This cooperation is an important milestone for WCAN Amorphous's transformation from a material supplier to a system solution provider. We will take this cooperation as an opportunity to continue increasing R&D investment, promoting the application breakthroughs of amorphous alloy materials in broader industrial fields, and contributing to the high-quality development of China's manufacturing industry.'