TUHU-W (09690) Participates in TEDA Forum: New Energy Users Surge Over 80%, Leading Automotive Aftermarket

Stock News09-12

On September 12, at the 2025 China Automotive Industry Development (TEDA) International Forum, TUHU-W (09690) President Hu Xiaodong delivered a keynote speech, introducing TUHU-W's new energy vehicle business layout and providing in-depth analysis of the automotive aftermarket ecosystem transformation and development trends.

The TEDA Automotive Forum, now in its 21st edition, serves as a high-end think tank forum that gathers industry wisdom and acts as a barometer for China's automotive industry development. Currently, China's new energy vehicle ownership has exceeded 36 million units, bringing new growth opportunities to the new energy automotive aftermarket.

TUHU-W has established professional testing capabilities, maintenance and repair services, and standardized service capabilities. The company has implemented battery, motor, and electronic control system testing and maintenance services, as well as personalized beautification services. It continues to increase investment in product innovation, digital and standardization integration, and ecosystem collaboration to lead the new energy automotive aftermarket.

Data shows that as of June 2025, TUHU-W operates over 7,200 workshop stores with 150 million registered users. Among them, new energy transaction users reached 3.4 million, representing an 83.5% year-over-year increase and accounting for over 12% of total platform transaction users.

In response to the differentiated needs of new energy vehicle owners, TUHU-W has focused on developing specialized products and accelerating innovation. Based on user insights, the company has partnered with leading tire brands to launch new energy vehicle-specific tires that adapt to electric vehicles' high torque and low noise characteristics, accompanied by "lifetime warranty" services. It has also collaborated with international oil brands to develop special engine oils for extended-range hybrid vehicles to optimize engine protection, and worked with renowned automotive film brands to develop high signal penetration films that address intelligent driving signal interference issues.

Industry development prioritizes people, and industrial upgrading begins with education. According to relevant statistics, new energy vehicle after-sales talent shortage accounts for 80% of the automotive repair industry's talent gap. TUHU-W has built a comprehensive and scientific training system for new energy vehicle maintenance technicians, creating an online and offline training loop that can cultivate more qualified new energy professionals.

Currently, TUHU-W has over 800 new energy technicians holding low-voltage electrician certificates, and more than 4,000 technicians have received new energy vehicle technical training. Professional capabilities have become the company's core competitive barrier.

Facing new opportunities in the new energy automotive aftermarket, TUHU-W is strengthening full industry chain collaborative cooperation. As an independent third-party automotive service platform with "wide coverage and deep penetration," TUHU-W will continue to supplement the after-sales fulfillment capabilities of automakers and battery manufacturers, leading high-quality industry transformation through supply-side innovation.

As new energy vehicle ownership continues to climb, TUHU-W's full-chain layout is providing a replicable service model for the industry, helping to solve supply-demand matching challenges during the aftermarket's explosive growth period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment