August 13,2024
OTR tires are off-road tires. The products include agricultural tires, engineering machinery tires, mining tires, industrial tires, etc., which have become the fastest growing and highest-profit segment in the global tire market to date. In this context, domestic and foreign tire giants are rushing to grab a piece of this big cake, and within the month, several tire companies have announced major investments in OTR tires.
August 09,2024
On July 31, Nokian Tyres announced that it had signed a 150 million euro loan agreement with the European Investment Bank to promote sustainable tire manufacturing.
August 06,2024
Recently, a meeting to promote Shandong Province’s top industrial economic project was held in Guangrao County. The meeting pointed out that in the rubber tire industry, 15 high-end projects with a total investment of 15.65 billion yuan were promoted and implemented, and the level of industrial clustering continued to improve.
August 02,2024
The era of electric vehicles is accelerating, and more requirements are being placed on the iteration and updating of tire technology. Compared with traditional fuel vehicles, electric vehicle (EV) tires have higher requirements due to their heavier vehicle weight and higher torque. It is worth noting that as competition in the electric vehicle market intensifies, it has quickly been drawn into a competition over tire performance, and there has been increasing controversy over the use of electric vehicle tires.
July 30,2024
In the first half of 2024, the tire industry continued to grow. While overseas investment accelerated, domestic cross-industry investment also flourished. Below is a mid-year review of new investments in the tire industry in the first half of the year.
July 26,2024
Dongying tire is a major cluster of China's tire industry, accounting for 1/4 of the country's tire production. During its half century of vigorous development, it has formed distinct regional characteristics.
July 23,2024
On July 19, the General Administration of Customs released the rubber tire export data for June 2024. In June, the country exported 880,000 tons of rubber tires, an increase of 8.6% year-on-year. The cumulative exports from January to June were 4.51 million tons, an increase of 5.3% year-on-year, maintaining a good development trend overall.
July 19,2024
On July 18, according to the latest data released by the National Bureau of Statistics, China's rubber tire casing production in June 2024 was 93.4 million, an increase of 8.8% year-on-year. From January to June, the output of rubber tire casings increased by 10.5% year-on-year to 525.92 million.
July 16,2024
The tire industry has gone through a century of development, from solid tires to radial tires, and has entered a bottleneck period that is difficult to break through, and no major innovations have occurred since then. Many industry insiders believe that the next disruptive revolution in the tire market will be the change in product structure and materials - Airless tires replacing radial tires may be the trend of the future market.
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