New energy vehicles
Hangzhou is among the first batch of national pilot cities for demonstration and promotion of new energy vehicles and has formed a complete industrial chain of vehicle manufacturing, power battery, charging pile, wheel hub motor and so on. As of 2016, a total of more than 40,000 new energy vehicles were put into use and the output value of vehicles was about five billion yuan.
BYD’s new energy bus production base in Hangzhou has an annual capacity of 3,000 pure electric buses and its electric bus fleet includes K6, K8 and K9.
As a key player in auto parts manufacturing in China, the enterprise mainly focuses on the manufacturing and sales of automobile parts, with its leading products holding a market share of more than 65 percent in China. In recent years, it expanded its business to clean energy, such as battery, electric vehicle, and natural gas power generation, wind power generation and develop products ranging from new energy components, batteries, buses and passenger cars.
It is dedicated to developing an industrial chain of new energy vehicle R & D, manufacturing, sales and after-sales maintenance service. It has independently developed technologies in motor, battery and electronic control and is currently the largest and the most intelligent pure electric vehicle production base. The products cover buses, trucks, passenger cars and vehicles for delivery and logistics.
Asia-Pacific Mechanical & Electronic Co
The company is a leader in China’s auto part industry and committed to develop, manufacture and sell the whole set of automotive brake systems. Its customers cover many renowned domestic and overseas automobile manufacturers. With the strength in active safety technology of automobiles, the company is expanding the business in intelligent network connected automobiles and new energy vehicles, hoping to develop an industrial chain featuring environmental perception, active safety control and mobile interconnection.