Hunan CSR Times Electric Vehicle Co., Ltd.
2010-05-28 Source:www.chinabuese.org
Summarize:China South Locomotive & Rolling Stock Corporation Limited (CSR), large state-owned corporation approved by the China State Council, is one of the largest suppliers for railway transportation equipment in the world with total capital of 121 billion RMB.
www.chinabuses.org: China South Locomotive & Rolling Stock Corporation Limited (CSR), large state-owned corporation approved by the China State Council, is one of the largest suppliers for railway transportation equipment in the world with total capital of 121 billion RMB.
CSR boasts a complete system of independent R&D, massive manufacturing and standard service of railway locomotives, passenger trains, freight wagons, bullet trains, metro vehicles and new energy buses.
In 2010, CSR ranked 476 ($1.987 billion brand value) in the TOP 500 most valuable brands issued by the Brand Finance and became the only listed equipment manufacturing corporation in China.
Established by the shareholder CSR Zhuzhou Institute Co., Ltd. -a subsidiary owned by CSR, Hunan CSR Times Electric Vehicle Co., Ltd.( hereinafter as TEV) is the first and major new energy vehicle manufacturer in China. Thanks to the proprietary rail transit equipment technologies (converting technology, electric drive and controlling technology) supported by CSR Zhuzhou Institute, TEV has successfully developed its green vehicles with several power train platform including extended-range plug-in, natural gas and pure electric.
Technology Strength
Since 2002, TEV has carried out more than 20 National High-Technology (863) projects for energy saving and new energy vehicles. With over 400 million RMB investments, TEV began studying the high efficient power drive system (T-Drive), has build the new comprehensive engineering center to promote the development of energy conversion efficiency for new energy vehicles, and has provided the core technology solutions according to the different power drive system including hybrid, pure electric, plug-in and online-charging.
As the sponsor of state-owned enterprise electric vehicle Industry alliance(SEVIA) in China, TEV has cooperated with China FAW group corporation, Second Automotive Works (Now Dongfeng Motor Corporation) and Changan Automobile to implement over 10 R&D projects for motor common technology of electric vehicles.
Manufacturing Capability
Implemented by continued 500 million RMB strategic investments, as well as introduced the lean manufacturing and the information management system, TEV today employee several advanced production lines including chassis, vehicle body, coating, and electrophoresis and final assemble.
At present, TEV owns the capability to manufacture 10,000 new energy vehicles and 20,000 sets power train and key components annually and already establish a complete industrial chain for new energy vehicles (from IGBT to vehicle control unit, from drive motor to powertrain, from new energy buses to special vehicle ).
Market Performance
Since 2009, TEV has earned 2 billion RMB of sales revenue thanks to the opportunity of energy saving and new energy vehicle demonstration promotion in China.
2008 Beijing Olympic Games, 2010 Shanghai World Expo and Guangzhou Asian Games have employed our 70% to 100% power train for new energy vehicles.
At present, over 5,000 vehicles have already left our factory. They are running across many cities in China including Changsha, Tianjin, Kunming, Haikou, Shijiazhuang, Nanning, operate a total mileage of 1 billion kilometers with 98% average attendance, over 20% fuel saving, 8 tons CO2 reduction(per vehicle) and significant PM2.5 reduction, and also contribute to public transport services for 2014 FIFA World Cup in Brazil.
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