Zotye Automobile Co., Ltd.
众泰汽车
000980
Shenzhen Stock Exchange
Company Profile
Company Highlights: ZOTYE has established four major R&D centers in China’s Hangzhou, Chongqing, Yokohama of Japan and Turin of Italy. It also forms academician's expert workstation and postdoctoral research workstation in China, creating a professional R&D team of more than 2,000 employees with core parts design and R&D capability for traditional auto, two major parts of new-energy cars and engines, transmission, battery, motor, electric control and etc. Adhering to the path of independent innovation, ZOTYE has formed A, B and L technology platforms after years R&D efforts, while reaching the internationally leading level in modeling, mold, CAE, experiment and trial-manufacturing, NVH, inspection and testing, etc. Meanwhile, it raises the integrated platform technology research and development in an innovative manner. ZOTYE’s first unmanned vehicle rolling from the line in 2016 and realizing the L4 level auto driving on transparent roads have proactively pushing forward China’s auto quality and security into the development of intelligence. As one of the first enterprises to arrange the industrialization of new-energy vehicles, ZOTYE has not only created “six” first in the area of new-energy vehicle in China, but also initiated the operating modes of time sharing lease and public car sharing with the State Grid and other companies, providing references for the development of pure electric vehicles in China. The new-energy vehicle sales volume has broken through 37,300 units in 2016, an increase of 51.8% on a year-on-year basis, making the company the TOP10 of global new-energy vehicle distribution and top positions in the same area for a number of years domestically.
Full description
ZOTYE Automobile Co., Ltd. (Hereinafter referred to as ZOTYE), founded in 2003, is an automobile manufacturer with cored businesses as vehicle R&D, manufacturing and distribution and three major self-owned brands as ZOTYE, JIANGNAN and TRAUM, products covering sedan, SUV and new-energy vehicles and etc. In the decade-long history of development, ZOTYE, through deeply cultivating the auto markets in China, has constantly enriched and perfected business range, improved the strength of independent innovation and become a national independent brand of automobile industry with core competitive advantage under the guidance of market. Its main businesses are as follows: vehicle and parts, auto parts, motorcycle accessories (excluding engines), mold, motor products, hardware tools, household appliances, instrument fittings and electrical appliances, motor serial products, electronic and electrical products, import and export business of goods and technology (Excluding the provisions by national laws and regulations), production and distribution of safety anti-theft door, decorative door, burglary-resisting window and other doors and windows with diversified functions, self-made products, technology export and other businesses. At present, ZOTYE has vehicle manufacturing bases in Zhejiang, Hunan, Jiangsu and Shandong. Under the guidance of the spirit of the craftsman in the new period of "increasing variety, raising quality and creating brand" issued by the State Council, the company forges the Spirit of Craftsman and comprehensively initiates the ZOTYE 3.0 era by creating the 7-speeed Transmission, covering the corporate breakthroughs and upgrades achieved in terms of talents, planning, R&D, products, purchase, manufacturing and marketing. Meanwhile, ZOTYE’s smart factories’ construction combines the "European Industrial 4.0" and "China manufacturing 2025", showcasing the advancing level in technology and equipment in the domestic industry, and over 80% automation rate of the new factory production line. The company’s marketing network extends to all large and medium cities and other three to four-layer markets, with products distributed to Iran, Chile, Russia and other countries and regions.Company products cover four segment markets, including SUV, sedan, MPV and new-energy vehicles. SUV segment mainly has T series, Domy series and S series products, including T700, T600 Sports edition, T600Coupe, T600, T300, Domy X5, Domy X7, SR7, SR9 and etc., sedan segment is mainly Z series, with products as Z360, Z560 and Z700H, new-energy vehicles products are primarily E200, Cloud 100plus, Cloud 100S, Domy ZHIMA and Z500EV.With continuous and more investment in products R&D in the future, ZOTYE will form the auto family tree with a brand-new design language and DNA elements, endeavoring to make products quality equal to those of international peers. Planning and developing the ZOTYE brand with a global vision, while controlling the core technology and realizing innovative advancement in terms of new-energy vehicle, intelligent network and unmanned driving. The company is dedicated to creating a world renowned brand with international competitiveness so as to truly realize the dream of world tye.