Shandong Zhidou Electric Vehicle Co.,Ltd

Company basic informationEstablished on January of 2011, Shandong Xindayang Electric Vehicle Co.,Ltd is invested by Xindayang Machine & Electrical Group Co.,Ltd. We commit to the pure electric car R&D, production, sales and service based on owning the self-development core technology of motor, motor controller technology. Our company registered capital of 330 million yuan, has 1500 employees, with 225 professional technicians, 15 middle and senior titles, 103 R&D persons. At the end of 2013 we cooperate with Zotye Auto to produce electric car. From the January of 2015 we Joined hand with Gleey and GSR Ventures to creat the new era of micro-travel. Company Project situation：Now the micro-travel pure electric vehicle project of Shandong Xindayang Electric Vehicle Co., Ltd has an annual production capacity of 30000 sets, mainly sold to overseas markets. The total investment of new plant construction project is 3.07 billion Yuan. The total area is 2000 mu, and the expected annual production capacity will be 300000 sets, mainly sold to domestic markets. This project will be divided into two stages. After the completion of first stage, the expected annual production capacity will be 100000 sets. After the second stage, the production capacity will be 300000 sets.Company development process：We began to do market survey about Micro pure electric vehicle and set up electric car project team in 2006. In 2007, cooperated with the Italian GREENGO, SCE, EDI company, and to develop a strategic partnership. In 2008, some domestic institutions, such as Tsinghua University, Beijing Institute of Technology, Jiangsu University, began to work together with the company to build a research and development platform. In 2009 the first prototype was sent to European for homologation. In 2011，the company established a research and development branch in Shanghai; In 2012,the product got European E-Mark, CE certification. On October 23, 2012, officially launched the product in the market and exported the product into EU market successful. In 2013, The product passed 64- testing by certification authoritative institution in one time and won the award Green Car of the year.In 2013, the production reached 2000 sets of ZD-H1, and 300 sets of which have been exported to Italy, Slovenia、Romania、Germany、Sweden and so on, Zhidou has been widely accepted in international market. In 2014, the export volume reached 260 sets of ZD-D1, the domestic sales realized 7419 sets of ZD-D1, ranked No.7 all over the world and No.3 in domestic sales of China.In 2015, the export volume reached 1062 sets of ZD-D1, the domestic sales realized 30840 sets of ZD-D1.In 2016, the export volume reached 528 sets of ZD-D1, the domestic sales realized 20292 sets of ZD-D1and ZD-D2, ranked No.13 all over the world and No.8 in domestic sales of China.In the first half year of 2017, the amount of Zhidou the domestic sales realized 18693 sets.