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BAIC New Energy and Shanghai Nasen reached a strategic cooperation to promote the leap-forward development of China’s autonomous wire-controlled chassis

On December 13, 2019, BAIC New Energy and the domestic wire-control chassis supplier Shanghai Nasen held a strategic cooperation signing ceremony at Shanghai Renaissance Hotel.

On December 13, 2019, Beijing New Energy Automobile Co., Ltd. (referred to as BAIC New Energy) and domestic wire-control chassis supplier Shanghai Nasen Automotive Electronics Co., Ltd. (referred to as Shanghai Nasen) held a strategic cooperation at Shanghai Renaissance Hotel signing ceremony. Yang Zifa, Dean of BAIC New Energy Research Institute, Zhang Kai, Assistant General Manager of BAIC New Energy and Minister of Purchasing, Liu Xiaomeng, Assistant General Manager of BAIC New Energy and Minister of Capital Operation, Li Bo, Head of Chassis Department of BAIC New Energy, and Zero Purchasing Department Yan Liangjie, head of the component development department, Liu Tong, executive director of Gimpo Investment, Liu Zhuang, director of Jingwei China Investment, Tao Tao, founder and general manager of Shanghai Nasen, and other related leaders attended the event. Times ceremony.

ADAS, autonomous driving, BAIC New Energy, wire-controlled chassis, Nathan Automotive Electronics

In the ten years since BAIC New Energy was founded, it has always focused on the research and development, manufacturing and promotion of new energy vehicles, ranking first in pure electric vehicle sales in China for six consecutive years. Yang Zifa, president of BAIC New Energy Research Institute, said: According to the main line of high-quality development, BAIC New Energy puts forward an open sharing strategy around the two main themes of “brand up” and “product up”. While becoming a leader in the industry, it also pays attention to Auto parts suppliers, including Shanghai Nasen, strengthened cooperation so that everyone can grow up together.

Shanghai Nasen is committed to providing OEMs with overall wire-by-wire chassis solutions, and has built China's first mass production line of intelligent wire-controlled brakes. It is currently one of the very few domestic enterprises with core technology of complete wire-controlled chassis. Tao Yan, founder and general manager of Shanghai Nasen, said: NBooster system products for domestic new energy vehicles such as BAIC New Energy have improved the end-user's true driving mileage, reduced energy consumption, improved braking reliability and durability, improved user experience and Satisfaction endurance, while meeting the current ADAS and future autonomous driving market needs, and laying a solid wire-controlled chassis foundation for the intelligentization of domestic independent brand vehicles.

ADAS, autonomous driving, BAIC New Energy, wire-controlled chassis, Nathan Automotive Electronics

The capital market fully affirmed the absolute head advantage of Shanghai Nasen in the segmentation. In January of this year, Nathan announced the completion of the B round of equity financing, and received a total of 500 million yuan in equity financing, with a valuation of nearly 1.5 billion. As an important investor in two consecutive rounds of A and B rounds, Liu Tong, executive director of Gimpo Investment, said: After receiving the help of capital, Shanghai Nassen quickly launched in 2019 to expand its leading edge and became a local leader in BAIC New Energy and other With the support of car companies, it will gradually become a head supplier of core parts for car-by-wire chassis.

Finally, Zhang Kai, assistant to the general manager of BAIC New Energy, procurement minister, and Tao Yan, founder and general manager of Hennason, expressed good wishes to the signing ceremony: BAIC New Energy, as the head company of China's new energy automobile industry chain, and China Automotive Core components Tier 1 Shanghai Nasen reached strategic cooperation and joined forces. In the future, the two sides will definitely deepen the cooperative relationship, expand the scope of cooperation, cooperate closely, and complement each other's advantages. We hope to further enhance the collaborative innovation and technical research capabilities of China's independent wire-controlled chassis industry. Together, we will promote the leap-forward development of the new energy vehicle wire-controlled chassis system, lead the intelligent manufacturing of the Chinese automobile industry with technological innovation, and accelerate the construction of a powerful automobile country.

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