Enterprise Europe Network

A Chinese manufacturer seeks to offer automotive single-engine gasoline-electric hybrid power system products to European partners through distribution agreement

Country of origin:
Country: 
CHINA
Opportunity:
External Id: 
BOCN20190802001
Published
06/08/2019
Last update
13/08/2019
Expiration date
13/08/2020

Keywords

Partner keyword: 
Energy for Transport
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Summary

Summary: 
The Chinese company was founded in 2014, focused on power storage system design and manufacture. During its development of over 5 years, the company has many independent intellectual property rights and core patents. The company is looking to offer automotive single-engine gasoline-electric hybrid power system products under commercial distribution agreement to European distributors.

Description

Description: 

Founded in 2014, the Chinese company focused on power storage system design and manufacture. During the past 5 years, with its input of resources and hard effort, the company has successfully applied for several patents, and developed products of independent intellectual property rights.

The company has solved successfully the safety problem in application of lithium-ion batteries, fully guaranteed the safety of lithium-ion batteries, without the risk of spontaneous combustion and thermal explosion, and effectively solved the reliability, long life and other worldwide problems.

The company has realized the annual sales of over RMB 2 billion (USD 300 million). The company has one design center with around 60 R&D engineers based in a provincial capital city in southwest China. Manufacture is with a renowned producer in the same province. It is currently developing several other kinds of battery storage products.
1. Lithium-ion energy storage battery for base station.
2. Automotive single-engine gasoline-electric hybrid power system for automotives.
3. Distributed photovoltaic (wind) energy storage generation system for households and tour buses.

With its new development strategy, it is looking to expand the overseas market, and therefore is seeking European partners with deep knowledge and networks in the automotive industry. It plans to enter into distribution agreement with potential partners.

Advantages & innovations

Cooperation plus value: 
The automotive single-engine gasoline-electric hybrid power system is designed for traditional fuel vehicles, which can be upgraded by replacing the lead-acid battery on the vehicle, and realize the high performance: 1. 20% increase in power 2. 20% reduction in fuel consumption 3. 50% reduction in exhaust emissions 4. 10 years of lifetime 5. Alternative application of lead-acid battery is realized, which is suitable for gasoline vehicles of various brands.

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
European partners with deep knowledge of and extensive networks in the automotive industry will be the most ideal. European will take care of distribution of the Chinese company's products in Europe.