Industry dynamics

ZTE Layout of the New Energy Vehicles: Target Billions of Output

Publishtime:1970-01-01 08:00:00 Views:45

ZTE Layout of the New Energy Vehicles: Target Billions of Output

ZTE is overall distributing the new energy automobile business. Now ZTE has a comprehensive arrangement of power battery, wireless charging, car networking, automotive electronics, new energy bus and intelligent transportation and other new energy automotive business. Known as important mobile terminals after mobile phone by ZTE, New energy vehicles can create billions of value and be given the mission of "recreating a ZTE" by the founder Hou Weigui. As an integrated communication solutions provider with a 32-year history, ZTE is overall distributing the new energy automobile business.

Feng Haizhou, the Vice president of ZTE and the general manager of ZTE new energy vehicles introduced to the 21st Century Economy Herald reporter, at present ZTE has comprehensively arranged power battery, wireless charging, car networking, automotive electronics, new energy bus and intelligent transportation and other new energy automotive business. 

For the First Five in Five Years

In addition to the above three new energy vehicles supporting field, it also caused widespread controversy that ZTE joined the army of "building cars".

According to Tian Feng, the real makers (automobile factory) is dismissive of the Internet repairer. The automobile industry is proud of conservation while it is an honor for the Internet community to embrace new technology. They are two different views of the world, it is difficult to form a blend.

21st Century Economy Herald reporter learned that ZTE’ s smart car production base in Zhuhai will be constructed in two periods, covering about 1200 acres, which has officially started. Among them, the first- period project is expected to be put into production in 2019, after the completion of the project, the expected value will up to 100 billion Yuan. In five years, ZTE smart cars hope to be the top five in the commercial vehicle market.

The industry has different opinions about ZTE. However, according to the analysis of Xie Fei, the director and deputy general manager of China automotive engineering research institute co., LTD, communication companies represented by ZTE begin to build cars will bring new changes and challenges to the automotive industry.