Industry dynamics

Dongfeng Motor’s R&D investment to reach 100 billion yuan in 2021-2025 period

Publishtime:2019/08/16 Views:36

Beijing (ZXZC)- On January 23, the first council meeting and industry matchmaking event of the Cross-Strait (Wuhan) Vehicle Technology Innovation Alliance (CSVA) took place in Wuhan, attracting nearly 50 enterprises. Discussions revolved around collaboration in autonomous driving, new energy, connected vehicles, and supporting systems. Dongfeng Motor Corporation presented its latest achievements in technological innovation for the transition to new energy intelligent vehicles.

Dongfeng Motor’s R&D investment to reach 100 billion yuan in 2021-2025 period

VOYAH Dream; photo credit: Dongfeng Motor

During the 14th Five-Year Plan period (2021-2025), Dongfeng Motor's cumulative R&D investment is set to reach 100 billion yuan, with no less than 6% dedicated to the R&D for its wholly-owned brands. 

Dongfeng has completed a 2+1 platform layout in the passenger vehicle sector, introducing three major platforms: M TECH Mengshi Luxury Electric Off-Road Architecture, Dongfeng Quantum Intelligent Electric Modular Architecture, and DSMA Multi-Energy Low-Carbon Energy-Saving Modular Architecture.

In powertrain development, Dongfeng adheres to a technology roadmap integrating super hybrid (PHREV), pure electric, and hydrogen energy. They have crafted the "Mach Power" for passenger cars, "Dragon Power" for commercial vehicles, and "Dongfeng Hydrogen Boat" hydrogen power brand.

In the realm of intelligence, Dongfeng Motor’s Dongfeng Sharing automotive intelligent brand utilizes AI technology, central computing platform, and digitized R&D system to achieve core technology mastery in intelligent cabins, driving systems, vehicle control, and smart ecosystem.

Looking ahead, Dongfeng Motor plans to launch 14 new energy passenger car models under its wholly-owned brands and 10 basic new energy commercial vehicles in the next two years. By 2024, its main self-owned passenger vehicle brands will realize 100% electrification across product lineups, targeting 1 million units in new energy vehicle sales by 2025.