New car-making forces have sprung up like mushrooms after a rain in the past few years. After subsidies and survival of the fittest, what is the current situation of these new forces? Should we leave a place in the fierce competition, or are we already facing the brink of being eliminated? We have selected some of the more "low-key" new car-making brands that have been recently "slowly" to review and investigate to see how they are "recently". This issue is about to review Changbu Auto from Jiangxi, a car brand you may not even read.
What is the origin of Changbo Auto?
knocked on the blackboard! Knocking on the blackboard! The two words Changwu are indeed a bit uncommon. The correct pronunciation is: chang wei, both of which are pronounced as the third tone. Changbu Automobile was registered and established as early as 2011, with its headquarters in Hong Kong, China. It has invested and built a factory in Ganzhou, Jiangxi, and its design and R&D center is in Milan, Italy. The predecessor of Changbu Group was Motomax Company. It initially specialized in manufacturing and selling power tools and was listed on the Taiwan Stock Exchange in 2001. After years of accumulation, it has mastered professional knowledge on electric vehicle research and development and manufacturing. In addition to electric vehicles, Changbu is also involved in the field of biotechnology. The founder, chairman and chairman of
company is Shen Wei. He has more than 30 years of experience in high-tech enterprise management, private equity funds and venture capital. He has held executive positions in many Asian listed companies.
Changbing Automobile Chairman Shen Wei
Changbing Automobile has a strong team of design and R&D centers in Europe. Chief Technical Consultant Dr. Peter Tutzer, who has more than 35 years of experience in the automotive industry and has participated in the engineering design of Bugatti Veyron; Chief Engineer Markus Leder, who has worked in the top OEM company in Germany, has also participated in the automotive research and development of BMW, Mercedes-Benz , Volkswagen ; Chief Designer Mihai Panaitescu, who has served as the chief designer of Ares Performance, the design director of Lotus Automobile and Toyota Automobile.
Chief Designer Mihai Panaitescu
A "returnee" car company
Since its establishment in 2011, Changbu Auto has been around for 8 years. Strictly speaking, it is not a "new" force in car manufacturing. But Chang Teng is very low-key and has been in a state of "retreatment practice", and his focus has always been on the European market. He has only returned to the domestic market in recent years and is also considered a "returnee". Four years after its establishment, Chang Bing debuted at the Frankfurt Motor Show in 2015 and exhibited its first concept car. In 2017, the first mass-produced car was released in Beijing, and in the same year, the TP-01 prototype and SUV models were launched at the Frankfurt Auto Show. Changfeng has also been independently developing three-electric and chassis technology, with more than 200 patents.
Changbo SUV model
At present, Changbo's first model TP-488C (temporary name) is available for pre-order, and the estimated price is around 500,000 yuan. According to senior executives of Changbing at the beginning of the year, the total number of orders for the car worldwide has exceeded 25,000 units, of which the order volume in overseas markets accounts for the majority.
TP-488C is a high-end performance pure electric sedan with a comprehensive range of 650km and a maximum speed of 250km/h. It can exceed 100 in 3.2 seconds. It was previously expected to be launched at the end of this year and delivered in small batches.
Changbing has also had a series of actions in Europe. In early July 2018,Changbingbing reached an agreement with the Belgian Wallonia government to receive capital injection, and also obtained land and factory rental and future land purchase rights at preferential prices, investing and building factories locally and creating nearly 4,000 jobs.
In November 2018, Changbo reached a cooperation with the Belgian SOGEPA fund, with a total investment of 175 million euros in the first phase. He set up an electric vehicle R&D center and factory in Belgium and developed and manufactured a pure electric vehicle model specially designed for the European market. This model is positioned as a small urban electric vehicle with a range of 350km. Its compact body can meet the travel needs of European consumers. Its first batch of mass-produced vehicles are scheduled to be assembled and offline in 2020, with an annual output of 10,000 units and an annual output of 30,000 units in the second year.
Briefly review the development history of Changbeng Automobile:
2011---founded by the founder Shen Wei,
2015---The design and R&D center in Milan, Italy began to operate; in the same year, the concept car was unveiled at the Frankfurt Auto Show at the Frankfurt Auto Show at
2016---The joint venture agreement with the Gannan Foundation to establish an electric vehicle factory in Ganzhou
2017---The production and testing sample car of Changbeng Ganzhou was completed; in the same year, he participated in the Frankfurt Auto Show again
2018---The investment in Belgium sovereign fund SOGEPA accelerated its globalization strategic layout. What is the current situation of
?
Changbo Auto originally planned to obtain dual qualifications in 2017, but at present, only has the production qualification of the Development and Reform Commission, and has not yet obtained the access qualification of the Ministry of Industry and Information Technology. Its electric vehicle manufacturing base located in Ganzhou, Jiangxi Province, China covers a total area of 1,020 acres. The trial production workshop was completed at the beginning of this year, and the production capacity of the first phase of mass production plant is 100,000 vehicles.
The first mass-produced car has now entered the trial stage and adopts the semi-automatic assembly mode. After entering the mass production stage, fully automatic assembly will be adopted to increase production capacity. It is estimated that the annual output of the first phase of the project can reach 100,000 vehicles by 2020. The long-term production capacity is planned to complete the construction of the second phase of mass production workshop in 2024, with a production capacity of 200,000 vehicles per year, and the vehicle production process is completed in Ganzhou. In addition, Changbu Auto has conducted in-depth cooperation with the Chongqing Tongliang government. In the future, Changbu Auto will have its own motor factory and may become a motor supplier to other manufacturers.
Since it has not yet obtained the production qualifications of the Ministry of Industry and Information Technology, domestic factories have not entered mass production status. Regarding production qualifications, Chang Bing's senior executives once said in an interview that they would not take shortcuts and waited for the approval door to be opened again. However, relevant people revealed that it is difficult to take the customs clearance path of qualification approval, and can only turn to OEM or acquire qualifications. There is no news at present that Chang Bing is looking for OEM or acquires existing qualifications. Therefore, the possibility of the first model of being launched and put into production by the end of this year is almost zero. There is no news about the latest progress of foreign (Belgium) factories.
Changwei Ganzhou factory
learned on Tianyan Check that in March 2019, Ganzhou Changwei New Energy Vehicle Co., Ltd. officially registered a Ganzhou Changwei Automobile Trading Co., Ltd. In May 2019, Changbing Auto officially stated that it would release a new brand in the second half of the year, and the first flagship store will be established in the country soon. But it is November and there is still no movement. It is understood that this time node will postpone to in the first half of 2020.
From the information on major recruitment websites, Ganzhou Changfeng New Energy Vehicle Co., Ltd. is currently recruiting related employees, mainly technical engineers, and the latest updated recruitment date is August this year. This shows that the Ganzhou factory is still operating, but it is impossible to mass-produce vehicles.
At the end of 2018, Shen Wei, chairman of Changbing Automobile, once revealed to the media that Changbing Hong Kong Company plans to conduct an IPO on the Nasdaq in the United States or Hong Kong in China in 2020, but there is no more latest news on this regard at present.
Summary
For a number of new car-making forces, capital is still the biggest problem. Car-making is a very expensive thing. Changbang Automobile, founded in 2011, can get to the present "low-key". It does have certain skills, at least money is enough to spend. But for now, if you want to further financing or IOP list, production qualifications are the primary issue that Chang Bing must solve.