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Wanli Yangzhou: Company Has Developed a Series of New Energy Vehicle Transmission and Drive System Products
Securities Daily News: On March 23, Wanliyang responded to investor questions on the interactive platform, stating that the company has established strong technological, manufacturing, and cost competitiveness in the automotive transmission products for fuel vehicles. The company fully leverages the advantages of product scale and high cost performance, actively expanding domestic joint venture brand customers and international vehicle manufacturers, stabilizing and further increasing the sales volume of its automotive transmission products. Meanwhile, in response to the rising market share of new energy vehicles in China, the company has developed a series of transmission drive systems for new energy vehicles, mainly including EV reducers, electric drive systems, hybrid systems, and others. These products have been gradually mass-produced and launched. With years of accumulated expertise and advantages in automotive transmission products, the company continues to increase its market share in the field of new energy vehicle transmission drive systems.
(Source: Securities Daily)
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