Published On September 16, 2019
Recently, Evergrande (posted a net profit of $10 billion for 2018) New Energy Automobile Group, Germany BENTELER Group, and Germany FEV Group held a transfer ceremony of intellectual property rights of 3.0 chassis structure of new energy vehicles at Evergrande headquarters in Shenzhen. Evergrande has officially acquired intellectual property rights of 3.0 chassis architecture.
Evergrande will significantly accelerate its development of EV products through this deal. Benteler and FEV took three and a half years to develop the chassis, features a modular design and advanced powertrain, suspension, control, and braking technology.
After pushing itself into the EV market in 2018, Evergrande has made a series of deals with European companies to enhance its EV development capabilities.
It was in July when it formed a joint venture in Stuttgart with German automotive powertrain engineering company Hofer to develop powertrains for EVs.
It acquired several European companies this year: National Electric Vehicle Sweden, a Swedish company that bought the assets of bankrupt Saab Automobile in 2012 to build EVs on the Saab 9-3 platform, U.K. electric motor maker Protean Holdings Corp. and Dutch electric motor manufacturer e-Traction.
In June, Evergrande signed agreements with local governments to build major EV plants in the south China city of Guangzhou and northeast China city of Shenyang.
Why does Evergrande paid a lot of money to acquire this property right after so many actions have been taken in the early stage? To solve this problem, we must go back to the development history of the chassis structure of new energy vehicles. New energy vehicle chassis architecture has experienced three stages of technological development:
1.0 chassis architecture is "oil-to-electricity" chassis architecture;
2.0 chassis architecture is pure electric chassis architecture;
3.0 chassis architecture is based on pure electric platform, through modular design, will power system, suspension system, control system, and braking system and other front-end.
Technology highly integrated, 3.0 chassis is the world's most advanced pure electric chassis architecture.
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