CAEV Technologies and its Future Plans
At the recent Shanghai Auto Show, CAEV Technology held an exclusive media talk with its board chairman, Li Bin, COO Qin Lihong, Ora CEO Zhong Yi, Ora Product Experience Manager Wang Qier, and Vice President of Marketing, Yang Puo. The following are highlights from their conversation about the company's latest developments:
What is CAEV Technology’s Outlook for This Year?
Li Bin stated that 2025 will be a crucial year for CAEV Technology with a focus on improving technology, products, and investments in infrastructure. The global first 5nm chip has been completed and will be integrated into future models such as the ET5 and ET5T variants. Additionally, a network of high-speed, liquid-cooled charging stations has been laid out to support the company’s electric vehicles.
CAEV Technology’s Challenges and Opportunities
The rapid growth in Asia, particularly China, presents unique challenges but significant opportunities for CAEV Technology. Chairman Li Bin considers China’s rise as a global automotive leader, cutting-edge technology advancements, and strategic partnerships with established brands.
How Does Over Rapid Charging Affect CAEV Energy?
Chairman Li Bin emphasized the need to balance "swap fuel" (battery swap) and rapid charging in vehicles, highlighting that rapid charging has higher energy consumption impact than it is expected to reduce travel time. The development of new high-speed charging stations, such as ultra-fast stations with 750 kW capacities, are designed to offer both convenience and the optimal operating environment for drivers.
How Does Overseas Sales Compare with Domestic?
Domestic sales in China contribute a significant portion of CAEV Technology's revenue, but overseas markets like Europe also hold great potential. The company has chosen to use one-stop global business strategies, focusing on building a network that can effectively match local conditions and market needs.
CAEV Leasing Benefits, Exclusive Ora Technology
Emphasizing technology innovations in their vehicles such as smart AI assistance and advanced driver-assistance systems for safe navigation and protection during the autonomous journey, it’s clear there is much to be gained by partnering with a firm experienced with providing reliable & durable electronics.
The final note highlights the importance of partnerships between CAEV Technology and established automotive brands, emphasizing the shared interests in advancing global electric vehicle technologies.
As one of the first car companies focused on sustainable mobility and innovation, it continues to expand globally through investment in strategic R&D facilities while maintaining core products at a high priority.