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May 11, 2021

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Indigenous China expo highlights new energy

By Huang Yixuan | 00:05 UTC+8 May 11, 2021 | Print Edition

Dozens of local brands are displaying their flagship products at the Exposition on China Indigenous Brand, which opened yesterday.

Among them are a number of businesses focusing on new energy.

Universal Energy, a Shanghai-based company founded in 2015, focuses on the renewable-energy industry and specializes in investing, constructing and operating wind power and solar power projects across the world.

In addition to the Chinese mainland market, it has expanded into Kazakhstan, Albania, Vietnam and Western Africa. So far, its grid connection projects and new energy power station construction projects have posted a global total capacity exceeding 760 megawatts.

SAIC Motor, the largest auto company listed on China’s A-share market, is developing new energy and smart vehicles.

It has invested heavily in recent years in NEVs and has built a research and development team of nearly 1,000 researchers, according to the company.

The carmaker has launched NEV models that include sedans, sport sedans, recreational vehicles, sport utility vehicles, light buses and coaches, performing well in both sales and user satisfaction, it said. Last year, sales of its NEVs hit 320,000 units, making it the runner-up in global NEV sales.

In the exhibition hall for Shanghai brands at the Shanghai Exhibition Center, a total of 28 local brands have set up exhibition booths.

They, along with 39 other local brands, are also showcasing their products or services on the expo’s online platform  — 2021 Exposition on China Indigenous Brand Online (http://2021cloud.cibexpo.org.cn/).

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