New energy showcased at the local brands show
Dong Jun / SHINE
Dozens of local brands displayed their flagship products at the Chinese Indigenous Brand Expo on Monday.
Among them, a number of companies focusing on new energies.
Universal Energy, a Shanghai-based company founded in 2015, focuses on the renewable energy industry and specializes in the investment, construction and operation of wind and solar energy projects across the world.
In addition to the mainland Chinese market, it has developed in Kazakhstan, Albania, Vietnam and West Africa. So far, its projects to hook up to the grid and build new power plants have shown an aggregate total capacity in excess of 760 megawatts.
As a company established under the Belt and Road Initiative and the country’s promotion of energy saving and emission reduction, it has invested in six new energy projects in Kazakhstan, all of which have been included in the list of key projects in China-Kazakhstan cooperation capacity.
SAIC Motor, the largest automobile company listed on the Chinese A-share market, is developing new energies and smart vehicles.
She has invested heavily in NEVs in recent years and has built a research and development team of nearly 1,000 researchers, according to the company.
The automaker has released NEV models that include sedans, sports sedans, recreational vehicles, sport utility vehicles, multi-purpose vehicles, light buses and coaches, performing both in terms of sales and customer satisfaction. users, he said.
Last year, sales of its NEVs reached 320,000 units, making it the second in NEV’s worldwide sales. The figure for the first two months of this year was 88,000 units, the highest in China.
In the Shanghai Brand Exhibition Hall at Shanghai Exhibition Center, a total of 28 local brands have set up exhibition stands.
Along with 39 other local brands, they are also showcasing their products or services on the expo’s official online platform – China Indigenous Brand Exhibition 2021 Online (http://2021cloud.cibexpo.org.cn/) .