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Nanjing Hengtian Lingrui Automobile Co., Ltd. is headquartered in Lishui District, Nanjing City, with a total investment of 5 billion yuan and an area of 750 acres; a high-tech enterprise and a national-level specialized and special new enterprise.
The products cover electrification platforms, complete vehicles, battery packs, motors, and vehicle control systems. Covering all scenarios of commercial vehicles, with excellent three-electric performance, it provides a complete electrification solution from system to vehicle level.
The company conducts complete electrification solutions and product development in multiple application scenarios such as new energy heavy trucks, full range of new energy buses, pure electric airport equipment, pure electric loaders, mining electric explosion-proof vehicles, etc., and has formed a series of products and Sold in bulk to major global regions such as Asia, Europe, and Africa.
In the past two years, the company has made significant progress in overseas markets, and its products have won the trust of many countries and customers. Among them, there are 300 pure electric city buses in the Korean market, with an order value of 880 million yuan, 500 Spanish Sprinter models, with an order value of 160 million yuan, 310 electrified platforms in India, with an order value of 300 million yuan, and 270 electrified platforms in the Middle East, with an order value of 160 million yuan. The amount is 350 million yuan, and there are 38 airport shuttle buses, with an order amount of 24 million yuan.
In 2023, Hengtian Lingrui will achieve operating income of 820 million yuan, a year-on-year increase of 193%. The business target for 2024 is 2 billion yuan. In the next three to five years, the company’s bus electrification platform business plans to reach US$1 billion. Within five to eight years, the entire heavy truck business will reach US$1 billion. After eight to ten years, the construction machinery and road vehicle business segments will reach US$1 billion. It also needs to reach 1 billion US dollars. At the same time, the company will further explore overseas markets and plans to develop 10 strategic customers (annual sales exceeding US$50 million) and 50 important customers (annual sales exceeding US$10 million) within 3-5 years.
