Beijing CAVAN New Energy Vehicle

Beijing CAVAN New Energy Vehicle

Fuel cell systems and core components for intelligent new energy commercial vehicles, building a zero-carbon ecosystem.

HQ location
Dongcheng District, China
Enterprise value
$660—990m
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Beijing Cavan New Energy Automobile Co., Ltd. is a joint venture established in 2022 between Foton Motor and Bosch. This collaboration brings together Foton's expertise in commercial vehicle manufacturing and Bosch's leadership in automotive components and systems, with a strategic focus on the new energy vehicle sector.

The company specializes in the development of fuel cell systems and core components for a new generation of intelligent, new energy commercial vehicles. The business model is centered on creating a comprehensive, zero-carbon ecosystem that spans the entire value chain of new energy commercial vehicles. This includes not only the manufacturing of vehicles but also the provision of related ecological services, aiming to offer a holistic and sustainable solution to the commercial transport industry.

Cavan Auto is committed to advancing the technology of new energy vehicles, with a particular emphasis on fuel cell electric vehicles (FCEVs). Their product development is based on an intelligent new energy exclusive vehicle platform architecture, designed to be the foundation for a new line of commercial vehicles that are both environmentally friendly and technologically advanced. The company serves the commercial vehicle market, providing solutions for logistics, transportation, and other industries that rely on commercial fleets.

Keywords: new energy vehicles, commercial vehicles, fuel cells, electric vehicles, zero-carbon, intelligent vehicle platform, joint venture, automotive components, sustainable transport, vehicle manufacturing

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