Shenzhen INVT Electric Vehicle Drive Technology
Electric vehicle powertrain systems and EV charging solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | N/A | Post IPO Equity | |
| Total Funding | 000k | ||
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 2 % | 32 % | 36 % | 12 % | (6 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 1 % | 11 % | 10 % | 11 % | 13 % | 11 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (13 %) | 6 % | 6 % | 7 % | 8 % | 7 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 13 % | 12 % | 11 % | 10 % | 9 % | 11 % |
Source: Company filings or news article
Shenzhen INVT Electric Vehicle Drive Technology Co., Ltd. is a specialized subsidiary of Shenzhen INVT Electric Co., Ltd., established in 2014 to focus on the new energy vehicle sector. The parent company, INVT, was founded in 2002, concentrating on industrial automation and energy power, and went public on the Shenzhen Stock Exchange in 2010. The move into the electric vehicle business in 2014 marked a significant expansion of its portfolio.
The company develops, produces, and sells a comprehensive range of products for electric vehicles, including motor controllers, on-board power systems, and EV chargers. Its product portfolio serves both passenger and commercial vehicles and includes drive motors, power assemblies, DC/DC converters, and various charging solutions. The firm operates on a business-to-business model, forging partnerships with prominent automotive brands like Caterpillar, Citroën, Tata Group, Nissan, and Geely Auto.
Significant milestones include achieving IATF16949 certification in 2020 and integrating its e-mobility and charging business units in 2021. The company has received recognition as a "National High-Tech Enterprise" and has been listed among the "Top 100 Core Components for Intelligent Electric Vehicles in China". In 2024, the company began its expansion into the U.S. market by launching its EVC16 AC Elite Home Series charger on Amazon.
Keywords: electric vehicle components, powertrain systems, EV chargers, motor controllers, on-board power systems, e-mobility solutions, commercial vehicle electrification, passenger vehicle components, automotive power electronics, DC/DC converters, sustainable transportation technology, EV charging infrastructure, EV drive motors, power system assembly, AC chargers, DC chargers