Suzhou Higer Electronic Control

Suzhou Higer Electronic Control

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HQ location
Jiangsu, China
Website
Launch date
Employees
Enterprise value
$33—50m
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Established in April 2010, Suzhou Higer Electronic Control Co., Ltd. operates as the state-owned platform for R&D and manufacturing within the new energy vehicle sector of Suzhou Chuangyuan Investment Development (Group) Co., Ltd. The company was initially formed to support the new energy bus initiatives of King Long United Automotive Industry Co., Ltd. (Higer Bus) before broadening its scope to the wider new energy vehicle components market. In September 2023, the company underwent a shareholding reform and was renamed from Suzhou Higer New Energy Vehicle Electronic Control System Technology Co., Ltd. to Suzhou Higer Electronic Control Co., Ltd.

The firm's business model is centered on the research, development, production, and sale of core components for new energy vehicles. Its main offerings include vehicle controllers, motor controllers, in-vehicle high-voltage controllers, and intelligent integrated controllers. The company serves a diverse market that includes manufacturers of passenger cars, light-duty commercial vehicles and logistics vans, buses, heavy trucks, and construction machinery. Revenue is generated through the direct sale of these components to vehicle manufacturers and aftermarket services. The company's strategic collaborations with universities like Shanghai Jiao Tong and Zhejiang University have been instrumental in its technological advancements. By 2020, the company had achieved an operating income of 80.17 million yuan.

A key product is the multi-in-one motor controller, which integrates several critical components such as the main motor control unit (MCU), auxiliary drive motor controllers, a voltage converter (DC/DC), and a power distribution unit (PDU). Another significant offering is its three-in-one onboard charging system (CDU), which combines the onboard charger (OBC), DC/DC converter, and PDU, designed for high performance and reliability. The company has developed a comprehensive intellectual property portfolio, earning the designation of a national high-tech enterprise and a "Little Giant" firm, a title awarded to promising small and medium-sized enterprises. Over the years, it has received numerous accolades, including technology and science awards from Shanghai and Jiangsu province, and has been recognized as a demonstration enterprise for scientific and technological reform.

Keywords: new energy vehicle components, vehicle control unit, motor control unit, high-voltage controllers, electric vehicle systems, powertrain solutions, Suzhou Higer, Chuangyuan Investment, automotive electronics, e-mobility components, EV controller, HEV controller, integrated control systems, commercial vehicle electronics, electric bus components, automotive component manufacturing, power distribution unit, onboard charger, DC/DC converter, intelligent vehicle control

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