About two years ago, the world's amount one billionaire and amount broker Warren Buffet invested in a Chinese aggregation that makes batteries, electronics, cars and solar equipment. He bought a 10% pale in the company, which amount him about $232 million. But today it's admired at about $2 billion. So why Buffet do what he did? Buffet and his business ally accept that both "the auto and activity industries are on the border of a above transformation." They see the able ablaze approaching that electric cars bring. And with that, China plays a big role in accomplishment solar powered electric cars or EVs.
Here are the top 10 electric car manufacturers in China:
#10 China Peace Accumulation Co., Ltd.
This electric car aggregation focuses on the design, production, and business of electric-powered bicycles, motorcycles, scooters, clay bikes, ATVs, go karts, RC CARS as able-bodied as generators.
#9 Jiangxi Hongdu Voyage Industry Accumulation Changzhou Hongdu E-Bicycle Co., Ltd.
The Jiangxi Hongdu Voyage Industry was accustomed in 2001 as an action beneath the Jiangxi Hongdu Aviation Accumulation and Changzhou Yucheng Ele. Co., Ltd.
#8 BYD Auto
Based in Shenzhen, Guangdong Province, BYD Auto was accustomed in 2003 as allotment of the BYD Aggregation Limited, which was founded in 1995. This auto architect is accepted as the maker of 65% of the world's nickel-cadmium batteries and 30% of the world's lithium-ion adaptable buzz batteries. It is aswell this aggregation that Warren Buffet invested into in 2008.
#7 Wuxi Celimo Vehicle Accomplishment Co. Ltd.
Heralded as China's better motorcycle manufacturers, this electric car maker can aftermath 300,000 motorcycles and 500,000 e-bikes anniversary year. Likewise, Wuxi Celimo Vehicle Accomplishment Co., Ltd. aswell articles EVs.
#6 Liuzhou Wuling Motors Co., Ltd.
Liuzhou Wuling Motors Co. Ltd. is a state-owned action group. It was founded in 1996. Today, it is one of the 500 better accouterment enterprises in China. The aggregation is accustomed to accomplish beneath the government of Guangxi Zhuang Autonomous Region.
#5 Interchina Industry Accumulation Co., Ltd
Since 1999, this auto maker has been accomplishment e-scooters, e-tricycles as able-bodied as e-cars. More so, Interchina Industry Accumulation aswell invests in assertive factories in Zhejiang, Jiangsu and Hebei. The aggregation address are in Jiangsu and has an exporting appointment in Shanghai.
#4 Jiangmen Yetong Electric Vehicle Aggregation Limited
This car aggregation is an overseas-funded action accustomed by the admiral of Hongkong Yetong Co., Ltd., Mr. Chan King Luen, who is aswell a above affiliate of Guangdong Political Consultative Conference.
#3 CMEC Suzhou Co., Ltd.
CMEC Suzhou is the primary exporter of abundant EVs, car accessories and equipment. Accustomed in 1987, the auto aggregation is aswell a able oversea activity conductor. Headquartering in Beijing, this car maker aswell has business ventures in parking systems and trains.
#2 Suzhou Eagle Electric Vehicle Manufacturing
Suzhou Eagle Electric Vehicle Accomplishment Co Ltd. is China's arch architect of EVs. Founded in 1998, this electric car maker specializes in the architecture and accomplish of 4-wheel electric vehicles.
#1 Jinhua Golden Eagle Auto Accessories Accomplishment Co., Ltd
Jinhua Golden Eagle Auto Accessories Accomplishment Co., Ltd. is apparently the oldest car aggregation in China. Accustomed in 1967, the aggregation researches and produces a alternation of accouterments products. It is aswell the country's arch all-embracing barter action that lies in Flying Eagle Industrial Zone in West Yongkang abreast the city-limits of Zhejiang.
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