Shanghai, 20th June 2021: Weibang Transmission, a JV between Punch Powertrain and XPT, received the distinguished accolade as the Top Reducer enterprise at NE Times’ Global xEV Electric Drive System Technology and Industry Conference on June 17, hosted in Shanghai Jaiding.
The Global xEV Electric Drive System Technology and Industry Conference, held in Shanghai from June 17th to 18th, was a unique forum wherein 450+ companies across the globe, 500+ VIP guests joined the leading experts in the electric drive industry, and NE Research Institute senior specialists to discuss on the key trends, leading technologies, and development of NEV electric drive system industry. The conference was accompanied by the awards ‘Top 50 list of China’s electric drive industry chain’, including multiple sub-categories. Weibang got adjudged as the Top Reducer enterprise during these awards.
“We endeavour to deliver solutions that will address the challenges of our customers while continuing to focus on product up-gradation to meet the market demands and adapt to technology development direction. We are thankful for the industry for acknowledging our efforts through this award, and it further motivates us to continue our drive toward contributing to China’s future of mobility,” said XXX, Managing Director, Weibang Transmission Technology.
Weibang currently supplies ET2 – a high-performance single-speed reducer of a new electric drive system that is equipped in various NIO and Byton Byte models. The product line covers 3200-4400 Nm with a center distance of 170-200 mm and a speed ratio of 9.5 – 10.5. ET2 continues to receive excellent product feedback and high customer satisfaction.
ET2 – Product Features & Benefits:
- High efficiency -average efficiency >97%
- Lightweight <25kg
- Flexible installation Angle
- Support front and rear drive layout
- High NVH quality with improved vehicle driving comfort
- Extensive customization options – custom gear ratios, customer e-motors, divergent form factors and optional e-park mechanisms
About Global xEV Electric Drive System Technology and Industry Conference:
The two day conference was arranged by NE Times, which focuses on new energy automotive industry and technologies surrounding NEV in China. The event concentrated on pure electric and hybrid electric drive systems, focusing on energy saving, high voltage, high speed, OTA and other technologies, tracking key materials and power devices.
The evaluation criteria for Top 50 list of China’s electric drive industry chain: Market Share | R&D Strength | Future potential | Capital Strength
Punch Powertrain and XPT created the Weibang JV on May 5, 2018, with the purpose of supplying Electric Propulsion Systems to customers of both partners. Within one year of its foundation, the JV completed a state-of-the-art production facility accommodating two production lines. The launch of highly NIO ES6 marked Weibang’s first customer to launch commercially in the market.
For Punch Powertrain, this launch also represents an entry in the Chinese EV market, where the company has established its firm reputation with the it CVTs.
Weibang Transmission Technology plans to invest in new product research and development to support the customers’ challenges and will continue to leverage the know-how of its founding partners to develop solutions that will positively contribute towards future of mobility in China.