Peilai Beijing set up joint venture with Canadian TM4 company

Beijing Plailai Electric Co., Ltd. and Quebec Hydropower Group TM4 reached an agreement to establish a Sino-foreign joint venture, Beijing Peite Call Drive System Co., Ltd. With the patent and technology license of TM4 and the good reputation of Beijing Peitelai, the new company will be committed to providing high-end solutions for clean green transportation, developing, manufacturing, selling, and servicing electric power in areas such as trucks, passenger Cars, construction machinery, and ships. Drive System. The new company will target its customers in Mainland China, Taiwan, Hong Kong, Macau, Indonesia, the Philippines, Thailand, Singapore and other ASEAN countries.

Beijing Peitelai Electrical Appliance Co., Ltd. was established in March 2001 and is the largest heavy-duty rotating electrical system developer and manufacturer. Its customers include manufacturers of medium- and light-duty diesel engines, large and medium-sized passenger vehicles, medium and heavy-duty trucks, medium and high-end construction machinery, ship engines and generator sets. Beijing Peitelai has an annual production capacity of more than 1 million generators and more than 500,000 starters. In 2011, its sales reached 1.2 billion yuan, of which exports accounted for 10%. The company's products have been directly and indirectly exported to more than 80 countries and regions in the world. In addition, in addition to more than 170 sales service outlets in the country, it also internationalizes its sales and service network. The company currently employs 1,300 people.

TM4 was established in 1998 and was established solely by Quebec Hydro. TM4 pioneered the use of electric drive system technology developed by the well-known Québec Hydro Group R&D Center (IREQ). Today, it provides patented and unique technology electric motors, generators and inverters for the transportation and energy markets in more than a dozen countries. Products include special electric drive systems for electric and hybrid car manufacturers and generators for wind turbine and generator set manufacturers.

“China’s public transportation has grown rapidly, and local governments have clearly stated that they must reduce emissions and improve air quality by integrating more energy-saving technologies into heavy-duty vehicles. Taking into account the size of the market, for us, looking for a strong local The partners are very important,” said Claude Dumars, President of TM4. “Beijing Peiteri’s extensive sales network in the Asian market, excellent reputation and excellent product quality and service, and TM4 first-class patents and The perfect combination of technologies will surely make the joint venture successful in the passenger and truck market."

According to statistics of automobile manufacturers, China accounted for 40% of the world's heavy-duty passenger car production in 2010. Beijing Petrila's rotating electrical products accounted for 85% of China's medium- and heavy-duty buses and 38% of heavy trucks. Beijing Petrila has 23 offices in Asia, 31 regional distributors and more than 170 service outlets.

“We are eager to use TM4's expertise in power electronics, electric motors, generators, automotive controllers, and automotive systems for the future of our customer's products. Over the past 13 years, the successful delivery of TM4 product designs, and the development of Quality, safety and reliability are second to none,” said Zhang Yunlong, president of Beijing Petrila. “We believe this cooperation will play an important role in the development of electric vehicles in China.”