The company was founded in 2007 and is headquartered in Beijing. It is one of the country's first high-tech enterprises, the first listed independent automobile design company in China, and the leading independent automobile design brand in China. The main business is vehicle R&D, core component R&D and manufacturing, and new energy vehicle research and development. The company is a forward-looking technology-driven technological innovation enterprise whose main business is full-process R&D of vehicles and vehicle platforms, development of intelligent new energy platforms, and R&D and manufacturing of core components. The company's main products are electromagnetic DHT, speed reducers, range extenders, electromagnetic clutch modules, electromagnetic power disconnection mechanisms, electromagnetic differential locks, V6 engines (first generation), V6 engines (second generation), 150kW/180kW methanol extenders, and 150kW natural gas range extenders. The company received honors such as 2018 China's Top 100 Innovative Enterprises, Asia (Industry) Top Ten Innovative Brands, and Beijing Science and Technology Research and Development Institute. It has received honors such as a national high-tech enterprise and an innovative small and medium-sized enterprise in Tianjin.
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