On September 2, Laoshi Baoshi New Energy Vehicle System Integration Co., Ltd. opened in Jintan District, Changzhou City. This is the second phase of the project invested by the German Lausch Bausch Group in Jintan. After the base is fully put into operation, it will have a production capacity of 100,000 sets of fully active suspension systems per year, and will become the core supplier of Cyrus Motors. Lausch Bausch is headquartered in Selb, Bavaria, Germany. It has more than 70 years of experience in developing solenoid valves and 35 years of experience in supplying auto parts. The air suspension solenoid valves it produces account for 80% to 90% of the global market and are the “invisible champions” in the segment. Labor Insurance's sales in 2022 are about 5 million yuan, and in 2026 it is expected to be close to 900 million yuan — an increase of nearly 200 times in 4 years. Wang Zinan, CEO of Lausch Baosch China, revealed that the company's current orders this year exceeded 1 billion yuan, supplying more than 90% to the domestic market. The company continues to cultivate China's new energy market and accelerate the localized R&D process. In the future, more products will be produced in China and supplied globally.
Zhitongcaijing · 2d ago
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On September 2, Laoshi Baoshi New Energy Vehicle System Integration Co., Ltd. opened in Jintan District, Changzhou City. This is the second phase of the project invested by the German Lausch Bausch Group in Jintan. After the base is fully put into operation, it will have a production capacity of 100,000 sets of fully active suspension systems per year, and will become the core supplier of Cyrus Motors. Lausch Bausch is headquartered in Selb, Bavaria, Germany. It has more than 70 years of experience in developing solenoid valves and 35 years of experience in supplying auto parts. The air suspension solenoid valves it produces account for 80% to 90% of the global market and are the “invisible champions” in the segment. Labor Insurance's sales in 2022 are about 5 million yuan, and in 2026 it is expected to be close to 900 million yuan — an increase of nearly 200 times in 4 years. Wang Zinan, CEO of Lausch Baosch China, revealed that the company's current orders this year exceeded 1 billion yuan, supplying more than 90% to the domestic market. The company continues to cultivate China's new energy market and accelerate the localized R&D process. In the future, more products will be produced in China and supplied globally.
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