Shanghai Ecar Technology Co., Ltd.

1. Company profile:
Founded in 2017, Shanghai Ecar Technology Co., Ltd. has been committed to the R&D and batch manufacturing of autonomous vehicle and autonomous vehicle drive-by-wire chassis, with an annual output of 5,000 autonomous vehicle per shift in the assembly plant.

Our team is composed of senior automotive R&D and management talents, senior autonomous vehicle engineers and Internet talents, aiming to be the world leader in autonomous vehicle and autonomous vehicle drive-by-wire chassis. Our company has the completely original development capability from conceptual design, sample development to batch manufacturing, focuses on engineering testing and implementation, and takes the lead in adopting automotive-grade parts on a large scale in the field of autonomous vehicle to ensure the consistency and reliability of products.

The drive-by-wire chassis products of our company have undergone more than ten iterations. At present, there are a number of mature platform-based drive-by-wire chassis products, which are suitable for unmanned express delivery, food delivery, security patrol, plant logistics, cleaning, new retail, and other scenarios. The drive-by-wire chassis products have been supplied in batches to leading domestic Internet companies, autonomous vehicle companies, scenario operation companies, etc., and have been widely acclaimed by customers.

2. Company value

2.1 Economic benefits
The intelligent factory is a digital mobile platform that produce and manufacture L4 level unmanned driving and loading vehicles, providing unmanned trolleys for domestic terminal distribution scenarios.The construction of full-automatic intelligent production lines will improve the product quality and accelerate the inventory turnover rate (the rate is accelerated and the turnover days will be decreased), reduce the production cost (the gross profit rate is expected to increase by 10%), and decrease the operating capital (the operating capital ratio will be decreased and maintained at 25% through the sales cooperation).

2.2 Driven force of the industrial chain
The construction of the intelligent factory has brought opportunities for the introduction of high-end talents in Jiading District, Shanghai, and promoted and cultivated the driving force of the whole industrial chain. As the size and structure of autonomous vehicle is fundamentally different from the traditional vehicle, it is impossible to replicate the supply chain system of auto factories. The digital intelligent factory project can effectively cultivate the digital management level of the new industry chain.

2.3 Influence and demonstration effect
Autonomous vehicles in terminal scenarios can effectively mitigate the challenge between the increasing delivery volume and the shortage of delivery personnel in the unmanned delivery industry. In recent years, with the elimination of safety personnel for autonomous vehicles, the great drop in cost of sensors and cameras for main components, as well as the maturity of autonomous driving algorithms, the unmanned vehicle industry is at the time of explosive growth.

2.4 Social benefits
Man-machine combination is the main autonomous vehicle mode in the future. Autonomous vehicles and intelligent manufacturing-related projects are the best solutions at present, addressing multiple pressures such as the increasing demand in terminal distribution, the persistence of distribution pain points, and the continuous decline of labor force.