Company Milestones

2009
2016
2016
2021
2021
2022
2023
2024
2025
2025
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2009

Automotive BU established

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2016

Suzhou Inovance Automotive Co., Ltd. established

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2016

100,000 inverters produced cumulatively

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2021

1 million inverters produced cumulatively

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2021

100,000 eAxles delivered cumulatively

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2022

Sustainability Committee established, focusing on corporate social responsibility (CSR) and carbon emissions

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2023

Annual production of eMotors and inverters each exceeded 1 million units

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2024

Annual production of combined charging systems (CCS) exceeded 1 million units

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2025

Inovance Automotive listed on ChiNext of Shenzhen Stock Exchange

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2025

Annual production of eAxles exceeded 1 million units

Product Iteration

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2013
2015
2017
2021
2022
2022
2023
2023

Developed integrated die-cast inverter for commercial vehicles

Developed integrated die-cast inverter for passenger vehicles

Inverters and DC/DC converters passed ISO 26262 functional safety certification

PD41 with high-voltage SiC module entered mass production

CCS V2G technology achieved full-power bidirectional wide-range output

Ultra-high power density power modules rolled off the line in batch

800 V 25,000 RPM eMotors successfully developed

Bidirectional DC/DC + wide-range DC/DC developed for vehicles without low-voltage battery

Headquarters & Plant Construction

2021

Changzhou plant construction started

2022

Hungary plant construction started

2022

Phase II of Changzhou plant started

2024

Thailand plant officially put into production

2024

Suzhou production base project of Inovance Automotive commenced

2025

Inovance Automotive headquarters construction started

Continuously reshape the form of power to explore farther places
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