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In recent years, China’s bus industry has maintained a fast growing momentum. Now, China has become the biggest bus manufacturer in the world. However, one embarrassing situation confronted China’s bus industry is that the business vehicle market which primarily caters to the needs governments, big businesses and high-end travel industry, is still dominated by bus brands from Japan. Now, Japanese bus brands holds over 40% of the business vehicle market. To transform itself from the biggest bus manufacturer to the strongest one, China must take up the challenge to strengthen its presence in the business vehicle market.
Zhongtong, as one of the leading bus makers in China, has been constantly making breakthroughs in South America, Africa, Southeast Asia, the Middle East, the Central Asia, Russia, and European & US market. Also, as the No.1 player in China’s new energy bus industry, Zhongtong launched the research and development work of 7 series business vehicles in 2014.
After two years’ hard work, Zhongtong officially revealed its 7 series electric business vehicle E07 and C07 at Liaocheng Development Zone, Shandong on June 14. Journalists from 60 plus mainstream media from both home and abroad witnessed the debut of Zhongtong’s new business vehicle models. Sun Qingmin, General Manager of Zhongtong, made a keynote speech on the day of the release. Setting high expectations for 7 series business vehicles, Sun Qingmin says they are highly competitive in the international market and are ready to push the bar of Chinese business vehicle to a new historical level.
Targeted at the government staff transportation, business reception and group tourist transportation, Zhongtong 7 series business vehicles features high fuel economy, high environmental friendliness, high safety standards, and powerful performances. VIP business desk, negotiating table, refrigerators, business chairs, recharging ports, air purifiers, and on-board WIFI are all made available for customers to suit their special needs.
Independently developed by Zhongtong, electric E07 boasts a maximum speed of 115 km/h. After being fully recharged, it is able to drive over 250 km continuously. C07 is powered by diesel. If needed, it can also mount gasoline-powered driveline. Both priced at 650,000 RMB, Zhongtong E07 and C07 are extremely competitive in the global business vehicle market.
Presently, Zhongtong boasts total assets of seven billion RMB and nearly 4,000 employees. Equipped with the internationally competitive bus manufacturing facilities, the bus maker is able to roll out 30,000 units energy efficient and new energy buses each year. In 2015, Zhongtong produced and sold 17,000 units buses. Its sales volume of buses measuring five-meters in length and above ranked the third in the industry. In addition, the company’s sales volume of new energy buses broke the threshold of 10,000 units, ranking the second place in the industry. In the first five months this year, Zhongtong registered a sales volume of 5,200 units new energy buses, accounting for 20% of the overall market. It successfully beat its rivals and became the No. 1 player in China’s new energy bus industry.