JB and ZJMY Holding Co (JBZY)

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ZJMY's Battery and EV Technology

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http://wenku.baidu.com/view/cbc57af36394dd88d0d233d4b14e852458fb397e.html?from=search

But unfortunately, in the global context, derived from the hands of the traditional car business, electric vehicles have not have a firm foothold in the taxi market . The main reason is: 1, mileage is too short, after a charge can not run a shift, and can not go to the far destination; 2, charging time is too long, seriously affecting the normal business of the taxi; 3, battery attenuation is serious, about 20% per year damage, or even higher, and 4, the battery is expensive, resulting in the situation that vehicle prices are too high and the replacement of the battery costs are too high, the price is far more than the competition of the fuel car. These four shortcomings make all the electric taxis that are in operation are lame ducks, whether it is a taxi driver or a taxi company, only to get additional policy concessions or monetary subsidies are willing to go on, so that the electric taxi to become the government's continued burden to spend taxpayer money in exchange for the "image project", seriously affected the reputation of electric vehicles.

It can be said that among all well-known car companies' electric car products so far no one can meet the requirements of the taxi market, whether it is Japan's Nissan LEAF or many brands in China. This provides a disruptive opportunity for new technology to emerge. Since 2009, a little-known technical team began their journey of the electric car technology research and development, after 6 years, with investment from three angel investors one after another, with less than 50 million yuan of R & D funding, successfully developed a new concept of electric vehicles and ancillary products, and finally completed a new electric vehicle technology system, and this technology system can be a perfect solution to the four major technical problems of electric vehicles, to create a cost-effectiveness and operating model comparable to the fuel cars on the same stage of competition. This is the genesis of technology of Wuhu Huabao Electric Vehicle Co., Ltd.

Wuhu Huabao Company is a newly established micro-company, no brand, no money, no market presence, but it has something both domestic and foreign auto companies don't have: the accumulation electric vehicle technology system out of 6 years research and development started from battery characterization. These technical results can be summarized as the four "killer maces", enough to make big stride in the electric taxi market, and then take on the entire electric car market.