JB and ZJMY Holding Co (JBZY)

[floridany]

ZJMY HAN Jianfang: Cold Machine Technology Improves Drive Range of EV3.0

Some here might already figure out that this play is about the technology. I already put together a summary of HAN Jianfang's business proposal of 2015.

This article authored by HAN Jianfang was first published on Feb 8, 2017. It has been circulated by many sites. http://auto.ifeng.com/xinnengyuan/20170208/1081947.shtml. Someone posted the link and translation of this article weeks ago but it was lost in translation. It is time for us to revisit it again.

The article is very long and very technical, so I'm not going to translate the whole article, but give summary or digest plus my two cents. It will take several days and multiple posts. So please bear with me.

Electric vehicles have witnessed explosive growth in this century. Four groups: Europe, Japan, the US, and China, all made great effort in the last ten years or so, and have the last charge toward the goal of replacing traditional fuel vehicle with electric vehicle.

Right now, all the world auto giants are aiming to take the EV battleground, and are trying very hard to gain leadership in EV technology. In this race, China replaced the US to take the number one spot of sales of new energy vehicle in 2015, with increased edge in 2016 due to stimulating subsidies from Chinese government. But China's advantage in volume does not come with technology advancement. Chinese auto makers do not have much achievement and breakthrough in the core technology. Europe is the same thing. currently, the EV core technology has two lineages: Japanese and American.

The Japanese lineage or technology route can be called as first generation EV or EV1.0, with Nissan LEAF as an example. The American technology route is examplified by the Tesla Model. The American model is the second generation EV or EV2.0.