With the rapid development of the new energy vehicle industry, the market for production equipment of Chinese hairpin stator motors is growing rapidly. Currently, it is mainly divided into two categories: domestic equipment manufacturers and foreign-funded equipment manufacturers. Since 2020, domestic equipment manufacturers have successively overcome the technical bottlenecks in the production of hairpin stator motor equipment, and the order volume of stator production lines has grown rapidly, significantly increasing the domestication rate of stator production equipment. NEVEM Intelligent Technology (Shanghai) Co., Ltd. (referred to as "NEVEM ") has become a shining star in the industry with its outstanding R&D capabilities and innovative spirit. NEVEM focuses on the research and manufacturing of production equipment for new energy vehicle drive motors, and has been awarded honors such as "National High-tech Enterprise," "Shanghai Science and Technology Little Giant Enterprise," and "Shanghai Specialized and New Enterprise."
During the period from 2022 to 2023, the top five manufacturers of stator production lines in the Chinese hairpin stator motor production equipment market accounted for over 75% of the total market, with NEVEM's market share increasing year by year. It ranks among the top three in all hairpin stator motor production equipment manufacturers, with a Chinese market share of over 20% in the field of hairpin stator motor production equipment. Recently, NEVEM has reached cooperation with Enterprise Knowledge Innovation Space to further strengthen its R&D and manufacturing capabilities.
Leading the development of the new energy vehicle drive motor industry
Since its establishment in 2018, NEVEM has been focusing on the research and manufacturing of production equipment for new energy vehicle drive motors, covering various aspects such as technical consultation, process development, sample trial production, and equipment customization. Its products are widely used in the manufacturing of core components of new energy vehicles. NEVEM has basically achieved self-research in both hardware and software, helping itself and its partners maintain a leading position in the industry through technological breakthroughs.
NEVEM believes that R&D and technological innovation are the core competitiveness of the enterprise, with an average annual R&D investment exceeding tens of millions. The company's flexible solution for production line design not only improves the compatibility of the production line, shortens the delivery cycle, and reduces costs but also effectively improves the quality of the production line. In addition, NEVEM's self-developed X-PIN technology, high-speed laser welding and multi-layer synchronous twisting technology, 3D scanning system, and high-precision zero-point calibration system give its products significant competitive advantages in the market.
In terms of market operation, NEVEM has demonstrated its unique strategic vision and market insight. From 2021 to 2022, NEVEM made significant progress in the standardization and modularization of hairpin stator motor production equipment, with a modularization rate of core equipment reaching as high as 90%. This greatly shortened the equipment delivery cycle, improved equipment quality, and reduced manufacturing costs. This not only meets the market's demand for efficiency but also enables NEVEM to quickly respond to market changes, adjust production plans in a timely manner, and meet the specific needs of different customers. The company maintains close cooperation with well-known domestic and foreign host manufacturers and motor manufacturers such as Dongfeng, Jinkang, NIO, CRRC, and Fangzheng Motors. In the past three years, sales revenue has been steadily increasing, reaching over 246 million yuan by 2023.
Joining hands with Enterprise Knowledge Innovation Space, NEVEM accelerates technological innovation
For the long-term development of the enterprise, NEVEM chooses to cooperate with Enterprise Knowledge Innovation Space to deeply empower the enterprise's technological innovation capabilities. As a scientific and technological innovation management big data platform, Knowledge Innovation Space provides NEVEM with comprehensive scientific and technological innovation solutions. With the capabilities of big models, Knowledge Innovation Space can help NEVEM efficiently manage R&D projects, protect intellectual property rights, match innovative resources, intelligently recommend precise customers, and help the enterprise further enhance its core competitiveness, ensuring its solid leading position in the fierce market competition.
Looking ahead, NEVEM will advance together with Knowledge Innovation Space, deeply cultivate the field of new energy hairpin drive motor stator equipment, and further strengthen its R&D and manufacturing capabilities. By continuously pursuing technological innovation, improving product quality, expanding market share, NEVEM aims to achieve sustained high-speed growth and become a global leader in the field of new energy vehicle drive motors, providing global customers with higher quality products and services.