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Position : Home>>news >> Parts News>>FAST electric drive products’ sales increased by 260% YOY in first half 2022

FAST electric drive products’ sales increased by 260% YOY in first half 2022

Date:2022-07-25 Author:Eric Source:www.chinaspv.com

July 25, 2022, Shaanxi, China, As a comprehensive solution provider for commercial vehicle transmission systems, FAST has made positive contributions to the supply of new energy products. In the first half of 2022, the sales volume of FAST electric drive new energy products increased by more than 260% year-on-year.

For the operation scenarios of new energy products, FAST adheres to the development of personalized products to fully meet the high-end needs of users. Currently, it is fully supporting more than 60 mainstream heavy truck enterprises in China.

From trucks, buses to construction machinery, from pure electric to hybrid power transmission systems, FAST new energy products have formed a large-scale, full-coverage development pattern, helping to implement the "dual carbon" strategy.

In Tangshan, more than 400 units vehicles equipped with FAST new energy products are in operation, which are generally well received by users. According to Liu Ruibin, a user in the Ordos mining area, the wide-body mining truck equipped with FAST new energy system has been used for several months and has withstood the test of severe working conditions. It is estimated that each vehicle can save 430,000 yuan per year compared with the same level of fuel mining vehicles, and the overall cost is reduced by 74%.

In the future, FAST will precisely focus on the "dual-carbon" transformation path, actively carry out frontier technology reserves such as steering-by-wire, predictive driving, and ECVT, accelerate the innovation and research and development of new products, and actively lead the industry towards digital, green and intelligent development.
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