CRRC TIMES ELECTRIC VEHICLE CO., LTD, ( former Hunan South Railway Times Electric Vehicle Co., Ltd) was called CRRC for short and established in July 2007, with registered capital RMB 160 million, by Zhuzhou electric locomotive research institute of CRRC, Tinghua university, Sany group and other superior resources stock companies. CRRC is the first domestic high-tech enterprise professionally engaging in electric vehicle R & D. and introduces the rail transportation electric transmission, control technologies into new energy vehicle field, and has formed a whole industry chain platform of new energy vehicle from IGBT components to driving electric motor, battery management system and other key parts, as well power system platform and vehicle manufacturing. CRRC has a heart of environmental protection, new energy vehicles with zero emission and friendly environment and have become an important business card to show China's development achievements to the world after speed train. The company has seven production bases in Zhuzhou, Changde, Wuxi, Ningbo, Chongqing, Guangzhou and Shijiazhuang, and its products are wildly used in public transportation, road, enterprises, tourism, urban logistics and other fields.