W-Ibeda Increases Sales of NEV Powertrain Test Equipment and Services

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W-Ibeda Shanghai China sales NEV powertrain test equipment services growth W-Ibeda company overview development engineering manufacturing fuel system spark plug test equipment Engine test bench transmission reliability test bench TDI engine fuel system test bench engine electric test bench engine NVH offline test bench SAIC Group FAW SAIC GM GAC Honda Changan Ford Changan Mazda Dongfeng Group Foton Motor JAC Motors Chery Automobile Weichai Power Yuchai Machinery NIO IHI BorgWarner Siemens Caterpillar Getrag ZF W-Ibeda sales revenue and operating profit margin sales revenue operating cost operating profit operating profit margin net profit net profit margin R&D expenses R&D to sales ratio employees engine test equipment transmission test equipment turbocharger test equipment water pump / oil pump installation & test equipment NEV powertrain test equipment NEV powertrain test service deliveries assembly line test benches Nissan Renault Proton IMU (Inertial Measurement Unit) vehicle positioning algorithms high-precision inertial measurement unit chips STAR Market expansion of production capacity of test equipment construction of test center construction of R&D center repayment of bank loans replenishment of liquid funds production and R&D bases

Shanghai W-Ibeda High Tech. Group Co., Ltd., established in November 1998, develops powertrain test technology, and manufactures and sells test equipment. The company's sales in 2020 increased a mere 2.0% year-on-year to 300 million CNY, showing a significant slowdown in growth compared to results prior to the outbreak of the new coronavirus infection. However, sales picked up again in the first half of 2021, going up 30.7% to nearly 85 million CNY.

As the electric vehicle market grows, W-Ibeda is expanding the development and sales of NEV powertrain test equipment. Equipment sales went up 4.1-fold in 2020 to 84 million CNY and revenues from services rose 2.3% to 44 million CNY. In anticipation of increasing demand for NEV powertrain test equipment and services, W-Ibeda plans to invest 63 million CNY to build development center and 84 million CNY to set up test center within the next two years.

W-Ibeda: Company Overview

Company name:	Shanghai W-Ibeda High Tech. Group Co., Ltd.
Website:	www.w-ibeda.com
Headquarters:	Shanghai
Established:	November 1998
Capital:	54.63 million CNY
Legal rep.:	Chairman and President Li Yin
Business scope:	Development, engineering, manufacturing and sales of powertrain test equipment, and related test services. ・Products: Engine test bench, transmission reliability test bench, TDI engine fuel system test bench, spark plug test equipment, engine electric test bench, engine NVH offline test bench, etc.
Products:	Engine test bench, transmission reliability test bench, TDI engine fuel system test bench, spark plug test equipment, engine electric test bench, engine NVH offline test bench, etc.
Clients:	SAIC Group, FAW, SAIC GM, GAC Honda, Changan Ford, Changan Mazda, Dongfeng Group, Foton Motor, JAC Motors, Chery Automobile, Weichai Power, Yuchai Machinery, NIO, IHI, BorgWarner, Siemens, Caterpillar, Getrag, ZF, etc.

(Created using W-Ibeda’s PR materials)