PUMBAA's export revenues from EV products grow significantly

The electric vehicle market has grown rapidly since 2020, showing accelerated growth. in 2023, the number of electric vehicle registrations increased by 298% from 2022.

The electric vehicle market is expected to continue to grow in 2024 as the gloom of the global epidemic gradually dissipates. This, coupled with supportive government policies, will be a key engine for global automotive growth.

Pumbaa has been focusing on the R&D, production and sales of commercial electric vehicle motors, motor control units, vehicle controllers and power supply (DCDC, DCAC, OBC, PDU). Creating an integrated solution for electric vehicle drive platforms.  At present, the business of electric vehicle drive system has become a sustainable growth point for the company's sales revenue and profit. With the scale effect and the continuous growth of the new energy vehicle market, Pumbaa's export revenue in recent years has significantly exceeded expectations.

Pumbaa has been operating in the commercial electric vehicle market since 2002 and since then has built up a wealth of experience in the field of electric vehicle power and control systems, with Pumbaa EV products being the world leader in many aspects of electric vehicle power and control systems. The company has many partners and customers around the world due to its technological and quality advantages. Pumbaa EV products are successfully used in a wide range of commercial electric vehicles, such as minivans, light trucks, buses, coaches, city sanitation vehicles, heavy trucks, mining and construction machinery.

Globally, the development direction of commercial electric vehicles is an undisputed trend, and the market is in a period of rapid explosion. Pumbaa has been laying out the foreign market for many years, and has been recognized by many overseas customers for its leading technological advantages.

At present, Pumbaa 's focus will be centered around the existing customers to continue to expand overseas, and global markets, and at the same time will provide Pumbaa EV product development and supporting services for more internationally renowned brands of automobile manufacturers, to win more customer orders.

Since 2020, the foreign commercial electric vehicle market has been growing rapidly and showing accelerated development, and the company has benefited from the growth in export revenues from its Pumbaa EV products.

Pumbaa has an automotive grade standardized and professional factory certified by IATF16949 management system, equipped with fully automated production equipment and testing equipment, and has taken the lead in completing the IATF16949 quality management system certification, ISO9001 quality management system certification, RoHs certification and EU CE certification. 

In the production process, Pumbaa strictly selects vehicles, and ensures the high reliability of EV motor, VCU, MUC, power supply (DCDC, DCAC, OBC, PDU) from the optimization of raw materials, improvement of production process and strict quality control of finished products.