Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it plans to reduce the registered capital of its wholly owned subsidiary, Guangde Asia-Pacific Automotive Intelligent Braking System Co., Ltd., by CNY 100 million.
Following the capital reduction, the subsidiary's registered capital will dec
On June 1, multiple sources reported that Zhejiang Asia Pacific Mechanical and Electronic Group (APG) is planning to build a new plant in Morocco's Mohammed VI Tangier Tech City. The plant will see an investment of USD 70 million and produce brake systems primarily for the European and international automotive market
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a leading Chinese emerging automaker, whose name is confidential, for the supply of rear brake caliper assemblies (with EPB (Electronic Park Brake)) and front brake discs for a certain vehicle platform. According to the customer’
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a large Chinese automotive group, whose name is confidential, for the supply of rear brake caliper assemblies (with EPB (Electronic Park Brake)) for a New Energy Vehicle platform. According to the customer’s plan, the project is
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a large Chinese automotive group, whose name is confidential, for the supply of IBS (Integrated Brake System) one-boxes for a New Energy Vehicle model. According to the customer’s plan, the project is expected to start production
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by a new customer outside of China, whose name cannot be disclosed due to confidentiality, for the supply of front calipers and drum brakes for a new platform. According to the customer’s plan, the project is expected to start produ
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) has recently been designated by a customer outside of China, whose name cannot be disclosed due to confidentiality, for the supply of front calipers for two models. According to the customer’s plan, the project is expected to start production in 2026, with
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) has recently been designated by a customer outside China, whose name cannot be disclosed due to confidentiality, for the supply of EPBs (electric parking brakes) for two models. According to the customer’s plan, the project is expected to start production
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) was recently designated by an automaker outside China, whose name cannot be disclosed due to confidentiality, for the supply of brakes for a certain model. According to the customer’s plan, this project will start mass production in Q4 2025, with a lifecyc
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it recently received a designation notification for the supply of rear electric caliper assemblies with electric parking brakes (EPB) to a New Energy SUV of a Chinese OEM of which the name cannot be disclosed due to confidentiality.
(From an
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it has been designated as a supplier of front disc brakes with a steering knuckle assembly and rear brake assemblies with EBP to a New Energy Vehicle of a leading independent Chinese OEM whose name cannot be disclosed due to confidentiality.
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (APG) announced that it received designation notifications from two Chinese automakers. The company will develop and produce EPB (Electronic Parking Brake) assemblies for New Energy SUVs of a high-end sub-brand of a major Chinese automobile group whose name cann
Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. (ZAPME) announced that it has received a notification from a foreign vehicle OEM on being designated to supply front and rear brake assemblies and IBS (one box) for a New Energy Vehicle platform. The project is expected to gradually start production from 2025, w
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