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Shaanxi Fast Auto Drive Group Co., Ltd. Business Report FY ended Dec. 2022
Launched the “e-Gallop” brand
-The Company announced the launch of the “e-Gallop” brand for New Energy Vehicles (NEVs). Fast also unveiled 4 of its latest products for commercial NEVs, including the FS4E200-2 highly integrated electric drive system, the FJE7200 drive system for electric vehicles, the F8HA95M AMT (automated manual transmission) for hybrid vehicles, and the FSJE13 three-in-one electric drive system for passenger vehicles. (From a press release dated September 19, 2022)
Subsidiary begins production
-The company announced the start of production of its subsidiary, Shaanxi Fast Songzheng Electrical Drive System Co., Ltd. (Fast Songzheng). The company also announced that its total production of synchronizers and retarders has reached 20 million units and 150,000 units, respectively. The 20 millionth synchronizer is the latest lock-ring synchronizer developed by the company and features an integrated compact structure design and shift life is said to reach 2 million shifts. The 150,000th retarder is a new generation FHB400 parallel fluid retarder. The 390 series, produced for the first time by Fast Songzheng, is suitable for 8-12m buses and medium trucks. In addition, products under development, such as those for heavy-duty electric trucks and heavy-duty hybrid trucks, will be unveiled in August, October and December. (From a press release dated June 22, 2021)
Certification Information
-The C10JSDQX180T and C12JSDQXL280T transmissions were selected as “important new products of Shaanxi Province” in 2021 by the Ministry of Industry and Information Technology of Shaanxi Province.
-The Company achieved ISO 9001, QS-9000, ISO/TS 16949 quality management system certification, ISO 10012 measurement management system AAA certification, ISO 14001 environmental management system certification, ISO 17025 laboratory certification and ISO 50001 energy management system certification.
R&D Facilities
-The Company had established a research and development system including "National Class Enterprise Technology Center", "Academy of Experts Workstation" and "National Class Postdoctoral Workstation". With 1,400 core technology patents, the company has eight major product lines: AT retarder automatic transmissions, AMT automatic transmissions, S transmissions, bus transmissions, light truck transmissions, hydraulic retarders, clutches and reduction gears.
-Shaanxi Fast Auto Drive Engineering Technology Research Center is located in the Xi'an High-tech Industries Development Zone, and includes a Research Institute Office, Design Research Institute, Processing Research Institute, Test Center, Material Forming Center, Prototype Manufacturing Center.
-The Company announced that it has established a joint lab for advanced metal materials with Fushun Special Steel Co., Ltd. (Fushun Special Steel). In the lab, Fast and Fushun Special Steel will jointly research and develop steel and die steel for basic automotive components with high performance and low cost. (From a press release dated September 21, 2022)
-Fast signed cooperation agreements with Northwest University of Technology, Xi'an Jiaotong University, Northwest Agriculture and Forestry University, and Xi'an University of Technology for joint innovation in the integration of production and education.
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