Hasco Automotive Electric Drive System Co., Ltd., (Hasco E-drive) established in Shanghai in 2011, is a subsidiary of HASCO CO., LTD (600741). Hasco E-drive focuses on the R&D and manufacturing of XEV motor and inverter with independent intellectual property rights. With multiple automated production lines, Hasco E-drive is a domestic leading supplier of core components for XEV drive system both in technology and manufacturing.
In 2017, the company became the first domestic supplier successfully achieved mass production of Hair-pin TM and the accumulated sales reached 500,000 units by 2021. In addition, the company's inverter have also been equipped in the Maxus series and SGMW Hongguang MINI EV.
The main customers include Roewe, MG, IM，GM, VW, Volvo, Rising Auto, Neta, Maxus,etc.