Beiqi Foton Motor Co., Ltd., one of the top ten brands of commercial vehicles, was established in 1996, a listed company, integrating automobile and new energy vehicles/construction machinery/new energy/finance/modern logistics/information technology service industries, focusing on the commercial operation of energy-saving and new energy vehicles
Beiqi Foton Motor Co., Ltd. (hereinafter referred to as Foton Motor) is a large-scale commercial vehicle enterprise with a full range of products in China. Foton Motor was established on August 28, 1996 and listed on the Shanghai Stock Exchange in June 1998 with the stock code 600166, with existing assets of more than 57 billion yuan and nearly 40,000 employees. As the No. 1 brand of commercial vehicles in China, the annual brand value of 2015 released in June 2016 reached 100.565 billion yuan, ranking fourth in the automotive industry and leading the commercial vehicle field for 12 consecutive years.
Beijing is home to Foton's global headquarters, as well as Foton's innovation center, business management and operation center. In addition, Foton Motor has vehicle and parts bases in Beijing, Shandong, Hunan, Guangdong, Hebei and other provinces and cities in China; It has R&D branches in China, Germany, Japan, India, Russia and other countries; It has set up business divisions in India and Russia, KD plants in more than 20 countries around the world, covering 110 marketing markets and service networks around the world, and has maintained the first place in the overseas market of commercial vehicles for four consecutive years.
Foton Motor is the backbone of China's own brand and independent innovation in the automotive industry. Since its establishment, Foton Motor has achieved rapid development with the "Foton speed" that amazes the industry, and by the end of 2015, the cumulative production and sales of more than 7 million vehicles have been achieved. At present, Foton Motor owns Auman, Ouhui, Omark, Ressa, Aoling, Tuolu, Savannah, Tuyano, Scenery, Beijing Foton Jiatu and other automotive product brands.
Foton Motor adheres to the business policy of "business model, scientific and technological innovation, management innovation, talent development, and globalization", and pays attention to the extension and development of related industries in the golden value chain (including technology, management, supply chain, manufacturing, distribution and service, etc.) of the full range of commercial vehicles while comprehensively developing commercial vehicles. The six major industries of automobiles and new energy vehicles, construction machinery, new energy, finance, modern logistics and information technology services together constitute a golden industrial chain with complementary advantages, resource sharing and mutual support. And to build the "4×4" core competitiveness of the enterprise value chain, link Daimler and Cummins, integrate the superior technologies of Germany, the United States and China, integrate the German Industry 4.0, synchronize the world's mid-to-high-end products, and is committed to providing users with product life cycle services.
In the field of energy-saving and new energy vehicles, Foton Motor has been closely following the technological trend of new energy vehicles, constantly developing more energy-saving and environmentally friendly products and entering commercial operation. Energy-saving and new energy vehicles have covered various fields such as trucks, buses and multi-functional vehicles, producing and selling nearly 10,000 energy-saving and new energy vehicles, becoming the largest enterprise in the production and sales of new energy vehicles in China.
In terms of strategic layout, Foton Motor fully implements the "2 3 N" strategy - "2" operation centers, China is the commercial vehicle operation center, and Germany is the passenger car operation center. Focusing on promoting the industrialization of India, Russia, Brazil and other countries will first adopt the KD method for investment, and then gradually industrialize, and finally break through the market of developed countries.
