Hafei Motor: the best Chinese compact cars
Hafei Motor Co., Ltd is a Chinese manufacturer of small cars that sells its products mainly in Asia. The company is part of a holding Changan Automobile and develops a segment of inexpensive, compact cars. The enterprise has its own design, scientific and production base. The company was founded in 1994. Over 20 years of history, it has gained serious experience in the construction of subcompact vehicles. Now he is developing the direction of electric vehicles.
History - a few steps to great success
Modern Hafei Motor Co. (Harbin HF Automobile Industry Group Company Ltd.) originally appeared as a subsidiary of Harbin Aviation Corporation. Almost immediately, it was possible to launch the production of "subcompacts". In 2010, it was acquired by Changan Automobile, which made a significant contribution to its development. Now Hafei Motor Co. presented in 40 countries of the world. Production facilities are located in Weihai and Shenzhen.
Collaboration with Pininfarina
Its production activities Hafei Motor Co. began with cooperation with the Italian design bureau Pininfarina. Production developed in the public sector of the aircraft industry in China, and 550 million dollars were attracted for development. This is a lot for a start-up company to provide a strong start with market diversification. The company has achieved significant success in the subcompact segment.
However, the licensed Daewoo Tico became the first car, but a little later, a joint product of work with Pininfarina appeared. It was a Hafei Zhongyi minivan that left the shop in 1999. Already in 2003, Hafei Motor received the prestigious status of China's fastest growing company.
Restructuring and merger with Changan Automobile
In 2006, the founders carried out a restructuring, which resulted in the formation of Hafei Motor Co. with divisions of the Dongan engine plant, car assembly plants from Weihai and Shenzhen, and the Harbin HF automobile plant.
A few years later, the total production reached 2,000,000 machines. In 2012, cooperation with Coda Automotive begins to produce an electric car.
A new milestone in the development of the company was the accession to Changan Automobile. Additional investments helped optimize production and make it more efficient. At the same time, Hafei Motor Co. independently develops its direction, optimally loading the production base with the assembly of holding car models.