Ankai

Chinese automotive manufacturing company From Wikipedia, the free encyclopedia

Anhui Ankai Automobile Co., Ltd. is a Chinese automotive manufacturing company headquartered in Hefei, Anhui, which specialises in the production of buses and coaches.[2] Ankai's products include urban buses, regular coaches, sleeping berth coaches, bus and coach chassis and automotive components. Ankai also offers related repair and maintenance services. The company has three principal subsidiaries and distributes its products worldwide.

Company typePublic
IndustryAutomotive
PredecessorHefei Feihe Automobile Factory
Quick facts Company type, Traded as ...
Ankai Automobile
Company typePublic
SZSE: 000868
IndustryAutomotive
PredecessorHefei Feihe Automobile Factory
Founded1997; 29 years ago (1997)
Headquarters,
Area served
Worldwide
ProductsBuses
Coaches
Automotive components
ServicesRepair and maintenance services
RevenueCNY3,727.44 million[1]
CNY87.30 million[1]
CNY98.14 million[1]
Number of employees
Approx. 3,000
Websitewww.ankaiglobal.com
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SimplifiedChinese安徽安凯汽车股份有限公司
TraditionalChinese安徽安凱汽車股份有限公司
SimplifiedChinese安凯客车
TraditionalChinese安凱客車
Quick facts Anhui Ankai Automobile Co., Ltd., Simplified Chinese ...
Anhui Ankai Automobile Co., Ltd.
Simplified Chinese安徽安凯汽车股份有限公司
Traditional Chinese安徽安凱汽車股份有限公司
Transcriptions
Ankai Automobile
Simplified Chinese安凯客车
Traditional Chinese安凱客車
Transcriptions
Ankai
Simplified Chinese安凯
Traditional Chinese安凱
Transcriptions
Close

The name "Ankai" is the abbreviation of Anhui-Kässbohrer, marking the cooperation between Hefei Feihe Automobile Factory and Kässbohrer from 1993.

As of 9 November 2016, Ankai was a constituent of SZSE 1000 Index (as well as sub-index SZSE 700 Index) but not in SZSE Component Index, making the company was ranked between the 501st to 1,000th by free float adjusted market capitalization.

History

HFF6100SK02 bus produced by Feihe after the introduction of Setra technology

Anhui Ankai Automobile Co., Ltd was founded on July 22, 1997, and was listed on the Shenzhen Stock Exchange, China's second largest stock exchange, three days later. A license agreement for the construction of buses with a self-supporting body was signed with the Setra bus brand, which now belongs to the Daimler subsidiary EvoBus. This made Ankai the first company in Asia to produce this type of body, also known as a monocoque. Just one year later, in November 1998, the 500th bus was manufactured.[3]

In 2001, the license agreement with EvoBus was extended for an additional ten years. The contract permitted Ankai to produce the SETRA S 315 coach model, which won the Coach of the Year award. That same year, construction began on a new automobile factory in Hefei. With an initial production capacity of 1,000 vehicles per year, this facility became the largest production site for comfort buses in China. Licensed production of the S 315, under the name Ankai Setra HFF6120K35(S315), commenced as early as November 2002. In the years that followed, Ankai played a crucial role in developing the nationwide long-distance bus network with modern vehicles that meet Western comfort and safety standards. In September 2002, scheduled bus services from Inner Mongolia to the capital, Beijing, commenced using Ankai-Setra buses. This also marked one of the first fast and comfortable long-distance bus routes in China.[4]

In March 2008, an Ankai bus, the first bus manufactured by a Chinese company, received safety and environmental certification from the Australian Transport Authority. This certificate, which largely aligns with the stringent requirements of the ECE regulations, marked a decisive step in the company's further development. It enabled access to the lucrative European markets, which are heavily regulated concerning technical specifications. Another milestone in the company's history was the sale of 11 Ankai double-decker buses to the Big Bus Company in June 2010. This marked the first time that buses from China entered the US market, following lengthy negotiations with the approval and import authorities. The unit price was RMB 2 million.[5] The buses were painted with oversized USA flags and are used as tourist buses in Las Vegas and San Francisco. In the same year, double-decker buses were sold on the South African market, which had previously been dominated by British models.[6]

In 2022, Ankai partnered with JAC Motors and BYD to build a power battery plant.[7]

Products

  • Buses:
    • A5
    • A6
    • A8
    • A9
    • Baositong K7
    • K8
    • F7
    • G7
    • G9
    • N7
  • School bus:
    • S6
    • S7
    • S9
  • EV buses and vans:

See also

References

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