On May 29th, Chery Commercial Vehicles grandly held the "Traveling with Chery, Co-creating the Future" event for the handover of 100 vehicles and the global launch of the Super Heavy-Duty Truck in Wuhu. They also officially released the "Phoenix Series" heavy-duty truck product matrix based on the all-new Phoenix platform.

PanGood was invited to attend this event and signed a strategic cooperation agreement with Chery Commercial Vehicle. Mr. Li Ningjun, Vice Chairman of PanGood, gave a media interview on the topic "Axial Flux Electric Drive Technology Driving Value Upgrade in the Heavy-Duty Truck Industry."

PanGood, whose mission is to "promote the technological revolution in the electric drive industry," shares many similarities in spirit with Chery Automobile, known for its "quirky scientist" character.

As a typical representative of "new quality productive forces" in the field of motors and electric drives, PanGood firmly believes that "smaller, lighter, and more efficient axial flux motors represent the future of electric drive technology." The company consistently places technological innovation at the core of its development strategy. Through extensive original and pioneering scientific research and technological breakthroughs, PanGood has comprehensively overcome a series of industrialization challenges for axial flux electric drives. It is the first globally to achieve large-scale mass production and application of axial flux motors, having applied for a cumulative total of 1,460 patents, leading its field by a significant margin.

The axial flux motors independently developed by PanGood, with fully independent intellectual property rights, can reduce volume by over 50% and weight by over 50% compared to conventional motors. They achieve an efficiency level exceeding "dual 90" (>90% efficiency in over 90% of the operating range), redefining the form of electric drives across various fields including new energy vehicles, construction machinery, special-purpose vehicles, industrial applications, and two-wheelers. This brings comprehensive improvements and upgrades in user value.

This shared "quirky scientist" spirit makes it easier for the two companies to achieve synergy and seamless cooperation.

In October 2024, the range extender system for passenger vehicles jointly developed by PanGood and Chery was officially unveiled. Based on thorough market research and analysis, this innovative product leverages the high-inertia advantage of the dual-rotor axial flux motor's rotor. Structurally, it eliminates the flywheel and torsional damper, directly connecting the generator rotor to the crankshaft. This achieves deep integration and optimization of the generator and engine. Compared to similar market products, the total system axial length is reduced by 38% and weight by 37%. This provides greater freedom and improvement space for vehicle packaging, significantly enhances the adaptability of the range extender powertrain across different vehicle classes, and frees up more space for the vehicle's suspension and steering systems, ultimately offering drivers and passengers better handling and ride comfort.

In the new energy commercial vehicle sector, the revitalized Chery Commercial Vehicle is committed to translating cutting-edge technology into tangible user value, aiming to become a technology-driven, user-centric enterprise. During the development of new products, Chery Commercial Vehicle maintained close interaction with PanGood, including routine technical exchanges and multiple on-site visits and inspections at PanGood facilities.

From the perspective of actual customer operations, PanGood's new energy heavy-duty truck electric drive solution, built on axial flux technology, boasts advantages such as strong power, excellent adaptability to operating conditions, stability, reliability, and energy efficiency. It has garnered unanimous praise from end-users and high recognition from Chery Commercial Vehicle.

On a coal transportation route in Shanxi Province, new energy heavy-duty trucks equipped with PanGood's integrated electric drive axle have undergone rigorous testing over more than 2 million kilometers across various complex conditions. Their power performance has remained consistently strong, with virtually no failures in the powertrain system. The fleet's average monthly energy consumption reached 1.32 kWh/km, dropping to 0.79 kWh/km under specific conditions. Comprehensive calculations show that each vehicle can save over 350,000 RMB in total operating costs over five years.

Based on this outstanding performance among users and in the market, manufacturers including Shacman, XCMG, and CAMC (United Truck) have adopted PanGood's integrated electric drive axles in their newly certified vehicle models.

The strategic cooperation agreement between PanGood and Chery Commercial Vehicle signifies a further deepening of their partnership. Moving forward, the two companies will jointly bring more products and solutions with superior value advantages to the market and users. This will inject innovative momentum into the development of the commercial vehicle market and drive industrial transformation and upgrading.

In more and broader fields, PanGood will continue to adhere to a user-demand-oriented approach, using innovation as its engine. It will collaborate with partners across the industrial chain to foster synergistic innovation and propel the technological revolution in the electric drive industry!