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dfmg.com.cn

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Investments

15

Portfolio Exits

2

Funds

1

Partners & Customers

10

Service Providers

1

About Dongfeng Motor Group

Dongfeng Motor Group (DFG) (HKG: 0489) is primarily engaged in the manufacture and sale of commercial vehicles, passenger vehicles and auto engines and parts, vehicle manufacturing equipment business, finance businesses as well as other automotive-related businesses.

Dongfeng Motor Group Headquarter Location

Special No. 1 Dongfeng Road Wuhan Economic and Technology Development Zone

Wuhan, Hubei, 430056,

China

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Latest Dongfeng Motor Group News

Electric Trucks Market is expected to grow from USD 2.60 billion in 2021 to USD 43.85 billion by 2029, at a CAGR of 42.7% during the forecast period 2022-2029 : GreyViews

Jun 27, 2022

Major Players AB Volvo, BYD Auto Co. Ltd., Daimler AG, Dongfeng Motor Corporation, FAW Group Co., Ltd., Foton Motor Inc., Isuzu Motors Ltd., Navistar, Inc., PACCAR Inc., and Scania Segmentation Analysis PHEV segment is expected to be the fastest growing segment in 2021. The propulsion type segment includes BEV, PHEV, and FCEV. PHEV segment is expected to witness highest growth rate during the forecast period. The demand for plug-in hybrid (PHEV) is mainly attributed to the introduction of government regulations associated with the greenhouse gas emissions. In addition, the electric trucks manufacturers are significantly focused on development of PHEV trucks that are suitable for urban distribution traffic. For instance, in November 2020, Scania, the leading truck manufacturer introduced its plug-in hybrid electric truck which is intended for urban distribution traffic. This PHEV truck can cover about 60 kilometers on pure electric power. Light duty trucks segment is expected to be the fastest growing segment in 2021. The type segment includes light duty trucks, medium duty trucks, and heavy duty trucks. Light duty trucks segment is anticipated to witness highest CAGR during the forecast period. The light duty trucks include pickup trucks, vans, and minivans. Growth of this segment is driven by increasing population which is fueling demand for light duty trucks to handle consumer goods. In addition, the demand for light duty trucks in retail and e-commerce sector is further contributing growth of this segment. For instance, May 2022, Tata Motors, the India’s leading commercial vehicle manufacturer launched the Ace EV, the small electric truck version. As per Tata Motors, this truck is the India’s most advanced four-wheel small commercial vehicle (SCV). In addition, the company has partnered with e-commerce giants such as BigBasket, Amazon, and Flipkart to deliver 39,000 Ace light duty trucks. Autonomous segment is expected to be the fastest growing segment in 2021. The level of automation segment includes semi-autonomous and autonomous. Autonomous segment is expected to witness highest growth rate during the forecast period. Ongoing research and development in the field of autonomous electric trucks is expected to create lucrative growth opportunities for this segment. For instance, in May 2022, Solo Advanced Vehicle Technologies (Solo AVT), the California start-up launched SD1, a battery-electric Class 8 truck which is mainly designed for autonomous driving. Regional Analysis The regional analysis provides a detailed perception about the key regions and the countries. Some of the key countries analyzed for the Electric Trucks include US, Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, China, Japan India, Brazil, Peru, UAE, South Africa and Saudi Arabia. North America region has registered highest value for the year 2021. Growth of this region is mainly driven by presence of key market players such as Rivian, Tesla Inc., and Nikola Motors; easy availability of convenient financing options; and the significant emphasis by the governments to ensure in-house automotive production. However, Europe is expected to witness considerable growth rate during the forecast period. The stringent emission regulation standards in the region has primarily promoted usage of electric trucks. Country Analysis                                                                                Germany Germany Electric Trucks market size was valued at USD 0.29 billion in 2021 and is expected to reach USD 4.69 billion by 2029, at a CAGR of 42.2% from 2022 to 2029. Germany is one of the leading nations in the mechanical engineering, manufacturing, automotive, and electrical industries. In May 2019, Germany has launched the first electric highway to recharge hybrid trucks. This ehighway is about 6 miles long and is located on the A5 motorway south of Frankfurt, a central German city. Such innovations in this country are primarily fueling growth of the electric truck market. In addition, the government in this country has announced plans to double the amount of purchase incentives already in place for battery Electric Truckss (BEVs) as part of its EUR 130 billion stimulus package intended to shore up the country’s post-coronavirus economy. Hence, promotion of electric vehicle industry in this country is anticipated to create lucrative growth opportunities for the market. China                                      China Electric Trucks market size was valued at USD 0.56 billion in 2021 and is expected to reach USD 8.96 billion by 2029, at a CAGR of 41.8% from 2022 to 2029. China is the world’s largest light vehicle manufacturer. This country is leading automotive producer, consumer and exporter. The key players including Dongfeng Motor Corporation, Daimler AG, BYD Auto Co. Ltd., and FAW Group Co., Ltd. in the China electric trucks market are seeing huge growth in production. This is mainly attributed to the zero emissions vehicle mandate imposed by Chinese government each vehicle manufacturer and importer in the country which requires them to make or import at least 10% electric vehicles. Such initiatives are anticipated to create lucrative growth opportunities for China electric trucks market. India India Electric Trucks market size was valued at USD 0.18 billion in 2021 and is expected to reach USD 3.14 billion by 2029, at a CAGR of 43.1% from 2022 to 2029. India is one of the strongest growing economies in Asia. The transportation sector is accountable for over 14% of total greenhouse gas emissions in India. Hence, need to reduce greenhouse gas emissions is mainly fueling growth of the electric trucks in the country. In addition, the emerging popularity and expansion of electric trucks sector is expected to create lucrative growth opportunities for the market. For instance, Olectra Greentech Ltd, a leader in electric bus manufacturing in India, has begun trials of a 6x4 heavy-duty electric tipper under its strategy to expand into the electric truck sector. Covid-19 Impact Covid-19 had a major impact on almost all of the industries such as construction, manufacturing, automobile, semiconductors, etc. The demand for electric trucks has decreased during the period owing to the regulations on social distancing and increasing focus on safety and hygiene. In most of the regions, the manufacturing facilities of electric trucks were closed in the second and third quarters of fiscal year 2020. The major end-users were also temporarily closed during this period and thus the demand for Electric Trucks significantly decreased. Buy Now Full Report @ https://greyviews.com/checkout/67/single_user_license Contact Us Browse Related Reports: Global Electric Trucks Market Size by Propulsion Type (BEV, PHEV, and FCEV), Type (Light Duty Trucks, Medium Duty Trucks, and Heavy Duty Trucks), End User (Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, and Distribution services), Battery Capacity (Less Than 50kwh, 50-250 Kwh, and Above 250 Kwh), Payload Capacity (Upto 10,000 lbs, 10,001-26,000 lbs, and Above 26,001 lbs), and Level of Automation (Semi-autonomous and Autonomous), Battery Type (Lithium-Nickel-Manganese-Cobalt Oxide, Lithium-Iron-Phosphate, and Others), Regions, Segmentation, and forecast till 2029. Global Automotive Turbocharger Market Size by Vehicle Type (Passenger Cars, LCV, Trucks, and Buses), Fuel Type (Gasoline, Diesel, and Alternate Fuel/CNG), Technology Type (Variable Geometry Turbocharger, Wastegate Turbocharger, and Electric Turbocharger), Sales Channel (OEM and Aftermarket), Regions, Segmentation, and forecast till 2029. Global Metal Forming Market Size by Technique Type (Roll Forming, Stretch Forming, Stamping, Deep Drawing, Hydroforming, and Others), Forming Type (Cold Forming, Hot Forming, and Warm Forming), End User (Automotive, Aerospace Engineering, Construction, and Industrial Equipment & Machinery), Regions, Segmentation, and forecast till 2028. Global Electric Power Steering Market Size by Component (Steering column, Sensors, Steering gear, Mechanical rack and pinion, Electronic control unit, Electric motor, and Bearing), Electric Motor (Brush motor and Brushless motor), Application (Passenger Cars (PC) and Commercial Vehicles (CV)), Electric Vehicle (BEV, PHEV, and FCEV), EV Gear Type (Worm Gear and Ball Screw), Regions, Segmentation, and forecast till 2029. Electric vehicles are either partially or fully powered on electric power. The fully electric-powered electric vehicle operates on an electric motor instead of an internal combustion (IC) engine. They have lower running costs owing to fewer moving parts for maintenance and are environment friendly as they use little or no fossil fuels such as diesel or petrol. The set of properties that these fibers consist of makes them suitable to be used in clothing, armor, and other such applications. Electric Vehicle Market. Global Automotive Switch Market Size by Type (Ignition Switches, HVAC Switches,  Overhead Console Switches, Steering Wheel Switches, Window Switches, Seat Control Switches, Door Switches, Multi-Purpose Switches, Hazard Switches, and Others), Design (Rocker Switches, Toggle Switches, Rotary Switches, Push Switches, and Other Switches), Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), and Sales Channel (Original Equipment Manufacturers and Aftermarket), Regions, Segmentation and Projection till 2028 Global Automotive Interiors Market Size by Component (Cockpit Module, Flooring, Automotive Seat, Door Panel, Interior Lighting, and Other) Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), Material (Leather Fabric, Vinyl, Wood, Glass Fiber Composite, Carbon fiber Composite, and Metal), Autonomous Driving (Semi-Autonomous and Autonomous), and Electric Vehicle (BEV, FCEV, HEV, and PHEV) Regions, Segmentation and Projection till 2028. Global Automotive Seats Market Size by Seat Type (Bucket and Bench/Split Bench), Technology (Standard, Powered, Heated, Heated & Memory, Heated & Ventilated, Heated, Ventilated, and Memory, Heated, Ventilated, Memory, and Massage), Trim Material (Fabric, Synthteic Leather, and Genuine Leather), Material (Aluminum and Steel), Component (Armrest, Pneumatic system, Seat belt, Seat frame & structure, Seat headrest, Seat height adjuster, Seat recliner, and Seat track) Vehicle (Passenger Car, Light Commercial Vehicle, Truck, and Bus) Electric Vehicle (BEV, PHEV, and FCEV) Off-Highway Vehicle (Construction /Mining Trucks and Agriculture Tractors) Regions, Segmentation and Projection till 2028 Global Automotive Forging Market Size by Material (Aluminum and Steel), By Technology (Closed Die, Open Die, and Others), Components (Engine Components, Steering/chassis components, Transmission components, Drive Components, and Other Components), and Vehicle Type (Passenger Car, Light Commercial Vehicles, and Heavy Commercial Vehicles), Regions, Segmentation and Projection till 2028 Global Hybrid Vehicle Market Size by Electric Powertrain type (Parallel Hybrid and Series Hybrid), Component type (Battery, Electric Motor, and Transmission), Propulsion (HEV, PHEV, and NGV, Hybridization (Full Hybrid, Micro-Hybrid, and Mild Hybrid), and Vehicle Type (Passenger Car and Commercial Vehicle), Regions, Segmentation and Projection till 2028 Global Brake Friction Market Size by Product Type (Brake Disc, Pad, Shoe, Drum, Liner), Disc Material (Metallic Disc and Ceramic Disc), Vehicle Type (Passenger Car, Lightweight Commercial Vehicle, Truck, and Bus), Type (Woven and Molded), Regions: Segmentation and Projection till 2028 Global Automotive Airbags & Seatbelts Market Size by Airbags Type (Frontal Airbags, Knee Airbags, and Side & Curtain Airbags) Seatbelts Type (2-point Seatbelts and 3-point Seatbelts), Vehicle (Passenger Cars (PC), Light Commercial Vehicle (LCV), Buses, and Trucks), Component (Airbag Inflator, Airbag Control Unit, and Airbag), and Electric Vehicle (BEV, FCEV, HEV, and PHEV) Regions, Segmentation and Projection till 2028.

Dongfeng Motor Group Investments

15 Investments

Dongfeng Motor Group has made 15 investments. Their latest investment was in DongFeng Automobile as part of their Secondary Market on May 5, 2022.

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Dongfeng Motor Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/31/2022

Secondary Market

DongFeng Automobile

$502.18M

Yes

3

1/10/2022

Series B - III

Zvision

Yes

5

12/3/2021

Corporate Minority

Binli Information

Yes

2

10/26/2021

Series A

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$99M

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10

8/4/2021

Corporate Minority

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10

Date

5/31/2022

1/10/2022

12/3/2021

10/26/2021

8/4/2021

Round

Secondary Market

Series B - III

Corporate Minority

Series A

Corporate Minority

Company

DongFeng Automobile

Zvision

Binli Information

Subscribe to see more

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Amount

$502.18M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

3

5

2

10

10

Dongfeng Motor Group Portfolio Exits

2 Portfolio Exits

Dongfeng Motor Group has 2 portfolio exits. Their latest portfolio exit was Dongfeng Yueda Kia on December 18, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/18/2021

Shareholder Liquidity

Dongfeng Yueda Kia

$99M

1

9/8/2021

IPO

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$99M

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10

Date

12/18/2021

9/8/2021

Exit

Shareholder Liquidity

IPO

Companies

Dongfeng Yueda Kia

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Valuation

$99M

$99M

Acquirer

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Sources

1

10

Dongfeng Motor Group Acquisitions

4 Acquisitions

Dongfeng Motor Group acquired 4 companies. Their latest acquisition was Dongfeng Peugeot-Citroën Automobile on April 13, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/13/2022

$99M

Acquired

3

4/12/2022

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$99M

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10

4/15/2020

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$99M

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10

12/2/2013

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$99M

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10

Date

4/13/2022

4/12/2022

4/15/2020

12/2/2013

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

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Sources

3

10

10

10

Dongfeng Motor Group Fund History

1 Fund History

Dongfeng Motor Group has 1 fund, including Dongfeng Bocom Yuanjing Motor Investment Fund (Wuhan) Partnership.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/2/2020

Dongfeng Bocom Yuanjing Motor Investment Fund (Wuhan) Partnership

$244M

1

Closing Date

12/2/2020

Fund

Dongfeng Bocom Yuanjing Motor Investment Fund (Wuhan) Partnership

Fund Type

Status

Amount

$244M

Sources

1

Dongfeng Motor Group Partners & Customers

10 Partners and customers

Dongfeng Motor Group has 10 strategic partners and customers. Dongfeng Motor Group recently partnered with Aurora Mobile on December 12, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

12/31/2020

Vendor

China

Aurora Mobile Enters Into Partnership With New Energy Vehicle Provider Dongfeng Motor To Strengthen AI-based Smart Mobility Services

Through the partnership , Aurora Mobile Limited will use its artificial intelligent - empowered targeted push notification services and machine learning-based powerful operational analysis capabilities to help DFGO gain comprehensive insights into user needs , improve user experience by providing users with safe , convenient , pleasant and smart mobility services , and ultimately maximize customer value .

1

11/23/2020

Partner

Japan

China emerges as Nissan's last line of defense

Thanks to an early mover advantage and strategic partnership with Dongfeng Motor Group in 2003 , Nissan Motor Co. is one of the strongest Japanese passenger automakers in China .

1

9/18/2019

Partner

France

Peugeot Pick Up 2020: here's why it's unlikely Australia will see new Pug dual-cab ute - Car News

Dongfeng is a Chinese state-owned manufacturer that is tied in joint ventures with both Nissan and Peugeot .

1

4/16/2019

Partner

United States

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10

3/12/2019

Partner

Germany

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10

Date

12/31/2020

11/23/2020

9/18/2019

4/16/2019

3/12/2019

Type

Vendor

Partner

Partner

Partner

Partner

Business Partner

Country

China

Japan

France

United States

Germany

News Snippet

Aurora Mobile Enters Into Partnership With New Energy Vehicle Provider Dongfeng Motor To Strengthen AI-based Smart Mobility Services

Through the partnership , Aurora Mobile Limited will use its artificial intelligent - empowered targeted push notification services and machine learning-based powerful operational analysis capabilities to help DFGO gain comprehensive insights into user needs , improve user experience by providing users with safe , convenient , pleasant and smart mobility services , and ultimately maximize customer value .

China emerges as Nissan's last line of defense

Thanks to an early mover advantage and strategic partnership with Dongfeng Motor Group in 2003 , Nissan Motor Co. is one of the strongest Japanese passenger automakers in China .

Peugeot Pick Up 2020: here's why it's unlikely Australia will see new Pug dual-cab ute - Car News

Dongfeng is a Chinese state-owned manufacturer that is tied in joint ventures with both Nissan and Peugeot .

Subscribe to see more

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Sources

1

1

1

10

10

Dongfeng Motor Group Service Providers

1 Service Provider

Dongfeng Motor Group has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Series A - III

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Series A - III

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

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