Talway Vietnam, a subsidiary of Shanghai Guangwei Electric, has recently secured a $700 million investment certificate from the Bac Ninh provincial government for its new project. In its five years of operation in Vietnam, Talway has established itself as a reputable manufacturer of electric vehicle components.
Established in 2019, Talway Vietnam is a subsidiary of Shanghai Guangwei Electric, with its factory located in the Que Vo Industrial Park, Bac Ninh Province.
With over 20 years of experience in the automotive industry, Talway’s parent company specializes in providing a range of automotive equipment. Following suit, Talway Vietnam’s primary offerings include automotive cables and battery equipment, along with OEM, ODM, and OBM solutions for its clients.
These products cater to the global electric vehicle industry, which is currently experiencing widespread popularity.
Talway’s products reach a global audience, spanning 90 countries across three key regions: North America, Australia, and Europe. Many of the company’s export products rank within the top three in the industry.
Beyond manufacturing, Talway places a strong emphasis on research and development to enhance its product quality and technology. The company has not only built a robust in-house research team but also collaborates with renowned universities, including Shanghai Jiaotong University, Northwest University of Technology, and Nanjing University of Aeronautics and Astronautics in China.
Through these partnerships, Talway has acquired over 300 patents, enhancing its product quality and manufacturing capabilities. Looking ahead, the company intends to further strengthen its research efforts while continuing its manufacturing operations.
In Bac Ninh, Talway, alongside other successful Chinese enterprises such as Victory Giant and Goertek, stands as a testament to the province’s attractive investment environment.