Wanxiang Import & Export Co., Ltd

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Ningbo Wanxiang Plastics Products Co., Ltd

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2010

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Description

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Wanxiang Group Corporation

🇨🇳 China

1969

More than 10000 people

Manufacturer/Trading Company/Distributor

High capacity factory

Established brand

Large enterprise group

OEM manufacturer

Shipments

287

Key customer

R S AUTOMOBILE

Key market

🇺🇸 United States

Description

Wanxiang Group Corporation is a premier multinational conglomerate and a global leader in the automotive components industry. Founded in 1969 and headquartered in Hangzhou, China, the company has evolved from a small agricultural machinery repair shop into one of China's most competitive enterprises, employing over 10,000 people and generating significant annual revenue. As a comprehensive manufacturer, trading company, and OEM/ODM partner, Wanxiang operates more than 30 specialized factories and numerous R&D centers worldwide. The company's extensive product portfolio focuses on core automotive systems, including universal joints, bearings (ball, taper roller, and needle), drive shafts, wheel hub assemblies, and constant velocity joints. Their manufacturing capabilities also extend to steering columns, brake components, shock absorbers, and engine parts such as piston rings and water pumps. Through strategic acquisitions like A123 Systems and Fisker Automotive (now Karma Automotive), Wanxiang has established a dominant position in the new energy sector, producing lithium-ion batteries and electric vehicles. Wanxiang Group maintains a robust international presence, particularly in North America through Wanxiang America, and serves a prestigious global clientele including Ford, BMW, General Motors, Volkswagen, and Stellantis. The group is recognized as a pioneer in the internationalization of Chinese industry, with operations spanning the US, Mexico, Poland, and Turkey. Beyond its automotive core, the group has diversified into renewable energy, financial services, and industrial machinery, consistently adhering to high-quality standards across its global supply chain.