Huaihai

Huaihai Holding Group: Global Leader in Affordable Mini EVs and Tricycles

If you’ve ridden a motorized tricycle anywhere in Asia or Latin America, chances are Huaihai built it. With over 21.8 million units sold globally and a Guinness World Record to show for it, Huaihai dominates the small EV and logistics trike market. Its Zongshen-branded tricycles are the go-to for delivery fleets, ride services, and municipal operators in countries like Peru, Pakistan, and India. The company’s strength lies in reliable, rugged platforms that keep running in the toughest conditions—earning praise like “tricycles that just don’t quit” from international partners.

Hi-Go Mini EV and E-Scooters: Budget Electric Cars for Urban Commuters

Huaihai isn’t just about trikes. Its “Hi-Go” mini EV turned heads at the 2023 Canton Fair with its compact size, stylish design, and 200 km range. With a sub-$5,000 price tag, it’s built for the budget-conscious driver in dense cities. Meanwhile, their 400W/48V e-scooter and EEC-certified 72V electric motorcycle cater to urban dwellers looking for affordable green alternatives to gas mopeds. Retail prices in the $500–$1,000 range make them fleet favorites across emerging markets, with posts on X calling them “unbeatable for the price.”

Sodium-Ion Battery Partnership with BYD

Forget lithium for a moment—Huaihai’s biggest leap may be its sodium-ion battery joint venture with BYD. Operating under Huaihai Findreams Sodium Battery Technology Co., the initiative brings cost-effective, non-toxic energy storage to its entire lineup. Sodium-ion packs reduce dependency on lithium supply chains and cut EV costs by 20–30%, making the technology a game-changer for mass-market adoption. With a 5-million-unit annual production capacity, Huaihai is betting big on the chemistry that could reshape EV affordability globally.

Global Manufacturing and Export Reach

Huaihai’s footprint is massive. With 27 subsidiaries and factories across six Chinese hubs, it also operates overseas in Pakistan, India, Peru, Chile, and Indonesia. The Bishan High-tech Zone in Chongqing serves as its R&D crown jewel, while its Xuzhou HQ remains the core of tricycle production. Export operations cover 96 countries, with 70% of logistics trikes heading to developing markets. Localization efforts—like building cargo trikes for Peruvian fleets—demonstrate its global agility and local savvy.

Huaihai’s Market Strengths and Global Position

Huaihai’s strengths are clear: scale, price, and practicality. With $1.4B in assets and 40,000 employees, it's one of China’s Top 500 Private Enterprises and a regular on Jiangsu’s top company lists. Its ISO14000 certification backs its green push, while its reputation for reliability wins it long-term contracts worldwide. Still, the company remains under the radar compared to flashy peers like BYD or NIO. It doesn’t aim for luxury buyers—it builds vehicles that work. For municipal fleets, last-mile logistics, and budget-conscious riders, Huaihai is hard to beat.

Affordable EV Exporter with a Sustainability Edge

While brand recognition outside Asia is still growing, Huaihai’s affordability and sodium-ion push make it a sustainability sleeper hit. It may not be the Tesla killer, but it’s already a vital force behind electrified mobility in regions that big brands often overlook. And with prices that range from $500 scooters to $5,000 mini EVs, it delivers electrification at a price point few others can match. Quietly, reliably, and globally, Huaihai is powering the world’s EV future one small vehicle at a time.