BIBO (Jiangsu) Automobile Technology Co Ltd, located in Chongchuan district, Nantong, Jiangsu province, has experienced rapid development over the past two years. This year, the company's pending orders exceeded 200 million yuan ($28.03 million).

BIBO specializes in the research and development, production, and sale of three core product matrices: electronic control brake systems, electronic control steering systems, and domain controllers with integrated chassis.

The company currently has three production lines, including one called the Two-Box line and one called the One-Box line.

The production capacity of the Two-Box line is 500,000 sets, with an expected delivery volume of approximately 200,000 sets this year. Next year, the production capacity is expected to reach full capacity at around 500,000 sets.

The One-Box line also has a production capacity of 500,000 sets and is now ready for production," said Liu Xiaohui, the company's general manager.

BIBO is one of the oldest automotive technology innovation companies to have One-Box technology and produce an integrated electronic control brake system.

The company's remarkable achievements were made possible by its core team of nearly 160 members, with over 25 percent holding master's or doctoral degrees. Most of the team members come from renowned universities such as Tsinghua University, Wuhan University of Technology, and Tongji University.

To date, BIBO has received investments from several top institutions, including Sequoia China and NIO Capital.

BIBO (Jiangsu) Automobile Technology Co Ltd. [Photo/WeChat account: chongchuanonline]