According to reports, Iron Flow Co. recently accepted institutional research and stated that its new energy vehicle core parts projects, such as electric motor shafts, have officially been put into operation in June 2022 and are expected to be fully operational by the end of this year. Its subsidiary, Gage New Energy (Hangzhou) Co., Ltd., is a designated supplier of Zhejiang Aosiwier Electric Technology Co., Ltd., Ideal, etc. In addition, Gage New Energy Co. is actively exchanging technology with new forces in car making such as Huawei, Xiaomi, and new energy vehicle companies such as Huayu Magna and United Electronics.
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