ZOTYE(SZ:000980) 第一财经·2025-09-15 10:11Core Viewpoint - The article highlights the decline of Chongqing's Zotye Auto, showcasing the transition of its manufacturing site to new companies focused on electric vehicles, reflecting the broader transformation in China's automotive industry [3][20]. Group 1: Company Status - Zotye Auto's manufacturing facility in Chongqing has been dismantled, with its production lines and equipment scheduled for removal due to judicial auction failures [3][4][6]. - The factory, once known for producing "copycat luxury cars," now stands abandoned, with remnants of its operations left exposed to the elements [4][6]. - A court notice indicates that the assets of Zotye Auto were seized on August 4, 2025, with a freeze period lasting until August 3, 2027 [6]. Group 2: New Developments - The site has been repurposed, with companies like Boyuan Electric Drive Technology and Chongqing Haoneng Transmission Technology now hiring for various positions related to electric vehicles [20][22]. - Boyuan Electric Drive was established in August 2025, focusing on electric drive systems for new energy vehicles, with an investment of at least 450 million yuan planned for its operations [22]. - Haoneng Transmission, a subsidiary of Haoneng Co., specializes in manufacturing key components for automotive transmission systems, indicating a shift towards more advanced automotive technologies [22]. Group 3: Industry Implications - The transition of the Zotye Auto site to electric vehicle-related companies symbolizes the ongoing transformation within the Chinese automotive industry, moving away from traditional manufacturing towards new energy solutions [20][22]. - The presence of new companies at the former Zotye site reflects the growing demand for electric vehicle components and the strategic investments being made in this sector [20][22].