In 2020, Shanghai E-Drive, which like Prestolite is part of the EVBG group and manufactures pure electric vehicle systems, hybrid and plug-in hybrid systems, moved their commercial vehicle manufacturing centre to a new Prestolite factory in Weifang. The company completed its first  European original equipment EV bus system contract for Irizar and has recently supplied over 4,000 pieces of e-drive to Renault for their Dacia SUV. 

Looking ahead, the long term future bodes well for the company as Prestolite are at the forefront of Electric Vehicle technology in China with a business that has been established for over 10 years and an annual output over 500K EV drive, controllers, plug in hybrid, hydrogen fuel cell units. This technology is currently being rolled out to the rest of the company’s divisions globally, with exciting new projects in the pipeline.