Hunan CSR Times Electric Vehicle Co Ltd (CSREV) is an important business part of China South Locomotive & Rolling Stock Corporation Limited(CSR)in new energy facility industry. It is the subsidiary of CSR Zhuzhou Electric Locomotive Research Institute Co Ltd. Its second largest shareholder is Liaoning SG Automotive Group Huanghai Bus Co Ltd. In China CSREV is the first enterprise specialized in R&D of automobile, electric system and key components of automobile industry. It is also the first high-tech enterprise in China which successfully applies transmission and control technology of high speed train to new energy automobile field.