China National Machinery Industry

What China National Machinery Industry does

China National Machinery Industry (operating as CHTC Motor / 恒天汽车) is a Chinese automotive manufacturer and wholly-owned subsidiary of China Haitu Group, itself under the central state-owned enterprise Sinome (国机集团 / China Machinery Industry Group). Founded in 1998 and headquartered in Beijing, the company designs, manufactures, and sells new-energy and conventional commercial vehicles (buses, trucks, light buses), passenger and off-road SUVs, special-purpose vehicles, and core automotive components. It operates six production bases across China — in Jiangxi, Shandong, Hubei, Sichuan, Nanjing, and Hengyang — and one overseas facility in Slovenia operating the TAM brand, which holds an estimated 40% global market share in airport apron buses. Sub-brands include Baijuma (Broadebus), KAMA, Tiantianma, and TAM. The firm also sells turnkey automotive plant planning and production line design services to third-party OEMs.

The business model combines (a) vehicle and component sales into government and enterprise fleets across Belt-and-Road markets (Kenya, Uganda, Pakistan, Thailand, Vietnam, Indonesia, Nigeria, Belarus), (b) knock-down and local assembly partnerships (e.g., the 2023 Uganda KD plant, 100 acres, USD 50M investment, 5,000-unit annual capacity), and (c) B2B engineering services for automotive plant construction. Distribution is supported by more than 400 sales and service points globally. Revenue is lumpy and project-driven, tied to large fleet and infrastructure contracts in emerging markets, with financing and diplomatic access channeled through SOE parent relationships.

Product technology spans conventional ICE, battery-electric, and hydrogen fuel-cell powertrains, with in-house battery management capability, integrated body-chassis-paint-assembly lines, and an IP base of 125 patents and 56 software copyrights. The firm has 200+ technical personnel but a stated firmographic headcount of 51–100, suggesting a discrepancy between core corporate staff and broader group workforce. Recent strategic emphasis has been on new-energy vehicles, export authorizations acquired from Shandong Kama and Jiangsu Jiolong, and consolidation under the "1+4+4" three-year restructuring plan initiated in 2023.

Name

China National Machinery Industry

Legal name

恒天汽车有限公司

Website

https://chtcmotor.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

China National Machinery Industry (CHTC Motor / 恒天汽车) is a Chinese state-owned automotive OEM producing new-energy and conventional buses, trucks, SUVs, and special vehicles across six Chinese bases plus Slovenia, exporting primarily to emerging-market governments and enterprises.

Ownership category

akta.pro rank

Product category

Commercial Vehicles

NAICS

Motor Vehicle Manufacturing (3361), Transportation Equipment Manufacturing (336), Motor Vehicle Parts Manufacturing (3363)

SIC

Miscellaneous Transportation Equipment (3790), Motor Vehicle Parts & Accessories (3714), Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Specialty Utility & Maintenance Vehicle Manufacturing (Street Sweepers/Vacuum Trucks) (IMACAFAI)

akta.pro secondary industries

Specialty Vehicle Body Manufacturing (Emergency/Military/Mobile Clinics) (IMACAGAD), Airport Ground Support Equipment (GSE) Vehicle Manufacturing (IMACAFAK), Assembly, Conversion Kits & OEM/ODM Contract Manufacturing (IMACAOAL)

Keywords

• Commercial vehicles
• Bus manufacturing
• Truck manufacturing
• Automotive engineering
• New energy vehicles

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. 整车及汽车产品销售: 生产和销售各类商用车及SUV、皮卡等车型，包括客车、卡车、轻客、乘用车、专用车等全线产品
2. KD/CKD散件出口业务: 向海外市场出口汽车散件，提供KD业务服务，包括厂房规划、生产线设计、设备供应、安装调试及散件供应
3. 工厂整体规划及EPC总包: 为客户提供整厂规划设计、装备制造和系统集成、厂房建设规划服务
4. 涂装生产线设备供应: 涂装专业具备汽车行业全产品线涂装工艺装备技术和服务能力
5. 二手车业务: 提供二手燃油车和二手新能源车源

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

China National Machinery Industry (CHTC Motor) designs, manufactures, and sells a complete line of commercial vehicles including buses, coaches, trucks, light buses, special purpose vehicles, and passenger SUVs under brands such as Broadebus (百路佳), KAMA, TAM, and 恒天天马. The company also exports complete knock-down (KD/CKD) parts kits, supplies automotive production line equipment and tooling (welding, painting, stamping, assembly lines), and provides turnkey vehicle plant planning, design, and engineering services for overseas customers.

Product overview

CHTC Motor (恒天汽车) is a comprehensive automotive group under China National Machinery Industry (Sinome), offering a full line of commercial vehicles and automotive manufacturing solutions. The product portfolio spans multiple vehicle categories: commercial vehicles (buses, trucks, light buses), passenger vehicles/SUVs (particularly off-road SUVs with V8 engines), and special purpose vehicles (garbage trucks, sweepers, water sprayers, suction trucks, ambulances). Beyond vehicle manufacturing, CHTC Motor provides complete automotive production line solutions including welding, painting/coating, and final assembly equipment, along with plant planning, design, equipment supply, installation, commissioning, and KD (CKD/SKD) parts supply services. The company operates multiple production bases across China (Jiangxi, Shandong, Hubei, Sichuan, Nanjing, Hengyang) and one overseas base in Slovenia (TAM), with design research institutes providing intelligent manufacturing planning and factory integration services.

Differentiator

Problem solved

Functional benefit

Brands

• 百路佳 (Broadebus): High-end luxury coach brand exported to developed markets including Australia
• KAMA
• TAM
• 恒天天马

Products and services

• Commercial Vehicles (Buses, Coaches, Trucks, Light Buses) Complete lineup of commercial vehicles including city buses, long-distance coaches, light buses, trucks, and special purpose vehicles designed and manufactured for transit operators, logistics companies, and government customers.
• Passenger SUVs (恒天天马 / HTTM)

Quantifiable outcome

• TAM机场巴士在全球机场巴士市场占40%份额
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• King Long Motor: Major Chinese bus and commercial vehicle OEM competing with CHTC Motor across school buses, tour buses, and NEV buses in domestic and overseas markets, including Africa and the Middle East.
• Higer Bus: Chinese coach and city bus manufacturer with strong overseas presence in the Middle East, Africa, and Southeast Asia that competes with CHTC Motor's Baijuma export-focused coach business.
• Yutong Bus: China's largest bus manufacturer, with a broad portfolio of city, intercity, and new energy buses that competes directly with CHTC Motor's Baijuma brand in both domestic and export markets, particularly for electric city bus tenders.
• Foton Motor: Chinese commercial vehicle manufacturer (trucks, light trucks, buses, vans) under BAIC that directly competes with CHTC Motor's KAMA trucks and overall commercial vehicle portfolio in domestic and overseas markets.
• Golden Dragon (Golden Dragon Bus): Xiamen-based bus OEM competing with CHTC Motor's Baijuma and TAM brands in city buses, tour coaches, and special-purpose vehicles, with similar export focus across emerging markets.
• Sinotruk: Chinese heavy-duty truck manufacturer under Sinome group sibling entities (broader state-owned ecosystem) that competes with CHTC Motor's KAMA medium and heavy commercial truck portfolio domestically and abroad.

Broad incumbents

• BYD Auto: Vertically integrated Chinese NEV leader producing electric buses, trucks, and passenger vehicles; competes with CHTC Motor's NEV buses (HTEV) and electric trucks across commercial fleet electrification.
• BAIC Group: Large Chinese state-owned automotive conglomerate with commercial vehicle, passenger vehicle, and NEV businesses; competes with CHTC Motor in commercial vehicles and indirectly via Foton subsidiary in trucks.
• Dongfeng Motor: State-owned Chinese auto group with a wide commercial vehicle portfolio (trucks, buses, special purpose vehicles) and global operations that overlaps CHTC Motor's full-line strategy across passenger and commercial segments.

Emerging players

• Great Wall Motor: Chinese SUV and pickup manufacturer whose Tank and POER brands compete with CHTC Motor's Tiantianma off-road SUV and pickup lineup in the domestic off-road and rugged-use segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCggyAUbqgmhbA60tFcU_Z9w
• LinkedInlinkedin.com/company/chtc-motor-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China National Machinery Industry