Ningbo Tuopu Group

What Ningbo Tuopu Group does

Ningbo Tuopu Group Co., Ltd. (SSE: 601689) is a China-headquartered Tier 0.5 automotive components supplier founded in 1983 and listed on the Shanghai Stock Exchange since 2015. The company operates a "platform enterprise" model spanning nine integrated product lines: Vibration Control (NVH/damping with ~40 years of expertise), Interior & Exterior Systems, Body Lightweight (including integrated die-casting delivering ~10% weight reduction), Chassis Systems, Smart Cockpit Components, Thermal Management (NEV battery and electric drive cooling), Air Suspension, Intelligent Driving (intelligent braking IBS variants and steer-by-wire systems), and Robot Actuators. These lines serve new energy and traditional vehicle programs for global OEMs including Audi, BMW, Mercedes-Benz, Volkswagen, Stellantis, Ford, GM, Geely, BYD, SAIC, Li Auto, NIO, XPeng, Rivian, Lucid, Porsche, Volvo, and Chrysler.

The company monetizes through direct B2B supply contracts with automotive OEMs negotiated bilaterally (pricing is not publicly disclosed), generating revenue from the sale of manufactured hardware components. Go-to-market is anchored in long-cycle platform co-development under a Tier 0.5 supplier designation, supported by a global operating footprint of 100+ manufacturing plants and 50+ subsidiaries across China, the United States, Mexico, Poland, Brazil, Malaysia, and Thailand, plus four R&D centers in Ningbo, Shenzhen/Shanghai, Detroit, and Gothenburg. Backed by a 4,000+ engineer R&D organization, Tuopu commits at least 5% of annual sales to basic research and new technology development.

Revenue grew every year from 2021 through 2025 (most recent two years at ~16% YoY), fueled by NEV platform wins, integrated die-casting demand, and global plant ramp-up. In 2024 the Mexico factory entered production, supporting North American OEM programs; in 2025 Tuopu acquired Wuhu Changpeng Auto Parts; and in 2026 the company opened a dedicated AI R&D building, globally launched an in-vehicle oxygen generator, and formed a CNY 300 million venture fund targeting AI, robotics, new energy, and advanced manufacturing investments. The company was recognized by Berylls among the Global Top 100 Automotive Suppliers in 2024. Pricing is B2B OEM negotiation-based and not publicly disclosed; the Berylls award and multi-OEM logo depth (18+ named enterprise customers) signal diversified revenue rather than anchor dependency.

Name

Ningbo Tuopu Group

Legal name

NINGBO TUOPU GROUP CO., LTD

Website

https://tuopu.com

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Ningbo Tuopu Group is a China-headquartered Tier 0.5 automotive components supplier, designing and manufacturing nine integrated product lines (NVH, chassis, thermal management, intelligent driving, body lightweight, air suspension, smart cockpit, interior/exterior, and robot actuators) for global OEMs and NEV makers across 100+ plants worldwide.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing (336330), Motor Vehicle Brake System Manufacturing (336340), Motor Vehicle Seating and Interior Trim Manufacturing (336360)

SIC

Motor Vehicles & Passenger Car Bodies (3711), Electronic Components & Accessories (3670)

akta.pro primary industry

Automotive ECUs/Control Modules & Embedded Electronics Manufacturing (IMACAJAC)

akta.pro secondary industries

Wheels, Tires, Brakes & Suspension Components Manufacturing (IMACAOAH), Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware) (IMACAKAJ)

Keywords

• Automotive parts manufacturing
• New energy vehicle components
• Chassis and suspension systems
• Vibration control systems
• Automotive thermal management

Headquarters

HQ city

Ningbo

HQ country

China

HQ region

Asia

Offices17 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Automotive Parts Manufacturing and Sales: Ningbo Tuopu Group generates revenue through the R&D, manufacturing, and sales of automotive parts and components. The company supplies comprehensive systems including vibration control, chassis, interior/exterior, thermal management, air suspension, and intelligent driving systems to global automotive OEMs. Revenue is generated through long-term supply contracts with major automotive manufacturers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ningbo Tuopu Group is a technology platform-oriented Tier 0.5 automotive components manufacturer that designs, develops, and produces nine major product lines for new energy vehicles: vibration control systems, interior and exterior trim, body lightweight structures, chassis systems, smart cockpit components, thermal management systems, air suspension systems, intelligent driving systems (including intelligent braking and steering), and robot actuators. The company sells integrated parts and component platforms directly to global automotive OEMs through long-term supply contracts, with globally synchronized R&D and localized production across 100+ manufacturing plants.

Product overview

Ningbo Tuopu Group is a technology platform-oriented automotive parts company offering a comprehensive portfolio of nine major product lines serving the new energy vehicle (NEV) industry. The platform consists of: Vibration Control System (core damping products with 40 years expertise), Interior & Exterior System (complete trim solutions), Body Lightweight (structural components and integrated die-casting), Chassis System (subframes and suspension), Smart Cockpit Components (seat comfort and door drive systems), Thermal Management System (distributed and integrated solutions for battery/powertrain cooling), Air Suspension System (with integrated air supply units), Intelligent Driving System (intelligent braking IBS and steering systems), and Actuator/Robot products. These nine product lines work together as a platform providing parts and components for new energy vehicles, enabling Tuopu to offer Tier0.5-level cooperation with customers providing one-stop service.

Differentiator

Problem solved

Functional benefit

Products and services

• Vibration Control System (Damping System) Tuopu's foundational damping/NVH product line including powertrain mounts, drive motor dampers, cylindrical supports, torsion dampers, subframe supports, and hydraulic bushings, leveraging globally leading chassis bushing NVH and vehicle tuning capabilities, supplied to global automotive OEMs.
• Interior & Exterior System Comprehensive interior and exterior trim solutions for automotive OEMs including interior systems (headliners, carpets, floor mats, trim panels), exterior systems (wheel covers, shields, bumper foam energy absorption blocks), sound insulation systems (engine insulation pads, firewall insulation), and sealing systems (door seals, window seals, glass guide channels).
• Body Lightweight Lightweight structural components for reducing vehicle energy consumption and improving material recyclability, including battery packs, motor housings, shock towers, battery cases, wheel arches, D-pillars, and integrated die-casting solutions achieving approximately 10% vehicle weight reduction.
• Chassis System Subframe and suspension systems connecting vehicle body to wheels; subframes isolate vibration and noise from the cabin, and suspension systems transmit forces between body and wheels while buffering road impacts, supplied to global automotive OEMs.
• Smart Cockpit Components Intelligent cabin comfort and door drive systems for new energy vehicles, including seat controllers, lumbar supports, massage features, large-screen intelligent drive mechanisms, intelligent side door systems, electric tailgate systems, and human-computer interaction systems (facial recognition, gesture recognition).
• Thermal Management System Distributed and integrated thermal management solutions for new energy vehicles including liquid-cooled condensers, refrigerant valve plates, coolant-side manifolds, seven-way electronic water valves, water pumps, and integrated thermal management modules that couple electric drive cooling, battery temperature control, and heat pump systems.
• Air Suspension System Air suspension systems improving vehicle stability and reducing road shock, including integrated air supply units, air springs, and height sensors, with front air suspension modules and integrated air supply units for global OEMs.
• Intelligent Driving System Advanced driver assistance and autonomous driving systems including intelligent braking systems (IBS 2.0, IBS 1.0, IBS-EVO, IBS-RED) delivering stronger braking force and shorter braking distances, and intelligent steering systems including dual-pinion power steering, column-assist power steering, belt-drive power steering, rear-wheel steering, steer-by-wire, and electric four-way adjustable steering columns.
• Robot Actuator Robot actuators operating via pre-programmed instructions for efficient manufacturing of complex automotive components, including mechanical arm systems, improving production efficiency, reducing costs, and decreasing reliance on human resources.
• In-Vehicle Oxygen Generator New product line introducing in-vehicle oxygen generation technology for automotive cabin air quality, supplied to OEMs as an integrated cabin comfort component.

Named customers18 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Aptiv: Global Tier 1 supplier of vehicle electrical architecture, active safety, advanced driver assistance and smart cockpit electronics. Directly comparable to Tuopu's intelligent driving / smart cockpit / chassis electronics roadmap and similar multi-OEM platform supply model.
• Forvia (Faurecia): Global leader in automotive seating, interior systems and clean mobility (including thermal management via Hella). Highly comparable to Tuopu's interior/exterior systems and cockpit components businesses.
• Adient: World's largest automotive seating supplier, with operations across seating structures, mechanisms, and trim. Comparable to Tuopu's smart cockpit and interior seating-related components.
• Visteon: Pure-play cockpit electronics supplier (digital cockpits, displays, ADAS controllers). Overlaps with Tuopu's smart cockpit components and large-screen intelligent drive mechanisms business.
• ZF Friedrichshafen: Leading supplier of chassis, steering and damping systems, plus ADAS and brake-by-wire (IBC). Direct competitor to Tuopu's chassis, air suspension, intelligent braking (IBS) and intelligent steering product lines.
• Valeo: French Tier 1 focused on thermal management, powertrain electrification and ADAS. Directly comparable to Tuopu's thermal management and intelligent driving product lines for NEV applications.

Broad incumbents

• Continental AG: Large German Tier 1 with broad portfolio including chassis systems, brake systems (incl. MK C1), ADAS and interior. Comparable to Tuopu on intelligent braking (IBS vs. MK C1), brake-by-wire, and integrated chassis electronics.
• Magna International: Diversified global Tier 1 supplier spanning body, chassis, interior, seating, powertrain and ADAS with worldwide manufacturing. Closest broad analog to Tuopu's nine-line platform model and Tier 0.5-style direct OEM relationships.
• Bosch: World's largest automotive supplier across chassis systems, braking, ADAS, body electronics and more. Sets the benchmark Tuopu must compete with on intelligent braking, steering and software-defined vehicle electronics.

Emerging players

• Harman International (Samsung): Connected car, audio, ADAS and cockpit domain controller supplier under Samsung. Closely comparable to Tuopu's smart cockpit and intelligent driving ECU direction, with stronger software/electronics presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tuopu-group

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments4 records

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

Frequently asked questions about Ningbo Tuopu Group