Today, at the Pinghu Smart Innovation Park, Watson Rally held a grand launch ceremony for the mass production of its Electronic Parking Brake (EPB) system. Government leaders, investor representatives, and company executives gathered to witness this historic moment. Watson Rally’s “project approval, construction, and production all within the same year” achievement demonstrates the company’s value of "Less is More," emphasizing efficiency, simplicity, and reliability.
On the morning of July 26th, the launch ceremony for the mass production of Watson Rally's Electronic Parking Brake (EPB) system took place in Pinghu.
Watson Rally (Zhejiang) Automotive Chassis Systems Co., Ltd. is a wholly-owned subsidiary of Shanghai Watson Rally Automotive Technology Company Limited. As Watson Rally's first EPB smart manufacturing base, it was established in the Pinghu Economic and Technological Development Zone at the end of 2023 with a total investment of over 58 million RMB.With strong support from the Pinghu Economic and Technological Development Zone, the company not only completed the first-phase construction at a rapid pace but also deployed advanced mass production lines and R&D testing laboratories.
The launch ceremony marks a significant breakthrough in Watson Rally’s production capacity and the official launch of its research and development laboratory. The laboratory is fully equipped with proprietary experimental equipment developed in-house. It covers hydraulic performance testing, electrical performance testing, electro-control software and hardware calibration testing, complete vehicle calibration testing, comprehensive fatigue testing under high and low temperature and pressure conditions, and vibration fatigue testing simulating complex road surfaces. Additionally, it has the capability to test both wet (hydraulic braking system) and dry (EMB) braking systems, ensuring high-performance braking system products and providing high-quality, timely service support for customers.
Led by Vice General Manager Zhang Jie, the guests toured Watson Rally (Zhejiang) Automotive Chassis System Co., Ltd., where they highly praised the company's production capabilities and management system.
Two weeks ago, Watson Rally announced the successful completion of its Pre-A round funding, raising tens of millions of RMB, bringing the total financing amount to over 100 million RMB. Cai Xudong (Jason), Founder of Watson Rally, revealed during the launch ceremony that the company’s next round of financing will soon be initiated. The founding team of Watson Rally has a solid background with global automotive braking giant Delphi (USA). The team is one of the few in China with the capability for independent development, manufacturing, and supply chain management at an international level. With its core technological innovations in electronic parking brake (EPB) systems and future electro-mechanical brake (EMB) technology, Watson Rally is steadily becoming a domestic leader in the EMB field.
Watson Rally's founder and CEO, Cai Xudong, delivered a speech at the launch ceremony, reflecting on the efficient progress of the EPB project, expressing heartfelt thanks to the leaders of Pinghu Economic Development Zone and investors for their strong support, and reaffirming his determination to lead Watson Rally to continued success.
At the launch ceremony, Mr. Tu Dongjun, Vice Chairman and General Manager of Pinghu Economic and Technological Development Zone Investment and Development Group Co., Ltd., delivered a speech. He warmly welcomed and congratulated Watson Rally on the successful completion of Phase I construction and the start of EPB mass production in Pinghu. Mr. Tu emphasized the government's continued support for high-tech enterprises and expressed a commitment to providing ongoing comprehensive services and assistance to Watson Rally.
Mr. Tu Dongjun, Vice Chairman and General Manager of Pinghu Economic and Technological Development Zone Investment and Development Group Co., Ltd., delivered a speech, congratulating Watson Rally on its achievements and offering support.
And then, representatives from both new and existing shareholders of Watson Rally praised the company’s innovation in automotive braking technology and its market potential. They expressed strong expectations for future collaboration.
Blue Lake Capital Partner Chen Haohui, Fenghua VC Investment Manager Cui Yexin, Chentao Capital Executive General Manager He Xongsong, CrystalStream Capital Partner Liu Bo, and K2VC (Xianfeng Changqing) Investment Vice President Yang Runxin deliver their speeches.
As the ceremony reached its climax, the electronic button symbolizing the official launch of EPB mass production was pressed. This marks another significant milestone in Watson Rally’s rapid development.
Guests and leaders pressed their handprints, officially marking the launch of Watson Rally's EPB mass production.
Currently, China’s new energy vehicles are experiencing rapid growth, with innovations and applications in the braking system field evolving at a fast pace. Many of these innovations are at the forefront of global industry development, creating unique demands in the market. Customers require more timely technical support and responses to meet fast-paced development cycles. The launch of Watson Rally (Zhejiang) Automotive Chassis Systems Co., Ltd. and the successful mass production of its EPB products indicate that domestically produced EPB products, comparable in performance to international brands, will meet these unique market needs. This also lays a solid foundation for the mass production of the next generation of Electro-Mechanical Brake (EMB) systems.
Display of Watson Rally's EMB products.
Watson Rally will continue to uphold its mission of "Challenge the limits for breakthrough technologies" and strive to become a worldwide trustworthy chassis system supplier.
Source: Watson Rally WeChat Official Account.