Zhongneng Vehicle Group (usually known as ZNEN Group) is a Chinese motorcycle manufacturer founded by Chen Huaneng in June 1988, in Taizhou, Zhejiang. It was not until 1996 that ZNEN manufactured its first petrol mopeds. After twenty years in the motor vehicle industry, Zhongneng Industry Group develops three main products: petrol mopeds, electric mopeds, and motorcycles.[1]
History
In 1988, Chen Huaneng founded the Donghai Machinery Factory in Taizhou (Zhejiang), a manufacturer of components for refrigerators and small household appliances that quickly became popular on the local market. The numerous orders led the company to grow and in 1996 Taizhou Zhongneng Photoelectric was established, specializing in the production of photoelectric material for household appliances. Shortly thereafter, the production of electric bicycles began. The economic boom of the motorcycle sector, and the success in the field of bicycles pushed the company to design compact motorcycles for the local market and in 1998 the company name was changed to Zhejiang Zhongneng Photoelectric, the export of lamps and electrical equipment to Asian countries and Eastern Europe, the ZNEN Motor brand was founded with the presentation of the first scooter, the fifty "S-King" which will go into production the following year thanks to the use of technologies and patents under a license of Japanese origin.
In 2002, the new 42,000 sqm production plant in Xiaoxie for light motorcycles was inaugurated and the company name was changed to Zhejiang Zhongneng Motorcycle Co., Ltd.