NAVECO. was first founded in 1996 and reestablished in 2020 at the Qiaolin Base in Pukou Economic Development Zone, Nanjing, after the merging of NAVECO Engine plant, Gearbox plant, and Axle plant. The plant has two workshops, including Engine Workshop and Gearbox and Axles Workshop.

Main products include SOFIM and F1 series engines; IVECO 5MT, 6MT gearbox; Horizontal leaf spring, 4 * 4 series front axle; NDA, 4511, 4517,4 * 4 series rear axle, EV45 electric drive axle. The product technology is sourced from FPT from Italy and is designed to complement the Iveco Turbo Daily, Power Daily, New Daily light passenger and cargo vehicles, off-road vehicles, station wagons, and other military civilian dual-use vehicle

series.