Slovenian JV firm seeking growth at trade fair

LJUBLJANA, Slovenia — Blaz Stefe, CEO of the Chinese-Slovenian joint venture APG-Elaphe Propulsion Technologies, told Xinhua that his company will explore new possibilities for technological innovation and market expansion during the upcoming seventh China International Import Expo in Shanghai.

Reflecting on his past eight years with the Hangzhou, Zhejiang province-based company, Stefe highlighted China's remarkable innovation speed and its cohesive industrial ecosystem.

The Chinese-Slovenian JV, established in 2016, is a collaboration between Stefe's private company, Elaphe — an innovative in-wheel motor technology firm — and Zhejiang Asia Pacific Mechanical and Electronic Co Ltd, Asia's leading brake producer. It is involved in auto parts production, supply, testing, market development and technical support.