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Founded in December 1995 and officially put into operation in March 1996, NAVECO is an outstanding commercial vehicle enterprise jointly invested by SAIC Group and IVECO Group. The Chinese Party holds 80.1% of the shares, while the foreign Party holds 19.9%. The registered capital of the company is 2.527 billion RMB, and the registered employees are more than 2,600 persons.

The company is located at No.8 Baihe Road, Pukou District, Nanjing, Jiangsu Province, covering an area of 1,265 Mu, with a building area of 184,000 square meters, and an annual production capacity of 100,000 light-duty vehicles.

The company has IVECO product range and "Warm 360" service system. The products cover logistics, passenger transport and cargo combined use, professional refitting, commuter and commercial travel as well as military fields, which is the European minibus with the most widely used, the strongest loading capacity and the best durability in domestic market.

The company possesses stamping, welding, painting, and assembly manufacturing technique; engine, axle and transmission core power chain. The manufacturing system designed for self-identification, self-decision-making, self-execution strongly provides high-quality products to customers with high efficiency.

The company has won many honorary titles, such as Double-best foreign-invested enterprise, Benchmarking company for China enterprise culture construction and for China auto industry culture construction, High-tech enterprises, Excellent enterprise with 100% satisfaction of national customers for its service, Advanced company in jiangsu province, Excellent enterprise with harmonious labor relations in Nanjing, Green plant in Jiangsu Province, Nomination(organization) for Nanjing mayor quality prize, Pukou district leader quality prize, Top ten science-technology innovation enterprise, Pioneer enterprise in the fight against COVID-19 in national commercial vehicle industry and Top 100 Manufacturing Enterprises in Nanjing.