Inovance

Inovance is a leading VFD manufacturer, headquartered in Shenzhen, Guangdong, China. Founded in 2003, the company is officially registered as Shenzhen Inovance Technology Co., Ltd. It focuses on industrial automation and electric vehicle technologies. Its high-performance variable frequency drives and servo systems are essential for elevator control, plastics machinery, and heavy industrial production to optimize motor efficiency. Initially established by former engineers, the firm went public in 2010 and acquired Shanghai BST in 2019.