Nezha Automobile's Strong Performance in New Energy Vehicle Exports
TapTechNews June 25th news, according to the data released by the China Association of Automobile Manufacturers, in the first half of this year, China's auto exports continued to grow. From January to May, new energy vehicle exports reached 519,000 units, a year-on-year increase of 13.7%.
Nezha Automobile disclosed today that from January to May 2024, Nezha Automobile's new energy vehicle exports were 16,458 units, ranking fifth among auto companies in new energy vehicle exports, and the first among new-force auto companies in exports. By the end of May, Nezha Automobile had accumulated 35,000 units in exports.
In terms of the overall ranking, BYD, Tesla, and SAIC ranked in the top 3 of the new energy vehicle export volume ranking from January to May, and Chery ranked 4th. Among these auto companies, except for Tesla, the rest are all traditional Chinese auto companies. Nezha Automobile ranked 5th in the overall list and also the first among the new forces.
TapTechNews noted that Nezha Automobile has continued to exert efforts in the Southeast Asian market this year, and has established three overseas factories in Thailand, Indonesia, and Malaysia.
In January, Nezha Automobile signed a contract with its Malaysian partner, and the third overseas factory was located in Malaysia.
In March, the ecological smart factory of Nezha Automobile in Thailand started large-scale production, and the expected annual production capacity will reach 30,000 units.
On March 27th, Nezha Automobile signed a contract with its partner and will jointly carry out local production and sales of Nezha V-II and Nezha X in Sri Lanka, becoming the first local assembly project of Nezha Automobile in South Asia.
In April, the ecological smart factory of Nezha Automobile in Indonesia started production and rolled out new cars.
In other global markets, Nezha Automobile held its first investment promotion conference and media briefing in the Mexican market in February, and its flagship model is about to land in Mexico. In April, Nezha Automobile launched new cars in Ecuador in Central and South America. In May, the first offline store of Nezha Automobile in Hong Kong opened.