Weekly News丨China FAW Group Norway Expansion, BAIC Motor Egypt Flagship Store, Changan Qiyuan Production Milestone

China FAW Group expands to Norway, BAIC Motor inaugurates its first flagship store in Egypt, while Changan Qiyuan achieves a quick 100k production milestone.

autocango · 2024-06-07

China FAW Group inked agreement with Norway’s Motor Gruppen to introduce new energy vehicle models Hongqi EH7 and EHS7 to the Norwegian market.

BAIC Motor opened its first flagship location in Egypt. BAIC's new X7, Mo Fang (BEIJING 5), and U5 PLUS were introduced at the opening ceremony.

On June 5, Changan Qiyuan achieved its 100,000th-vehicle milestone within just seven months of launch, becoming the fastest new energy brand to break through the 100,000-unit threshold. Changan Qiyuan currently produces three popular models: the A07, A05, and Q05, with price ranges distributed between 70,000 and 180,000 yuan.