Unpacking the Ownership Structure of Volvo Cars
Wang Lin · 2024-07-16
10jqka · 2024-09-19
GAC Aion Opens First Dealership in Makati, Philippines, Showcases Aion Y Plus and Aion ES
GAC Aion officially opened its first store in Makati, Philippines, with the unveiling of the Aion Y Plus and the Aion ES, which will be sold in the market firstly.
Showroom Features
The flagship showroom AION MAKATI marked Aion’s enter into the Philippine market. Covering an area of 1,420 square meters, the showroom is serving as a one-stop car purchase and after-service experience center. There is a spacious display room, which is able to showcase 6 models at one time. Otherwise, the showroom is equipped with four charging stations, including two fast-charging stations.
Market Potential
Philippine auto market is the fourth biggest auto market in ASEAN, and has great potentials for NEVs development: 1) a larger population base; 2) a prosperous passenger cars’ market with a year-on-year increase of 17.8% in H1 2024; 3) the Philippine government encourages the development of NEVs by introducing the "National Electric Vehicle Development Roadmap", as well as extended its tax exemption on EV imports until 2028.
Strategic Collaborations
All the favorable incentives presents a vast growth opportunities for Aion. On the same day, Aion announced its cooperation with dealerships in three Philippine cities.
Global Market Presence
According to the World EV Sales Report July, Aion secured the eleventh place in the top auto brands in world in EV sales with a total of 190,729 units sold globally from January to July.
2021 TOYOTA
CAMRY
202170,000kmHybrid
$18,956
2024 JETOUR
X70 PLUS
202423,600kmPetrol
$13,818
2023 VOLKSWAGEN
T-ROC
202437,000kmPetrol
$16,179
2022 TOYOTA
CAMRY
202258,000kmPetrol
$20,970
2024 SKODA
KAMIQ
20246,000kmPetrol
$10,068
2022 DONGFENG FORTHING
LINGZHI M5EV
2022105,000kmBEV
$13,818
2019 MG
MG6
202040,000kmPetrol
$5,624
2024 JETOUR
T2
202416,300kmPHEV
$20,762
Unpacking the Ownership Structure of Volvo Cars
Wang Lin · 2024-07-16
The 2025 Guide to Import Used Cars from China to Egypt
Understanding regulations and procedures for importing used cars from China into Egypt
Ma Xi · 2025-01-07
Li auto’s Milestones: How Li Auto Reached 800,000 Deliveries
Li Auto's Soaring Achievements in the EV Landscape
Liang Xiao · 2024-06-24
How to Avoid Scammers When Importing Cars from China
Tips for importing vehicles safely from China
Ma Xi · 2025-01-08
Top-Selling Car Models in China: BYD Leads in All Categories
July 2024 saw significant growth in China's auto market with BYD leading sales. Li Auto entered the top 10 for the first time. NEV sales surged 36.9% year-on-year.
10jqka · 2024-08-22
China Auto Daily丨 Changan Automobile: 21.98% Year-on-Year Increase in November Vehicle Sales
Changan Automobile reports a 21.98% increase in November sales; BYD plans to expand its workforce in Brazil; Zeekr and Lynk & Co. integrate to form Zeekr Technology Group; China’s Ministry of Transport promotes autonomous vehicle and drone applications.
cls · 2024-12-04
NIO and CYVN Holdings Announce New R&D and Business Initiatives
NIO and CYVN Holdings sign a strategic cooperation agreement to establish an advanced R&D center and joint venture in the Middle East, promoting innovative technologies and business expansion.
laoyaoba · 2024-10-09
New Changan CS75PLUS Ultra Edition Boasts Power and Intelligence
Changan Motor launches the fourth-generation CS75PLUS Ultra edition on December 24th, with prices starting at 131,900 yuan (approximately $18,100). The edition offers robust technology and enhanced intelligence.
d1ev · 2024-12-26