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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.
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China's NEV Start-ups August Sales: Leapmotor Surpasses 30,000 Units, HIMA Struggles Behind Li Auto
Chinese NEV start-ups released their August sales data, showing Leapmotor breaking 30,000 units while HIMA lags behind Li Auto. Divergent trends emerge between first and second-tier automakers.
yiche · 2024-09-05
China Auto Daily丨EU Imposes Five-Year Subsidy Tariffs on Chinese Electric Vehicles
The European Union has finalized a five-year subsidy tariff on Chinese electric vehicles. Meanwhile, Xiaomi's SU7 achieved 20,000 deliveries in October, and Audi launched its new 2024 A6 Avant/allroad versions.
cls · 2024-10-30
BYD Introduces Song Plus DM-i Hybrid in Ecuador
BYD launches its first hybrid model in Ecuador, the Song Plus DM-i, at the Guayaquil Auto Show, marking a significant milestone for the brand in South America.
cnevpost · 2024-07-15
Neta Sells 17,687 Cars Overseas in H1 2024: A 154% YOY Increase
Chinese NEV start-up Neta achieved 17,687 overseas car sales in H1 2024, marking a 154% year-over-year increase and positioning itself as the leading brand among new NEV start-ups in China.
yiche · 2024-07-19