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Qoros Auto H1 sales skyrocket 412% year on year

Monika From Gasgoo| July 09 , 2018

Qoros Auto H1 sales, Qoros Auto EV model, China automotive news

Shanghai (Gasgoo)- In the first half of this year, Chinese automaker Qoros Auto saw its cumulative sales skyrocketing 412% year on year to 30,524 units. Inspired by its blooming sales momentum, the company has elevated its 2018 sales goal to 100,000 units in late June from the initial goal of 80,000 units.

Qoros Auto signed cooperation agreements with another 51 tier-one dealers on June 14 after the company achieved a massive year-on-year growth of 366% in Jan-to-May sales.

At the signing conference, Qoros Auto signed a strategic agreement with Yixin Group, a China's online automobile retail transaction platform to conduct in-depth cooperation in new retail channels and business modes as well as automobile financing, etc.

On June 22, the automaker disclosed its blueprint in marketing, channel, product and manufacturing at the supplier conference. Qoros Auto will strive to achieve the annual sales target of 100,000 units through expanded sales channels and innovative marketing operation. Besides, the company plans to launch 1 to 2 electric vehicle models per year. The first EV model will boast a mileage up to 450km and this number will be progressively increased by 100km year by year.

Qoros Auto’s suppliers include such renowned companies as Baosteel, Bosch and BENTELER, etc. 

On the same day, Qoros Auto signed a strategic agreement with Banma, a comprehensive ICV (intelligent-connected vehicle) solution provider co-built by SAIC Group and Alibaba Group, to collaborate in ICV area. Under the agreement, both parties will co-develop ICV products and services and jointly explore the innovation in new manufacturing realm. They will make use of resources from different clients and services to research and develop software and hardware solutions and intelligent service solutions that pertain to autonomous driving technologies.

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