Hongqi YTD sales jump 95% YoY

Amenda From Gasgoo

By the end of July, it has just completed 42.65% of its goal.

BrandsAUDI, Baoya, Bestune, FAW, Haima, Hongqi, JETTA, Mazda, Toyota, Volkswagen, VW ID
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

Beijing (Gasgoo)- Hongqi, FAW Group’s luxury brand, sold a total of 170,600 new vehicles in the first seven months of this year, representing an increase of 95% versus the same period of last year, the brand announced at the last day of last month.

hongqi sales.jpg

At the beginning of this year, Hongqi set an annual sales target of 400,000 vehicles, but by the end of July, it has just completed 42.65% of its goal. In the rest five months of this year, it must sell at least 45,880 vehicles every month, much higher than its highest monthly volume, 32,500 in January, in the first seven months. That seems a long way to go.

FAW GroupAutomakerCompany Insights
Location: China/Jilin/Changchun/Lvyuan District
BrandsAUDI, Baoya, Bestune, FAW, Haima, Hongqi, JETTA, Mazda, Toyota, Volkswagen, VW ID
IncreaseSupplierCompany Insights
Location: China/Guangdong/Shenzhen/Nanshan District
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

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