Zotye Auto to launch own model priced less than 100,000 Yuan

Yesterday, the Zotye Auto Holdings Co. in Zhejiang Province said The Company will launch its first self brand model in Shanghai Auto Show. That means consumers will have a more choice to select Chinese developed models.

Zotye Auto brand Director Xie Wei revealed that this new model will be powered by a 1.3L engine, the sale price is expected to be less than 100,000 Yuan, and it will be launched in the second half of the year. According to the schedule, Zotye Auto will launch eight new models in the next two to three years, covering economical wagon, middle and high-class sedans. "These models will use their own brands: Zotye." It is said Zotye engine has been successfully developed by their own research and development center, now the production lines are being laid and are to be put into use very soon.