JAC battery electric PV sales soar 363 percent in November

Shanghai (Gasgoo)- In November, Anhui Jianghuai Automobile Group (hereinafter called JAC), produced 46,731 vehicles, down 18.83 percent compared with the production capacity of 57,570 units in November of 2016, according to the company’s announcement. The production of battery electric passenger vehicles surged nearly 300 percent year on year to 4,589 units in November.

JAC November sales also showed decrease. The company sold 42,781 vehicles last month, down 18.7 percent from a year earlier. Its cumulative sales of the past eleven months decreased nearly 20 percent to 469,872 units. But the company’s export sales increased by 13.62 percent to 4,846 units.

Although November total sales exhibited a negative year-on-year change, the sales of battery electric passenger vehicles showed explosive growth from 1,221 units to 5,660 units, soaring 363.55 percent compared with November of last year. By the end of last month, JAC delivered 26,402 battery electric passenger vehicles in 2017, jumping 66.35 percent year on year.

Specifically, its SUV sales slumped by nearly 60 percent year on year in November to 10,517 units. The sales of MPV and sedans last month turned out to grow by 8 percent and 82 percent respectively.

As to the commercial vehicles, sales of many segments dropped compared with the same period of last year, such as those of heavy trucks, large passenger vehicles, and light passenger vehicles.

At the end of last month, JAC signed a Memorandum of Understanding with Volkswagen Group to explore the possibility of setting up a joint venture to conduct research and development on multi-functional vehicles (including but not limited to pickup, MPV, electric commercial vehicles).