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JAC Motor: 35,000 units sold in February, exports up 43.93% y/y

On March 7, 2022, Anhui Jianghuai Automobile Group Co., Ltd. (hereinafter referred to as "Jacque Automobile" or "JAC") released the "Anhui Jianghuai Automobile Group Co., Ltd. February 2022 Production and Sales Express". Express reports show that in February 2022, Jianghuai Automobile sold 35,000 units. Among them, the new energy passenger car and export business performed well, and both achieved year-on-year growth. From the perspective of sub-categories: In the field of commercial vehicles, sales of 18,000 units in February and 45,400 units in January-February, down 17.36% year-on-year, the decline was significantly narrowed. In 2022, the first season of the New Year of Jianghuai Light Truck "Jiangge Service Miles" activity was officially launched, with a sincere service attitude, five-star service, the concept of full care, carried out in Shandong, Henan, Anhui provinces, continue to provide users with time-saving, labor-saving, worry-free and money-saving car service experience, and won the praise of users. On February 19, DR. Shuai Lingbing, No. 1 cold chain of JAC Light Truck, was listed. Under the blue brand new policy, Dr. Shuai Lingbing insisted on the original vehicle and refused to assemble, so as to customize the cold chain chassis + first-line cold machine + original quality car to achieve the integrated delivery solution of the original complete vehicle.

JAC Motor: 35,000 units sold in February, exports up 43.93% y/y

Cold Chain No. 1 Shuai Lingbing Dr. New Product Launched

With high-quality product solutions and good after-sales service experience, a variety of JAC light truck products are favored by users, and have become the "stars" of light truck sales in many places! In the passenger car segment, sales in February were 17,100 units, up 18.63% year-on-year, and sales in January-February were 41,200 units, up 11.48% year-on-year. Among them, SUVs and pure electric passenger cars performed better, with sales of 14,100 units and 10,300 units in February, up 44.69% and 57.18% year-on-year, respectively, and pure electric passenger cars from January to February with a cumulative increase of 75.17% year-on-year.

JAC Motor: 35,000 units sold in February, exports up 43.93% y/y

Sihao E50 Apro love run batch off the production line ceremony

On February 22, Sihao New Energy held the Sihao E50 Apro Love Run batch roll-off ceremony at Sihao Manufacturing Base. Sihao E50 Apro not only has the blessing of Huawei and Horizon, but also will be equipped with the latest J-Pilot Plus intelligent driver assistance system, which will be officially launched soon, which will continue to help the development of Jac Huai Automobile's new energy business. On February 23, as one of the important achievements of the joint venture between JAC Motors and Volkswagen Group, Volkswagen's Anhui MEB plant completed the construction of a new body workshop, laying a solid foundation for the launch and mass production of the first new energy vehicle product based on the MEB platform of the joint venture. The entire MEB plant will be fully completed in mid-2022, and the pre-production vehicle of the first new energy model is expected to roll off the production line in the second half of 2022, making new and greater contributions in the process of Hefei becoming China's new energy vehicle capital and Anhui Province building a trillion-yuan automobile industry cluster.

JAC Motor: 35,000 units sold in February, exports up 43.93% y/y

JAC electric light truck N55 was delivered in batches to MERCADO LIVRE, the largest e-commerce platform in Latin America

In the international market, JIANGHUAI Automobile adheres to the three principles of "focus, stability and collaboration", starts from user thinking, concentrates on user value, and constantly explores new paths for digital transformation. In February, JIANGHUAI Automobile exported 0.58 million units, an increase of 43.93% year-on-year; From January to February, a total of 16,000 units were exported, an increase of 42.86% year-on-year. In the field of new energy, JAC has 50 potential electric vehicle customers in Mexico, and is expected to deliver more than 2,000 electric vehicle terminals in 2022, and sign a 2-3 year long-term cooperation plan with leading major customers.

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