Shanghai February 8th, 2017 ZXZC-JAC Group is taking steps towards internationalization since the year 2005, achieving good results in Brazil and Egypt market. This time, JAC decides to construct joint-venture factories in Kazakhstan and Mexico respectively. Official data provides that the total investment in Mexico will achieve RMB 1.45b for the production of Refine S2 and S3. The Kazakhstan factory plans to introduce JAC iEV6S. The four SUV models under JAC will be produced and sold in overseas market in the form of assembling CKD.

JAC has divided overseas market into CIS and Latin American two parts. The Kazakhstan factory conforms to the national B&R strategy, providing access for JAC Group to enter into CIS market with the free-duty policy in Kazakhstan. Mexican factory mainly targets at youngsters in Mexico market. Besides, the factory shareholder Giant’s sales channels will also help increase the sales volume in North American market.

The Mexican joint-venture factory is co-constructed by Mexican automobile manufacturer Giant Motors, JAC Auto and Chori Co. LTd. with a combined investment of RMB 1.45b. It is located in the northeastern city Ciudad Sahagun of Mexico. It’s expected that the factory will operate in the latter half of this year, mainly producing SUV S2 and S3. According to plan, the annual capacity will reach 10,000 units in the next four years, with peak annual capacity reaching 40,000 units. “In the future, the factory will produce electric cars.” Omar Fayad, governor of Hidalgo, Mexico said.

Located in auto city Kostanay, the Kazakhstan factory is co-invested by JAC and Arul Group. At the end of 2015, its first batch of products rolled off the production line and went into market, ranking top 15 brands in terms of brand sales. In 2016, the JAC S3 model won Kazakhstan “People’s brand” title, which is the only auto brand winning such honor. The 2016 JAC Auto’s local produced sales volume increases more than 500% in Kazakhstan. It’s predicted that the sales would double in 2017.