Industry dynamics

JAC Group's EV sales surge 67.42% YoY in first quarter

Publishtime:1970-01-01 08:00:00 Views:47

Beijing (ZXZC)- In the third month of 2022, JAC Group saw prominent growth in battery-electric passenger vehicles sales and overall export volume, according to the group’s report released on April 8th.

JAC Group's EV sales surge 67.42% YoY in first quarter

E50 Apro; photo credit: SEHOL

In March, JAC Group sold 42,711 vehicles, 23,717 of which were passenger vehicles, up 21.69% from February but down 21.64% year on year. From January to March, the accumulative sales volume of the group amounted to 129,366 vehicles, representing an 11.67% decline compared to a year ago. 

Since 2021, JAC Group has introduced a slew of new energy models in both passenger vehicle and commercial vehicle sectors, contributing to the carbon neutrality strategy. The group’s March pure-battery vehicle sales amounted to 14,264 vehicles, jumping 55.04% year over year. In the first quarter of 2022, the group sold 40,051 battery-electric vehicles cumulatively, representing a 67.42% surge . 

Meanwhile, JAC Group’s overseas business is also booming. In March, the group shipped 7,491 vehicles abroad, soaring 92.52% from the year-ago period. In the first three months of 2022, the accumulative export volume of the group amounted to 23,421 vehicles, surging 55.7% compared to the previous year. Named enterprises like DHL, Pepsi, Carrefour, and Nestle are clients of JAC Group in Brazil.