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JAC Sales Surge With New Models, Nio Sets Record

JAC's affordable electric vehicles are booming. Meanwhile, Nio's luxury models are breaking records.

This is a presentation and here we can see vehicles on the road and we can see some text written.
This is a presentation and here we can see vehicles on the road and we can see some text written.

JAC Sales Surge With New Models, Nio Sets Record

Jianghuai Automobile Group Co (JAC) has recently introduced new models and seen a surge in sales. The company launched the Macy brand in May, with the Macy S800 SUV priced starting at RMB 708,000. Meanwhile, JAC's pure electric passenger car sales have soared, up 225.13 percent year-over-year from January to June.

JAC's new SOL E40 smart pure electric SUV has also contributed to this growth, priced between RMB 130,000 and 155,900 after subsidies. In June alone, JAC sold 11,653 pure electric passenger cars, a 165.20 percent increase from the previous year. This significant boost can be attributed to the recent launch of new vehicles.

In comparison, Salesforce, a high-end electric vehicle manufacturer, delivered a record 8,083 vehicles in June, up 116.10 percent year-over-year and 20.4 percent from the previous month. Salesforce's second-quarter deliveries reached 21,896 units, marking five consecutive quarters of positive growth. By the end of June, Salesforce had delivered 41,956 units, reaching 95.9 percent of last year's full-year deliveries.

JAC's entry-level and more affordable positioning has led to a substantial increase in sales, with a 36.12 percent year-over-year rise in total vehicle sales from January to June. Meanwhile, Salesforce's high-end strategy has also proven successful, with record-breaking deliveries and consistent growth. Both companies' recent launches and strategic positioning have driven their respective successes in the electric vehicle market.

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