Page 29 - Jetour PR Report- May 2024
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JETOUR’s ‘Enjoy the Journey, Embrace the World’ highlights new possibilities in market at Beijing Auto Show | UAE News 24/7
JETOUR has achieved a remarkable global sales volume of 1.1 million
units within 68 months since its first product launch, garnering a
customer base of over 45 million worldwide. This ‘JETOUR Speed’ has set
an industry benchmark, with a year-on-year sales increase of 75 per cent
in 2023, reaching a cumula ve annual sales volume of 315,167 units,
making it the fastest-growing SUV brand in China. Since 2019, JETOUR
has expanded into over 50 countries and regions, leading in Angola,
Uruguay, Ecuador and other markets.
Consumer Trends Fuelling Best-Selling Products
A report by McKinsey & Company forecasts that the global SUV market
will experience a compound annual growth rate (CAGR) of 7.2 per cent
between 2020 and 2030, fuelled by factors such as rising disposable
incomes, increasing urbanisa on and a growing desire for adventure
travel. This trend is par cularly strong in emerging markets, where SUVs
and off-road vehicles are seen as status symbol and prac cal for
naviga ng challenging terrains.
JETOUR’s family-oriented off-road travel products, especially the X70 and
X90 series, have matured in the interna onal market, a ribu ng to its
ability to address these specific needs and preferences. It also launched
JETOUR DASHING across various global markets, which quickly became a
best-selling model in the segment in Egypt and Saudi Arabia.
Furthermore, JETOUR T2, the brand’s first off-road travel product,
became an instant hit in the Chinese market, breaking the 10,000-unit
sales milestone in its third month and se ng a record for the fastest
sales growth in its category. Following its interna onal launch in Dubai,
UAE, in January 2024, the T2 is set to be introduced to more markets
worldwide.
Embracing Off-Road Adventures and Electrified Mobility
Simultaneously, JETOUR is pushing the envelope with its technological
ingenuity, par cularly with the Super Hybrid Off-Road Pla orm and the
Super-Hybrid i-DM system. These innova ons showcase JETOUR’s edge
in scalability, new energy adapta on, and intelligent driving, combined
with an integrated electronic and electrical architecture. JETOUR is using
these developments to engineer narra ves of explora on and adventure
in addi on to producing automobiles. It is pushing people towards a
future where each journey has the same significance as its des na on.
In line with strategic planning, JETOUR is also accelera ng the
development of right-hand drive models, aiming to enter right-hand
markets between 2023 and 2024. As global demands for carbon peaking
and neutrality rise, JETOUR is proac vely posi oning its plug-in-hybrid
electric vehicle (PHEV) and ba ery electric vehicle (BEV) models within
its Super Hybrid and E0X high-performance electric pla orms, mee ng
various market requirements for fuel consump on and emissions.
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