On September 26, 2024, Yuancheng New Energy Commercial Vehicle Group and Jameel Motors (International) officially signed a memorandum of cooperation, announcing that the two parties have established a global strategic partnership to deepen cooperation in the field of global new energy commercial vehicle channels and accelerate the promotion of a new future of zero-carbon land transportation. The two parties will cooperate in channel construction in multiple countries and markets covering a population of 450 million.
Xue Tao, General Manager of International Marketing Company of Yuancheng New Energy Commercial Vehicle Group (left), and Jasmmine Wong, Vice President of Automotive Mobility Business of Abdul Latif Jameel Group (right), signed the contract on behalf of both parties.
Abdul Latif Jameel Automotive (International) is a leading provider of mobility solutions and the preferred partner of the world's top automotive brands. As an independent distributor, Abdul Latif Jameel Automotive (International) relies on its deep market knowledge and experience to help partners in the automotive manufacturing field get closer to users, promote their market share, achieve sustainable growth, and win high customer satisfaction and loyalty.
Yuancheng New Energy Commercial Vehicle is a commercial vehicle brand under Geely Holding Group. It has ranked first in the Chinese market for three consecutive years. With the help of Geely's global resource system and development experience, Yuancheng is accelerating its brand overseas to create a second growth curve. Relying on Geely's successful experience in the passenger car field, Yuancheng New Energy Commercial Vehicle is promoting the construction of a diversified overseas ecosystem while internationalizing its products. Cooperating with local resources to layout matching finance, energy, business models, transportation plans, digital systems and other ecosystems, it brings smart, green and zero-carbon land transportation experience to global users. At present, Yuancheng has exported a variety of new energy products such as VAN, light trucks, small and micro trucks, and buses to many countries in Asia Pacific, the Middle East, and South America.
In 2024, Yuancheng has reached a consensus with many international partners to further strengthen global cooperation and technological interconnection, and bring green, efficient, and intelligent new energy commercial vehicle comprehensive solutions to global users: On September 18, at the German International Automotive and Smart Mobility Expo (IAA), Yuancheng and ZF signed a memorandum of cooperation, announcing the expansion of their strategic partnership; On September 19, Yuancheng signed a memorandum of cooperation with the German Duvenbeck Group, and the two parties carried out business cooperation in Europe. At the same time, Yuancheng will deliver 50 Yuancheng Xinghan H to Duvenbeck in 2025 to speed up the further development of the European market. In addition, the world's first forward-developed electric large VAN-Yuancheng Super VAN will be officially launched in Europe at the end of the year.