Feidi Auto Aims to Increase its Annual Sales by 30% in 2020
The annual sales of Ditu DX jumped by 85% year on year; that of Hongrui (T0/T1) jumped by 78% year on year; that of logistic vehicles grew by 20% year on year; that of Dahuang went up by 26% year on year.
Jiang Wenjuan, General Manager of Feidi Auto, revealed at the company’s annual business meeting that it will carry out a series of reforms in 2020 and aims to increase its annual sales volume to 66,000 units, including 16,750 units logistic vehicles, 16,250 units self-dump trucks, 25,000 units Ditu small trucks, 3,000 units new energy vehicles, 1,000 units EMO mini-trucks, 3,000 units WPV light trucks. With an annual growth rate of 30%, Feidi Auto will realize an annual sales volume of 110,000 units vehicles in 2022.
In the meantime, Feidi Auto attaches paramount importance to the development of new energy vehicles. It aims to sell 3,000 units electric vehicles in 2020, 13,500 units such vehicles in 2021 and 20,000 units such vehicles in 2021.
In 2020, Feidi is set to roll out 18 new drivelines and 1 electric driveline. Also, it will develop two brand new vehicle models: WPV light truck for the high-end market and EMO new energy vehicle.