5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Q&A: ‘We want to be known for our world-class hybrid off-roaders’

by
January 5, 2025
in Stock
0
Q&A: ‘We want to be known for our world-class hybrid off-roaders’
Jetour Auto International Vice-President Kevin Xu (right) talks to ‘Velocity’ Editor Kap Maceda Aguila in China. — PHOTO BY JOYCE REYES-AGUILA

Interview by Kap Maceda Aguila

VELOCITY: We’ve been hearing about how Jetour wants to grow its market internationally, and that it’s one of the leading brands in China. What’s the percentage of sales coming from overseas versus domestic?

KEVIN XU: We now have a seven-year history, and our growth has been very fast. We started to develop international markets almost immediately. Right now, almost a third of our sales volume comes from our overseas market.

In April of 2023, we visited Wuhu where we saw Jetour vehicles rolling out of Chery production lines. Is that still the case?

We now have Jetour-dedicated plants in Fuzhou; in Kaifeng, Henan; Bekasi, West Java; Kaliningrad, Russia, and others.

How would you differentiate the market of the Jetour X series versus the T series? What demographic or customers are you looking at for the two of them?

For the Jetour product strategy, we have two categories. The X series are family SUVs, including the X70, X90, Dashing, and X50. The second category is comprised of the T series — off-road SUVs which include the T1, T2, and even the future T5 and T7 models.

The Philippine market today features many China-headquartered auto brands. How is Jetour being positioned to stand out versus the competition? What do you want the market to know about Jetour?

Yeah, yeah. I understand there are so many Chinese brands there now. For Jetour, we want to build up a reputation for having world-class hybrid off-road SUVs. That’s what we want to be known for.

China is high on new energy (or electrified) vehicles. It seems that Jetour is starting to push for the PHEV (plug-in hybrid electric vehicle) format, although we know you also have the Ice Cream battery electric vehicle. What’s the outlook like for the Philippines?

We will provide the products to meet customer requirements. I think our product strategy is always being driven by customer needs. So firstly, we think about off-road SUVs as our main area, followed by hybrid off-roaders. I understand also that the Philippine government still has the incentives like tax reduction for PHEVs. So you could say that we will adapt to customer requirements, followed by the governmental regulation.

Are you surprised that the T2 is the top seller in the in the Philippines? It used to be the Dashing, correct? And why do you think T2 is very popular among Filipinos?

Actually, we launched T2 in April (last) year, and we think it’s a very successful model because of the driving and handling performance and even its unique design — the boxy styling. Another unique feature is the higher ground clearance. I understand that few months ago, there was a heavy flood. The T2’s 220-millimeter ground clearance is a certainly a draw.

Last question: When can we see the T1 in the Philippines?

I believe it’s coming soon, but still I think we need to have the product strategy, step by step. We just launched X50 compact SUV at the Philippine International Motor Show, and hopefully we can introduce to you the T1. But we don’t want to rush for this model. Okay, I need the customers to digest the T2 and even X50. For the X70 Plus and the Dashing, we have some upgrades and modifications coming. So, I believe these models will bring a whole new experience to the customers.

I thought there was already a specific month, because I asked Mr. Ke (Jetour Auto International President) earlier during the press conference, and he said that we could expect it in 2025.

Yes, but I don’t want to provide a specific month because it’s still being confirmed.

Previous Post

Debt yields mixed amid weak activity

Next Post

Stealing our dignity

Next Post
Stealing our dignity

Stealing our dignity

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    July 11, 2025
    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    July 11, 2025
    UK government considers rescue deal for Speciality Steel amid fears of collapse

    UK government considers rescue deal for Speciality Steel amid fears of collapse

    July 11, 2025
    UK economy shrinks again in May, fuelling fears of faltering recovery

    UK economy shrinks again in May, fuelling fears of faltering recovery

    July 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.