Nezha Automobile recently announced that they and their Malaysian partners completed the groundbreaking ceremony of their third overseas factory in the Rembau Chembong Industrial Zone, Negeri Sembilan. The factory is expected to start production in 2025, which will further consolidate Nezha Automobile's leading position in the local market.
Previously, Nezha Automobile had established production bases in Thailand and Indonesia. The Thailand factory is scheduled to be put into production at the end of November 2023, and large-scale production is planned to begin in the first quarter of 2024. The Indonesian factory is expected to start local production in the second quarter of this year.
According to the editor’s understanding, Nezha Automobile’s sales performance in overseas markets is very good. In 2023, Nezha Automobile's overseas sales will exceed 20,000 units, a year-on-year increase of 567%. They plan to further accelerate their overseas expansion in 2024, covering the market to more than 60 countries and increasing the number of overseas channels to more than 500. According to the delivery data released by Nezha Automobile earlier this month, a total of 127,496 units of all models were delivered in 2023, with cumulative sales exceeding 380,000 units. In overseas markets, Nezha GT has ranked first in sports car sales in the domestic market for seven consecutive months.
Nezha Automobile is actively expanding overseas markets and plans to launch 7 overseas products, covering mainstream A-class to E-class market segments, and develop left and right rudder models to meet different market needs. Cooperate with local partners to establish production bases and expand channel networks to better meet overseas market needs and provide more product choices to consumers.
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