Lantu Automobile has set an ambitious goal: to reach a sales target of 100,000 vehicles in 2024 and accelerate the development of intelligent layout

Lantu Automobile announced its sales target at the 2024 Ecological Partner Conference held recently. According to official disclosures, the company plans to hit a new milestone of selling 100,000 vehicles in 2024. This goal shows Lantu Automobile’s ambition for future development.

In 2023, Lantu Automobile’s performance in the market is eye-catching. According to data, the company sold more than 50,000 vehicles during the year, achieving growth for seven consecutive months. Lantu Automobile is one of only three companies to achieve its sales target. In addition, Lantu has also made important progress in product updates. In the second half of last year, the company launched several upgraded products, including Xinlantu FREE, Xinlantu Dreamer and Chasing Light PHEV. It is particularly worth mentioning that the monthly sales of Xinlantu Dreamer exceeded 5,000 units in December.

In terms of marketing and network layout, Lantu has demonstrated strong strength. As of the end of 2023, the company has opened 282 sales stores worldwide, including Lantu Space, Lantu Flagship Stores and Lantu Delivery Service Centers, covering 108 cities. At the same time, the number of users of Lantu Automobile App has also reached an astonishing 6 million. These figures prove Lantu’s wide recognition in the market and high user acceptance. Lantu's sales stores are reasonably laid out to meet consumers' car purchasing needs and provide high-quality after-sales services. The continued growth in the number of users of the Lantu Auto App reflects users’ trust and love for the Lantu brand and products. Lantu will continue to work hard to improve its own strength and provide users with better products and services.

According to the editor’s understanding, Lantu Automobile is full of confidence in the development of the future market. As the new energy vehicle market continues to expand, it is expected that the market size will exceed 11 million vehicles in 2024, with a penetration rate of 40%. In order to cope with this market trend, Lantu Automobile plans to strengthen cooperation with suppliers such as Huawei and Baidu to deepen its layout in the intelligent field. At the same time, the company will continue to invest in research and development and continuously launch new and modified products to meet the diverse needs of consumers. In addition, Lantu also plans to further expand sales channels. It is expected that the number of sales stores will exceed 400 in 2024, and the number of cities covered will reach more than 130.

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