Zotye – China Car News, Reviews and More https://www.chinapev.com Vehicle News About China Mon, 27 Feb 2023 01:18:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 Zotye’s Jiangnan U2 will be the first new EV after reorganization https://www.chinapev.com/zotye/zotyes-jiangnan-u2-will-be-the-first-new-ev-after-reorganization/ Fri, 10 Feb 2023 08:11:00 +0000 https://www.chinapev.com/?p=20642 When it comes to the brand of Jiangnan Auto, even the Chinese themselves may be unfamiliar or even unaware of it, but when it comes to Zotye Auto, we believe many people have an impression. In the era of fuel vehicles, with a price of 20,800 yuan, Jiangnan TT (a copycat of Suziki ALTO), a […]]]> Successfully resuming production, Zotye T300 launches overseas strategy https://www.chinapev.com/zotye/successfully-resuming-production-zotye-t300-launches-overseas-strategy/ Mon, 19 Dec 2022 03:58:05 +0000 https://www.chinapev.com/?p=20444 Zotye, which has re-launched its model in China and launched it on the market, has recently made a substantive new move. It recently signed the “Exclusive Distribution and Service Agreement” with Lusai International. As the exclusive exporter and agent of the vehicle models in the agreement. The model sold in this agreement is the Zotye […]]]> Adding insult to injury: Zotye Auto’s parent company was ruled bankrupt https://www.chinapev.com/zotye/adding-insult-to-injury-zotye-autos-parent-company-was-ruled-bankrupt/ Thu, 24 Dec 2020 14:44:02 +0000 https://www.chinapev.com/?p=17547 The future of Zotye Automobile casts another shadow. On the evening of December 23, the Shenzhen Stock Exchange listed company Zotye Auto announced that its parent company (actual controller) Tech-New Group had recently received the “Civil Ruling” issued by the Yongkang Court, declared bankruptcy of Tech-New Group, indicating that the major shareholder of Zotye Automobile […]]]> Zotye’s plan to enter the United States is blocked, HAAH suspend the import of Zotye models https://www.chinapev.com/zotye/zotyes-plan-to-enter-the-united-states-is-blocked-haah-suspend-the-import-of-zotye-models/ Tue, 02 Jun 2020 03:08:20 +0000 https://www.chinapev.com/?p=14756 According to U.S. Automotive News, the U.S. auto dealer HAAH Automotive (hereinafter referred to as “HAAH”) has announced plan to suspend the import of Zotye’s products. It is reported that in November 2018, Zotye Automobile and HAAH jointly established Zotye Automobile America, and planned to officially sell models in the United States in 2020. In […]]]> Huge Loss! Zotye Auto Expects to Lose RMB 6-9 billion in 2019 https://www.chinapev.com/zotye/huge-loss-zotye-auto-expects-to-lose-rmb-6-9-billion-in-2019/ Wed, 22 Jan 2020 08:45:45 +0000 https://www.chinapev.com/?p=12584 On January 20, Zotye Automobile issued 2019 annual performance forecast, announcing that it expects to lose about 6-9 billion yuan (~US$0.89 – 1.3 billion) in 2019, which is a decrease of 850% -1225% compared with a profit of 800 million yuan in the same period last year. According to Zotye, the main reason for the […]]]> 2020 Zotye T700 Opens for Pre-sale, Price Starts At 119,900 yuan https://www.chinapev.com/zotye/2020-zotye-t700-opens-for-pre-sale-price-starts-at-119900-yuan/ Fri, 11 Oct 2019 12:22:53 +0000 https://www.chinapev.com/?p=11885 We learned from Zotye official that the 2020 Zotye T700, officially opened for pre-sale, Zotye T700 is positioned in a mid-to-large SUV, pre-sale price starts at 119,900 yuan (~US$16,896). The new car is upgraded for technical configuration, enriching the car experience for drivers and passengers. As a model year refresh, 2020 Zotye T700 is consistent […]]]> Zotye’s Sub-Brand Traum Is About to Go Bankrupt, Traum was Once the High-End Brand of Zotye https://www.chinapev.com/zotye/traum-auto/zotyes-sub-brand-traum-is-about-to-go-bankrupt-traum-was-once-the-high-end-brand-of-zotye/ Tue, 03 Sep 2019 09:35:59 +0000 https://www.chinapev.com/?p=11324 Recently, according to employees from Traum Auto (“君马”, Chinese spelling “Junma”), a sub-brand of Zotye, Traum Auto “has gone bankrupt”, all senior staff left, and the dealers are in an unmanned state. The company still owes employees four months of unpaid wages, involving 210 employees. At present, Traum’s Xiangyang production base has been completely dissolved, […]]]> 74,000 Units Sold, Zotye Pre-deficit 270 to 320 Million Yuan in the First Hlf of 2019 https://www.chinapev.com/zotye/74000-units-sold-zotye-pre-deficit-270-to-320-million-yuan-in-the-first-hlf-of-2019/ Tue, 20 Aug 2019 11:45:42 +0000 https://www.chinapev.com/?p=10953 There are indications that Zotye is in trouble. On the evening of August 19, Zotye Auto disclosed its semi-annual results forecast that the company expects a loss of about 270 million yuan to 320 million yuan in the first half of the year, however, a net profit of 305 million yuan in the same period […]]]> Zotye T100 EV Unveiled on MIIT China https://www.chinapev.com/zotye/zotye-t100-ev-unveiled-on-miit-china/ Tue, 18 Jun 2019 08:48:25 +0000 https://www.chinapev.com/?p=7640 We obtained the declaration information of Zotye’s new pure electric vehicle, Zotye T100 EV, from the Ministry of Industry and Information Technology. The overall Originality of the new car is relatively high. With the smaller body size, it is in line with daily commuting. In terms of appearance, the overall design of Zotye T100 EV […]]]> Zotye’s New SUV A16 to be Named Zotye TS5, Powered by 1.5T Engine https://www.chinapev.com/zotye/zotyes-new-suv-a6-to-be-named-zotye-ts5-powered-by-1-5t-engine/ Tue, 18 Jun 2019 06:53:22 +0000 https://www.chinapev.com/?p=7619 We obtained the declaration information of Zotye A16 from the MIIT China recently. According to its rear badge , the new car will be named Zotye TS5. it is positioned as a compact SUV and is expected to be officially launched in the third quarter 2019. Appearance of Zotye TS5 adopts the family’s latest 3.0 […]]]>