Chinese Automaker JAC Motors Exhibited at Expo 2017 Held in Kazakhstan

At the ongoing Expo 2017 in Astana, the leading Chinese automaker JAC Motors and its Kazakhstani distributor showcased three models: the S3, the iEV6S, and the iEV5. Echoing China Pavilion’s theme, “Future Energy, Green Silk Road,” JAC also took the opportunity to exhibit their latest green energy vehicle technologies and concepts.

Making a mark in Kazakhstan
As an important nation along the corridor, Kazakhstan connects China with Central Europe via “the Belt and Road” economic zone. The country covers a large region of Central Asia and Eastern Europe and is one of JAC’s most valuable markets. In March 2015, with China’s Premier Li Keqiang and Kazakhstan’s Premier Karim Masimov, JAC and its distributor Allur Group officially signed the KD assembly licensing agreement.

As per the agreement, Allur Group, a Kazakhstan automotive company, will be responsible for assembling all JAC cars. By signing this agreement, JAC is expected to meet the demands in Russia and neighboring countries and regions and ultimately reach an annual production of 50,000 units.

Following the successful signing of the agreement, on November 3rd, 2016, both China and Kazakhstan’s premiers witnessed the start of another exciting production cooperation project between the two countries via remote video connection at the JAC plant in Kazakhstan. This established JAC as a shining example of a successful independent Chinese automobile company along “the Belt and Road” economic zone.

Successes of “the Belt and Road” Initiative
Utilizing the development opportunities of the “Belt and Road” initiative, JAC has exported products to more than half of the 60 participating countries. In 2016, more than 35,000 units were delivered along “the Belt and Road,” making up 62% of JAC’s exports. During the first five months in 2017, JAC exported 21,000 units to the area, making up 66% of all JAC exports.

Thanks to their strong investment in R&D, JAC has won the favor of Kazakhstani customers with a sales increase of over 500% in 2016, winning the No.1 market share among all Chinese brands in the country. On June 1st, JAC and Volkswagen signed a joint venture agreement in Berlin, Germany, to fund JAC Volkswagen Automotive Co., Ltd. The collaboration seeks to develop the new energy automobile market further, highlighting JAC’s ambition to further develop its green energy technology.