In a recent media partner event held on June 12, 2024, in Hanoi, the representative of the joint venture distributing Omoda & Jaecoo car lines revealed their plan to inaugurate 20 3S dealerships following global standards in 2024. The brand also announced its roadmap to increase the total number of 3S dealerships to a minimum of 30 in 2025. The entire dealership system will be constructed according to global 3S standards, providing comprehensive sales and after-sales services for Omoda & Jaecoo car buyers in Vietnam.
Up to now, the joint venture representative shared that Omoda & Jaecoo has appointed 15 Authorized Dealers, who are currently in the process of construction and will soon be operational.
Omoda & Jaecoo revealed their plan to inaugurate 20 3S dealerships following global standards in 2024
A diverse and comprehensive range of products, including gasoline (ICE), Plug-in hybrid (PHEV), and Battery Electric Vehicles (BEV), are being distributed. This is also a differentiating factor compared to other automobile brands in the Vietnamese market.
Omoda & Jaecoo are two new automobile brands launched in 2023 under the Chery Automobile Group – one of China’s largest automobile manufacturers. Established in 1997, Chery is headquartered in Wuhu, Anhui Province, China. For 21 years, Chery has consistently been China’s top automobile exporter. Before entering Vietnam, Chery was already present in other Southeast Asian markets such as Indonesia, Thailand, Malaysia, and the Philippines.
Omoda & Jaecoo are automobile brands targeting the younger generation, with quality standards positioned for export beyond the Chinese domestic market. Omoda emphasizes personalization, fashion, and technology, while Jaecoo aims at a more premium segment.
The first models to enter the Vietnamese market from Omoda and Jaecoo will be the 5-seat Crossover Omoda C5 and the C-size SUV Jaecoo J7. The brands announced that these models will be officially launched in Vietnam in August this year.
Jaecoo J7 model
Omoda C5 model
Chery has been exploring the Vietnamese market very early on, but due to the Covid pandemic in 2021, and up to now, Omoda & Jaecoo-branded cars have not officially reached consumers, lagging behind many other Chinese car brands such as Wuling, Haval, Lynk&Co, and Haima…
Regarding the Chery – Geleximco joint venture, on April 4, 2024, the Omoda & Jaecoo brands signed a contract for a joint venture and cooperation in building an automobile factory with the Geleximco Group. As announced at the signing ceremony, the Omoda & Jaecoo factory will be located in Thai Binh province and specialized in producing new energy vehicles (NEVs). NEV is a general term for Plug-in Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV), and Fuel Cell Electric Vehicles (FCEV).
The Omoda & Jaecoo factory in Vietnam will have an estimated capacity of 200,000 vehicles per year. The construction process will be divided into three phases, with a total estimated investment of over $800 million. The factory will be inaugurated in the third quarter of this year and is expected to complete the first phase in the first quarter of 2026. Before the factory becomes operational, the Omoda & Jaecoo brands will import cars from Indonesia for distribution in Vietnam.
“Chaotic” Car Dash Cam: Unleash the Power of Safety Recording
“Wow, this is the phrase that many people exclaim after doing their research. Which is the best dash cam? Are cheap dash cams truly “cheap”? How much should one spend on a dash cam that is suitable? These are common questions when someone begins to explore and select this device.”
[CAR REVIEW] The Newly Launched BMW iX3 in Vietnam: Compact, Practical, and Expensive
As the second electric car introduced by BMW, the iX3 caters well to everyday urban usage needs. However, it will still take time to reach customers.
Which 7-seater SUV to choose within the budget of 1 billion VND?
In recent times, the 7-seater SUV market in Vietnam has been booming. This segment has caught the attention of Vietnamese customers due to its practicality and high safety standards. Below are some examples of 7-seater SUVs within the price range of 1 billion VND that are “worth every penny.”
[CAR REVIEW] Wuling Mini EV: Affordable, Compact, Convenient, but…
Even though it is only sold in its home country, China, the Wuling Mini EV has quickly surpassed the Tesla Model 3 to become the world’s best-selling electric car thanks to its affordable price and compact size. Expected to be available from late June 2023, will this model be successful in Vietnam?
The Perfect Ford Ranger 2022: The King of Pick-up Trucks
Immediately after the successful launch of the Ford Everest, the popular SUV model that caused quite a stir, Ford Ranger seizes the opportunity to update and release a completely new version. With this exciting development, it is poised to maintain its dominance in the pickup truck segment in Vietnam.
