One production model launched by VOYAH – Dongfeng's premium new energy vehicle (NEV) brand based in WEDZ. [Photo provided to en.whkfq.gov.cn]
The Wuhan Economic & Technological Development Zone's (WEDZ) total retail sales of consumer goods increased by 17.1 percent from January to October this year. The growth rate is 13.2 percentage points higher than the municipal level, making WEDZ the economic champion in Wuhan, according to the news from the zone's business promotion bureau on Dec 5.
Over the first 10 months of this year, WEDZ registered 9.14 billion yuan ($1.3 billion) in automobile product retail sales above a designated size, a year-on-year increase of 147.3 percent. Among them, the retail sales of NEV were 5.96 billion yuan, up 531.3 percent over the same period last year.
VOYAH – Dongfeng's premium NEV brand, for example, took only three years to enter the European market as the first State-owned NEV brand to go global. Statistics show that from August 2021 till now, VOYAH has delivered 24,471 cars to consumers. This month, VOYAH will reportedly roll out its first sedan.
WEDZ has been coordinating its socioeconomic development in line with COVID-19 prevention and control policies. A slew of car purchasing incentive policies have been launched by the zone to spur local vehicle consumption.
