May 9 news, learned from Skyworth Automotive official, special Arab royal HRHP Rima bint Abdullah bin Abdulaziz Al Saud.
Princess holding KAG Group recently conducted a ten-year strategic cooperation negotiation and contract signing with Skyworth Motor.
Source: Skyworth Automobiles, it is reported that the main business scope of KAG Group includes Saudi royal transportation, new energy vehicles, Saudi data analysis and consulting, more than 85% of Saudi municipal underground water conservancy and other businesses.
The 10-year strategy signed with Skyworth Motor is divided into two stages: the first stage is the first five-year cooperation business plan of 10 billion yuan, and the second phase five-year cooperation is further carried out according to the situation of the first stage.
At the same time, KAG Group has reached cooperation with Skyworth Automotive, including passenger cars, overcharging stations, Smart Life and other new energy products, including KAG Group, which is about to become Skyworth Automobile’s exclusive partner in Saudi Arabia.
It is understood that Skyworth has formulated the strategy of “global integration of home appliance brands”, continues to use Skyworth brand SKYWORTH in overseas markets, considers driving habits in different markets, carries out localized research and development, and provides left and right rudder, pure electricity and hybrid options to bring a good product experience for local consumers.
Wu Longba, co-founder and president of Skyworth Motor, said during this year’s Beijing auto show that Skyworth aims to sell 50, 000 vehicles this year, of which domestic and overseas sales account for about 5:5, compared with 6:4 for the whole of last year.
“We will continue to increase the distribution of overseas markets and gradually increase the proportion of sales in overseas markets.
” At present Skyworth Motor is constantly expanding its overseas footsteps by setting up KD factories in key areas of the world to achieve joint operation with the local government.
The Middle East is one of the main construction areas of Skyworth Automobile KD plant.
Officials said that in the future Skyworth Saudi KD factory will carry out in-depth cooperation with KAG and gradually sign various cooperation agreements.
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