Chinese automaker JAC Motors takes part in Kazakhstan’s Expo
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 the theme of the China Pavilion, “Future Energy, Green Silk Road,” JAC also took the opportunity to exhibit their latest green energy vehicle technologies and concepts.
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 the support of 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 the assembly of all JAC cars. Within the agreement, JAC is expected to meet demand in Russia and neighboring countries and regions and ultimately reach an annual production of 50,000 units.
With the agreement, the premiers of both China and Kazakhstan witnessed the start of another exciting production cooperation project between the two countries via remote video connection at the JAC plant in Kazakhstan on Nov. 3, 2016. This established JAC as a shining example of a successful independent Chinese automobile company along “the Belt and Road” economic zone.
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 percent of JAC’s exports. During the first five months in 2017, JAC exported 21,000 units to the area, making up 66 percent of all JAC exports.