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0.0271739130434783 0.0869565217391304 0.0869565217391304 0.0869565217391304 -0.0217391304347826 -0.0217391304347826 -0.0217391304347826 -0.0217391304347826
Stock impact report

Chijet Motor Company, Inc.’s Subsidiary FAW Jilin Breaks Ground in South America with Export of 100 Senia R7 Taxis to Colombia

Chijet Motor Company, Inc. (CJET) 
Company Research Source: GlobeNewswire
JILIN CITY, China, March 06, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (Nasdaq: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) in China, today announced a significant milestone in its global expansion efforts with the export of 100 Senia R7 taxis to Colombia, South America through its majority-owned subsidiary, FAW Jilin Automobile Co., Ltd (“FAW Jilin”). The total sales price amounts to US$ 785,000 (approximately ¥5.7 million RMB). With a focus on sustainable transportation solutions, FAW Jilin aims to enhance its export activities, with projections indicating a notable increase in exports for 2024.  Exporting whole cars to South America demonstrates Chijet's commitment to enter into new markets. Looking ahead, Chijet is poised for further expansion into key regions such as North Africa, the Middle East, Central Asia, and Oceani Show less Read more
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