Tuesday, May 19, 2026
31.1 C
New Delhi

China’s Aito targeting 1 million annual vehicle sales by 2030



<p>Overseas markets to account for 20% of sales within three years, says Aito chairman.<span class=

“/>

Overseas markets to account for 20% of sales within three years, says Aito chairman.

Huawei-backed Chinese electric vehicle brand Aito aims to more ‌than double ⁠its annual sales ⁠to 1 million vehicles by 2030, banking on a push into overseas markets, cutting-edge autonomous driving technology and possibly some unconventional in-car features to get there, Chairman John Zhang told Reuters.

Zhang said Aito, owned by Chongqing-based carmaker Seres Group, expects overseas sales to account for 20 per cent of total volumes within the next three years, up from less than 1 per cent currently as it begins to expand beyond China, ⁠the world’s largest car ‌market.

The company plans to enter some northern European markets this year, where EV adoption is higher. Zhang said the brand’s flagship M9 ⁠full-size SUV would form part of the initial push.

Aito has launched operations in the Middle East and was close to opening a dealership before the Iran war broke out at the end of February.

“People are not in the mode of paying such big amounts to get on the road,” in the Middle East, Zhang told Reuters on Thursday. “Hopefully we can do something in the second quarter.”

Aito sold 420,000 vehicles in 2025, ‌up nearly 8 per cent from 390,000 cars in 2024, emerging as one of the strongest performers in China’s high-end SUV segment.

Zhang said Aito expects its vehicles will be capable ⁠of Level 4 autonomy in 2027, ready for regulatory approval, which he expects to come in about two years.

Under Level 4 autonomy, vehicles can drive themselves without human intervention under certain conditions.

The brand also plans to differentiate itself in the premium segment through unusual technology features, including projector headlights. Aito is also evaluating whether to add an odourless in-car toilet stored beneath a seat.

“When you’ve got to go, you’ve got to go,” he said.

  • Published On Apr 23, 2026 at 07:53 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETAuto industry right on your smartphone!

Go to Source

Hot this week

Niger signs major oil agreements with Chinese firms after months of tensions

Niger has signed a series of new oil agreements with Chinese firms, including $1 billion in projects aimed at boosting production and exports after months of tensions between the two sides. Read More

Lahore Streets Reclaim Old Names As Pakistan Restores Pre-Partition Identity; Islampura Turns Krishan Nagar

Punjab government approves plan to restore pre-Partition names of Lahore roads and revive heritage sites as part of a project led by former PM Nawaz Sharif Go to Source Read More

Trump Settles IRS Case As DOJ Creates $1.8 Billion ‘Weaponization’ Compensation Fund

As part of the settlement, Trump, his sons and the Trump Organization will receive a formal apology, though no financial compensation has been included. Read More

Huma Qureshi Makes A Striking Final Appearance At Cannes In Oscar de la Renta

Huma Qureshi stuns at the Cannes Film Festival in a ₹9.26 lakh Oscar de la Renta velvet gown with gold leaf embroidery. Read More

Pisces Horoscope Today, May 19, 2026

Pisces Daily Horoscope, May 19, 2026: Today, your creativity and compassion will bring you extraordinary success in your professional life. Read More

Topics

Niger signs major oil agreements with Chinese firms after months of tensions

Niger has signed a series of new oil agreements with Chinese firms, including $1 billion in projects aimed at boosting production and exports after months of tensions between the two sides. Read More

Lahore Streets Reclaim Old Names As Pakistan Restores Pre-Partition Identity; Islampura Turns Krishan Nagar

Punjab government approves plan to restore pre-Partition names of Lahore roads and revive heritage sites as part of a project led by former PM Nawaz Sharif Go to Source Read More

Trump Settles IRS Case As DOJ Creates $1.8 Billion ‘Weaponization’ Compensation Fund

As part of the settlement, Trump, his sons and the Trump Organization will receive a formal apology, though no financial compensation has been included. Read More

Huma Qureshi Makes A Striking Final Appearance At Cannes In Oscar de la Renta

Huma Qureshi stuns at the Cannes Film Festival in a ₹9.26 lakh Oscar de la Renta velvet gown with gold leaf embroidery. Read More

Pisces Horoscope Today, May 19, 2026

Pisces Daily Horoscope, May 19, 2026: Today, your creativity and compassion will bring you extraordinary success in your professional life. Read More

Aquarius Horoscope Today, May 19, 2026

Aquarius Daily Horoscope, May 19, 2026: Your new thinking and ideology will bring you success in both social and professional spheres. Read More

‘No understanding of the scale of India’: MEA slams ‘ignorant NGO reports’ after tense press clash in Oslo

NEW DELHI: Ministry of external affairs on Monday slammed Norwegian press over questions on press freedom, saying that that many people misunderstand India after reading reports published by “ignorant NGOs”. Read More

Coach teams up with Brain Dead for new collaboration

Published May 19, 2026 Coach on Monday unveiled its newest collaboration with Los Angeles streetwear brand Brain Dead, marking the occasion with a launch party in New York City that resulted in a surprise mini runway show at the event. Read More

Related Articles