Yi Yaqin, General Manager of Hunan Construct...
2024-04-07
Company and industry dynamics
2025-12-29 Recently, ZMEV has become the focus of reports on multiple official public accounts. Related articles have elaborated on ZMEV's development trends, business layouts, and future plans, showcasing its strong strength and boundless potential.

Founded in May 2023, ZMEV, though starting late, has risen rapidly like a "dark horse". Its business covers multiple sectors such as vehicle manufacturing and sales, online car-hailing operations, and component production and marketing. This year, sales of its own-brand new vehicles have exceeded 6,000 units, twice that of the same period last year, and its annual revenue has surpassed 600 million yuan, more than tripling compared to last year.
In overseas markets, ZMEV has achieved remarkable results. It has a solid presence in Africa. The factory in Kenya has an annual production capacity of 8,000 units. ZMEV has launched new energy online car-hailing services in 18 African countries and ranks first in market share in countries like Kenya and Côte d'Ivoire. It has also deployed over 1,000 new energy online car-hailing vehicles and 500 charging piles. Meanwhile, ZMEV signed the "Saudi Arabia Commercial Vehicle Project Cooperation Agreement" with Beijing Sihai Hongda Construction Engineering Labor Service Co., Ltd., stepping into the Middle Eastern market. This project will be implemented in three phases, aiming to form a closed-loop full industrial chain.
In response to the continuously growing market demand, founder Li Xiuwei said ZMEV is actively expanding production capacity. It is expected that new vehicle sales in the African market will exceed 10,000 units next year, and the company's revenue is expected to surpass 1.5 billion yuan by 2026.
In the future, ZMEV will accelerate its pace towards covering a wider market and building a complete industrial chain, creating more glories!
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