EXEED increases NEV sales share amid European expansion

EXEED reported a 7.8 percentage-point month-on-month increase in its New Energy Vehicle (NEV) sales share in August. This growth was supported by a diverse powertrain lineup including PHEV, REEV, and BEV models.

The brand has intensified its presence in Europe, specifically focusing on Eastern Europe through a brand refresh and the launch of the MX sedan and ET8 flagship SUV. EXEED has also engaged in high-end cultural sponsorships, such as the Pride of Poland Arabian Horse Show and participation in the UK’s CarFest, to elevate its brand positioning.