Latest news with #JameelMotors'
Daily News Egypt
21-05-2025
- Automotive
- Daily News Egypt
Jameel Motors and GAC to Sign MOU to Launch KD Vehicle Assembly Operations in Egypt together with a Local Assembler and Component Suppliers
Jameel Motors, a leading provider of mobility solutions and partner of choice to top automotive brands, and GAC, one of China's largest automakers that is globally recognized for safety, quality, innovation, and sustainability, have signed a Memorandum of Understanding (the ' MoU') to launch a Knocked Down (KD) operation in Egypt, subject to completion of all related regulatory approvals. Under the terms of the MoU, Jameel Motors and GAC will collaborate with a local assembler and component suppliers, to assemble GAC vehicles in Egypt. Egypt's automotive market, which has a large potential, represents a long-term opportunity for both Jameel Motors and GAC. Through this collaboration, the businesses aim to combine Jameel Motors' operational excellence and local expertise with GAC's advanced technological know-how. The focus will be on assembling one GAC model first, with the goal to expand the assembly operation long-term and build up a competitive line-up of advanced vehicles. This MoU reflects both businesses' long-term commitment to the Egyptian market and its socio-economic growth, including through job creation, technical upskilling and planned training programs for Egyptian youth, and supports Egypt's Vision 2030 goals. Jasmmine Wong, CEO of Jameel Motors, said, 'This MoU is a significant milestone – both for Jameel Motors and for our ongoing collaboration with GAC. We have been committed to the Egyptian market for almost two decades and it is an honor to now deepen our commitment with the planned KD operation.' Wei Haigang, the General Manager of GAC INTERNATIONAL, said,' This signing marks a new stage in the cooperation between both parties and will undoubtedly bring higher-quality products and more attentive services to the Egyptian market and its users. It also lays a solid foundation for both sides to better integrate into the local community, serve the local market, and contribute to local development.' The collaboration on KD businesses will start with establishing a JV Company with an expectation that the assembly operation to start in H2 2026, subject to completion of all related regulatory approvals. The KD operation will complement Jameel Motors' current business in Egypt, including as exclusive distributor of GAC and through Jameel Motors, offering comprehensive sales and after-sales services. GAC is one of China's largest car manufacturers, ranking as number 181 in the Fortune Global 500 and having gained international recognition for its high-quality vehicles, advanced technological solutions, and commitment to sustainability. GAC is setting new standards in mobility through advanced technology combined with exceptional design and high-quality craftsmanship. Today, GAC INTERNATIONAL has a market presence in a total of 76 countries and regions worldwide. Jameel Motors is building on 70 years of automotive excellence and represents some of the world's most recognized commercial and passenger vehicle brands, with operations in more than 10 countries across the Middle East, Africa, Europe, Asia and Australia.
Mid East Info
23-04-2025
- Automotive
- Mid East Info
Jameel Motors Expands its EV Portfolio in the UAE with the Launch of Farizon H9E Electric Truck - Middle East Business News and Information
The launch reflects Jameel Motors' ongoing commitment to introducing advanced green mobility solutions. The announcement builds on the strategic distribution agreement signed in January 2025 between Jameel Motors and Farizon Auto. Jameel Motors helps address the increasing demand for cleaner, more efficient commercial transport solutions in the UAE. United Arab Emirates, Dubai: Jameel Motors , a leading provider of mobility solutions and partner of choice to top automotive brands, and Zhejiang Geely Farizon New Energy Commercial Vehicle Group (Farizon Auto), the commercial vehicle sector of Geely Holding Group, a Chinese new energy commercial vehicle leader, have announced the launch of the Farizon H9E electric truck in the United Arab Emirates (UAE). The announcement builds on the strategic distribution agreement signed in January 2025 between Jameel Motors and Farizon Auto, which focuses on the distribution of innovative brands within Farizon Auto's portfolio of new energy vehicles in the UAE. The agreement, which saw the successful launch of the innovative all-electric Farizon SV model, is part of a major international collaboration across several markets, reflecting Jameel Motors' ongoing commitment to introducing advanced green mobility solutions. Farizon Auto is China's first commercial vehicle brand to offer a full range of new energy products, including heavy trucks, light trucks, micro trucks, LCVs, and buses. Farizon Auto's versatile H9E truck range is engineered to deliver reliable electric performance across diverse commercial applications. From the nimble 4.5-ton variant ideal for urban deliveries to the robust 8-ton model, the H9E series combines practical functionality with zero-emission operation. The H9E truck range will be available for purchase in the UAE in H2 2025. Urs A. Läuppi , Chief Executive Officer – China Businesses for GCC and After Market Parts and Export for Jameel Motors, said: 'The introduction of the Farizon H9E truck series aligns with our mission to provide cutting-edge, sustainable transportation solutions in the UAE. This addition to our portfolio enables businesses to electrify their fleets, reduce operational costs, and contribute to the nation's carbon neutrality goals.' With one of the most diverse line-ups of new energy vehicles, Jameel Motors is addressing the increasing demand for cleaner, more efficient commercial transport solutions in the UAE. This latest launch underscores its commitment to supporting the UAE's transition toward more sustainable forms of mobility. About Jameel Motors: Jameel Motors is a leading provider of mobility solutions and partner of choice to top automotive brands. It is owned by a Saudi family, the Jameel Family, and has international operations in over 10 countries, including the UK, UAE, Türkiye, Morocco, Egypt, Algeria, Japan, China, Australia, Monaco, South Africa and Poland. Jameel Motors represents some of the world's most recognized commercial and passenger vehicle brands, including Toyota, Lexus, BYD, GAC Motor, MG Motor, Farizon Auto, Changan Automobile and Hino. Jameel Motors' deep market knowledge as an independent international distributor enables its OEM partners to grow closer to their customers, driving both market share and sustainable growth with high customer satisfaction and loyalty. About Farizon: Farizon New Energy Commercial Vehicle Group is the commercial vehicle sector of Geely Holding Group. With the support of Geely Holding Group's Central Research Institute, Farizon New Energy Commercial Vehicle Group has founded China's largest new energy commercial vehicle research institute. It is responsible for the R&D of a new generation of green and intelligent commercial vehicle products based on passenger vehicle technology. It has formed two core technology routes of 'Methanol-Hydrogen + Electric'. Farizon has become China's first commercial vehicle brand to offer a full range of new energy product. Farizon is committed to becoming a comprehensive intelligent and green transportation technology service provider. In 2024, Farizon has defended its championship in the Chinese market and also reached the milestone of 300,000-unit sales, becoming the first new energy commercial vehicle brand who ever achieved this goal. Copyright Notice & Disclaimer: ©. JAMEEL MOTORS TRADING L.L.C All rights reserved. The Jameel Motors name and the Jameel Motors logotype and pentagon-shaped graphics are trademarks or registered trademarks of Abdul Latif Jameel IPR Company Limited. The term 'Jameel Motors' refers broadly to several distinct, separate, and independent legal entities. Jameel Motors is not itself a corporate entity, association or conglomerate run by an overarching parent company but merely refers to a network of distinct and wholly separate legal entities that are collectively referred to under the brand name 'Jameel Motors.' Jameel Motors is not a 'corporate group' as defined in Section 1161(5) of the UK Companies Act 2006, or 'conglomerate' as defined in Section 7, US Clayton Act 1964. Data: The information presented in this document is intended for general informational purposes only. Any numerical data provided is accurate as of June 2024 but may not be updated in real-time and becomes outdated over time. While every effort has been made to ensure the accuracy and reliability of the information provided, Jameel Motors makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the content contained herein. 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Forward-looking statements are statements regarding matters other than historical fact, such as future results, events, activities, developments or circumstances or the beliefs, plans or expectations of Abdul Latif Jameel entities or their respective managements. Forward-looking statements often can be identified by the use of words such as 'expect', 'project', 'anticipate', 'plan', 'estimate', 'believe', 'predict', 'intend', 'potential', 'possible', 'probable', 'likely', 'forecast', 'guidance', 'outlook', 'goal', 'target', 'may', 'will', 'should' or 'could' or other similar terms or phrases. However, the absence of such words does not mean that a particular statement is not forward looking. Forward-looking statements are based on expectations and assumptions at the time of such statements and are subject to numerous risks and uncertainties, many of which are outside the control of Abdul Latif Jameel entities. 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Arab News
01-04-2025
- Automotive
- Arab News
Jameel Motors brings Changan to South Africa
Jameel Motors, a provider of mobility solutions and partner of choice to top automotive brands, and Changan Automobile, have signed an agreement to distribute sports utility vehicles, sedans, pickups, and new energy vehicles in South Africa. This marks a new market entry for Jameel Motors. The South African market represents a significant long-term investment opportunity, given that it is the largest automotive market in Africa, with new vehicle sales totaling more than 500,000 in 2024, as well as the growing demand for affordable vehicles with the latest technology. In January 2025, the new passenger car market saw an increase of 18.3 percent cars sold year on year. Jameel Motors' commitment includes creating jobs and developing local dealerships, contributing to the economic growth of the country. Jameel Motors will initially focus on the distribution of Changan and Deepal products. Changan offers sedans, SUVs and pickup combustion engine vehicles, while Deepal focuses on NEVs. Both Deepal and Changan vehicles are ideal for South Africa's diverse terrain and road conditions. Building on its strong track record, Jameel Motors is well positioned to meet local customer preferences. Vehicles will be available for purchase in Q4 2025. Jasmmine Wong, CEO — mobility, Abdul Latif Jameel, said: 'We are thrilled to announce Jameel Motors' market entry to South Africa, especially as we do so with Changan Automobile, a forward-thinking automotive player with exceptional products. We are looking forward to driving long-term growth in the market and empowering drivers across South Africa with expanded and superior personal mobility choices.' XIAO Feng, general manager, Changan Automobile Middle East and Africa business unit, said: 'This is a new milestone for our business in South Africa. Changan Automobile, as a leading Chinese automotive company, has been committed to building a world-class automotive brand. We are confident that, through the strategic cooperation with Jameel Motors, we will be a key player in the South African market.' Jameel Motors in South Africa will be headed by Marinus Venter, an accomplished professional with 18 years of experience leading automotive brands. Having been at the forefront of introducing new and innovative vehicle models to the market for the likes of Nissan and Mercedes-Benz Vans, Venter brings with him extensive expertise in after-sales, marketing, business planning, product management, customer service, and parts. He said: 'I am honored to join a business that is building on 70 years of automotive excellence, as we introduce Changan and Deepal vehicles to South Africa. By leveraging Jameel Motors' extensive experience and Changan Automobile's renowned focus on safety, quality, and technology, I believe we can effectively meet the diverse automotive demands of South African drivers and deliver a positive market experience.' Changan Automobile is one of China's four largest automotive groups, with a presence in 70 countries, sales of 2.7 million units (2024) and a strong focus on safety, innovation and technology. Jameel Motors represents some of the world's most recognized commercial and passenger vehicle brands and has operations in more than 10 countries across the Middle East, Africa, Europe, Asia and most recently Australia. This agreement marks another milestone as Jameel Motors continues to expand internationally and harness innovation for the future of mobility.
