(Photo: Business Wire)
About Hongqi
FAW Hongqi is a premium manufacturer of passenger vehicles with a time-honored history in China. In the recent three years, due to its brand reform and technological upgrade, Hongqi brand has gained greater popularity in China, especially sought-after by customers of all ages. In 2018, the annual sales of Hongqi vehicles reached above 30,000 units. In 2019, the sales volume surged to more than 100,000 units. From January to November 2020, the accumulated sales volume of Hongqi is 178,000, which is further expected to achieve 200,000 by the end of the year. Hongqi has already become one of the top luxury brands in China. In the last three years, Hongqi has participated in a series of important global automobile events, including the CES in the United States, Shanghai Auto Show, Frankfurt Auto Show, etc., where it has demonstrated its intelligent technologies and popular models, as well as showcased the strength of Chinese brands to the world.