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May 6, 2022

Skywell targets 250,000 global EV sales by 2025

Sales target of 250,000 electric and hybrid vehicles a year.

Chinese electric vehicle (EV) manufacturer Skywell Automobile said it aimed to sell 30,000 vehicles this year, including 4,000 exports.

The company, established by Huang Hongsheng, the founder of local television manufacturer Skyworth Group, sold just 11,100 vehicles in China in 2021 but has set out ambitious medium term growth targets. It is part of the Skywell New Energy Automobile Group, which also encompasses commercial vehicle and related supply chain manufacturing operations.

Skywell has set itself a global sales target of 250,000 electric and hybrid vehicles a year by 2025 with exports expected to account for 80,000 of those as the company eyes growing global demand for low and zero emission vehicles.

It will initially target key export markets in Europe, Mexico, Israel and Jordan.

In China, the EV-maker is selling through Skyworth Group outlets and distribution networks.

Its main passenger vehicle model is the battery powered ET5 SUV, while the company also sells a broad range of BEV commercial vehicles, including buses of all sizes, trucks and special purpose vehicles.

At the end of April, the company launched the new HT-i plug-in hybrid passenger car which it claims has a range of over 1,200 km (750 miles).

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