Aiways expands into new European markets

Shanghai/Munich, March 16, 2022 – Shanghai-based personal mobility provider Aiways has expanded its number of European markets to 14 countries, following the addition of Croatia, Faroe Islands, Iceland and Slovenia. Car buyers in these countries will now have the option of purchasing the highly attractive Aiways U5 SUV and join the growing number of people across Europe discovering the exciting world of affordable ecomobility.

The addition of these four new markets follows the corporate news that Aiways completed a new round of financing worth hundreds of millions of dollars in January. The new investment is accelerating the development of the Aiways business globally – with particular focus on new market launches, ramping up production, new products and sustainable mobility, enhancing the user experience and developing the brand’s digital capabilities.

Dr. Alex Klose, Vice President of Overseas Operations at Aiways, said: “Much of the EU population can now buy the battery electric Aiways U5 SUV, which is a huge achievement for a young brand that’s faced unprecedent challenges over the last two years. It’s also very good news for people in these smaller markets who are intrigued by EVs and have been waiting for a quality car that delivers the fun, space and innovation of electric driving at an affordable price without compromise.

“We’ll continue to expand our presence in Europe with new markets and new product. Thanks to the investment and new members of the management board, we can accelerate the growth of our company in terms of digitalization, sales and, of course, brand awareness,” Klose added.

Aiways was the first electric vehicle start-up from China to successfully start selling cars in Europe and continues to grow its sustainable presence on the continent. Across all markets, the Aiways U5 SUV will be joined by the Aiways U6 SUV-Coupé for new and existing Aiways customers looking to cultivate an active lifestyle in 2022. Both models are battery electric, offering high quality, accessible zero emissions motoring, long range, class-leading practicality and state-of-the-art safety features. Aiways intends to release one new battery electric vehicle per calendar year in Europe.

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High resolution images can be found here: https://we.tl/t-kpbP83JrLa

About Aiways

Founded in 2017, Aiways is a Shanghai-based personal mobility provider with its European HQ in Munich, Germany. It was the first Chinese start-up to introduce an electric vehicle to the European market with the launch of the U5 in 2020 – a battery-electric SUV with impressive range, style, and quality. Aiways is rapidly continuing its expansion in Europe and beyond: order books are open in Germany, Netherlands, Belgium, Denmark, France, Israel, Switzerland, Spain, Portugal, Italy, Sweden, Croatia, Faroe Islands, Iceland, and Slovenia – with more markets to follow. The U5 SUV is produced at Aiways smart production facility in Shangrao – one of the most modern car production facilities in China. The IT- controlled processes with challenging quality gates follow the standards of Industry 4.0. With an initial production capacity of 150,000 units per annum, Aiways can increase this number to 300,000 units when global EV demand rises. Aiways’ next model for Europe will be the battery-electric U6 SUV-Coupé. With a focus on sophisticated aerodynamics, highly connected driving, safety technology, and a sporty design, the U6 SUV-Coupé is just the next chapter of Aiways’ promising future.​

Media information

You can find all Aiways press releases and press kits, as well as a wide selection of high resolution, downloadable photographs, and video footage on the media website: http://media.ai-ways.eu/.

Aiways media contacts

Bernd Abel, Aiways Automobile Europe GmbH
+49-89-6931352-69
bernd.abel@ai-ways.com

Emma Hai, Aiways
+86 186 0104 2089
yang.hai@ai-ways.com / emma.hai@ai-ways.com