Chijet focuses on expanding the performance of electric vehicles with minimal environmental/carbon footprint while also manufacturing, selling, and servicing traditional-fuel vehicles.
Today, the company sells vehicles through 300+ dealerships in China and Southeast Asia and produces a variety of models through its Chinese subsidiary FAW Jilin Automobile Co., Ltd. (“FAW Jilin”). These include 3 SUV models sold under the Senya brand and four light-truck models sold under the Jiabao brand.
Chijet is partnered with FAW Group (“FAW”), one of China’s ‘Big Four’ auto manufacturers. With more than 3 million cars produced so far and $100+ billion in annual revenue for 2021, FAW ranked 66th in 2021, 79th in 2022 on the Fortune 500 global list.
In 2019, Chijet indirectly purchased a majority interest (60.05%) in FAW Jilin from FAW. The company also constructed a 5.15 million-square-foot factory in Yantai, China, dedicated to producing electric vehicles and serving as a new corporate headquarters.
Chijet’s management team includes industry veterans with decades of experience in engineering and design, management, financing, industrial production, and financial management.
The FAW Jilin production subsidiary has received the IATF16949 quality management system certification, ISO45001 occupational health and safety management system certification, ISO14001 environmental management system certification, and the ISO50001 energy management system certification.