Why is there no more Xiali car?
1 Answers
Due to Xiali's market share being concentrated in the taxi sector, this led to its slow model updates and outdated product competitiveness. Especially with the impact of market policies, Xiali's sales plummeted dramatically. Below is an introduction to Xiali: 1. Introduction: Xiali is a company engaged in the research, development, production, and sales of automobiles, established on August 28, 1997, with its headquarters located in Tianjin. The predecessor of Xiali Company was Tianjin Automotive Xiali Co., Ltd. 2. History: The company's predecessor was Tianjin Automotive Xiali Co., Ltd., established on August 28, 1997. It issued shares online on June 28, 1999, on the Shenzhen Stock Exchange and was listed on the Shenzhen Stock Exchange on July 27 of the same year, successfully entering China's capital market and becoming an important player in the automotive sector. 3. Models: Tianjin FAW brought four models to the exhibition, including the Xiali N5, Vizi V1, and two modified models, TFC-C2 and TFC-H2.