VOYAH Motors has delivered 1,729 new vehicles in December 2022, an increase of 14.7% from the previous year. 19,409 new vehicles were delivered from January to December 2022.
Lu Fang, CEO of VOYAH, said that due to the epidemic in December, the company faced a huge staff shortage in operation and delivery, and the daily operation of sales stores and customer licensing nationwide were greatly affected. It is believed that the company’s sales and service system will return on the right track as the epidemic eases and the Spring Festival holiday ends.
VOYAH Motors announced the completion of the A round of war financing agreement in November last year, raising nearly 5 billion yuan, with a market valuation of nearly 30 billion yuan after the financing. 78.88% of the shares are held by Dongfeng Group, 12.37% by A round investors and 8.75% by VOYAH employee shareholding platform after the A round of financing.
At present, VOYAH has completed the layout of three product categories: SUV, MPV and sedan. As of December 2022, the average price of a single vehicle under Arturo’s products is over RMB 382,000.
As for the service network, as of December 31, 2022, VOYAH has opened 198 stores nationwide, including 140 VOYAH Space, 1 VOYAH Flagship Store and 57 VOYAH Delivery Service Centers, and the sales and service network covers 88 cities worldwide. By 2023, the number of VOYAH sales and service stores is expected to increase to 398, covering 120 cities.
In terms of going abroad, VOYAH will enter the European market in June 2022, with the first stop in Norway, and the first 500 units of VOYAH FREE Pure Electric Edition arrived in Oslo, Norway at the end of November, and 136 units will be delivered to Norwegian customers in December. 2023, VOYAH will also enter Israel, Sweden, Netherlands and Denmark to expand its overseas stores, and continue to expand its overseas model lineup.
