Sehol E20X 002
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Sehol E20X 002
Sehol () or previously, Sol, is a Chinese car brand launched on April 24, 2018 by a SEAT and JAC Volkswagen Automotive Co., Ltd. joint venture. History The original name Sol itself derives from the word ''sol'' which in Spanish stands for sun and pays a tribute from one part to the Spanish roots of the brand and on the other part to renewable energy powered vehicles planned to make up its range. The brand comes as a compromise among all parts in a stance where the original plan included the direct use of the SEAT brand name with the Chinese local authorities negating in a change of mind and calling for a whole new local brand to be launched. Recent lift of caps on foreign car makers controlling their electric vehicle joint ventures in China, however the car company has pushed Volkswagen Group examining a buyout of their Chinese partner JAC Motors and subsequently their formed joint venture. In 2020, the Volkswagen Group increased its stake in the joint venture, JAC Volkswage ...
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JAC Motors
JAC Group (; officially Anhui Jianghuai Automobile Group Corp., Ltd.) is a Chinese automobile and commercial vehicle manufacturer.U.S.-China Commercial Relations: Navistar Inc.-- JAC Truck and Engine Joint Ventures
ustr.gov, January 2011
The company is based in Hefei, China. The company produced about 524,000 units in 2021, including 271,800 commercial vehicles and 252,500 passenger vehicles. It also sold 16,800 battery electric vehicles (BEVs) in December 2021.


History

Established in 1964 as Hefei Jianghuai Automobile Factory, its name was changed to Anhui Jianghuai Automobile Co., Ltd. in 1997. The company initial public offering, launched their stock on the Shanghai Stock Exchange in 2001.
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