On November 8th, there was a rumor that Zhongtai Motors will purchase new power brand cars this week. The investor relations department of Zotye Motors responded to this by saying, 'I haven't received this news.'

　　During the same period, the stock price of Zhongtai Automobile has increased, with a closing price of 3.89 yuan per share, an increase of 3.73%.

　　Image source: Zhongtai Automobile

　　At the end of 2021, Zhongtai Automobile went bankrupt and reorganized, introducing a new investor - Jiangsu Shenshang Holding Group Co., Ltd. Last October, Zhongtai Automobile officially resumed production, with the offline T300 overseas version mainly targeting overseas markets such as West Asia, South Asia, South America, and the Middle East. The 2023 T300L has been simultaneously launched into the domestic market, but the market performance is average. In terms of new energy, Zhongtai Automobile is still undergoing production transformation and has not yet mass-produced.

　　Due to sluggish sales, Zhongtai Automobile suffered a loss of up to 460 million yuan in the first three quarters of this year. Previously, it was also rumored that Zotye Motors would be "OEM" for the new power brand. Regarding this, Zhongtai Automobile's response on the interactive platform is that the company has discussed OEM matters with other enterprises in previous years, but has not been able to reach a cooperation.

　　This article is reprinted from Gaishi Automotive Information Network