Yema Auto Explained

Sichuan Yema Automobile Co., Ltd.
Trade Name:Yema
Foundation:1994 (vehicle production)
Fate:Acquired by Levdeo until 2023
Location City:Chengdu, Sichuan, People's Republic of China
Area Served:Worldwide
Industry:Automobile
Products:Automobiles, SUVs
Homepage:www.yemaglobal.com (defunct)
Sichuan Yema Automobile Co., Ltd.
T:四川野马汽车股份有限公司
S:四川野马汽车股份有限公司
P:Sìchuān Qìchē Gōngyè Gǔfèn Yǒuxiàn Gōngsī
W:Szŭ4-ch'uan1 Ch'i4-ch'ê1 Kung1-yeh4 Ku3-fen4 Yuh3-sien4 Kung1-szŭ1
J:Sei3 cyun1 hei3 ce1 gung1 jip6 gu2 fan6 jau5 haan6 gung1 si1
Also Known As:Yema
T2:野馬
S2:野马
P2:Yěmǎ
W2:Yeh3-ma3
Mi2:pronounced as /ji̯ɛ̀mà/
J2:Je5 maa5
Y2:Yéhmáh
L2:wild horse

Sichuan Yema Automobile Co., Ltd. is a Chinese automobile manufacturer which has built buses and automobiles under the Yema brand since 2002.[1] The company was founded in the 1980s.[2] In January 2019, Yema Auto was acquired by Levdeo, a Chinese low-speed electric vehicle company that produces Neighborhood Electric Vehicles.[3]

Development

Yema Auto has three manufacturing bases located separately in Chengdu and Mianyang: the Chengdu HQ, Chengdu New Energy Branch and Mianyang Branch. The Chengdu HQ includes Chengdu Passenger Vehicle Co. and Chengdu Bus Co., where coaches, commuter buses, city buses, passenger vehicles (SUVs and MPVs) and new energy vehicles are made.

The Mianyang Branch is located in Mianyang Hi-tech Industrial Development Zone, covering an area of around 1.3 million square meters, with total investment of over 3 billion RMB. It has established a first-rate-equipped manufacturing base with four complete vehicle-production processes of multi-vehicle & full automation production lines for both traditional and new energy vehicles in the year of 2014. In April 2015, it was renamed "Sichuan Yema Automobile Co., Ltd."

As of January 2019, Levdeo acquired Yema Auto and revealed plans to strategically reorganized it, launching electric vehicles built on existing Yema gasoline vehicle platforms under the newly launched Letin brand. Since Levdeo declared bankruptcy in May 2023, Yema Auto also fell into crisis.[4]

In 2023, Yema Auto was filed for bankruptcy review twice.[5]

Models

Non production

Van

MPV

CUV

New Energy Vehicle (NEV)

External links

Notes and References

  1. Book: World of Cars 2006·2007 . Eligiusz . Mazur . Media Connection Sp. z o.o. . Warsaw, Poland . 239 . 2006 . 1734-2945 .
  2. Web site: Yema auto . Sichuan Auto Industry Group Co., Ltd. . 2013-01-27 .
  3. News: LEVDEO Acquired YEMA Auto to Enter to China EV Market.. chinapev.com. 20 June 2019. 6 February 2021.
  4. News: 武子晔 . 2023-07-24 . 从红极一时到走向破产,“老头乐”玩家深陷转型危机 . From being popular to going bankrupt, "LaoTouLe" players are caught in a transformation crisis . 2024-07-11 . 第一财经.
  5. News: 雷丁旗下野马汽车被申请破产审查 . 2024-07-11 . 投中网 . 2023-10-27.