Shineray Motors Its Presence in Uzbek Market with Debut of New Generation Product
On September 26, the Shineray Motors Brand Launch and T3 Debut Event was held at the NAVRO'Z Hotel in Tashkent, the capital of Uzbekistan. Media representatives and distinguished guests from various sectors of Uzbek society witnessed this historic moment for Shineray.
In recent years, Shineray Motors has been rapidly expanding its overseas market layout with significant results. Its products are exported to more than 40 countries and regions in Europe, South America, Africa, the Middle East, Central Asia and Southeast Asia. While consolidating its existing market position, it is also exploring new destinations. China is the main source of car imports for Uzbekistan. According to the Uzbekistan car market report, car sales in Uzbekistan reached 718,200 units in the first half of 2023, an increase of 11% year-on-year. In the second quarter of 2023, sales grew by 14% quarter-on-quarter, breaking through 372,000 units. As the second largest car market in the Eurasian region, Uzbekistan has huge development potential. It is an important milestone for Shineray Motors to enter the Central Asian market. Its micro commercial vehicles have achieved impressive results in the Uzbek market.
In 2021, Shineray Motors partnered with the Uzbek automobile company SHER-DON-YDA, bringing commercial vehicles such as the X30, X30L, T30, T32, T50 and T52 to the Uzbek market. By 2023, Shineray Motors's monthly sales had reached 1,000 units, making it the best-selling product in the micro commercial vehicle segment in Uzbekistan. The vehicles' appealing design, spacious interiors and great value for money have won over many Uzbek customers. Based on the specific traffic conditions and usage scenarios in Uzbekistan, Shineray Motors's R&D team has incorporated the latest technology and design concepts to further lower vehicle operating costs. Specifically, they have developed a Compressed Natural Gas (CNG) engine tailored for the Uzbek market.
In response to the demands of the Uzbek market, Shineray Motors has launched its new generation product, the T3. The T3 is equipped with an Italian technology CNG engine, offering greater load capacity, stronger power, more stable quality, lower operating costs, and better in-car noise reduction. It combines practicality and aesthetics, meeting the car purchasing needs of local Uzbek consumers. Moreover, to strengthen its position in the Uzbek market, Shineray Motors has made a commitment that the new product's engine will have a warranty of 8 years or 200,000 kilometers.
The Brand Director of SHER-DON-YDA stated, "Shineray Motors is a leading and reputable Chinese company, and its products have won widespread recognition from the Uzbek industry and users. The cooperation between the two parties is founded on shared values and cultural understanding, leveraging each other's strengths and sharing resources. We are confident that we can offer a superior travel experience and service to Uzbek customers."
Currently, Shineray Motors is steadily growing its presence in Central Asia. In addition to Uzbekistan, it is also pursuing extensive and intensive development in other Central Asian car markets such as Kazakhstan, Turkmenistan and Kyrgyzstan, accelerating the global expansion of Shineray Motors.