steveting99 3rd Gear February 14 Share February 14 On 2/1/2026 at 9:55 AM, Terence2112 said: There’s a reward from vertex for Omoda/Jaecoo drivers that leave a review on SGCM. Slight discount charging rate. Congrats to Chery / Vertex Auto for record sales in 2025! They are now No.16 in the sales chart and have done quite well in the last two years. See table below. With 716 new registrations out of 52,678 last year - Chery/Vertex has captured 1.36% of the market in 2025 and making to No.16 position. The top makes up 94.5% of new car sales in 2025. Chery is doing better than some of the established players such as Volkswagen, Subaru and Volo. Chery needs to bring out some more models to expand the product range and offer more choices and entice new buyers. The Exeed (or Exlantix in the international markets) ET REEV model covering the premium brand is a hole that need to be filled out. Even the iCaur V27 mid sized PHEV SUV is another option. Budget 2026 by Singapore government has made the PARF rebate fallacy a reality. A 90% reduction in the scrap value of a new ICE ride going forward. Vertex Auto needs to think about bring in more BEV rides to balance the risk. ↡ Advertisement Link to post Share on other sites More sharing options...
Terence2112 3rd Gear February 14 Author Share February 14 On 2/14/2026 at 10:36 PM, steveting99 said: Congrats to Chery / Vertex Auto for record sales in 2025! They are now No.16 in the sales chart and have done quite well in the last two years. See table below. With 716 new registrations out of 52,678 last year - Chery/Vertex has captured 1.36% of the market in 2025 and making to No.16 position. The top makes up 94.5% of new car sales in 2025. Chery is doing better than some of the established players such as Volkswagen, Subaru and Volo. Chery needs to bring out some more models to expand the product range and offer more choices and entice new buyers. The Exeed (or Exlantix in the international markets) ET REEV model covering the premium brand is a hole that need to be filled out. Even the iCaur V27 mid sized PHEV SUV is another option. Budget 2026 by Singapore government has made the PARF rebate fallacy a reality. A 90% reduction in the scrap value of a new ICE ride going forward. Vertex Auto needs to think about bring in more BEV rides to balance the risk. If I were vertex, I will just focus on BEV. The J7 is the hardest hit from Budget 2026. Link to post Share on other sites More sharing options...
steveting99 3rd Gear February 14 Share February 14 On 2/14/2026 at 10:44 PM, Terence2112 said: If I were vertex, I will just focus on BEV. The J7 is the hardest hit from Budget 2026. Looks like Vertex Auto is addicted to the hybrid bandwagon. They're going to launch the J8 PHEV soon - see pic below from SG Car Mart. Wondering how well the J8 is going to sell? Link to post Share on other sites More sharing options...
Terence2112 3rd Gear February 14 Author Share February 14 On 2/14/2026 at 11:27 PM, steveting99 said: Looks like Vertex Auto is addicted to the hybrid bandwagon. They're going to launch the J8 PHEV soon - see pic below from SG Car Mart. Wondering how well the J8 is going to sell? They probably gonna pursue with the j8, but the price must be super attractive. All j7 cars now will have more scrap value then j8, think about that… ↡ Advertisement Link to post Share on other sites More sharing options...
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