Omoda is a brand of Chinese vehicle manufacturer Chery Automobile that was established in 2022. As a sub-division of Chery International,[3] Omoda and Jaecoo are two sister brands owned by Chery that are only marketed outside China to support its export strategy. Omoda is typically positioned as a more premium brand compared to the more mainstream Chery brand.[4] In many markets, the brand shares the same dealers with Jaecoo.[5]
According to Chery, the letter "O" from Omoda is derived from the word "oxygen", while "Moda" means "modern".[6] In Iran, the brand is known as Ecoda.[7][8]
History
In June 2022, the decision to separate the Omoda family from the Chery marque and establish it as an independent brand was announced for the Russian market. The global debut of the Omoda marque was held in April 2023 in Wuhu, Anhui, China, alongside the Jaecoo marque. The two brands combined (referred to as "O&J" brands) were targeted to reach annual global sales of 1,400,000 units by 2030 (not including China). In the same month, Chery established a separate company in China called Anhui Omoda Jaecoo Automobile Co., Ltd. as a sales company.[9]
Chery president Zhang Guibing mentioned that Omoda will serve customers who are part of the "Fashion Elite", a group of fashion-oriented customers that are "dynamic, avantgarde, and fashion-centric".[10][11] Omoda's brand direction is headed by Steve Eum, Vice President & General Manager of Design for Chery in China.[12]
In April 2024, Omoda introduced the Omoda C7
Markets
Europe
Western Europe
Omoda entered Western European markets in 2024, starting with Spain in March 2024.[15] In April 2024, Chery signed a joint venture deal with Spanish company EV Motors to build Omoda vehicles in a former Nissan factory in Barcelona, Spain.[16] The brand entered United Kingdom in May 2024, selling the Omoda 5 and Omoda E5.[17] Omoda officially debuts in Italy in July 2024 alongside Jaecoo, with the Omoda 5 model.[18]
Products
- Omoda 3 (2024–present), rebadged Chery Tiggo 3x, Morocco only[25][26]
- Omoda 4 (upcoming), subcompact SUV[27]
- Omoda 4 Ultra (hybrid, upcoming)
- Omoda 4 EV (battery electric, upcoming)
- Omoda C5/5 (2022–present), rebadged Chery Omoda 5
- Omoda C5/5 SHS-H (hybrid, 2025–present)
- Omoda E5 / C5 EV (battery electric, 2024–present)
See also
External links
References
- Chery представит в России новый отдельный бренд Omoda autoreview.ru, 2022-06-20, retrieved 2023-05-18^
- Omoda & Jaecoo: fastest growing car brand in the world? - paultan.org Paul Tan's Automotive News, 2024-04-27, retrieved 2024-05-08^
- Omoda & Jaecoo: fastest growing car brand in the world? - paultan.org