
Zotye Wink Y01 International Version Enters Trial Production; H1 Revenue Down 32.08%
Zotye Automobile announced that the international version of its small electric vehicle Wink Y01 for export markets has entered trial batch production. The news drove its stock price to consecutive daily limit-ups on September 8 and 9, before falling back on the 10th. In the first half of the year, revenue was RMB 190 million, down 32.08% year on year, with a loss of RMB 152 million after excluding non-recurring items. The new model has not yet announced pricing, range, or a delivery timetable, and overseas regulatory certification, sales channels, and follow-up funding all remain uncertain. The path to resuming production and exports still remains to be seen.
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