BEIJING – Foton Motor was listed as top 500 most valuable brands in China again recently with a brand value of ¥50.87 billion ($8.16 billion), reported Morning Post. Foton Motor ranked No. 34 in total, No. 4 in the automobile industry and No.1 in the commercial vehicle industry, said the report.
Foton Motor has produced and sold nearly six million units since establishment with output and sales of new energy vehicles reaching 6,200 units, being the largest new energy vehicle automakers in sales in China. Foton also claimed this year to cultivate its main brands into China top brand in 2015 and into world top brand in 2020, said the report.