HANOVER, GERMANY – Media OutReach Newswire – 16 September 2026 – JAC Motors is making its second appearance at IAA Transportation At Hall 12, Stand C08. The line-up is headlined by the European premiere of the electric van SUNRAY PRO. JAC Motors' commercial vehicle business is moving beyond vehicle supply to become a partner in Europe's green logistics ecosystem—supporting the electrification of European commercial fleets and delivering low-carbon, intelligent solutions for urban logistics in Europe.
Press Conference: For Greener Cities, NOW!
On Press Day, 14 September, JAC Motors held a press conference at its booth under the theme "For Greener Cities, NOW!," presenting four electrified models to the European market. Partners, fleet operators, and trade media from Germany, France, Spain, Italy, Poland, and other countries attended.
At the press conference, Oscar Yu, General Manager of JAC International, stated that Europe is a key market in the company's global expansion. JAC commercial vehicles are already present in Germany, Spain, France, Norway, Denmark, Sweden, and Switzerland, with a target of full European coverage by 2028. Since IAA Transportation 2024, JAC has established one subsidiary in Europe and built a localised marketing and service system covering 13 countries, including 8 regional strategic partners, over 50 authorised sales outlets, and more than 100 after-sales service outlets. In Spain, JAC holds a 41% market share in the medium-duty electric truck segment, ranking first. (Source: Spanish Directorate-General for Traffic (DGT) registration data, Jan–Jun 2026.)
The solutions JAC offers European customers go beyond the vehicles themselves. JAC's subsidiary in Italy serves as a regional parts centre, covering warehousing, service and technical support, customer operations, and marketing. On financing, JAC has partnered with Santander and others to offer finance leasing, operating leasing, PCP (Personal Contract Purchase)/TCM (Trade Cycle Management), and flexible instalment plans, covering needs from fleets to individual users. On complete vehicle solutions, JAC works with bodybuilder partners such as Infore Environment to cover refrigerated transport, municipal sanitation, rescue, and other specialist applications.
The press conference also showcased JAC's progress in Europe: JAC Motors Italy is now operational, the German dealer network is taking shape, and the parts logistics system already covers all of Germany. As JAC's European business gradually moves from building its footprint to day-to-day operations, the atmosphere of conversations at this year's booth has changed noticeably compared with 2024. Conversations at the booth now go straight to operations: Is the range enough? How long does charging take? Can this vehicle save the fleet money?
Looking ahead, JAC will continue to advance product introduction and channel expansion, targeting full coverage of the European market by 2028, participating in Europe's urban green logistics transition with a complete electrified product portfolio and localised service capabilities.
Hashtag: #JACMOTORS
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
HONG KONG SAR - Media OutReach Newswire - 16 September 2026 - Hong Kong's Chief Executive, John Lee, today (September 16) announced his fifth Policy Address, putting forward a series of measures to create development opportunities and enhance the well-being of the people.
"This year marks the opening year of the National 15th Five-Year Plan. In the thick of accelerating global changes not seen in a century, the vibrant momentum driven by our country's robust strength, enormous market and high-quality development presents Hong Kong with boundless opportunities. We will better develop our economy and boost social well-being, starting a bright new chapter for Hong Kong," Mr Lee said.
Entitled "A Strategic Vision for a Bright New Era, Driving Reform and Boosting Development, Unleashing Opportunities and Enhancing Livelihood", the Policy Address takes the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) (Hong Kong's First Five-Year Plan) as its blueprint, and proposes numerous key measures focusing on five major development opportunities to advance high-quality development.
To attract and retain high-calibre talent, the Hong Kong Special Administrative Region (HKSAR) Government will expedite the development of the Northern Metropolis University Town to strengthen the city's position as an international education hub. The HKSAR Government will also increase the research postgraduate places by around 30 per cent and the quota for government scholarships by 200, and establish five new major academies for training international talent: the International Clinical Trial Academy, Maritime Academy, Hong Kong International Legal Talents Training Academy, Hong Kong Intellectual Property Academy and Hong Kong International Academy of Policing.
To promote industry development, the Policy Address proposes to accelerate development of an international gold trading market and to explore a proposal to provide tax concessions for qualifying activities within the gold and commodity trading ecosystem. The HKSAR Government will also announce details of the new Renminbi-denominated and physically settled gold futures contracts; explore the possibility of increasing the Exchange Fund's gold holdings, and gradually transfer its physical gold holdings to designated vaults appointed by the Hong Kong Precious Metals Central Clearing Company Limited.
A number of policies are proposed to promote industry development, including introducing specialty insurance (e.g. commodity, commercial aerospace, etc.); injecting funding into the Artificial Intelligence Subsidy Scheme to support the development of the intelligent computing industry; accelerating the adoption of medical innovation and industry chain development to enable the public to benefit from better and newer drugs; and fostering a new economic landscape for the low-altitude and emerging industries, such as commercial aerospace.
The Government is developing six special industry parks, including the Loop Hong Kong Park, San Tin Technopole, Hung Shui Kiu Industry Park, Sandy Ridge Data Facility Cluster and Hung Shui Kiu/Ha Tsuen modern logistics cluster. Land is also earmarked for building an advanced construction industry park to increase investment opportunities for enterprises.
To attract enterprises to establish a foothold in Hong Kong, tax concessions will be granted on the basis of the value brought by enterprises, instead of solely considering the industry sector. The Government will introduce an amendment bill this year, providing preferential tax rates of 5 per cent, or half-rate, for selected enterprises operating in key sectors such as finance, advanced manufacturing, innovation and technology, as well as research and development, headquarters activities and logistics and supply chain management.
The HKSAR Government will fully support the work of the International Organization for Mediation headquartered in Hong Kong, and build a global capital of mediation. It will also drive the establishment of the International Institute for the Unification of Private Law in Hong Kong, support the Judiciary to advance the development of the International Commercial Court, and establish the "Strategy Committee on Intellectual Property Trading Development" to assist the Government in formulating strategies and support measures for the promotion of intellectual property trading.
Regarding international co-operation, two United Nations (UN) organisations, the centre of excellence on global advanced manufacturing and the Office on Drugs and Crime's GlobE Network Asia Pacific Regional Bureau, will establish their presence in Hong Kong respectively. Elsewhere, the new WestK Performing Arts Centre, scheduled to open next year, will feature four performance venues built to the highest international theatre standards, while Asian and international sports associations will be encouraged to establish a presence in Hong Kong.
"Today, Hong Kong is at a critical juncture in advancing from stability to prosperity. We are fully aware that formulating a comprehensive, strategic roadmap is integral to our long-term development. The Government has been persistent in mapping our way by driving development through reform. The primary goal of our policies is to enable economic development that can benefit the people of Hong Kong, and meet their aspirations for a better life," Mr Lee said.
Please visit www.policyaddress.gov.hk for the details and key points of the Policy Address.
Hashtag: #HongKong #PolicyAddress #Strategic #Vision #NewEra
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
