No news is good news on Chinese EV startups. It comes in bad news when Yudo Auto appears in Internet since there is not much news about this Chinese EV startup. On August 10, a new energy vehicle in Nanning, Guangxi, spontaneously ignited and the fire was very serious. It is understood that the ignited vehicle is the second pure electric SUV π3 from a Chinese EV startup, the Yudo Auto. As can be seen from the video, the fire position is at the bottom of the rear end, and it is suspected that the battery pack has been damaged. The vehicle was almost burned because no emergency measures were taken.
The π3 is a pure electric vehicle produced by Fujian Automobile Industry Group Yudo New Energy Automobile Co., Ltd., which was registered on December 4, 2015 in the Putian City Administration for Industry and Commerce of Fujian Province. The company’s business scope includes new energy vehicles, research and development, production and processing of auto parts. In October 2017, the first pure electric SUV π1 was launched. In March 2018, the second pure electric SUV π3 was also announced.
Yudo Auto is one of the first new energy vehicle company to achieve delivery, sales volume reached 9,300 in 2018. With the continuous influx of market competitors, new energy subsidies have fallen sharply in China, but the brand is weak, it suffered a setback. In June 2019, Yudo delivered only 200 new cars, and only 1383 units were delivered in the first half of the year.
In late July, there was news that Yudo Auto was caught in the predicament of frequent employee turnover and mandatory employee leave. In response, Zhou Liang, public relations leader of Yudo, responded to media reports that the above news is not true, the company is in normal operation, and new models will be launched in the second half of the year. According to Yudo, there are currently more than 1,100 people in the company, including about 400 to 500 workers and about 700 R&D personnel.
As of now, Yudo Auto has not yet responded to this incident.