1994 CE
Sichuan Yema Auto founded
Sichuan Yema Automobile Manufacturing Co., Ltd. was established in Chengdu, initially focusing on commercial vehicles and auto parts. #China #Independent Source — Wikipedia:
Chronological Storyline (13 Milestones)
2002 CE
Launch of Yema F99
Yema entered the passenger vehicle market with the F99, a compact SUV heavily inspired by the Subaru Forester's design, establishing its reputation for budget-friendly utility vehicles. #China #Independent Source — Wikipedia:
By Navigator84 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50512998
2011 CE
Yema T70 SUV debut
The Yema T70, a compact SUV visually resembling the older Volkswagen Tiguan, became one of the brand's most popular and enduring models. #China #Independent Source — Wikipedia:
By Navigator84 - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50513002
2014 CE
Yema enters NEV market
Amidst China's push for electrification, Yema announced its strategic transformation into a new energy vehicle manufacturer, planning a full lineup of electric cars. #China #Independent #LFPBattery Source — Wikipedia:
2016 CE
Yema EC70 electric SUV
Yema launched the EC70, an all-electric version of its T70 SUV, marking its first serious entry into the battery electric vehicle market. #China #Independent #LFPBattery Source — Wikipedia:
Apr 19, 2017 CE
Yema U70 SUV unveiled
At the Shanghai Auto Show, Yema presented the U70, a mid-size crossover that represented the brand's attempt to move upmarket and away from older platforms. #China #Independent Source — Wikipedia:
2018 CE
Yema E3 budget EV launch
Yema introduced the E3, a small electric city car based on the Chery QQ platform, targeting the affordable urban commuter segment. #China #Independent #LFPBattery Source — Wikipedia:
2019 CE
Launch of Yema E5
The Yema E5, an electric variant of the M5 sedan, was released to expand the company's electric passenger car offerings in regional Chinese markets. #China #Independent #LFPBattery Source — Wikipedia:
2020 CE
Financial struggles intensify
Despite the NEV pivot, Yema faced severe financial difficulties, leading to production halts, unpaid wages, and mounting debt amid a cooling Chinese car market. #China #Independent Source — Wikipedia:
2021 CE
Yema Boke crossover release
In a final attempt to revitalize sales, Yema launched the Boke, a small crossover, but limited distribution and financial distress severely hampered its market impact. #China #Independent Source — Wikipedia:
May 1, 2022 CE
Bankruptcy filing initiated
Sichuan Yema Auto officially entered bankruptcy liquidation proceedings, with the court appointing an administrator to handle the defunct company's assets. #China #Independent Source — Wikipedia:
2023 CE
Asset auction fails
Yema Auto's manufacturing assets and land use rights were put up for auction multiple times but failed to find buyers due to outdated technology and massive liabilities. #China #Independent Source — Wikipedia:
2024 CE
Brand officially defunct
After years of financial collapse and failed restructuring, Yema Auto is considered completely defunct, with no remaining production or corporate presence. #China #Independent Source — Wikipedia: