Luxeed made its global debut in Wuhu, China, on October 21, 2026, and set an ambitious sales goal: about 500,000 vehicles worldwide by 2030. Executive Vice President Gary Zhu also said the brand aims to capture 13% of the B+ segment, a competitive part of the market. The article’s headline refers to 2031, but the target quoted in its report is for 2030.
The company plans to build its global lineup around two premium models, the Llounge and Stormax. It expects to add three more products before 2030, while extending its business to more than 60 countries and territories within five years. Luxeed did not provide model-by-model sales targets or further details on the planned additions.
Indonesia is among the markets in its plans: Luxeed has confirmed it will sell vehicles there, although it has not announced a date. The report says a local debut could take place in 2027. A Luxeed R7 has also been spotted undergoing tests in Indonesia, but the article does not identify it as one of the two models underpinning the global sales plan.