YEREVAN, September 12. /ARKA/. With the signing of a memorandum Acba Leasing, EV Motors Group and Chinese company JAC strengthened exclusive cooperation, the key goal of which is to create mutually beneficial conditions for Armenian businesses.

Chinese company JAC Motors, which has more than half a century history, has been officially present in Armenia for 4 years already. In Armenia EV Motors Group presents JAC trucks and passenger-cargo pickups.

JAC vehicles are used in various spheres: production, construction, transportation and delivery of goods. In addition, EV Motors Group offers a 5-year warranty on the purchased vehicles.  Thanks to the new cooperation, Armenian consumers will be able to purchase JAC brand vehicles on the following terms:

- Annual nominal interest rate - 0.01% (in AMD, USD, EUR),

- Annual actual interest rate (including CASCO insurance) - 3.65% (in AMD), 3.47% (in USD, EUR),

- 20% prepayment 

- no commission.

"Our customers will have the opportunity to purchase JAC vehicles at an exceptional price and financing terms. We will offer flexible financing packages and an unprecedented low interest rate. The terms will apply to cars purchased both under state subsidizing and non-governmental programs," said Aghasi Gasparyan, CEO of Acba Leasing.

"It is important for us to choose reliable partners. We chose with great responsibility the leasing company with which we were to realize this project. We decided to work with Acba Leasing as the leader of the leasing market in Armenia," said Liu Bo, Regional Director of JAC Motors.

"At the beginning of our activity we were active in the market of small trucks. This is an opportunity that will open new horizons for us to enter the heavy truck market. We are the first country in the region to introduce electric trucks. We have cooperated with Acba Leasing on various projects, having built serious and reliable business relations, which was the reason for continuing cooperation. I hope that there is more to come," said Artak Zopunyan, Director of EV Motors Group.

Some 50% of shares of JAC, represented in more than 130 countries, belong to German Volkswagen.

About AMD 600 million worth JAC trucks and passenger-cargo vehicles have been provided through Acba Leasing alone this year, and leasing worth AMD 2 billion is expected to be provided by the end of the year.

Acba Leasing is controlled by the Central Bank of Armenia. More details in the video. -0-