Dongfeng Motor Group Invests $137 Million in VOYAH to Boost EV Development

August 13, 2025 Wednesday

Dongfeng Motor Group Invests $137 Million in VOYAH to Boost EV Development

Dongfeng Motor Group, one of China’s leading automotive manufacturers, has announced a major investment in its electric vehicle brand, VOYAH Automobile, reaffirming its commitment to advancing clean and intelligent mobility solutions.

Under a capital increase agreement, Dongfeng’s subsidiary, Dongfeng Asset Management (DFAM), will invest US $137 million into VOYAH. This strategic funding is expected to accelerate vehicle development, enhance technological innovation, and strengthen the brand’s competitiveness in the growing electric vehicle (EV) market.

Following the capital increase, VOYAH’s ownership structure will change: Dongfeng Motor Group will hold 79.69%, DFAM will hold 3.30%, and the remaining 17.01% will be owned by other shareholders. This arrangement ensures Dongfeng retains control of VOYAH while involving trusted partners in its development.

VOYAH is a premium EV brand under Dongfeng Motor Group, offering modern, smart, and eco-friendly vehicles designed for today’s drivers. With the global shift towards electric mobility, VOYAH is set to remain a key pillar of Dongfeng’s long-term strategy.

The fresh capital injection will help VOYAH solidify its market position, with funds allocated to research and development, scaling up production, and improving product quality. It may also support VOYAH’s expansion into international markets, enabling it to compete with leading global EV brands.

For Dongfeng, the investment goes beyond financial returns. As the dominant shareholder, the company is committed to leading the transformation towards green mobility and intelligent transportation. The investment in VOYAH reflects Dongfeng’s broader strategy of innovation and sustainability.

In recent years, the global automobile industry has undergone rapid change, with electric vehicles gaining popularity as consumers seek environmentally friendly options and governments tighten emissions policies. Major players like Dongfeng are adapting their strategies to meet these evolving demands.

The capital increase signals Dongfeng’s strong confidence in VOYAH’s future. With continued development and financial backing, consumers can look forward to smarter, more reliable, and greener vehicles from VOYAH shortly.