The all-electric luxury SUV Hongqi E-HS9 first in line for the Swedish market as the premium car brand and Hedin Mobility Group expand and strengthen their partnership.

MÖLNDAL, SWEDEN, 12 September 2022 –– Hedin Mobility Group and Hongqi, who recently entered a partnership in the Netherlands, expand their collaboration as Hedin Mobility Group has been appointed importer and retailer for the prestigious car brand in Sweden. The agreement comprises sales of Hongqi’s electric vehicles as well as aftermarket services.

The first available model on the Swedish market is the all-electric seven-seat SUV Hongqi E-HS9 – the flagship electric SUV of Hongqi featuring world-leading design, interior space, intelligent technology, safety, and performance – of which 1,000 units already has been delivered in Norway since January 2022.

Importer and distributor for the Swedish market will be Hedin Premium Car AB, a subsidiary to Hedin Mobility Group. Hongqi’s electric vehicles will be sold through Hedin Mobility Group’s leading dealer group Hedin Bil. Sales and deliveries are planned to start in Q4 2022. Further information on available specifications, dealership locations and more will be announced shortly, and will be available on www.hongqi.se.

“I am glad to have taken the first official delivery of the Hongqi E-HS9 in Sweden – a car with exquisite handling and top quality – and delighted that we expand the partnership with Hongqi to include our ‘home market’ Sweden. This collaboration strengthens our import and distribution business as well as our offer in the growing premium EV segment. With a strong brand focus, we will strive to deliver a Hongqi customer experience as sublime as the E-HS9 model”, said Anders Hedin, owner and CEO, Hedin Mobility Group.

About HongqiHongqi is the leading premium car brand owned by Chinese vehicle manufacturer China FAW Group (“FAW”). In 2020, FAW delivered 3.706 million vehicles to customers and ranked 66th on the 2021 Fortune Global 500 list. Hongqi began producing its first passenger car in 1958. The brand concept of Hongqi highlights "new nobility", "new exquisiteness" and "new feelings", and deeply integrates oriental traditional culture with world advanced culture, cutting-edge science and technology, and fine emotional experience to create excellent products and services. www.hongqi-auto.com

Press contactsMagnus MatssonPR & Communication Manager, Hedin Mobility Group+46 31 790 00 82press@hedinmobilitygroup.com

Mr. Hu ChenhuiMarketing Manager, Hongqi EuropeHuchenhui_iec@faw.com.cn

About Hedin Mobility Group

Hedin Mobility Group is one of Europe's largest privately owned mobility providers. The Group employs more than 6,300 people and operates approximately 240 dealerships in eight countries. Net sales in 2021 was SEK 28.2 billion and the Group sold more than 125,000 vehicles*.Hedin Mobility Group provides sales of new and used passenger cars, commercial vehicles and trucks, as well as aftermarket services, to both private and corporate customers. The Group represents approximately 40 brands and is also the importer for Ford in Sweden; for Renault, Dacia and Alpine in Sweden and Denmark; and for Dodge and RAM in Europe, as well as distributor for MG in Sweden and for BYD in Sweden and Germany.In addition, the Group's operations include wholesale and distribution operations of tires and spare parts, the car rental company Mabi Mobility AB, the private leasing company Car to Go Sweden AB, the corporate leasing company Unifleet AB and co-ownership in Pendragon PLC and iMove AS. www.hedinmobilitygroup.comHedin Mobility Group is part of the Hedin Group together with Tuve Bygg AB and I.A. Hedin Fastighet AB. Hedin Group is also a partner in Consensus Asset Management and Ripam Invest AB, which owns Marstrands Kurhotell, Kurbadhus and Societetshus.www.hedingroup.com* Includingapprox. 21,500 vehicles attributable to operations transferred from Hedin Group AB in October 2021.

Image Attachments

Anders Hedin Hongqi E HS9Hongqi Sverige E HS9Hongqi Sverige Display2 Led Auto Interior LIGHTS Seats ElectricHongqi Sverige Interior LIGHTS Seats ElectricHongqi Sverige Interior Seats Electric

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Hedin Mobility Group expands partnership with Hongqi; Appointed importer and retailer in Sweden