Zotye Auto Launches Large-Scale Recruitment Drive to Restart New Energy Vehicle Projects in 2025

[Corporate Update] Zotye Auto has initiated recruitment for nearly 50 positions to pave the way for the resumption of its new energy vehicle projects in 2025.

Key Development: Intensive Hiring for R&D Roles After Years of Production Halt

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  The company is hiring for 49 positions, including core technical roles such as Lead Power Battery Engineer, ADAS Engineer, and Connected Vehicle Engineer.

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  Job locations are concentrated in Jinhua, Zhejiang (headquarters/production base) and Hangzhou (R&D center), with approximately 60% of the openings in technology and R&D fields.

Critical Metrics: Collapsing Sales Amid Financial Crisis

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  Zotye’s peak annual sales reached 333,100 vehicles in 2016, but the company reported a net loss of RMB 223 million in the first three quarters of 2025.

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  In September 2025, its Chongqing final assembly line was forcibly dismantled by court order; the company must repay RMB 4.05 billion in debt by January 31, 2026.

Strategic Context: Strong Intent to Resume Production, Yet Under Pressure from Funding Shortfalls and Eroded Trust

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  Current Chairman Han Biwen assumed office on January 15, 2026, marking the third chairman change within three months.

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  Despite ongoing efforts to dispose of equity assets and reach settlements with banks, job seekers remain concerned about salary security and operational stability.