The company also unveiled two concept models - the Qoros 3 hybrid and Qoros 3 estate. It is aimed at competing with similar models from and Toyota.

Qoros will produce the sedan in Changshu, Jiangsu province, with an initial annual production of 150,000 units, rising to 450,000 units a year in future.

Boasting an international team with major design input from nine different automotive brands, Qoros plans to launch another new model in six to eight months.

The company said Qoros is dedicated to delivering high-quality cars in line with international standards through its unique business model.

In November, the company announced the prices of Qoros 3 - ranging from 119,900 yuan to 167,900 yuan. It will release the second production model at the approaching Geneva in March.

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