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Maxus

Full company profile

uuid002zjet

Namestring
Maxus
Websiteurl
maxusbelgium.be
Company typeenum
Private
Founded yearint
1995
Descriptiontext

Maxus is the international EV brand under which a Chinese automotive OEM (linked to the SAIC commercial-vehicle lineage) sells electric passenger and commercial vehicles in markets including Belgium, Norway, and Singapore. Its core product surface centers on electric multi-purpose vehicles and commercial EVs built on a lithium-ion battery platform; the newly launched Mifa 7 Elite in Singapore exemplifies its value-engineering approach, offering a 77 kWh battery, a claimed 410 km of range, 120 kW DC fast charging, a 360-degree camera, a redesigned light bar, and a companion phone app for remote cabin pre-cooling, while stripping non-essentials such as the sunroof and powered seats to land at a meaningfully lower price point (S$20,000 below the discontinued Premium variant).

The business model is straightforward one-time vehicle sales through country-specific dealer and showroom networks, with localized websites (e.g., maxusbelgium.be) and regional operating presences such as the Antwerp office handling Belgian sales and customer inquiries. Customer segments span individual EV-focused consumers seeking affordable family transport and commercial fleet operators, with the Singapore go-to-market skewed toward price-sensitive family/buyer segments and the Norway channel showing strong commercial and fleet pull (262 units registered in January 2026, a 571% YoY surge).

Strategically, Maxus competes primarily on price and accessibility rather than premium positioning, with entry-level EV price references as low as ~399,000 Baht (~$10,950) in adjacent markets. Its near-term offensive focus is geographic and tier expansion: penetrating Northern European markets where tax/VAT changes have shifted EV economics, and stretching downward in price via cost-engineered trim variants. Defensive considerations include reliance on imported supply chains, currency exposure across small open markets, and vulnerability to subsidy/policy changes that have already disrupted Norway's EV market.

Short descriptiontext

Maxus is an electric vehicle brand selling passenger and commercial EVs, including the Mifa 7 MPV, through country-specific dealer and showroom networks in Belgium, Norway, and Singapore. It competes primarily on price, using cost-engineered trim variants and lithium-ion battery technology to address price-sensitive consumer and fleet buyers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersMorgan Hill, United States
HQ citystring
Morgan Hill
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric vehicles, electric MPVs, commercial EVs, EV dealer network, automotive sales
Industry1 code
1Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing
CodeIMACAOACPrimaryYes
NAICS code1 code
  • Automobile and Light Duty Motor Vehicle Manufacturing33611
SIC code1 code
  • Motor Vehicles & Passenger Car Bodies3711
Product category
Electric Vehicles
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Electric Vehicle Sales
TypeOne Time License
Description

Maxus generates revenue primarily through the sale of electric vehicles including the Mifa 7 MPV and other EV models. The company offers different variants and trim levels to target various price points, with the Elite variant representing a more affordable entry point.

businesstimes.com.sg
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel
Pricing details1 tier
1Mifa 7 Elite - Lower-priced variant with reduced battery capacity
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

S$20,000 price reduction compared to discontinued Premium model. Battery reduced from 90 kWh to 77 kWh. Some comfort features removed including sunroof and powered seats.

businesstimes.com.sg
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Maxus designs, manufactures, and sells electric vehicles (EVs), with a core focus on electric multi-purpose vehicles (e-MPVs) such as the Mifa 7 and commercial EV models. Vehicles are distributed through dealer networks and showrooms across markets including Singapore, Belgium, Norway, and other Asian and European countries.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 571% surge in Norway registrations despite market decline
+2 more records
Product overview1 text field

Maxus offers electric vehicles, including the Mifa 7 Elite electric MPV launched in Singapore in April 2026. The company is a Chinese commercial brand that has seen significant growth in European markets, particularly Norway where registrations surged 571% in January 2026.

Product and service1 record
1Maxus Mifa 7 Elite
CategoryElectric MPV
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Maxus

Electric Vehiclesmaxusbelgium.be

Maxus is an electric vehicle brand selling passenger and commercial EVs, including the Mifa 7 MPV, through country-specific dealer and showroom networks in Belgium, Norway, and Singapore. It competes primarily on price, using cost-engineered trim variants and lithium-ion battery technology to address price-sensitive consumer and fleet buyers.

What Maxus does

Maxus is the international EV brand under which a Chinese automotive OEM (linked to the SAIC commercial-vehicle lineage) sells electric passenger and commercial vehicles in markets including Belgium, Norway, and Singapore. Its core product surface centers on electric multi-purpose vehicles and commercial EVs built on a lithium-ion battery platform; the newly launched Mifa 7 Elite in Singapore exemplifies its value-engineering approach, offering a 77 kWh battery, a claimed 410 km of range, 120 kW DC fast charging, a 360-degree camera, a redesigned light bar, and a companion phone app for remote cabin pre-cooling, while stripping non-essentials such as the sunroof and powered seats to land at a meaningfully lower price point (S$20,000 below the discontinued Premium variant).

The business model is straightforward one-time vehicle sales through country-specific dealer and showroom networks, with localized websites (e.g., maxusbelgium.be) and regional operating presences such as the Antwerp office handling Belgian sales and customer inquiries. Customer segments span individual EV-focused consumers seeking affordable family transport and commercial fleet operators, with the Singapore go-to-market skewed toward price-sensitive family/buyer segments and the Norway channel showing strong commercial and fleet pull (262 units registered in January 2026, a 571% YoY surge).

Strategically, Maxus competes primarily on price and accessibility rather than premium positioning, with entry-level EV price references as low as ~399,000 Baht (~$10,950) in adjacent markets. Its near-term offensive focus is geographic and tier expansion: penetrating Northern European markets where tax/VAT changes have shifted EV economics, and stretching downward in price via cost-engineered trim variants. Defensive considerations include reliance on imported supply chains, currency exposure across small open markets, and vulnerability to subsidy/policy changes that have already disrupted Norway's EV market.

Maxus firmographics

Firmographics
Name
Maxus
Website
https://maxusbelgium.be
Company type
Private
Founded year
1995
Operating status
Operating
Headcount range
1–10 employees
Short description
Maxus is an electric vehicle brand selling passenger and commercial EVs, including the Mifa 7 MPV, through country-specific dealer and showroom networks in Belgium, Norway, and Singapore. It competes primarily on price, using cost-engineered trim variants and lithium-ion battery technology to address price-sensitive consumer and fleet buyers.
Ownership category
akta.pro rank

Maxus industry classification

Industry
Product category
Electric Vehicles
NAICS
Automobile and Light Duty Motor Vehicle Manufacturing (33611)
SIC
Motor Vehicles & Passenger Car Bodies (3711)
akta.pro primary industry
Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing (IMACAOAC)

Keywords

  • Electric vehicles
  • Electric MPVs
  • Commercial EVs
  • EV dealer network
  • Automotive sales

Where Maxus is headquartered

Location

Headquarters

HQ city
Morgan Hill
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Maxus business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel

Revenue model

  1. Electric Vehicle Sales: Maxus generates revenue primarily through the sale of electric vehicles including the Mifa 7 MPV and other EV models. The company offers different variants and trim levels to target various price points, with the Elite variant representing a more affordable entry point.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goMifa 7 Elite - Lower-priced variant with reduced battery capacity

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Maxus product offering

Product offering

Core offering

Maxus designs, manufactures, and sells electric vehicles (EVs), with a core focus on electric multi-purpose vehicles (e-MPVs) such as the Mifa 7 and commercial EV models. Vehicles are distributed through dealer networks and showrooms across markets including Singapore, Belgium, Norway, and other Asian and European countries.

Product overview

Maxus offers electric vehicles, including the Mifa 7 Elite electric MPV launched in Singapore in April 2026. The company is a Chinese commercial brand that has seen significant growth in European markets, particularly Norway where registrations surged 571% in January 2026.

Differentiator

Problem solved

Functional benefit

Products and services

  • Maxus Mifa 7 Elite

Quantifiable outcome

  • 571% surge in Norway registrations despite market decline
  • +2 more outcomes

Companies that use Maxus

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Maxus technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Maxus partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Maxus competitors and assessment

Company assessment

Market position

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Maxus social profiles

Digital presence

Maxus financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Maxus leadership team

Management profile

Number of profiles

Maxus funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Maxus M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maxus

What does Maxus do?

Maxus designs, manufactures, and sells electric vehicles (EVs), with a core focus on electric multi-purpose vehicles (e-MPVs) such as the Mifa 7 and commercial EV models. Vehicles are distributed through dealer networks and showrooms across markets including Singapore, Belgium, Norway, and other Asian and European countries.

Is Maxus a public or private company?

Maxus is a private company. It is classified as unknown and is currently operating.

When was Maxus founded?

Maxus was founded in 1995. It employs 1 to 10 people.

Where is Maxus based?

Maxus is headquartered in Morgan Hill, United States, in the North America region.

How does Maxus make money?

One revenue line is on record: electric Vehicle Sales.

Does Maxus have an API?

No public API is recorded for Maxus.

What industry is Maxus in?

Maxus's product category is Electric Vehicles. Its primary akta.pro industry code is IMACAOAC, Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing. Its NAICS code is 33611 and its SIC code is 3711.

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Live signals
EleconomistaMaxus eDeliver 9: más autonomía y equipamiento para la furgoneta eléctricaMaxus has updated its eDeliver 9 electric van, offering three configurations with loads of 9.7 to 11 m3, a 150 kW motor, 88 kWh LFP battery and up to 431 km WLTP range. Prices start at 36,624 euros for the chassis cab, with towing capacity raised to 2,000 kg. New features include an 8.8-inch digital instrument cluster, Android Auto and Apple CarPlay, lane-keeping assist, autonomous emergency braking and V2L.LA NACIONLos precios de los autos chinos en la Argentina en agosto 2026Chinese automotive brands significantly expanded their market share in Argentina during July 2026, reaching approximately 9.3% of new vehicle registrations and up to 14.2% when including vehicles manufactured in China by foreign brands like Ford and Chevrolet. This growth was driven by a government policy allowing tariff-free imports of electric and hybrid vehicles valued under US$16,000, facilitating the entry of numerous Chinese models such as those from BYD, Chery, Haval, and Maxus. The article provides a comprehensive breakdown of pricing for these specific makes and models available in the Argentine market.The Business Times2026 Maxus Mifa 7 Elite review: In losing something, this e-MPV gains plentyMaxus has launched a new lower-priced Elite version of its Mifa 7 electric MPV in Singapore, reducing the price by S$20,000 compared to the discontinued Premium model by trimming the battery from 90 kWh to 77 kWh and removing certain comfort features. The Elite variant offers a claimed range of 410 km, supports faster DC charging at 120 kW, and gains new features including a redesigned light bar, higher-resolution 360-degree camera, and a companion phone app for remote cabin pre-cooling. Despite noting compromises such as wind noise at highway speeds, limited boot space of 270 litres with all seats up, and removed features like the sunroof and powered seats, the reviewer concludes the Mifa 7 Elite is a better buy for price-sensitive Singapore buyers.EVNorway EV Registrations Set to Plunge in January After Tax Changes Take EffectNorway's new vehicle registrations are on track for a sharp decline in January 2026, with approximately 1,600 total units registered through the first 23 days, after the government lowered the VAT exemption threshold on electric vehicles from 500,000 kroner to 300,000 kroner. Most major brands have experienced dramatic year-over-year declines, with Volkswagen down 87%, Tesla down 91%, and BMW down 97%, while Chinese commercial brand Maxus surged 571% with 262 registrations. Nio, which opened its first European showroom in Oslo in 2021, explicitly warned that the tightened VAT rules have significantly impacted total vehicle prices, particularly for family and SUV segments when batteries are included in purchases.CleanTechnicaMaxus eTerron 9 and the “Grid of Tomorrow” Presented at Electric Power ConferenceAt the Electric Power Conference 2025 in Singapore, the Maxus eTerron 9 electric pickup truck and advanced charging infrastructure were showcased, highlighting vehicle-to-load (V2L) technology for grid support applications. The event focused on the vehicle's potential as a mobile energy storage solution and its role in decentralized power and energy resilience.CleanTechnicaPioneer Trucks Takes Over Maxus Distribution, Debuts Electric Commercial VehiclesPioneer Trucks Philippines announced at the 13th Philippine Electric Vehicle Summit that it has become the exclusive distributor of Maxus commercial trucks, taking over from AC Industrials whose partnership with the Chinese automaker ended in August 2025. The company unveiled two electric Maxus models—the ES80 light-duty truck and T1 medium-duty truck—marking the first entry of Maxus electric commercial vehicles into the Philippine market. Industry analysts noted that Pioneer Trucks' strategy of maintaining both electric and diesel options reflects the practical realities facing Philippine businesses as fleet operators weigh electrification costs against emissions requirements.