Yo-Auto Co. has reported receiving in one day over 47,500 orders for its Yo-hybrid autos scheduled for production in the second half of 2012. According to the company's data, the results of the preliminary order reservations, which kicked off on May 16, have shown that the demand for Prokhorov’s ‘people’s car’ has exceeded its projected annual production target.
“The data obtained from potential clients’ preliminary orders will enable us to more accurately plan our production, determine car models priority and the geography of developing our project in terms of location of future production facilities,” the company said. Last December, Mikhail Prokhorov, the president of the Onexim Group, which owns a 49% stake in the autocompany, personally presented the three existing samples of the Yo-hybrid vehicles that include a hatchback, station wagon and coupe t the public.
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