Serious Karma production: Wanxiang wants to build electric cars in China and is to invest 375m dollars in a new facility in Hangzhou. The factory could roll out 11,000 Karma (formerly Fisker) vehicles, including those with range extender, and 39,000 Atlantic models. A production date is not yet set.
Electric Porsche SUV? Spy shots of a Porsche test coupe led Car Magazine to suggest that what we are seeing is the sequel to an electric crossover similar to Audi’s upcoming electric SUV. If it is true, the electric Porsche would fight for market segments with the Model X or Jaguar.
BAIC is to build an EV factory for 50,000 units as well. It is planned next to the border with Myanmar in the city of Ruili. Production is to start by 2019 and would one year later be doubled to hit an annual capacity of 100,000 electric cars.
EV1 engineer to lead Faraday: The electric car start-up has hired former GM engineer Peter Savagian. He signed responsible for the ingenious EV1 that was killed prematurely. For Faraday Future, the engineer will take over the the electric drive as VP for engineering.
Kandi EVs: The Chinese firm launched its latest electric model, the Global Hawk K17A in China. Prices start at 12,000 dollars after subsidies and the range is given at 150 km. For developing its next electric car, the governmennt of Hainan province just granted Kandi 300m yuan (about 45m USD).
globenewswire.com (Global Hawk), nasdaq.com (grant)
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