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China Startup Will Launch Electric Supercar in 2017

China startup electric-car maker Qiantu Motor plans to begin making its 700,000-yuan ($106,400) K50 Coupe electric supercar as soon as year-end.
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China startup electric-car maker Qiantu Motor plans to begin making its 700,000-yuan ($106,400) K50 Coupe electric supercar as soon as year-end.

Qiantu is a year-old unit of Beijing CH-Auto Technology Co. The latter company unveiled the carbon-fiber-bodied coupe in prototype form at the Shanghai auto show in 2015 and a drop-top roadster (pictured) at the Beijing auto show last April.

Beijing CH-Auto is chaired by Lu Qun, a former executive at Beijing Jeep Corp. who left in 2003 to co-found the Beijing CH-Auto. Qiantu is erecting a 2 billion-yuan ($304 million) factory in Suzhou to make both versions of the K50, which will ride on an aluminum chassis. Two electric motors, one each for the front and rear axles will generate a combined output of about 408 hp and 479 lb-ft of torque.

Qiantu says the two-seater will be able to zip from zero to 100 kph in 4.6 seconds and travel about 300 km (186 miles) per charge.

Lu describes the Suzhou facility as the first in China with the ability to mold carbon-fiber automotive panels. The plant will have initial annual capacity to make 50,000 cars. But Qiantu says the factory eventually will be expanded to make as many as 500,000 “new-energy” vehicles, according to the company.

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