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Chinese EV Maker Aims to Launch U.S. Sales in 2020
China startup Qiantu Motor and California’s Mullen Technologies Inc. have agreed to assemble and sell a modified version of the Chinese company’s K50 electric car in North America in 2020.
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China startup Qiantu Motor has signed a preliminary agreement with California’s Mullen Technologies Inc. to assemble and sell a modified version of the Chinese company’s K50 electric car in North America in 2020.
Qiantu launched the 754,300-yuan ($109,320) K50 in China this summer. Built on an aluminum frame with carbon fiber body panels, the EV generates 400 hp and has a driving range of 380 km (236 miles).
Mullen will work with Qiantu to homologate the K50 to meet U.S. safety standards. Earlier this year Mullen signed similar deals with two other Chinese EV makers: Zhejiang Jonway Group and Beijing Kingdom Motors. Mullen also owns CarHub, an online platform for selling and buying cars.
Qiantu was formed in 2015 by CH-Auto Technology Co., a Beijing-based design firm. The company has capacity to make 50,000 vehicles per year at its factory in Suzhou.
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