Chinese Automaker Start-Ups Participate in Electric Car

Chinese Automaker Start-Ups Participate in Electric Car - global market

In addition to Tesla, Google and Apple that are reported to be doing all electric cars, Chinese automakers also seems to work on their own versions of all-electric cars. There are 3 Chinese automaker companies that are identified to join the global market for electric cars.

Faraday Future is a California-based company that apparently supported by a Chinese media company, LeTV. The first all-electric car concept designed by the company was presented in 2016 CES (Consumer Electric Show) held in Nevada. CES is always held in the month of January every year. It is also reported that the Nevada authorities approved an incentive package of $ 335 million for the company to open a billion plant in the region. This way, it will also create 4,500 direct jobs in the state.

NextEV is another Chinese manufacturer that works on an all-electric car. Unfortunately, there is not much news about it. The company was first established as China's racing team to participate in and A1 Grand Prix and now Formula E. He finished the season winning the 2015 driver with one of its driver line-up Nelson Piquet Jr, former F1 driver. The company was apparently supported by the Chinese giant Tencent Technology and William Li, Chinese technology entrepreneur who also founded BitAuto, a car listings and e-commerce sites.

Youxia introduced its all-electric car, Youxia Ranger X, in July last year, but unfortunately it is not yet available. The car has been designed to have an electric motor of 324 hp and a range of input battery that provides a range of 137 miles on a single charge. The company also offers a range of two other car, 205 or 286 miles. Production should begin in 2016, with sales from early 2017.

With all these builders working on electric cars-all, we hope it would make all-electric cars more affordable.

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