Recently, the company Qiantu Motor signed an agreement with a California company Mullen Technologies on the Assembly model in the USA from parts made in China. According to the announcement, due to the import of ready to assemble components from China and the use of key components supplied from the United States, the partnership will make this exciting electric Roadster is available for customers from North America.
Qiantu K50, all-electric sports car from the Chinese car company, which first debuted in 2015. By 2020, the new, assembled in the USA, will be released on the world market.
K50 electric Roadster features a carbon-fiber body panels on an aluminum frame, equipped with two motors 402 HP and a torque of 650 N⋅m, so accelerates from 0 to 100 km in just 4.6 seconds, reaching a maximum speed of 200 km/h with a cruising range on single charge is 300 km. It is sold in China from August 2018 at a price of 700,000 yuan or slightly more than 100 000 $ at the current exchange rate.
Qiantu Motor was founded in 2015 as a subsidiary of Beijing CH Auto Technology company for the design and production of cars with internal combustion engines and electric vehicles.
China wants to be in the automotive market of America, so the American market is one of the most profitable on the planet (and the second largest after 28.88 million cars sold in China last year).
No Chinese brand has failed to break into the American market and establish itself there as the brand that Americans will trust. Qiantu engine aims to repeat the success of the Japanese Toyota in the 1970s, and the Korean Hyundai in the 1980s. Both brands have overcome initial scepticism towards inexpensive, well-folded products, which eventually stole market share from American producers.
Says Jeremy Acevedo, Manager research company Edmunds from the automotive industry, Qiantu can evade taxes on the import of Chinese cars by assembling their vehicles in the US, but in a trade war with China remains uncertain. Stream new models of electric vehicles from famous brands such as Audi and Mercedes-Benz, will appear in the U.S. market in the next two years. The competition for what is still a niche market (approximately 2% of sales in USA), can lead to the fact that the American brands can not get profit and stop the flow of Chinese electric cars before it starts.