This was an announcement made by Qiantu Motor’s partner last week. This partner is Mullen Technologies and they will help the Chinese manufacturer to homologate, assemble and market the K50 in North America.
This is not the first time a Chinese automaker is trying to break into the US market, and so far, none of them have been able to keep the buyer’s confidence.
Qiantu Motor is trying to tackle Tesla directly with its K50, a luxury electric sports car. According to Mullen Technologies, this two-seater will develop 402 hp and will have an aluminum frame and carbon fiber body closures. However, they did not mention the battery size.
By importing ready-to-assemble components and using key components from the United States, it will allow the K50 to be available to North American consumers in 2020 at an ” unexpectedly affordable cost,” says Mullen.
Making its international debut at the Shanghai Auto Show, the Chinese company launched its K50 under the banner of its parent company CH-Auto Technology.
The Qiantu Motor K50 will have a 380 km range and is the first model of the brand. Available in China since August, it retails for 754,300 yuan, or $147,000 CAD.
Mullen Technologies will take deposits for it in 2019 and the first K50s are expected to be delivered in 2020. Although this car looks promising, with the arrival on the market, in 2020, of several electric vehicles from already well-established brands, such as Audi and Mercedes, just to name a few, Qiantu Motor will have to work hard to gain market shares. As we already know, the new electric vehicle sales market share is less than 2% in the United States right now.