Oct 12, 2017|By Tong Wangyue
The first K50, an electric sports car developed and manufactured by Qiantu, will roll off the production line in Suzhou New District at the end of this year. It will also be the first of its kind mass produced in China.
K50 has a top speed of 200 kilometers per hour and can accelerate from zero to 100 kilometers per hour in 4.6 seconds. A full charge can get it going for 350km. To develop the supercar, Qiantu has set up a research center and an assembly plant in the district. The new factory has been topped off and will start production by the end of this year.
Besides Qiantu K50, the district has also introduced a new-energy car project jointly invested by GCL Group and TJ Innova Engineering & Technology Co Ltd.
Suzhou New District has been promoting the development of strategic emerging industries in the past five years and the city’s new-energy vehicle industry has already taken shape.
A complete industrial chain for new-energy vehicle production has been introduced there. A number of new-energy enterprises and vehicle parts manufacturers, such as Lishen Battery Joint-Stock Co Ltd and INVT Electric Co Ltd, have been established in the district, which are expected to generate a combined annual output value of 27 billion yuan (US$4.1 billion).