China brings an EV to Europe, US

China brings an EV to Europe, US

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Start-up Aiways is planning to launch the first Chinese electric car in Europe and the US in early 2020. The Shanghai-based company will avoid the dealership route and instead offer its U5 SUV via online leasing options as a way of keeping down prices.

Aiways is now looking to tie-up with German outfit Vehiculum, which recently unveiled a new offering with supermarket chain Aldi to provide customers with a Fiat 500 for just €89 per month. Vehiculum reckons consumers can conclude a car deal on its platform inside 15 minutes.

The Chinese firm will look to supplement any online process with the rollout of pop-up shops where drivers can test drive the U5.

Aiways plans to produce 50,000 U5s in 2020 and the EV is likely to come in at around €400 per month.

And Turkey is planning launch its first home-produced EV in 2022, according to the industry and technology ministry. “This is a technological project that will transform the country’s entire automotive industry and boost the local automotive industry’s competitiveness in the international arena,” the ministry says.

The car will be made by a grouping of five Tirkish firms  –Anadolu Group, BMC, Kıraça Holding, Turkcell, and Zorlu Holding – currentlyy with the snappy name Joint Venture for Turkey’s Car Industry and Commerce.

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