夜店,CHJ gets production permit via ¥650 million acquisition of L,番号搜索器网页版

国际新闻 · 2019-04-18

CHJ Automotive began accepting downpayment for the Leading Ideal One on April 10 at a uniform retail price of 328,000 (after subsidie色月亮s). Deliveries are expected to start in Q4 2019.

CHONGQING – CHJ Automotive just got a step closer to getting the coveted license to produce its Leading Ideal One extended range electric SUV.

The Chinese sma周杰忠rt EV startup is expected to acquire 100 percent of Lifan Automobile Co., Ltd., a subsidiary of the Chongqing Lifan Industry Group, for 650 million through Chongqing Xinfan Machinery & Equipment Co., Ltd., an entity legally rep熊顿忽然逝世的原因resented by Shen Yanan, co-founder of CHJ Automotive.

夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版
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夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版

The share sale was announced in a circular released by Lifan Industry Group on December 18, exactly two months after CHJ Automotive unveiled the Leading Ideal One on October 18.

The previous day, Lifan Industry Group and CHJ Automotive signed a strategic cooperation framework agreement in Chong夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版qing to jointly develop solutions for new energy vehicles, connectivity, smart transportation, human vehicle interaction and data sharing.

The agreement covers six major areas: sharing of extended r宏组词ange electric vehicle power module control technology, vehicle HMI systems, dedicated vehicle fo夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版r ca雷洁琼简历r sharing and ride-hailing, data analysis, scenario-based discu谭盾和谭维维什么关系ssion and data sharing based on telematics, as well as the possibility of Lifan Industry Group participating in the latest financing round for CHJ Automotive with financing amount and price to be decided at a later date.

Lifan currently has two subsidiaries – Lifan Auto and Ldomoticzifan Passenger Vehicle, both of which own traditional fuel and new energy vehicle production lice夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版nse. CHJ Automotive will likely use the production license from Lifan Auto for the production of the Lea好色的男人ding Ideal One at its smart manufacturing facility in Changzhou, Jiangsu Province, si施组词milar to what WM Motor had done with its manufacturin夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版g facility in Wenzhou, Zhejiang Province using a production license it purchased from Shenyang Polarsun for 1.18 billion.

CHJ Automotive's manufacturing facility in Changzhou, which has a designed 罗萍简历苏有朋的老婆颜丹晨annual output capacity of 300竹字头加旦,000 vehicles, has alread幸有我来山未孤y completed construcz673ction. It is currently c马苏老公onducting testing of the Leading Ideal One, which is expected to be launched to market in Q4 2019 at a price of under 400,000 before subsidies.

The Chinese smart EV startup camp has used various ways to gain production license. NIO and Xpeng Motors have selected the contract manufacturing route with partners JAC and Haima Auto respectively, while DearCC and Byton, in addition to WM Motor and CHJ Automotive, have taken the "shell-purchase" route – acquiring existing manufacturi狂峰战豪ng assets. Byton, for example, acquired a production license from FAW Group, a series B financing 方钊round investor, for about 850 million.

Li Xiang, founder and CEO of CHJ Automotive, is a huge opponent of contract manufacturing and firmly believes in building and operating a manufacturing facility on its own.

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夜店,CHJ gets production permit via ¥650 million acquisition of L,编号搜索器网页版

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