China Tesla wannabe pushes ahead on SUV


MUNICH: EFuture Mobility Corp, the Chinese electric-car maker founded by former BMW AG and Nissan Motor Co executives, is sticking to a plan to sell its first model by late 2019, even as it faces a long bureaucratic wait to begin production.

It’ll probably take two years to get a manufacturing licence to start making cars at a US$1.7bil factory in Nanjing, FMC chief executive officer Carsten Breitfeld said in an interview here. If necessary, the company will outsource production of its first sport utility vehicle.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Chinese , Tesla , electric , cars

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read