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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
