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.

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Business , Chinese , Tesla , electric , cars

   

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