Silk EV and FAW launch joint venture to develop a new luxury sport EV
03 Feb 2021|1,022 views
Silk EV, an international automotive engineering and design company, and FAW, China's largest car manufacturer, hace announced a joint venture to develop a series of ultra-luxury, high-performance, new energy sports vehicles for the Chinese and global markets.
The Silk-FAW Joint Venture plans to launch the new full electric and hybrid luxury models under the Hongqi 'S' series - the first model of this series will be the ultra-luxury hypercar, the S9. The Hongqi S9 will be designed and manufactured in the Emilia-Romagna region in Italy, where Silk EV is headquartered. As development of the Hongqi 'S' Series lineup continues, production will be in both Italy and Changchun, where FAW is headquartered.
The launch of the joint venture follows an announcement by Silk EV and FAW in May 2020 of their plans to integrate the best of China and Italy's capabilities in a partnership that combines cutting-edge automotive, artificial intelligence, connectivity, innovative battery solutions, and Internet of Things with Italy's world-class design and engineering expertise.
The Silk-FAW partnership is the first joint venture between China and Italy in the super premium and premium auto segments with a commitment of more than $1.6 billion. The joint venture will be a unique opportunity for China and Italy to bring forth the future of mobility and electrification technology, thereby setting a new benchmark for the world and improving the global automobile ecosystem
The world-renowned Italian car designer, Walter De Silva of Walter De Silva & Partners, has been appointed as Vice President of Styling and Design for the Silk-FAW joint venture. He will design the entire lineup of the Hongqi 'S' series of new energy vehicles which will embody the essence of innovation and beauty.
The joint venture partners will also develop a world-class, fully connected innovation centre, production facilities, showroom and customer centre in Emilia-Romagna, Italy and a major production facility and innovation centre in Changchun, China.
Silk EV, an international automotive engineering and design company, and FAW, China's largest car manufacturer, hace announced a joint venture to develop a series of ultra-luxury, high-performance, new energy sports vehicles for the Chinese and global markets.
The Silk-FAW Joint Venture plans to launch the new full electric and hybrid luxury models under the Hongqi 'S' series - the first model of this series will be the ultra-luxury hypercar, the S9. The Hongqi S9 will be designed and manufactured in the Emilia-Romagna region in Italy, where Silk EV is headquartered. As development of the Hongqi 'S' Series lineup continues, production will be in both Italy and Changchun, where FAW is headquartered.
The launch of the joint venture follows an announcement by Silk EV and FAW in May 2020 of their plans to integrate the best of China and Italy's capabilities in a partnership that combines cutting-edge automotive, artificial intelligence, connectivity, innovative battery solutions, and Internet of Things with Italy's world-class design and engineering expertise.
The Silk-FAW partnership is the first joint venture between China and Italy in the super premium and premium auto segments with a commitment of more than $1.6 billion. The joint venture will be a unique opportunity for China and Italy to bring forth the future of mobility and electrification technology, thereby setting a new benchmark for the world and improving the global automobile ecosystem
The world-renowned Italian car designer, Walter De Silva of Walter De Silva & Partners, has been appointed as Vice President of Styling and Design for the Silk-FAW joint venture. He will design the entire lineup of the Hongqi 'S' series of new energy vehicles which will embody the essence of innovation and beauty.
The joint venture partners will also develop a world-class, fully connected innovation centre, production facilities, showroom and customer centre in Emilia-Romagna, Italy and a major production facility and innovation centre in Changchun, China.
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