Unlike startups Lucid, Faraday Future and Rivian, Mullen isn’t pushing its own car to sell in the United States. In 2016-2021, its share of growth within the total composites market is estimated to be 16%. The aerospace and defense industry makes up to 13% of the total composites market in 2016 in value. ecoXplorer.com is an independent information service which is compensated by advertisers and sponsors.
That's because Qiantu Motors recently signed an agreement with California-based Mullen Technologies, Inc., to assemble a homologated version of the vehicle here in the US, from parts constructed in China. There are also a number of high-tech advanced driver assistance systems, including forward collision warning, lane keeping assist and blind-spot detection. Mullen and Qiantu hope to use that "architecture" on a new SUV McMahon says they plan to debut in 2022. Both the Jeep Wrangler and Toyota FJ Cruiser hold their value remarkably well, but which of the two is a stronger buy? The monthly JEC rendez-vous on the latest news in the Composites world and their applications. Qiantu Motors was founded in 2015 as a subsidiary of Beijing CH-Auto Technology, a vehicle design and manufacturing firm that has developed both conventional and electric vehicles.
Would you buy a six-figure electric sports coupe made in China? This also lightens the load – literally – saving several hundred pounds, which also helps increase battery range. Mullen has said it plans to assemble the car … The pack is rated for 230 miles between charges in China, though that figure is expected to come in lower using the U.S. EPA test cycle. Read more: OMV and Mubadala complete Borealis transaction The entire composites business filtered by sector. And Mullen will be expanding its footprint to the East Coast.
K50 Coupe will otherwise be on sale later this year, at … The Mullen Qiantu K50 Adam Jeffery | CNBC Michery said the start-up expects to price the U.S. version of the K50 at around $149,000 when it reaches showrooms next year. Due to the continued impact of the Covid-19 pandemic and after thorough consultation of clients and partners, the next edition of JEC World is rescheduled to June 1st to 3rd, 2021. First Name. Read the statement. Stay up to date with the latest news about green travel, green cars, smart spending and frugal living by subscribing. .et_pb_column_2 { by Goosen Wynand | Aug 3, 2020 | Newsletter | 0 Comments. This Is How Much You Pay On Average For Car Insurance In All 50 States. Alcantara is everywhere, beyond the seats to the door panels and dashboard. Qiantu Motor’s first production model, the Qiantu K50, manufactured at its plant in Suzhou, has officially hit the market with a subsidized price of CNY 686,800 (US$ 100,300), available for booking on its official website. McMahon said Mullen also wants to tighten gaps between carbon fiber panels to meet the expectation of picky U.S. buyers. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. All Rights Reserved. Other features in the two-seater EV include a heated windshield, rooftop solar panel and a 360-degree surround view camera.
The body is made of super-light carbon fiber, the roughly two dozen exterior panels weighing in at just 103 pounds, noted Mullen's chief engineer, Frank McMahon. Top 5 EV News Week 31 2020 | Successful IPO for CHJ Auto, Kandi finally enters the USA, Mitsubishi pays the cost for failing EV strategy. Uniting decision makers from end-user industries, these programs provide participants with the latest information, trends and experience on composite materials from the entire value chain. It deserves special mention that the Qiantu K50 features a rechargeable energy storage system (RESS) and an active liquid cooling and heating system to ensure normal use in the temperature range between -30°C and +55°C and unaffected battery range, in addition to a battery management system (BMS) that keeps battery capacity loss within 5% in five years. Whether it will be able to build that much of a market is far from certain. Filed Under: Electric Cars, Green Travel, Luxury Drives Tagged With: Qiantu K50. Last Name. Sign up for free newsletters and get more CNBC delivered to your inbox. The 402-hp K50 wears carbon-fiber body panels on an aluminum frame, with a claimed 4.2-second 0-60 time, a top speed of around 125 mph, and a driving range of nearly 240 miles. Qiantu Motor’s first production model, the Qiantu K50, manufactured at its plant in Suzhou, has officially hit the market with a subsidized price of CNY 686,800 (US$ 100,300), available for booking on its official website. But there’s a problem: It did not have a car of its own to sell. Mullen has not announced any official pricing, but said it aims to put the Qiantu K50 on sale by 2020. The Chinese version of the K50 will undergo a number of modifications for the U.S. market, many of those focused on meeting American safety regulations. By shifting power from front to back, the K50 can enhance its ability to negotiate sharp corners and twisty roads. (Video). With its twin electric motors drawing power from a lithium-ion battery pack, the K50 can punch out 430 horsepower and 560 pound-feet of torque, enough to launch it from 0 to 60 in just 4.3 seconds, with an electronically limited top speed of 112 mph. However, the company has yet to announce exactly where in North America they’ll build the U.S.-adapted Qiantu K50. Mullen operates a string of used car dealerships on the West Coast and also owns the automotive website CarHub. Follow us on Facebook: stay connected and get in touch with the Composites Community. Aerospace sector is one of the main ones to drive innovation in composites. All the stories and photos on our site are protected by US Copyright laws. McMahon told CNBC that Mullen and Qiantu opted for the approach because it reduced investment costs and also allowed for more flexibility in the K50's overall design. Top 5 EV News Week 32 2020 | Cadillac Lyriq unveiled. Invisible door handles open with a soft touch and the doors close with a whisper. The Composites Challenge is a competition of PhD sourced and selected for the quality of their research work in the field of composites. In their latest study, research firm iSeeCars analyzed over 8 million sales to find the best and worst depreciating cars and trucks over 5 years. Does The 2021 Nissan Rogue Bring The Goods To BEAT The... Michelin Pilot Sport 4 S vs.
That means the Qiantu K50 is being assembledand tweaked for American safety standards including headlights, taillights and crash test requirements, plus parts from top-rated suppliers including Pirelli and Bosch – much like clothing, washing machines and such which are assembled here from pieces and parts made elsewhere. The company is not entirely new — it previously built other ill-fated electric models a few years back. Mullen hopes it will have better luck with the K50 than it did with the Coda, an affordable but “plain vanilla” EV sedan that was one of the early casualties of US electric start-ups. WEEKLY TOP 5 EV NEWSLETTER. 2020 Hyundai Sonata N Line Vs. Ultimately, Mullen will get the parts and frame to assemble the car from China, as well as from suppliers like Magna Steyr, Pirelli and Bosch. } Qiantu K50 by Mullen, 2019 New York auto show The K50 comes with full LED lighting, a heated windshield, heated and ventilated seats, and panoramic surround-view cameras. Use wattEV2Buy’s proprietary tools to find the ideal EV for your requirements and determine the cost of charging EVs. @media only screen and (min-width: 981px) An estimated 40 battery-electric vehicles are on display at this week's New York International Auto Show, and contrary to their popular image as slow and stodgy, many of them put an emphasis on performance, including the new Qiantu K50 by Mullen. Already on sale in China, there is a two-month backlog of orders, said David Michery, founder and CEO of California-based Mullen Technologies, a start-up partnering with Chinese automaker Qiantu Motor to bring the K50 to the U.S. market next year.
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