According to Forbes News, five ambitious Chinese electric vehicle manufacturers are secretly setting up strategic bases in California to facilitate the search for professional and technical talents and to develop the world's most advanced electric vehicles. Titanium Wire,Titanium Straght Wire,Titanium Welding Wire,Titanium Coil Wire SHAANXI LASTING TITANIUM INDUSTRY CO., LTD. , https://www.lastingtitanium.com
It is reported that only one of the five companies has a Chinese government background, while the other four are endorsed by Chinese billionaires to provide financial support. But these Chinese start-ups are too new, set up too short, they have just been established, and they are constantly learning what to do and what to do, just like the newborn in the hospital. The information of these five companies is as follows:
First, Faraday Future Faraday Future. The company was founded in 2014 and is headquartered in Gardena, California. The Nevada plant is expected to open in 2018. The company’s leadership is a former Tesla executive. The Chinese support behind the company is LeTV and is related to Aston Martin.
Second, BYD. BYD means “achieve a dream†and is China's leading electric car manufacturer. It was founded by billionaire Wang Chuanfu, and American insurance company Berkshire Hathaway is a major shareholder.
Third, Weilai Automobile NextEV. Weilai Automobile was founded in 2015 and started with only 10 people. It is now close to 1,000 people. The company has several bases in Shanghai, Munich, San Jose, California. It was founded by top Internet companies and entrepreneurs with hundreds of millions of dollars, including leading Internet company Tencent, founder Li Bin, car founder Li Xiang, Jingdong founder Liu Qiangdong, and well-known investment institution Gaochun Capital Initiated the establishment. The US business is led by former Cisco Chief Technology Officer Padmasree Warrior.
Fourth, Karma Motor Company. Its predecessor was Fisker Motors. Since its sales performance was far below its target and the company's finances were in a desperate situation, China Wanxiang Group successfully acquired Fisker at the price of about US$150 million at the end of 2013. Karma Motors operates in Costa Mesa and the Moreno Valley plant is about to begin operations.
Five, Atieva. BAIC accounts for more than 25% of the company's total shares, and has cooperated with BAIC and Mercedes and Hyundai Motor in China. At the same time, Faraday's future owner Jia Yueting also holds shares. Atieva plans to launch future products that will compete with Tesla Model S. The company recruits engineers from Stanford University and they work at the world's top offices in Menlo Park. The company's philosophy is to reimagine the future and rewrite the rules.
In addition, the Chinese automotive industry has another familiar newcomer, Future Mobility. The "new" of the Internet-made car, which is funded by Internet big-name Tencent and manufacturing giant Foxconn, is building a "dream team" lineup, whether it is a traditional luxury car brand or the backbone of Internet-made cars like Tesla. Power has become the main direction for recruiting big coffee in the industry. How long is it to set up an office in Future Mobility in California? I am afraid it will not be too far.
These companies are very young but full of entrepreneurial passion. Professionals gather and work hard in California. Moreover, they are beginning to tap top talent from other top companies such as Tesla, Google and BMW.
The other big names in the auto industry are still not very clear about the Chinese “invadersâ€. They are both curious and have a hint of fear: Are these companies really serious about electric cars? What are their true intentions? Will they still exist after five years?
At an autopilot conference held in San Jose last month, an engineer from Weilai Motor said: "We will not export to the US market in the same way as Japanese and Korean companies. We have too many Chinese brands. â€