Press release content from PR Newswire. The AP news staff was not involved in its creation.
Silk EV And FAW Launch Global Joint Venture To Develop Hongqi ‘S’ Series Of Ultra-Luxury New Energy Sports Vehicles
February 3, 2021 GMT
Concept Sketch of the Hongqi S9, by Walter De Silva
MODENA, Italy and CHANGCHUN, China, Feb. 3, 2021 /PRNewswire/ -- Silk EV, an international automotive engineering and design company, and FAW, China’s largest car manufacturer, announced today that they have launched a joint venture to develop a series of ultra-luxury, high-performance, new energy sports vehicles for the China 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 Regione Emilia-Romagna, the heart of Italy’s Motor Valley, where Silk EV has its headquarters. As development of the Hongqi ‘S’ Series lineup continues, production will be in both Italy and Changchun, where FAW’s headquarters is located.