[IN PICTURES] An all-electric ‘ultra-luxury hypercar’ is in the works in China

An Italy-based EV startup called Silk EV is set to partner with First Automobile Works (FAW) to co-develop an “ultra-luxury hypercar”

Chinese manufacturer to build an all electric sports car.

Lately, the electric vehicle (EV) arena has been the center of attention in the global automotive industry. Subsequently,  Many new products and players are altering the concept of automobiles as we know it. Although EV technology seemingly still has a long way to go before it can become a norm, the demand for it seems to be rising rapidly.

To cater to this rising demand, China is one of the few economies investing heavily in the EV domain. Several Chinese automotive companies like BYD, SAIC, and FAW are in the aggressive pursuit of a complete transitioning to electric power. One of these car manufacturers is also looking to form a partnership with an Italian EV startup to develop an all-electric hypercar.

The logo of FAW.

Details about the Hypercar

An Italy-based EV startup called Silk EV is set to partner with First Automobile Works (FAW) to co-develop an “ultra-luxury hypercar” – dubbed the S9. While the Silk EV will design and develop the hypercar, FAW (the startup company) will assist the Chinese automaker with the technical expertise and financial muscle.

According to reports, the vehicle will be marketed under the ‘Hongqi’ brand name, which is the same brand that manufactures the H9 – the Chinese equivalent of a Rolls Royce Ghost. Reports on the hypercar read:

The vehicle will be designed by Walter de Silva, a former designer for Alfa Romeo, Lamborghini, and the Volkswagen Audi Group (VAG).

Here are some pictures of the concept of the Hongqi S9 (hypercar):

China’s EV Project

China aims to expand its economic footprint across the globe by introducing various developmental projects across different world regions.

As per reports, the car project is a product of China’s Belt and Road Initiative (BRI). Currently, this initiative is running in various regions of the world, including Europe. 

China’s belt and road initiative details.

China is also making efforts to sell its EVs in the international markets. Arguably, that is a lot of ground to cover. Still, the development of this ultra-luxury hypercar will be a massive milestone for the country’s EV products to gain credibility. 

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