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. Chinese Qiantu K50 electric sports car heading to the U.S. China's first supercar Qiantu K50 Event! Top 5 EV News Week 32 2020 | Cadillac Lyriq unveiled. 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. RESS rechargeable energy storage system.The future of the K50 NEDC comprehensive working conditions has a cruising range of more than 380 kilometers, and the cruising range of 60 km/h is more than 510 kilometers. 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. The supercar is scheduled to be on lots in late 2020 with a sticker price between $100,000-$150,000, putting it in the same space as the BMW i8 plug-in and Audi R8. The creators say the combined peak output of the system “can be as high as 280 kW (375 hp), with a torque of 580 Nm (428 lb-ft),” which provides a 0 to 62 miles per hour (0-100 kilometers per hour) acceleration in just 4.6 seconds. } .et_pb_row { 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. There are also a number of high-tech advanced driver assistance systems, including forward collision warning, lane keeping assist and blind-spot detection. Top 5 EV News Week 32 2020 | Cadillac Lyriq unveiled. Got a confidential news tip? One of the odd details of the K50 is the use of a T-shaped battery pack. Whether it will be able to build that much of a market is far from certain. Chinese Qiantu K50 electric sports car heading to the U.S. China's first supercar Qiantu K50 Event! by Goosen Wynand | Aug 2, 2020 | Newsletter | 0 Comments. Tesla changed the equation with its original sedan, the Model S, which could match the acceleration of some of the fastest sports and muscle cars on the market, especially when equipped with optional Ludicrous Mode. Prices in China start from ¥754,300, or about $112,500 at the current exchange rates. We hate spam just as much as you, so be assured we will only send you one email a week with real news. All Data and Content Management Powered by Ninox. This layout ensures all-wheel drive capability with multiple driving modes. Underneath the sleek body with aluminum construction, the K50 rides on chassis with front and rear double wishbone suspension with calibrations by Mira. Get upfront price offers on local inventory. { by Goosen Wynand | Aug 3, 2020 | Newsletter | 0 Comments. .txtwhite{color:#ffffff !important;} Power comes from a duo of electric motors, one for each axle. The two companies have also revealed the vehicle will be sold in the United States starting 2020. 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. 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. }. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. We want to hear from you. Despite the rise in demand for the Tesla Model 3 last year, overall sales of battery-electric vehicles barely topped 1% of the American market. We have designed some cool tools to compare electric vehicles. The U.S. version of the K50 is expected to be priced around $149,000 when it reaches showrooms next year. Update: Live photos are now in the gallery. It costs just $80,000, after subsidies, in China and frankly looks like a million bucks. Mullen’s exact launch plans for the U.S. market are not known at the moment but it is believed the company will sell the K50 in a limited production run, at least initially. California-based Mullen Technologies and its Chinese partners Qiantu Motors have confirmed the K50 electric sports car will make a North American debut during the 2019 New York Auto Show in April this year. The K50 is a well-proportioned, two-door sports car riding on an all-aluminum body frame with carbon fiber body panels. The initial target is to sell about 1,000 of the sports cars in 2020, the figure rising to 5,000 annually, starting in 2022. 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. Three new EV models launched this week. Yet another Chinese EV startup IPO. A Division of NBCUniversal. With twin electric motors drawing power from a lithium-ion battery pack, the K50 can punch out 430 horsepower and 560 pound-feet of torque. .bgblack{ background:#000 !important;} Brew Sizes, Black Qiantu K50 electric car is a Chinese Tesla Roadster replica that costs as much as a Model S Performance. 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. } padding-right: 0px !important; © 2020 CNBC LLC. To maximize both range and performance, the K50's development put a premium on what the industry refers to as "lightweighting." Top speed is electronically governed at 124 mph (200 kph). When the first generation of electric vehicles came to market at the beginning of the decade, products like the Nissan Leaf put an emphasis on range above everything else, largely limiting the fun-to-drive factor. Data is a real-time snapshot *Data is delayed at least 15 minutes. The Qiantu Motors K50 electric sports coupe is going to be made and sold in the United States in 2020. That was an approach used early in the decade by manufacturers like General Motors, which had a T-shaped pack in its Chevrolet Volt plug-in hybrid. Get this delivered to your inbox, and more info about our products and services. The Qiantu K50 … Copyright 2015 - 2020. Use wattEV2Buy’s proprietary tools to find the ideal EV for your requirements and determine the cost of charging EVs. They're wrapped around an all-aluminum space-frame. padding-bottom: 0px !important; 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. The battery pack, or RESS (Rechargeable Energy Storage System), is developed by Qiantu and provides an NEDC range of 230 miles (370 kilometers) on a single charge. All Rights Reserved. padding: 1% 0 0 0 !important; Some parts will be sourced from the States, however, including the battery pack that is currently produced in San Francisco and then shipped to China. Our tools include a mobile app, charging cost calculator and EV selector. Sign up for free newsletters and get more CNBC delivered to your inbox. Rating and specs of Qiantu K50 - top speed 200 kph, power 435 hp., 0-100 kph, 0-62 mph 4.6 seconds 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. Mullen and Qiantu hope to use that "architecture" on a new SUV McMahon says they plan to debut in 2022. introduced in Shanghai. The layout allows for what McMahon called "Dynamic Torque Vectoring." Mullen and Qiantu promise “precise handling and ride feedback to drivers.” Stopping power is provided by a Brembo braking system with four-piston calipers on all four corners, hiding behind lightweight forged aluminum alloy wheels with Pirelli P Zero performance tires. Keurig K-Classic Coffee Maker, Single Serve K-Cup Pod Coffee Brewer, 6 to 10 Oz. The K50 sits low and wide, with classic supercar proportions, and the partners behind the project are betting there is an emerging and still largely untapped market for high-performance electric cars. The electric drive system on the K50 is paired with an array of advanced technologies including a 15.6-inch touch screen that controls the car's infotainment system and other vehicle functions. Yet another Chinese EV startup IPO. The new car company says it is negotiating franchises with other retailers and hopes to open another showroom in Brooklyn, New York, by the time the first K50 is ready for the U.S. market. introduced in Shanghai, China's Qiantu K50 Electric Supercar Confirmed For New York Debut, https://www.motor1.com/news/307054/mullen-qiantu-k50-electric-supercar/, Best Renderings Of The Week: From New Tundra To Maserati Snowmobile, See Scania Sacrifice VW Golf In The Name Of EV Safety Research, Ferrari 488 GT Modificata Is A 700-HP Track-Focused Supercar, Hurry! The Qiantu K50 will initially be sold through five California dealerships owned by Mullen Technologies' affiliate, Mullen Auto Sales. Only 2 Weeks Left To Enter For Chance To Win Ultimate Tesla Model X, About 1,000 Cadillac CT4 Sedans Delivered With Wrong Badges. By shifting power from front to back, the K50 can enhance its ability to negotiate sharp corners and twisty roads.