Silk-FAW Automotive

Silk-FAW Automotive, founded in 2021, is a joint venture between Chinese auto manufacturer FAW group and Italy based Silk EV.[1] Based in Reggio Emilia,[2] Silk-FAW automotive plans to invest up to US$1.2 billion to design, develop and build high performance electric cars with production planned in Italy as well as China.[3]

Silk-FAW Automotive Group
TypeJoint venture
IndustryAutomotive
FoundedApril 2021
Headquarters,
Area served
China
Key people
Jonathan A. Krane (Chief Executive Officer, Founder of Silk EV)
Walter da Silva (Vice President of Styling and Design)
ProductsSupercars
ParentFAW Group
Silk EV
Websitewww.silkfaw.com

In 2021 Silk-FAW started production on its first car, the Hongqi S9. Designed by Walter de Silva, the S9 features a hybrid powertrain with a 4-liter twin-turbocharged V8, which produces over 1,300 Horsepower and a top speed of close to 250 MPH.[4] Silk-FAW plans to manufacture a line of 'S' cars, the S3, 35, and S7 respectively.[5]

The Silk-FAW manufactured S9

References

  1. Silk-FAW. "Silk EV And FAW Launch Global Joint Venture To Develop Hongqi 'S' Series Of Ultra-Luxury New Energy Sports Vehicles". www.prnewswire.com (Press release). Retrieved 2022-06-16.
  2. "Silk-FAW to build sportscar plant in Italy's 'Motor Valley'". Reuters. 2021-05-03. Retrieved 2022-06-16.
  3. "Silk-FAW names veteran FAW exec to board of directors". Automotive News Europe. 2022-01-18. Retrieved 2022-06-16.
  4. "1,400-Horsepower Hongqi S9 Hypercar Promises 250 MPH". Motor1.com. Retrieved 2022-06-16.
  5. "China Auto Industry Takes on its Biggest Challenge Yet - a Hypercar". China Marketing Insights. 2021-08-18. Retrieved 2022-06-16.
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