Chinese giant BAIC to make Tesla rival with electric car start-up Atieva

Monday, November 7th, 2016 - autos, cars, motoring, news

Source : Chinese giant BAIC to make Tesla rival with electric car start-up Atieva


Atieva’s website shows This particular line drawing of a potential future EV type

Beijing Automotive Industry Corporation (BAIC) along with Californian company Atieva plan to unveil their first electric vehicle at the 2016 Beijing motor show

One of China’s biggest car makers has thrown its support behind a fledgling start-up company which plans to take on Tesla with what This particular describes as a “breakthrough electric car”.

Called Atieva, the Californian-based company will be being backed by Beijing Electric Vehicle Company, an off-shoot of Chinese state own Beijing Automotive Industry Corporation (BAIC), which already operates successful joint-ventures with Mercedes-Benz parent Daimler as well as Hyundai.

Together that has a group of high profile component along with technology suppliers, BAIC along with Atieva plan to develop a range of electric cars to be offered for sale globally. The first versions will be set to be unveiled as a concept at the 2016 Beijing motor show.

In an official statement, BAIC has confirmed This particular plans to become Atieva’s largest shareholder in a move aimed at providing the company, which will be based in San Francisco, with the financial stability to realise its goal of challenging Tesla along that has a growing number of traditional car makers moving into the electric car ranks.

As well as providing key funding, BAIC will also provide Atieva with electric vehicle expertise through its fresh electric vehicle technical centre opened in Silicon Valley back in October.

The Chinese car maker already sells several electric cars inside the domestic Chinese market, including the BAIC E150 EV. yet while the compact several-door hatchback relies on conventional 23.4kWh lithium-ion battery along with boasts a claimed range of just 87 miles under the Chinese combined cycle test, the fresh electric car being developed with Atieva will be rumoured to use a much larger battery with more contemporary cell technology which will provide This particular that has a theoretical range of over 300 miles.

Further details to the fresh joint-venture electric car remain scarce, although a basic sketch featured on Atieva’s official website suggests This particular may have a sporting design similar in certain aspects to the Tesla type S.

A mission statement on the Atieva website said: “We’re redefining what a car can be by building an iconic fresh vehicle via the ground up. We’re a car company, not a design house. along with we’re definitely not a traditional automaker.

Atieva was founded in 2007 by former Tesla vice president Bernard Tse along with Astoria Networks founder Sam Weng. Its original operations centred around software for the monitoring of individual battery cells as well as controls for battery packs used in plug-in hybrid drivelines.

various other companies involved inside the development of the fresh Atieva electric car include German based industrial giant Siemens, Korean battery cell company SK Group along with Italian vehicle design along with production specialist CECOMP.

Atieva will be one of several start-up companies developing electric cars with financial backing via Chinese investors.

Los Angeles based Faraday Future has already indicated This particular will reveal a Tesla type S rival at the Consumer Electronics Show (CES) in Las Vegas in early January.

NextEV, headquartered in Shanghai yet that has a network of global research facilities, also recently revealed This particular will be working on a road going electric car.

by via Autocar RSS Feed

Source: Chinese giant BAIC to make Tesla rival with electric car start-up Atieva

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