- Start of deliveries for domestic market precedes European market launch in April2020
- Cars produced at €1.73 billionpurpose-built ‘Industry 4.0’ facility in Shangrao, China
- European specifications, pricing and sales model to be confirmed early 2020
Shanghai, China, 23 December 2019 – AIWAYS, the Shanghai-based personal mobility provider, has officially commenced volume production and deliveries of its all-electric U5 SUV for customers in its domestic market. This is an important milestone for the start-up EV brand and its purpose-built ‘Industry 4.0’ facility located in Shangrao, China, ahead of the planned launch of the car in Europe in April 2020.
Speaking at a special launch ceremony in Hainan, China, AIWAYS’ President and Co-founder, Samuel Fu, commented: “This is a key moment for AIWAYS as we ramp up production to meet demand for new-energy vehicles here in China. Following the start of volume production and deliveries in our domestic market, we are now a vital step closer to the official European launch of the all-electric U5 early next year.”
Mr Fu added: “Buyers of the U5 in China have been drawn to the U5’s blend of zero-emissions power, high-tech features and eye-catching design, as well as the German-led R&D expertise that has informed every stage of its development. As we present the first examples of the car to European media and potential customers early next year, we are confident that the same characteristics will appeal.”
European pricing and specifications for the car will be announced closer to the car’s European market launch in April 2020.
U5 production for Europe
Volume production of the U5 for China is now underway at AIWAYS’ €1.73 billion manufacturing facility in Shangrao, China. An initial batch of cars destined for Europe was also produced at the plant at the end of November 2019.
AIWAYS’ ‘Industry 4.0’ production facility in Shangrao, Jiangxi Province was built from the ground up in just 14 months. The plant is able to produce 150,000 cars a year, and can accommodate an increased production capacity to 300,000 cars a year as demand grows.
With comprehensive optimisation and product control, the company can manufacture high-quality and affordable e-mobility solutions from China for a global customer base. The Shangrao facility consists of a stamping plant, body shop, paint shop, unique battery packing station and assembly shop.
The U5 is a statement of intent from AIWAYS as it rolls out affordable zero-emissions family transport to global markets. The mid-size SUV will offer style, premium build quality and 503-kilometre, zero-emissions electric range (NEDC).
AIWAYS media contacts:
Emma Hai, AIWAYS Overseas Brand & PR Director
Emma Hopgood, PFPR Communications
+44 (0)7809 215894