Why Did FAW Xinte Stop Production?
1 Answers
The main reason is that in 2019, Changjiang Automobile encountered difficulties in its development, coupled with changes in the national management of production qualifications for passenger vehicles. As a result, the new energy project in Gui'an New District was also put on hold, making it impossible to continue production for Xinte Auto. Below is additional information: 1. Xinte Auto: Xinte Auto was established in 2017 and entered the Ministry of Industry and Information Technology's catalog in July 2018, obtaining the qualification for passenger vehicle production. 2. Vehicle Introduction: In the second half of 2018, the first model, the DEV1, was launched, positioned as a mini pure electric vehicle with an NEDC range of 305 km. In 2020, Xinte Auto's second model, the GEV1, was officially released, also a mini electric vehicle with an NEDC range of 305 km.