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Modern Auto

From EverybodyWiki Bios & Wiki


Modern Auto
ISIN🆔
Founded 📆2019
Founder 👔
Headquarters 🏙️, ,
China
Area served 🗺️
Key people
Liu Xin (President)
Gu Fengchao (director)
Members
Number of employees
200 (2021)
🌐 Websitehttp://www.modernauto.cn/index.html
📇 Address
📞 telephone

Modern Auto is a Chinese manufacturer of electric passenger cars based in Shanghai operating since 2019.


History

Startup Modern Auto was founded in 2019 in Shanghai by Chinese entrepreneur Liu Xin[1], targeting the development of electric cars on the dynamically developing electric vehicle market in China, the so-called New Energy Vehicles[2]. The first results of work on the Modern car were presented in the form of photographs and preliminary technical specifications in October 2020, tentatively calling it Modern A[3].

The production model, as a fully electric compact hatchback, under the name Modern IN, debuted on the domestic Chinese market in May 2021[1]. Serial production and deliveries of units are scheduled for the second half of 2021[1], in turn, thanks to the employment of over 200 people[1] and financial liquidity, the startup plans to expand its model offer and also start selling on foreign markets – mainly Europe and North America[3].


Products

Modern IN

References

  1. 1.0 1.1 1.2 1.3 "This is not Tesla Y. New Chinese EV Modern IN starts presale at 125 000 yuan (19 000 USD)". 17 May 2021. Retrieved 2021-08-27.
  2. "China new energy vehicle sales to grow over 40%/yr in next 5 yrs -industry body". Reuters. Retrieved 2021-08-27.
  3. 3.0 3.1 "Modern Auto reveals its first production car, and it's electric". Retrieved 2021-08-27.


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