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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
  • 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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