Aiways U5 – first Chinese electric car in Europe
Fiscal market choice
Aiways, which has its head office in Shanghai, is now test-driving its car from China to Europe over a distance of 14.000 kilometers. While the Dutch market is the first to receive the U5, the car will also be available in Germany, Norway, and Sweden.
“The company chose these markets because of their beneficial climate for driving electric,” a spokesman says. “In these countries, electric cars are popular, they are fiscally advantageous, and the loading infrastructure is good.”
Aiways doesn’t know yet through which channels the car will be delivered. Whether it will start its dealer network, use that of other brands or sell the car online will be determined later this year. Who will take care of maintenance is also still a question mark.
Aiways is a start-up but has already invested 1,7 billion euros in a new manufacturing plant in Shangrao (China). At the moment, the plant has a production capacity of 150.000 cars a year. Plans are to expand the capacity to 300.000 vehicles.
The European car industry will closely look into the plans of Chinese car manufacturers. Analysts have been warning for some time that the Chinese are miles ahead of the Europeans when it comes to developing electric cars.
Nevertheless, it’s not easy for Chinese manufacturers to gain access to the European market. Thunder Power wants to produce a small electric car in Belgium from the end of next year, but the process isn’t going as smoothly as hoped.