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Maverick founder Li Yinan's car-making progress: the brand Chinese "self-traveler", raising 500 million US dollars

Maverick founder Li Yinan's car-making progress: the brand Chinese "self-traveler", raising 500 million US dollars

Beijing News Shell Financial News (reporter Chen Weicheng) Xiaoniu Electric founder Li Yinan entrepreneurial car manufacturing has new progress, December 15, Niu Innovation Energy Technology Co., Ltd. released the English brand "NIUTRON", Chinese brand "self-touring home", and announced that the first product self-touring NV will be listed in the first half of 2022 and accept reservations, and start delivery in September of the same year.

At the same time, Youjia Auto announced the completion of a round of financing totaling $500 million, and has received investment from IDG Capital, COATUE and other institutions.

Li Yinan car construction project in November 2018, the brand headquarters in Beijing, Shanghai set up a research and development center, and has a modern intelligent manufacturing base covering an area of 770,000 square meters in Changzhou, the overall design capacity of 180,000 units / year, the factory is currently undergoing pre-mass production transformation and calibration, will be put into use in March 2022. At present, Youjia Automobile has a core R & D team of nearly 1,000 people.

Self-touring car to determine the direction of pure electric BEV and extended range electric EREV two technical routes in parallel, based on the platform launched the first product self-touring NV positioned in the medium and large high-end SUV, to provide users with two kinds of powertrains to choose from, the car is expected to be listed in the first half of 2022 and accept reservations.

According to the company, since youjia NV has carried out three rounds of engineering trial production, R & D test mileage of more than one million kilometers, the first round of winter and summer tests has been completed, is currently undergoing the second round of winter testing. With the completion of the transformation of the manufacturing base, The NV is expected to be produced in small batches in March 2022 and will be delivered to the first users in September.

Edited by Xu Chao, Proofreader Wang Xin

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