Recently, the senior management of Feifan Automobile announced the new car plan of Feifan Automobile. "During the period 2022-2025, at least one new model will be launched every year, covering segments such as cars, SUVs and MPVs," the official said. The pictures show that in addition to the Open Pre-orderEd Feifan R7, Feifan Automobile will also release a new model this year.
Officials said that they will invest 20 billion yuan in the next five years, and focus on the market segment of 200,000-500,000 high-end new energy vehicles. In addition, Feifan Automobile will establish an intelligent driving and intelligent cockpit co-creation center together with Zero Bundle.
On October 29, 2021, SAIC Motor announced that the original R brand of SAIC Passenger Vehicle Branch will be market-oriented as an independent company, Chinese named Feifan Automobile. It is reported that Feifan Automobile is funded by SAIC Motor for 6.65 billion yuan, accounting for 95% of the shares. The employee shareholding platform subscribed to contribute 350 million yuan, accounting for 5% of the shares. (Image source: Weibo Garage 42)