Home: Motoring > To get certificate, AIWAYS will acquire 50% stake in Land Wind

To get certificate, AIWAYS will acquire 50% stake in Land Wind

From:Internet Info Agency 2019-02-20 16:33:41

Last November, AIWAYS Auto released its first production model, the AIWAYS Auto U5. The new car is a medium-sized SUV with 460km cruising range under NEDC comprehensive operating conditions. Even though the new car is scheduled to be delivered in the Q4 of 2019, AIWAYS Auto also faces a tough problem, that is, there is no qualification for building a car. Recently, IIA was informed that AIWAYS Auto is expected to obtain a certificate by acquiring the Land Wind owned by Jiangling Motors Corporation (JMC). At the same time, the Land Wind said: "There is no accurate information released to date, and if there is further information, it will be notified at the first time."

AIWAYS Auto will acquire a 50% stake in the Land Wind, and JMC and Chongqing Changan Automobile Co., Ltd. will account for the remaining 50%. After the completion of the acquisition, the Land Wind production base will be merged into AIWAYS Auto, and AIWAYS will also obtain automobile production qualification.

Previously, the Jiangxi Provincial Development and Reform Commission issued " Approval of the Annual Production of 100,000 Pure Electric Passenger Cars Project of Shangrao Branch of Jiangling Holdings Co., Ltd." (hereinafter referred to as the "Announcement"), becoming important clues of Jiangling and AIWAYS Auto cooperation.

AIWAYS Auto super smart plant in Shangrao City, Jiangxi Province has also been fully constructed recently. Two SUV models and one MPV model will be produced in the plant where boasts a capacity of 100,000 units per year including 15,000 units of the EV01, 48,000 units of the MAS861, and 37,000 units of the MAS871. Each model is equipped with a load-bearing car body structure, pure electric front drive system, matching single speed ratio gearbox.

Four new cars will be introduced within 2019

According to the plan, AIWAYS Auto will launch at least 4 new energy products in 2019, among which the first mass-produced electric SUV, the AIWAYS Auto U5, will be produced at this factory. And the car will be officially delivered in the Q4 of 2019.

The U5 is produced based on the design concept of Achichi “Smart Technology”. It is a medium-sized SUV with a 63kWh battery pack. The energy density exceeds 170Wh/kg. The maximum power of the motor is 140kW and the peak torque is 315Nm. The cruising range under NEDC comprehensive operating conditions is more than 460km, and the extra battery pack (AI energy battery pack) can also add another 100km.

New Land Wind X5 adopts new design

According to the plan, the Land Wind X5 facelift will be officially unveiled in this April. The wheelbase will reach 2760mm which is between that of the compact SUV and the medium-sized SUV. The front end uses a hexagonal large-mouth grille, and the two sides are equipped with popular split-type lamps.

Interior, the new car is equipped with a large-size full-screen LCD dashboard. The center console area is also equipped with a large-size display screen, which is full of technology. The air-conditioning air outlet is located at the bottom of the screen with chrome decoration. The bottom multimedia control and air-conditioning control are clearly divided and operate friendly. Convenient. In addition, the new car uses an electronic shift bar, and air conditioning vents are also set in the rear. However, there is no more information on the power currently.

Summary:

Although this acquisition has not been confirmed, AIWAYS Auto has won a total of about 7 billion yuan of three rounds of financing and its first model U5 has also been released. The cooperation with the Land Wind can obtain the qualification for building a car and accelerate the production and sales process.

Last year, the Land Wind sold only 25,723 new cars. The main models, the Land Wind X7 and the Land Wind X5, all suffered decline. If the cooperation with AIWAYS Auto this time can be realized, the Land Wind can use the technology of AIWAYS Auto to develop new energy vehicles. Therefore, after deep cooperation in the future, the two sides can fill in the shortcomings and achieve a win-win situation.

Editor:Hou Minghao