·The contract for the construction of the second production base of Wu and Jiajin

On February 21, the signing ceremony for the establishment of the second production base and industrial fund of Chejia Smart Car was held in Changzhou City, Jiangsu Province. The guests attending the signing ceremony included Shijiajun, deputy mayor of Changzhou, secretary of Wujin District Committee, and member of the Standing Committee of Wujin District Committee. Wu Xuyong, deputy secretary of the Party Working Committee of Wujin National High-tech Zone, deputy director of the management committee, Shen Yanan, co-founder and president of Chehe, CTE Li Tie, co-founder of Chehe, Li He, founder and CEO of Chehe, Changzhou The city’s Wujin District Mayor Dai Shifu and so on.
It is reported that the second base project signed this time plans to invest 3 billion yuan, covers an area of ​​450,000 square meters, and plans to produce 100,000 units, mainly for the production of pure electric and electric extended program SUV. The base will start construction in the second quarter of 2017 and is expected to be completed and put into production in 2018. The project covers the four major vehicle manufacturing processes of stamping, welding, painting and final assembly, and related facilities such as “three electrics” (motor, battery, electric control).
Not only that, but at the same time as the production base was signed, Chehejia announced that it would jointly set up a 4 billion yuan special industry fund with its shareholders and Changzhou Wujin National High-tech Industrial Development Zone for the future of car and home smart car second base. And related construction reserves of upstream and downstream industry chains.
At present, the first base of the car and home smart car has started construction in Changzhou in August 2016. The manufacturing base covers an area of ​​500,000 square meters, equivalent to 70 standard football fields. At the same time, the designed production capacity will reach 300,000 units. The factory will be divided into the first and second phases. At present, the construction of the base is progressing smoothly and will be put into operation as scheduled at the end of 2017. Not only that, but in addition to the 300,000-capacity vehicle manufacturing base, the car and home will also build a power battery factory in Changzhou, which can process 200,000 18,650 batteries per day. It will realize the digitization of production automation and management processes and introduce flexible manufacturing, which is expected to become the domestic 18650 battery model factory.
Just earlier this month, CEO Li wanted to post on his Sina Weibo that two new cars will be released in 2017. These include a medium to large SUV and a SEV (low speed electric vehicle) for short trips.
Among them, medium and large SUVs are aimed at medium and large SUVs such as Volvo XC90, Audi Q7 and BMW X5, while the new car will adopt three power options: pure electric four-wheel drive, extended range electric four-wheel drive and series hybrid.
Another SEV model is a four-wheeled electric motorcycle built in accordance with the European 2016 L7e specification, which is officially defined as focusing on short trips. The body size is short and compact. The appearance is the same as that of the SUV model. The body line is smooth and the front is short. The rear configuration is suspected to be an integrated spoiler. The interior of the car adopts a two-row layout, and the rear space is slightly smaller. From the current model positioning, the future will compete with Toyota's i-Road, Renault's Twizy, Nissan Nuvu, etc. Users can use the 220V/10A standard plug to directly charge or remove the battery to charge.

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