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CHONGQING JINKANG ELECTRIC VEHICLES

(aka Sokon aka SF Motors)

China’s Chongqing Sokon Industry Group is the shareholder in Chongqing Jinkang electric vehicles. Sokon registered a company, SF Motors Inc in the USA in September 2016 and in October 2016 acquired the US based AC Propulsion Inc. for $100 million. The company also signed an agreement with Tesla co-founder and previous CEO Martin Eberhard as the company’s new energy vehicle consultant. Sokon’s EV start-up, Chongqing Jinkang, received a coveted EV production permit to produce 50,000 electric vehicles per annum. The company presented an investment project of $375 million (2.5 billion yuan) to qualify for the production certificate. Sokon also partnered with Dongfeng in the production of small commercial vehicles and the Fengguang SUV.

NEWS

CHONGQING JINKANG ELECTRIC VEHICLES IN THE NEWS

Week 25 2017 - Chongqing Sokon expands to USA

Chongqing Sokon, one of the 15 Chinese companies with EV production certificates and owner of US based AC Propulsion this week acquired US AM General’s auto assets for $110 million. The acquisition includes the Hummer plant in Indiana and will be housed within its USA unit, SF Motors. Sokon has made a number of aggressive moves the last 12 months, including the signing of Tesla co-founder Martin Eberhard but so far has not made any clear indication of how all these actions will translate into a strategy.

Week 2 2017 - Chongqing Sokon gets production permit

China’s Chongqing Sokon receives the 8th electric vehicle production certificate, allowing the company to produce 50,000 electric vehicles per year.

Week 42 2016 - Sokon acquires US based AC Propulsion

China’s Chongqing Sokon Industry Group this week announced that is is to acquire electric vehicle company AC Propulsion Inc. for $100m.

TOOLS TO COMPARE ELECTRIC VEHICLES

We have designed some cool tools to compare electric vehicles. Our tools include a mobile app, charging cost calculator and EV selector. Use wattEV2Buy’s proprietary tools to find the ideal EV for your requirements and determine the cost of charging EVs.

EV SELECT

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Not sure which model EV to choose?

wattEV2Buy’s easy to use EV Select tool helps identify which electric vehicle is perfect for your specific requirements. EV Select compare electric vehicles battery electric range over various vehicle types. Within four clicks you can get the perfect luxury sedan able to drive your required distance on battery power.

EV CHARGING COST

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Unsure what the charging cost will be?

wattEV2Buy’s easy to use Charging Cost Calculator compare electric vehicles charging cost in your state and relate it to equivalent gasoline cost. The charging cost calculator also allows you to be specific and customize your electricity cost in kWh and provide results in miles and kilometers, making it usable all over the world.

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