Future Mobility Electric Vehicles
Future Mobility, founded in 2015 and officially created early 2016, is one of the Chinese tech startups that grabbed the opportunity to leverage their experience in the vehicles of the future, where connectivity and the Internet of Vehicles will drive the auto industry. The development of electric vehicle technology provides a perfect platform for tech and vehicles to meet. Future Mobility is backed by Chinese social media giant, Tencent, who also invested in NextEV. The company targets 2020 as the date when it will launch an autonomous vehicle. Other shareholders include Chinese dealership chain Harmony New Energy Auto and Apple smartphone maker Foxconn.
Future Mobility Electric Vehicles in the news
2017 Week 17 - Tesla shareholder to unveil its own electric vehicle
Tencent-backed Future Mobility is set to unveil its concept vehicle this year with the intent on starting production in 2019. Tencent recently acquired a significant stake in Tesla by purchasing 5% of the US companies stock in the open market, making one wonder how it will impact on the investment with which it aims to compete. The concept vehicle is said to be a midsized SUV priced around $45,000. Chinese internet companies such as Tencent and Baidu are increasingly becoming active in the vehicle market as the bounds between cars and vehicle are falling away. Baidu introduced it’s Appollo self-driving platform last week, opening it up to developers to join in its development.
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