(aka SD EV)
Chinese Henan Suda EV also named SD EV electric vehicle strategy received permission in March 2017 to develop its 2.6 billion yuan ($377 million) new energy vehicle project with 100,000 unit annual production capacity. The Henan Suda plant is expected to be in operation in August 2018. Henan Suda was founded in 2010 in Sanmenxia, Hunan Province. SD EV has two EV models ready for production. The vehicles are based on Suzuki SX4 sedan and hatch. The word Suda means to ‘Speed Up’ in Chinese while the Henan refers to the company’s home province.
HENAN SUDA EV MODELS
SD EV SALES
Go to our detailed breakdown of Global EV Sales to see how the Henan Suda EV strategy fares to its competitors in the fast-growing EV market.
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How successful is the Chinese New Energy Vehicles Program? The State Auditor found that 45% of Chinese EV makers sold less than 500 models per year.
Traum Auto, another new vehicle brand chasing the Chinese dream. The latest brand is from the Zotye stable officially launched on the 27th of June 2017.
In this week’s blog series on introducing Chinese electric car brands, we look at Thunder Power Holdings ( #ThunderPower ).