EV startup Bordrin to build vehicles at FAW's car subsidiary
Electric vehicle startup Bordrin Motors plans to produce its vehicles at Tianjin FAW Xiali Automobile, a car subsidiary of state-owned Chinese automaker FAW Group.
Production is to begin at year end by a joint venture to be formed by Bordrin and FAW Xiali, according to a framework agreement the two sides signed this week.
Assembling its EVs at FAW Xiali’s plant will allow Bordrin to win a production license from the Chinese government and will enable FAW Xiali to make better use of its production capacity.
The first vehicle to be assembled at FAW Xiali will be the iV6 electric SUV. Bordrin started taking orders for the iV6 last month at the Shanghai auto show. The vehicle is to go on sale in China in the first quarter of 2020, at a price ranging from 250,000 yuan ($37,150) to 350,000 yuan.