CHENGDU, Jan. 22 (NBD) -- Tencent-backed Future Mobility Corp. (FMC) will invest 11.64 billion yuan (1.69 billion US dollars) to build a high-end smart electric car factory in Nanjing, Dr. Daniel Kirchert, COO and co-founder of FMC, told NBD-Auto. 

With a designed production capacity of 300,000 cars, the plant will be put into operation in two years. 

FMC will unveil the prototype of its first product in late 2017 or early 2018, with the production version slated for launch by 2020. 

Regarding the company's future financing plan, Dr. Kirchert didn't give much details, but said that a new round of financing will be soon announced. 

 

Email: lansuying@nbd.com.cn

 
Editor: Lan Suying