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Sitech to release one new model annually from 2018 to 2021

Nancy From Gasgoo| January 12,2018

China auto market news, Sitech FAW Mobike, Sitech Silicon Valley, Sitech DEV

Shanghai (Gasgoo)- In recent days, Sitech Electric Motor, a Chinese EV startup based in Guizhou Province, announced its global strategic deployment and also unveiled its brand at CES 2018. Besides, Sitech launched its logo and Silicon Valley Branch on Jan. 11. The signing ceremony of its strategic cooperation with world-renowned companies also be held during the event.

Backed and founded by Guian New District Development and Investment Co., Ltd., the Guian-based electric motor financed by a total investment of RMB 250 billion aims to be an all-ecological service provider of design, R&D and manufacturing for intelligent electric vehicles.

Sitech not only focuses on the R&D of cutting-edge vehicle design, but also attaches importance to intelligent connected vehicles and ecology of sharing finance, etc. Sitech believes that mobility tool is not just a tool of transportation in the future but also a new ecology integrated with autonomous driving and connected vehicles.

Sitech enjoys global resources in product R&D. In America, its R&D center of connected vehicles and intelligent driving is based in the Silicon Valley. Its style design center is in Europe. In China, its vehicle R&D center locates in Hangzhou, Beijing is its capital and brand center. Its Guian headquarters will take charge of manufacturing. 

China auto market news, Sitech FAW Mobike, Sitech Silicon Valley, Sitech DEV

Sitech Electric Motor is researching and developing DEV (D means Data, E means Electric and V means Vehicle). Sitech is so forward-looking that it integrated its electric vehicle products with big data even at the early period of R&D. 

From 2018 to 2021, Sitech intends to release one new model annually, positioning from small-size to large-size models. In terms of design, it will provide personalized services to meet the increasingly diversified demands of customers. 

Sitech has made several explorations and efforts to cooperate with other companies and even dictricts, such as FAW, Mobike and Guian New Area. Partnering with FAW, Sitech will set up Sitech Research Institute (Global). They will also jointly research and develop first mass-produced Sitech DEV1, which is expected to achieve mass-production in December. The DEV1 will be unveiled at the Beijing Motor Show 2018, during which, their detailed cooperation plan will also be announced.  

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