Mullen Technologies announced that the Qiantu K50, recently unveiled in New York, will be produced in the Spokane region in Washington state.
The flagship sports coupe is expected in the U.S. market in the second-half of 2020, which means about 1.5 years from now. The ultimate volume will only be 600-650 annually.
The first step to build the manufacturing facility is a Letter of Intent (LOI) with the West Plains Airport Area Public Development Authority (PDA), for the construction of 1.3 million square feet of assembly, manufacturing, and research and development facilities.
"Mullen Technologies is working with the PDA to develop and produce its Qiantu K50 pure electric sports car in Spokane County with approximately 55 jobs at startup, increasing to 863 jobs by 2026. The company, through Mullen Energy, has a further interest in bringing its battery research and development of lithium batteries for its autos and other uses which would increase the job count to nearly 3,000. Over the next two years, Mullen will be developing an air handling system to optimize the battery cell life."
"The PDA would construct the facilities, including site improvements and rail access, and lease the facilities to Mullen. The PDA is currently working with Mullen to secure an interim facility of approximately 100,000 square feet for their immediate use for the battery research and development, production and initial assembly of the sports car."
David Michery, Mullen Founder & CEO said:
“We are thrilled to be finalizing this critical first step in bringing the Qiantu K50 by Mullen to North America. The response to the vehicle at the New York Auto Show was incredible and we can’t wait to get positive feedback once people actually drive this beautiful EV.”
Larry Krauter, Chair of the PDA and CEO of Spokane International Airport said:
“We are very excited about the LOI with Mullen. This is exactly why we created the Public Development Authority, to attract innovative companies to the region who create well-paying jobs so we can make up the income disparity with the rest of Washington. This is the role our community leaders envisioned for the PDA and the LOI is another example of our efforts to deliver on that vision.”
Qiantu K50 specs:
- 0-60 mph in 4.2 seconds
- top speed of 125 mph (200 km/h) electronically limited
- range of approximately 200 miles (320 km)
- dual motor all-wheel drive
- system output of 430 hp