September 6, 2019: StreetScooter is set to enter the Chinese market as the Deutsche Post subsidiary signed a Memorandum of Understanding (MoU) with Chinese automobile manufacturer Chery Holding Group to start local production, sourcing and development of last-mile electric light commercial vehicles (eLCV) specially tailored to the Chinese market and potentially selected other countries.
The new joint venture intends to target major fleet operators in the areas of last-mile delivery and e-commerce as potential customers.
The MoU is part of an economic agreement reached during German Chancellor Angela Merkel's trip to China.
According to the MoU, the entry of electric light commercial vehicles into the Chinese market will be gradual.
Mass production is scheduled to begin in 2021 with production capacities of up to 100,000 electric vehicles per year.
#StreetScooter to enter Chinese market: Deutsche Post subsidiary and automobile manufacturer Chery Holding Group sign Memorandum of Understanding #GoGreen #EMobility #ZeroEmissions2050 @StreetScooter_ https://t.co/CbP6Fj6nVy