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Silk Faw Latest News

  • The facility was part of a wider plan to invest more than a 1 billion euros ($1.1 billion) to build electric cars in Italy under the Hongqi brand.
    Silk-FAW Drops Plan To Build Italian Plant For Electric Sports Cars
  • Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW, said it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy.
    Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy
  • Earlier this month Italy's Emilia-Romagna regional government sought reassurances from Silk-FAW amid worries by the local authorities that the plan might not go ahead.
    Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy
  • Emilia-Romagna regional government will hold talks with Silk-FAW next week over fears the Sino-U.S. venture's plans to invest a billion euros to produce electric sports cars in the area might not go ahead.
    Italian Region Wants Answers From Silk-FAW Over Electric Sports Car Plan