The joint venture will bring Qiantu's K50, K20 and K25 to Jordan and serve the Middle East and North African markets, Qiantu said.
(Image credit: Qiantu)
Qiantu Motors, which is almost forgotten in China, seems to be continuing to push its presence in overseas markets.
Qiantu's parent company, CH-Auto Technology Co Ltd, recently signed a strategic partnership agreement with the Manaseer Group, Jordan's largest private company, to jointly establish a joint venture in Jordan, according to a press release yesterday.
Qiantu will work with Manaseer to expand into the Middle East and North Africa market, bringing exciting electric vehicle (EV) options to consumers in the region, the Chinese EV maker said.
Jordan has one of the most stable and reliable markets in the Middle East and ranks first in economic freedom in the region, according to the press release from Qiantu.
Manaseer was founded in 1999 and has 16 subsidiaries with businesses in construction, building materials, new energy, transportation, modern agriculture, minerals and other sectors, according to the release.
The joint venture will bring Qiantu's K50, K20 and K25 EVs to Jordan and serve the Middle East and North African markets, Qiantu said.
Founded in 2015, Qiantu was one of the first EV startups in China.
Qiantu's first model, the Qiantu K50, was launched in China in 2018, but the model did not win recognition for the company and was discontinued in November 2020.
On December 18, 2021, Qiantu held a strategy-sharing session at its factory in Suzhou, marking its return after a two-year hiatus.
Qiantu unveiled its new development plan at that time, and also held a ceremony to launch the Qiantu K50 sports car and deliver the model to customers.
In October 2022 Qiantu announced to showcase and start pre-sales of Qiantu K50, Qiantu K25 and Qiantu K20 in Malaysia, with Qiantu K25 making its global debut.
In March this year, Qiantu signed an agreement with Mullen Automotive, an American EV company, to expand into the US market, and the K50 supercar will be rebranded with the Mullen GT and GTRS.
These modifications will be in line with Mullen's current vehicle design language in the Mullen FIVE and Mullen FIVE RS.
To secure the supercar's status, the car will also feature an updated powertrain, targeting a 0-60 mph time of less than 2.0 seconds and a top speed of more than 200 mph.
Qiantu inks deal with Mullen to tap US market, K50 supercar to be rebranded as Mullen GT and GTRS
