Aehra names SUV and saloon as it bids for investment in factory

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Italian start-up has applied for government funding for a €1.2 billion plant in Mosciano Sant'Angelo

Italian electric car start-up Aehra has named its first two models the ‘Impeto’ SUV and ‘Estasi’ saloon, as it ramps up efforts to put the pair into production. It has submitted a business plan to Italy’s Ministry of Industry concerning a 207,000sq ft factory in Mosciano Sant'Angelo, in the country’s north-eastern Abruzzo region. Aehra said it chose the location for its proximity to Italy’s carbonfibre industry as well as the expertise offered by the nearby University of L’Aquila.

Home to one of the world’s most advanced EV engineering centers, the university will prove key to the development of Aehra’s advanced 800-km/497-mile range electric powertrain and all future EV technology. We also have a similar partnership with the Polytechnic of Milan.” Aehra plans to break ground on the €1.2 billion site later this year. It added that the plant could create 540 jobs locally as well as an extra 110 positions at the company’s headquarters in Milan.

 

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