The undisputed Italian Motor Valley will be the center of the design, engineering and production of the new ful-eletric and plug-in cars. The American Silk EV and the Chinise FAW have signed the joint venture contract for the design anf the production of the new vehicles in the heart of the Italian Motor Valley. The new vehicles which will be created and developped in Emilia Romagna, where Silk EV has its headquarters, while the large scale production will also take place in Changchun, home of FAW.
In the near future the two companies, who have already indicated Walter De Silva as head designer for the new production line, will also choose together with Emilia Romagna region administration the best location for the estsblishment of the new automative center.
The Italian Motor Valley with its 16.500 companies is a unique industrial center counting a 16 billions turnover and a 7 billions export. This is the land of the Italian historical brands such as Automobili Lamborghini, Dallara, Ducati, Ferrari, Haas, Magneti Marelli, Maserati, Pagani and Toro Rosso and will be the future of the automative industry.