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After two years of silence, Future Motor is back on the new energy car track. Recently, the future car brand-new model Future K20 officially opened the pre-sale, the pre-sale price range is 8.68-149800 yuan. It is understood that the Future K20 will provide optional hardtop and convertible versions, and will also support customized services for the whole car.

The Future K20 is the second production car owned by Future Automobile, which was first unveiled at the 2019 Shanghai Auto Show. In terms of appearance, from the perspective of the concept car released in 2019, the Future K20 uses a hatchback design, with a closed front face and penetrating LED light belt, with dental plate decoration on both sides. On the side of the body, the new car is designed with a hatchback, with hidden door handles and frameless doors. The rear part of the car adopts a wide body design and is equipped with a large size spoiler. In terms of size, the length, width and height of the future K20 are 3740/1640/1270mm, wheelbase 2326mm, positioning two-door small pure electric coupe.

In terms of interior decoration, the Future K20 is equipped with a triple screen composed of a full LCD instrument, a central control screen and a left entertainment screen, which is very rare in electric vehicles at the same price. In addition, the number of physical buttons in the car is greatly reduced, the central channel is also very simple, and a separate storage tank is designed in front of the co-driver.

In terms of power, the Future K20 is based on QIANTU Space Framework version 2.0 technology. According to the power information released this time, the Future K20 will be equipped with dual motors, maximum power 217Ps, maximum torque 290N ·m, acceleration time of 0.100km / h in 4.7s, and maximum mileage of 500km.

From the perspective of product power, the Future K20 has almost no competition of the same level in the new energy vehicle market, including frameless doors, hidden door knobs, triple screen design, maximum mileage of 500km and so on. As a pure electric car with 80,000 yuan, the future K20 will become the volume model of the future car. However, compared with new power brands such as Zero run and Nezha, the biggest disadvantage of Future Automobile lies in the brand. After all, as a brand that was once on the verge of bankruptcy, its layout in the new energy vehicle market is still very limited. Including sales, services, etc., it is difficult to provide consumers with quality experience.

In February 2015, Great Wall Huaguan established a wholly-owned subsidiary Future Motor, and Great Wall Huaguan was listed on the new third board in the same year. However, the performance of Great Wall Huaguan after landing on the new third board was not satisfactory, losing 98 million yuan in 2016 and 226 million yuan in 2017, and a net loss of 606 million yuan in 2018, down 168.15% from the same period last year. In the end, Great Wall Huaguan applied to terminate its listing on February 20, 2019 and announced its withdrawal from the new third board on April 19, 2019, while the continuing losses of the parent company exacerbated the plight of Future Automobile.

As one of the few domestic car-building new forces holding the "dual qualification" of new energy passenger cars, Future Automobile is not too late to start, but the development is difficult to say smooth. In August 2018, Future Automobile listed its first electric supercar Future K50, a new car positioned as a pure electric sports car, with a unified national price of 686800 yuan after subsidy, which was the highest price among the new car-building forces in China at that time. However, the future K50 has no obvious bright spot except for the appearance of a supercar. The comprehensive mileage of the NEDC is only 380km and the acceleration time of a hundred miles is 4.6s, which is not bright for an electric supercar priced at 700000 yuan. Relevant data show that the cumulative sales of the Future K50 in the past one and a half years on the market is only 131 vehicles, coupled with the parent company in a deep operating crisis, the Future K50 has to stop production for assistance.

In February 2019, Future Automobile began to get into trouble, and the parent company Great Wall Huaguan also owed wages and supplier payments. At the end of 2019, Future Motor and its parent company Great Wall Huaguan thunderstorm, netizens exposed that Future Motor / Great Wall Huaguan owed employees' wages and even used employee information for loans, but the actual loans did not pay employees' wages. In November 2020, Future Motors was revealed to have broken its capital chain, withdrew its first store in Sanlitun and emptied its delivery center in Jingang Automobile Park. Since then, Future Automobile / Great Wall Huaguan began to fade out of the market, and it was once thought that it was difficult to return to the market.

Since December 2021, the official account of Future Automobile, which has been silent for more than a year, began to resume its push, with the first video of the future K50 road race, and lit up the LOGO logo of the Suzhou factory at the end. In February 2022, Future Automobile and Saudi Arabian company Diyar Alwatan Trading & Cont. Co. Reached a strategic cooperation framework agreement with Xingen Capital, the three parties will jointly promote the future automobile market development, vehicle research and development and sales landing in Saudi Arabia. According to the agreement, the future will deliver the first batch of future K50 exhibition cars to the Saudi side in the next few months. In May, Beijing Great Wall Huaguan Automotive Technology Co., Ltd. (hereinafter referred to as "Great Wall Huaguan") and SPAC (special purpose acquisition company) Mountain Crest Acquisition Corp. With the signing of a formal merger agreement and the completion of the reorganization and listing by the end of 2022, Future Motor will go to overseas IPO as an important part of Great Wall Huaguan, with a pre-investment valuation of US $1.25 billion.

The future car is obsessed with the sports car market, which is undoubtedly contrary to the main theme of the current market. Although the future K20 does have a certain core competitiveness, but if it wants to get a piece of the new energy market, it still needs to come up with more eye-catching technology. Previously, "set up a Flag for myself, I will try my best to publish, present and turn around," Future Motors wrote in its official account tweet.

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