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According to Gasgoo an investment fund owned by the Henan provincial government has taken an 60% share in Reech Auto and injected some, apparantly much needed, capital.
That capital is "much needed" is no surprise:
Reech (Lvchi) apparently has a presence in each of the following places:
Shanghai R&D Center, Beijing Future Institute, Shenzhen, Wuxi Synergy R&D Center, Zhujiajiao Test Center in Shanghai, Turin Automobile Engineering Center in Italy, tech centers in Coventry, UK, and Silicon Valley, USA; a presence in Chang'an's plant at Tianming in Chonqing, as well as offices in Jiujiang,in Jiangxi, and Shenzhen.
How will it ever get off the ground, with the very attractive-looking products we see here?
 

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There was a report of LvChi beginning construction of a plant in Changchun in 2019..,with a planned capacity of 50K units, but subsequently no evidence of any volume production of models like, the Urano or M500. Perhaps the company can be counted among the other industry victims of COVID19.
 
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