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Silk-FAW Automotive
Silk-FAW Automotive, founded in 2021, is a joint venture between Chinese auto manufacturer FAW Group, FAW group and Italy based Silk EV. Based in Reggio Emilia, Silk-FAW automotive plans to invest up to US$1.2 billion to design, develop and build high performance electric cars with production planned in Italy as well as China. In 2021 Silk-FAW started production on its first car, the Hongqi S9. Designed by Walter de Silva, the S9 features a hybrid powertrain with a 4-liter twin-turbocharged V8, which produces over 1,300 Horsepower and a top speed of close to 250 Miles per hour, MPH. Silk-FAW plans to manufacture a line of 'S' cars, the S3, 35, and S7 respectively. References External links

{{Automotive industry in China Italian companies established in 2021 Automotive companies established in 2021 Companies based in Reggio Emilia Car manufacturers of Italy Italian brands Luxury motor vehicle manufacturers Sports car manufacturers Vehicle manufacturing companies ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Walter De Silva
Walter Maria de Silva (born 27 February 1951 in Lecco, Italy) is an Italian car designer and former head of Volkswagen Group Design, until 2015. Since beginning his car design career in 1972 as trainee car designer for Fiat's Style Centre. De Silva has also worked as a designer at I.DE.A Institute, and as head of design for Alfa Romeo, SEAT and the 'Audi brand group'. He is presently President of the Design Studio Walter De Silva & Partners. Career Fiat 1972-1977 Walter de Silva began his career in 1972 at age 21, working for Centro Stile Fiat. I.DE.A. Institute 1977-1986 After his experience at Fiat, Walter de Silva worked at the I.DE.A Institute in Turin, Italy for nine years under the direction of Franco Mantegazza and Renzo Piano. Alfa Romeo 1986-1999 In 1986 Walter de Silva was recruited away from the I.DE.A. Institute to become head of Alfa Romeo's Centro Stile. Walter de Silva remained in this role until 1999. At Alfa Romeo, de Silva led the renewal of the brand's des ...
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Sports Car Manufacturers
Sport pertains to any form of Competition, competitive physical activity or game that aims to use, maintain, or improve physical ability and Skill, skills while providing enjoyment to participants and, in some cases, entertainment to spectators. Sports can, through casual or organized participation, improve participants' physical health. Hundreds of sports exist, from those between single contestants, through to those with hundreds of simultaneous participants, either in teams or competing as individuals. In certain sports such as racing, many contestants may compete, simultaneously or consecutively, with one winner; in others, the contest (a ''match'') is between two sides, each attempting to exceed the other. Some sports allow a "tie" or "draw", in which there is no single winner; others provide tie-breaking methods to ensure one winner and one loser. A number of contests may be arranged in a tournament producing a champion. Many sports leagues make an annual champion by ar ...
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Luxury Motor Vehicle Manufacturers
Luxury may refer to: *Luxury goods, an economic good or service for which demand increases more than proportionally as income rises *Luxury tax, tax on products not considered essential, such as expensive cars **Luxury tax (sports), surcharge put on the aggregate payroll of a sports team to the extent to which it exceeds a predetermined guideline level set by the league *Luxury car, expensive automobiles *Luxury train, expensive tourist trains *Luxury yacht, expensive privately owned, professionally crewed yacht *Luxury apartment, a type of property that is intended to provide its occupant with higher-than-average levels of comfort, quality and convenience *Luxury hotel, high-quality amenities, full-service accommodations and the highest level of personalized services *Luxury resort, exclusive vacation facilities *Luxury box, term for a special seating section in arenas, stadiums and other sports venues *Luxury magazine, magazines devoted to fine craft and luxury goods Music *L ...
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Italian Brands
Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, an ethnic group or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance language *** Regional Italian, regional variants of the Italian language ** Languages of Italy, languages and dialects spoken in Italy ** Italian culture, cultural features of Italy ** Italian cuisine, traditional foods ** Folklore of Italy, the folklore and urban legends of Italy ** Mythology of Italy, traditional religion and beliefs Other uses * Italian dressing, a vinaigrette-type salad dressing or marinade * Italian or Italian-A, alternative names for the Ping-Pong virus, an extinct computer virus See also * * * Italia (other) * Italic (other) * Italo (other) * The Italian (other) * Italian people (other) Italian people may refer to: * in terms of ethnicity: all ethnic Italians, in and outside of Italy * in ...
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Car Manufacturers Of Italy
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, additional features and controls have been added to vehicles, making them progressively more complex. Th ...
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Companies Based In Reggio Emilia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary association A voluntary group or union (also sometimes called a voluntary organization, common-interest association, association, or society) is a group of individuals who enter into an agreement, usually as volunteering, volunteers, to form a body (or organ ...s, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (busi ...
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Italian Companies Established In 2021
Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, an ethnic group or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance language *** Regional Italian, regional variants of the Italian language ** Languages of Italy, languages and dialects spoken in Italy ** Italian culture, cultural features of Italy ** Italian cuisine, traditional foods ** Folklore of Italy, the folklore and urban legends of Italy ** Mythology of Italy, traditional religion and beliefs Other uses * Italian dressing, a vinaigrette-type salad dressing or marinade * Italian or Italian-A, alternative names for the Ping-Pong virus, an extinct computer virus See also * * * Italia (other) * Italic (other) * Italo (other) * The Italian (other) * Italian people (other) Italian people may refer to: * in terms of ethnicity: all ethnic Italians, in and outside of Italy * in t ...
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Hongqi S9 IMG001
Hongqi (, Chinese for "Red Flag") may refer to: * ''Hongqi'' (magazine), published by the Chinese Communist Party from 1958 to 1988 *Hongqi (automobile), luxury car series of First Automobile Works (FAW), Changchun, Jilin, China * Hongqi Press, a book publisher of China Places in China *Hongqi District, Xinxiang, Henan * Hongqi, Tibet, name of many settlements in Tibet ;Community * Hongqi, Zhucheng, Zhucheng Subdistrict, Xinzhou District, Wuhan, Hubei ;Subdistricts *Hongqi Subdistrict, Maoming, in Maonan District, Maoming, Guangdong *Hongqi Subdistrict, Hegang, in Gongnong District, Hegang, Heilongjiang *Hongqi Subdistrict, Jiagedaqi District, in Jiagedaqi District, Da Hinggan Ling Prefecture, Heilongjiang *Hongqi Subdistrict, Shuangyashan, in Baoshan District, Shuangyashan, Heilongjiang *Hongqi Subdistrict, Xiangfang, in Xiangfang District, Heilongjiang *Hongqi Subdistrict, Hebi, in Shancheng District, Hebi, Henan *Hongqi Subdistrict, Wuhan, in Hongshan District, Wuhan, Hubei * ...
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Miles Per Hour
Miles per hour (mph, m.p.h., MPH, or mi/h) is a British imperial and United States customary unit of speed expressing the number of miles travelled in one hour. It is used in the United Kingdom, the United States, and a number of smaller countries, most of which are UK or US territories, or have close historical ties with the UK or US. Usage Road traffic Speed limits and road traffic speeds are given in miles per hour in the following jurisdictions: *Antigua and Barbuda *Bahamas *Belize *Dominica *Grenada *Liberia (occasionally) *Marshall Islands *Micronesia *Palau *Saint Kitts and Nevis *Saint Lucia *Saint Vincent and the Grenadines *Samoa (along with kilometres per hour) *United Kingdom *The following British Overseas Territories: **Anguilla **British Virgin Islands **British Indian Ocean Territory **Cayman Islands **Falkland Islands **Montserrat **Saint Helena, Ascension and Tristan da Cunha **Turks and Caicos Islands *The Crown dependencies: **Bailiwick of Guernse ...
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Horsepower
Horsepower (hp) is a unit of measurement of power, or the rate at which work is done, usually in reference to the output of engines or motors. There are many different standards and types of horsepower. Two common definitions used today are the mechanical horsepower (or imperial horsepower), which is about 745.7 watts, and the metric horsepower, which is approximately 735.5 watts. The term was adopted in the late 18th century by Scottish engineer James Watt to compare the output of steam engines with the power of draft horses. It was later expanded to include the output power of other types of piston engines, as well as turbines, electric motors and other machinery. The definition of the unit varied among geographical regions. Most countries now use the SI unit watt for measurement of power. With the implementation of the EU Directive 80/181/EEC on 1 January 2010, the use of horsepower in the EU is permitted only as a supplementary unit. History The development of the stea ...
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