Letter of intent signed for Hongqi sports car

The three sides signed the letter of intent in the critical period of the global fight against the COVID-19 epidemic, demonstrating confidence and sincerity in deepening cooperation, he said.

A representative of Silk EV said Jilin's automobile industry has a solid foundation and rich talent reserve, and the American company is full of confidence in the development of the Hongqi S-Series sports car.

FAW (First Automobile Workshop) Group is an automobile giant in China and its headquarters are in Changchun, the cradle of China's automobile industry.

Hongqi, made by the FAW Group, is one of China's iconic sedan brands. Its vehicles have been used for parades at national celebrations. The first Hongqi car, which was also China's first domestically made car, was produced in 1958.

Huang Zhiling in Chengdu contributed to the story.