Sisten and Hokuto Have Teamed Up on a Global Electric Car Platform
August 16, 2019 - by Javis Babys
Hokuto and Sisten both announced yesterday a new electric car platform, called the SHEP. The platform has been developed by the two companies with more than $5 billion invested into the project from both sides. SHEP will be the basis of all upcoming electric cars from Sisten and Hokuto, spoke a representative from Sisten, with plans to manufacture 400,000 vehicles using the SHEP platform over five years.
The first known model to use this platform will be a crossover SUV from Corsica, most likely to be announced at the upcoming Frankfurt Auto Show in Germany. Announcing the new model in Europe will be an important step for the brand as sales have been slow after their return to the European market. The highest priority market for the new SUV however will most likely be China, where sales of Corsica and Taluvec models have been booming as of recently.
Seeing the slow progress on EV’s from Sisten, this partnership is a huge step for them.