The S18 Electric edition has a noted range of 150 km and holds a top speed of 120 km/h. It has an in-house design, and features batteries of lithium ion phosphate (LiFePO4). The charging time is for 4-6 hours and fast charging will supply 80% capacity in just 30 minutes. It also bears the 336 volt system that permits 40 Kw motor to take it up to the winding speed of an amazing 120 kph (75 mph).

Chery Auto’s deputy general manager Yuan Tao announced that the S18 EV made use of the world’s advanced technology and offers a very effective energy conservation mechanism.

The S18 electric model will be out in the market within a year and the price will be for less than 100,000 yuan ($14,600). The initial batch of the car model will be out for government agencies for trial purposes.

As a forerunner in China’ homegrown vehicle production, Chery Auto began their creation and development of electric vehicles since 2001. Other Chinese car manufacturers are now on a race to produce innovated cars, with the hopes of producing 60,000 new energy cars by 2012.