China’s 1,876-hp rocket-boosted electric hypercar project is over
- Chinese appliance maker Dreame has reportedly shuttered its automotive division, abandoning plans to manufacture electric vehicles just one year after announcing its entry into the sector.
- Earlier this year, the company promised the Nebula Next 01 Jet Edition, which claimed a 0.9-second 0-100km/h time using a "custom-built dual solid-fuel rocket booster system."
- China Economic Net reports the automotive arm shrunk from nearly 1000 employees to a dozen, while Car News China reports the displayed vehicle was a non-functional showpiece purchased from a model-building company.
- Dreame CEO Yu Hao confirmed the company will focus on four core businesses: vacuum cleaners, robotic lawnmowers, electric two-wheelers, and its "Magic Atom" robotics business.
- The company's short-lived automotive venture serves as a reminder that marketing claims are easy to generate, while actual research and development for such wild performance claims requires significant resources.
36 Articles
36 Articles
Dreame Technology, a well-known manufacturer of smart vacuum cleaners and lawn mowers, is closing its automotive division, according to Chinese media. As a result, its impressive supercar concepts will not see fruition.
It was only a few months ago that Dreame from China promoted his car's future with spectacular concepts. But now the company seems to stop further development.
China’s 1,876-hp rocket-boosted electric hypercar project is over
Dreame’s brief attempt to enter the automotive industry appears to be over. The Chinese company, best known for robot vacuums and other smart home appliances, has reportedly canceled its electric hypercar program, including the extraordinary rocket-assisted version it unveiled just months ago. The reversal marks a dramatic change from the company’s earlier ambitions, which included a 1,876-horsepower Bugatti-inspired electric supercar and even …
Chinese company's crazy EV dreams come crashing down
Ambitious dreams from a vacuum cleaner company to sell 40,000 electric cars annually in Australia within five years have slammed the brakes. Chinese consumer electronics manufacturer Dreame – known for vacuum cleaners – has scrapped bold plans to build electric cars that, it hoped, would be bought in the tens of thousands within a few years on the market. Earlier this year, Dreame declared ambitious goals to deliver more than 40,000 cars annual…
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