Exclusive | BeyonCa edges closer to Hong Kong’s first electric vehicle factory with a luxury model
The Grand Tourer, designed for high-speed, long-distance journeys and priced above US$100,000, will be produced in Tai Po, sources say
The luxury car – known as the Grand Tourer and designed for high-speed, long-distance travel – will be assembled at the Tai Po advanced manufacturing site of Hong Kong Science and Technology Parks (HKSTP), according to people familiar with the matter. The car targets customers in Europe and the Middle East, they said.
It would be the city’s first locally built car.
BeyonCa, founded in 2021 by Soh Weiming, who previously served at Volkswagen’s China operation for 16 years, had yet to set a clear time frame for production because it would take several months to get ready for operations, the sources said.
The luxury car would be priced on par with BMW’s 7-series and S-class vehicles from Mercedes-Benz, starting from at least US$100,000, according to the sources.
BeyonCa and HKSTP both declined to comment.
Unlike its domestic counterparts that are focused on mainland China, the world’s largest automotive and EV market, Renault-backed BeyonCa envisions building a “Made in Hong Kong” brand and selling its luxury EVs around the globe.