Chine
Aiways
Aiways is a Chinese automaker specializing in electric vehicles, founded in 2017 in Shanghai by two entrepreneurs, Fu Qiang and Gu Feng, both from the automotive industry (notably Volvo and SAIC). The brand's name comes from the phrase "Ai is on the way," with "Ai" meaning "love" in Mandarin. From the outset, the company positioned itself as an all-electric brand with no legacy internal-combustion engines, which sets it apart from traditional automakers. In November 2018, Aiways unveiled the U5 Ion Concept prototype, then in March 2019 presented its first production vehicle, the U5, a mid-size electric SUV. The brand rapidly accelerated its international expansion: in 2020, it became the first wholly Chinese brand to officially market an electric vehicle in Europe, targeting the Geneva Motor Show. Aiways established a research and development center in Munich, Germany, to adapt its products to the European market, while keeping its global headquarters in Shanghai. In 2021, it added the U6, an SUV-coupe styled by former Ferrari designer Ken Okuyama. For its batteries, Aiways relies on the Chinese giant CATL. Starting in 2023, the company went through a serious financial crisis: salaries were suspended and production was halted. In early 2024, an intervention backed by Chinese players provided refinancing. In May 2024, Aiways announced its withdrawal from the Chinese market—hit by an extreme price war—and chose to focus its efforts on Europe and other export markets. The brand also floated a plan to go public on the Nasdaq through a merger with an American SPAC, along with a possible relocation of certain functions to Europe. To date, Aiways has no commercial presence or network in North America: it is neither sold nor distributed in Canada or the United States, and its history remains that of a young brand centered on China and Europe.
History
History of Aiways
Aiways is a Chinese automaker specializing in electric vehicles, founded in 2017 in Shanghai by two entrepreneurs, Fu Qiang and Gu Feng, both from the automotive industry (notably Volvo and SAIC). The brand's name comes from the phrase "Ai is on the way," with "Ai" meaning "love" in Mandarin. From the outset, the company positioned itself as an all-electric brand with no legacy internal-combustion engines, which sets it apart from traditional automakers. In November 2018, Aiways unveiled the U5 Ion Concept prototype, then in March 2019 presented its first production vehicle, the U5, a mid-size electric SUV. The brand rapidly accelerated its international expansion: in 2020, it became the first wholly Chinese brand to officially market an electric vehicle in Europe, targeting the Geneva Motor Show. Aiways established a research and development center in Munich, Germany, to adapt its products to the European market, while keeping its global headquarters in Shanghai. In 2021, it added the U6, an SUV-coupe styled by former Ferrari designer Ken Okuyama. For its batteries, Aiways relies on the Chinese giant CATL. Starting in 2023, the company went through a serious financial crisis: salaries were suspended and production was halted. In early 2024, an intervention backed by Chinese players provided refinancing. In May 2024, Aiways announced its withdrawal from the Chinese market—hit by an extreme price war—and chose to focus its efforts on Europe and other export markets. The brand also floated a plan to go public on the Nasdaq through a merger with an American SPAC, along with a possible relocation of certain functions to Europe. To date, Aiways has no commercial presence or network in North America: it is neither sold nor distributed in Canada or the United States, and its history remains that of a young brand centered on China and Europe.
Public founding or origin of Aiways.
U5: launch or first listed period.
U6: launch or first listed period.
U6 ion: launch or first listed period.
U-Travel: launch or first listed period.
U7: launch or first listed period.
Technologies
Technologies, innovations and platforms
Aiways designs exclusively battery-electric vehicles, with no internal-combustion or hybrid lineup. The U5 is built on a dedicated electric-vehicle architecture with a 63 kWh battery pack supplied by CATL, structured into modules using a so-called "sandwich" design, paired with a permanent-magnet synchronous motor of about 150 kW (204 hp) driving the front wheels. The U6 introduces a platform called "More Adaptable Structure" (MAS), designed to accommodate several battery and powertrain configurations, along with an in-house-developed AI-PT powertrain. Fast DC charging and three-phase AC charging are both supported. The brand emphasizes weight reduction, aerodynamics, and modern driver-assistance systems to optimize range.
Brand image
Identity, reputation, strengths and weaknesses
Positioning
Aiways is a young Chinese brand of fully electric SUVs—affordable and export-oriented, focused above all on Europe.
Reputation
Aiways remains a young and little-known brand whose reputation was built mainly in Europe through the U5 and the U6. European road tests praised the interior space, decent range, and price-to-equipment ratio, while noting fit-and-finish and driving dynamics that lag behind established benchmarks. Resale value is hard to assess and remains uncertain, owing to low volume, limited brand awareness, and the automaker's financial fragility. The withdrawal from the Chinese market and the difficulties of 2023–2024 have fueled doubts about the brand's long-term viability and ongoing support, which weighs on overall perception.
Strengths
Aiways offers fully electric vehicles designed from the ground up with no internal-combustion legacy, built on a dedicated architecture. The brand provides a spacious cabin, decent range, and accessible pricing. A pioneer of Chinese exports to Europe, it relies on well-regarded CATL batteries and refined styling, notably on the U6 designed by Ken Okuyama.
Points to watch
Aiways' main weakness is its financial fragility, marked by a crisis in 2023–2024 and a withdrawal from the Chinese market, which casts serious doubt on its long-term viability. The brand is absent from North America, with no network or parts, its brand awareness is low, resale value is uncertain, and both fit-and-finish and driving dynamics remain behind those of established automakers.
Models
Aiways models
Current or active models by market
Notable past models
Production and compatibility
Plants, tires and wheels
Production
Aiways' production is concentrated in China, at a modern plant located in Shangrao, in Jiangxi province, designed to Industry 4.0 standards. The site brings together stamping, body-in-white, paint, assembly, and a dedicated station for battery integration, with an initial capacity on the order of 150,000 vehicles per year and a planned expansion. A research and development center is located in Munich, Germany, for the European market. Aiways operates no plant in North America and carries out no production or assembly there: the brand is absent from the Canadian and American markets, and all of its vehicles come from China.
Tires and wheels
Aiways electric SUVs (U5, U6) are mid-size vehicles that typically come fitted with large-diameter alloy wheels, usually around 18 to 19 inches, with relatively wide-section tires suited to the weight of the batteries. The most common bolt pattern on this segment of Chinese SUV is usually a 5-bolt type. Because these vehicles are absent from the Quebec market, the exact dimensions must be confirmed on the vehicle's placard or documentation. For any electric SUV driven in Quebec, approved winter tires are mandatory and strongly recommended given the instant torque and high mass; consider a second set of wheels as needed to make the seasonal changeover easier.