- Impeto (SUV) and Estasi (sedan) represent AEHRA's mission to craft works of pure Italian 'automotive art': beautiful, fiercely innovative and able to evoke strong emotions
- Start of factory construction scheduled for mid-2025; start of production of AEHRA SUV and Sedan by mid-2026
- AEHRA invited to attend summit on future of automotive industry chaired by Minister of Enterprise and Made in Italy, Rome, 7 August
The company has submitted a €1.2 billion development plan to the Ministry of Industry and Made in Italy, which controls Italy's Automotive Fund, for the construction of a state-of-the-art manufacturing facility.
The Italian government's potential endorsement of AEHRA's funding application underlines the national strategic importance the brand will play in delivering sustainability at scale. AHERA has in fact been invited to a summit on the future of the Italian and European automotive industry at the Ministry of Enterprise and Made in Italy on 7 August in Rome.
Hazim Nada, AEHRA Founder & CEO, commented: "It will be immensely gratifying to have our application for funding endorsed by the Italian government and to be selected as a project of national strategic importance. This will further validate AEHRA's mission to redefine ultra-high premium sustainable mobility by exploiting the latest engineering, battery, and manufacturing technologies."
AEHRA will build a manufacturing campus at Mosciano Sant'Angelo in Abruzzo, creating 540 new jobs and an additional 110 in Milan, and will commence production of its first two models by mid-2026, scaling to 25,000 per model per annum.
- Picture is available at AP. -
For further information:
James Parsons - PR
+44 7725 257792