AM General is targeting a collaboration with startup EV companies, now that its most recent product is about to be out of production.
The US company has already sold its commercial assembly plant to the Chinese-owned SF Motors but it still leaves the door open for them to return to contract vehicle production, according to Kevin Rahrig, AM General executive vice president for commercial programs.
Rahrig said to AutoNews that AM General could become an excellent partner for startups trying to design, engineer, build, launch and sell electric or specialty vehicles.
Companies like Lucid Motors, Faraday Future, Local Motors and Bollinger Motors could free up capital and focus on developing products by hiring a company like AM General to handle the manufacturing process.
“Based on our experience, they lack expertise and resources,” Rahrig said of the startups. “They need to rely on outside resources to fill in the gaps.”
AM General’s last product is the Mercedes R-Class which is set to end production this October. The company was contracted to build them for just its final year and for exports to China, where the model was still in demand.