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Aiways is a Chinese electric-vehicle mobility start-up founded in 2017, maker of the fully electric Aiways U5 SUV.

Last updated November 4, 2026

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Overview

Aiways is a Chinese mobility start-up founded in 2017 by the Chinese entrepreneurs Samuel Fu and Gary Gu, with the mission of solving the mobility challenges of tomorrow and driving forward progressive development in the automotive industry. Its global network includes a digitalised plant in Shangrao (China) with an annual capacity of 300,000 vehicles, an R&D centre and a design centre in Shanghai (China), a battery factory in Changshu (China) and the European Sales Centre in Munich. The company's headquarters are in Shanghai, with its European headquarters in Munich. Its fully electric Aiways U5 SUV is presented as fully equipped and suitable for everyday use.

History

Aiways was founded as a start-up in 2017 by the Chinese entrepreneurs Samuel Fu and Gary Gu, with a mission to solve the mobility challenges of tomorrow and drive forward progressive development in the automotive industry. Development of the U5 started with a blank sheet of paper and the desire to make electric driving as enjoyable, exciting and affordable as possible. A few short years later, the global Aiways network comprised a highly innovative, digitalised plant in Shangrao (China) with an annual capacity of 300,000 vehicles, an R&D centre and a design centre in Shanghai (China), a battery factory in Changshu (China) and the European Sales Centre in Munich. At the company's headquarters in Shanghai, a team of experienced engineers, technical specialists, designers and industrial experts work with top-class partners along the entire supply chain. The company describes itself as a Chinese mobility start-up founded in 2017, with headquarters in Shanghai and its European headquarters in Munich.

  • 2021

    Aiways introduces the U6 coupe-styled electric SUV.

  • 2020

    Aiways begins exporting the U5 to European markets.

  • 2019

    First production model, the U5 electric SUV, launches in China.

  • 2018

    Construction begins on manufacturing base in Shangrao, Jiangxi.

  • 2017

    Aiways founded in Shanghai by Fu Qiang and co-founders.

Products and positioning

Fully electric, fully equipped and for everyday use

  • Aiways U5

    Fully electric SUV presented as fully equipped and suitable for everyday use, combining range with space, a minimalistic design language and innovative technologies.

Controversies

  • 2023

    Cash-flow collapse leads to production halt and unpaid wages; bankruptcy petition filed

    Since March 2023, Aiways Automobile has faced a cash-flow break, with unpaid wages for half a year, suspended social insurance and housing fund contributions, and production halted at its Shangrao plant; promises to pay arrears were not fulfilled. In November 2023, Anji Automotive Logistics applied to place its Shanghai company into bankruptcy liquidation on the grounds of inability to repay due debts. The company was listed as a dishonest judgment debtor for refusing to perform a settlement agreement; it later said it would shift to Europe.

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Recent events

  • Unconfirmed

    Aiways announces updated U5 model for upcoming launch[5]

    Aiways was reported to have an updated 2021 U5 model set to launch in the near future, with upgrades focused mainly on intelligent driver-assistance systems.

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