Visual Fan, a Romanian company listed on the Bucharest Stock Exchange (BVB) and the owner of the Allview brand, has opened a new line of business, whose main activity is the distribution of electric cars, on which occasion it launched Skywell ET5, a full SUV electric, with a range of 400 km in mixed mode (WLTP) and 456 km in City Drive mode.

Starting the new business line will be made by opening a company whose main activity will be the distribution of electric cars – Visual EV SRL, whose capital is 95% owned by Visual Fan SA. The difference of 5% of the company’s capital is held by a natural person within the company. “By approaching this new project, Visual Fan expects a 10% increase in group turnover by the end of 2022. The long-term strategy aims to develop the portfolio and add new models to meet the needs of the mass market,” notes the quoted source, according to Agerpres.

For starters, Visual EV will distribute the Skywell ET5 SUV, with a mixed use range of 400 km (WLTP).

The Skywell ET5 model is currently being marketed through Visual Fan’s first dealer, Brady Auto Center in Bucharest.

The selling price of the car starts at 39,980 euros (including VAT), and is also available through the Rabla subsidy Program.