Chinese engineers built the car based on the Auto Event concept shown at last year's auto show. The company's statement claims that the K50 Event! will be launched into mass production in the near future.

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The car has an aggressive modern design. The interior is finished to a premium level, featuring leather upholstery and a new infotainment system with a touchscreen display.

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The powertrain consists of an electric motor producing 400 hp and 650 Nm of torque. The supercar reaches 100 km/h in just 4 seconds. On a single battery charge, the car can travel up to 200 km. In addition to the standard road version, enthusiasts can choose a sporty track package. The announced price of the new model is $113,000.