Electric automaker startup Qiantu, has revealed that it wants to bring its Chinese-built K50 sports car to the U.S. market.

While speaking with the South China Morning Post, the company’s chairman Lu Qun, said that Qiantu has already produced dozens of K50s for testing and has plans to significantly expand production, ultimately allowing it to reach North American shores.

According to Qun, “We attach great importance to the US because of its size, and it is also an open market where we see opportunities for our car.

“We want to make Qiantu a premium and global brand which can meet international standards. If we cannot do this, we are not even competitive in the local market,” the chairman said.

While the company has yet to finalize a local Chinese price for the car, Qun said that it will be a lot more affordable than a Tesla.

Power from the K50 comes courtesy of two electric motors, one driving each axle. This results in a total of 408 hp and 479 lb-ft (650 Nm) of torque, enabling the sports car to reach 62 mph (100 km/h) in just 4.6 seconds. Although the model’s top speed is limited to 124 mph (200 km/h), a 186 mile (300 km) range is said to be achievable.

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