Here's what you need to know from Tesla's earning call all laid out and summarized.
Daily Archive: April 21, 2023
BMW i7 M70, Polestar 4, VW ID.7, Updated EV Tax Credit : EV News Apr 21
The end of the week has arrived and it's time to head into the weekend with compelling EV news to share with family and friends.
Volvo EX90 Excellence is an all-electric limo, for China first
Volvo unveiled a more plush version of the 2024 EX90 electric SUV at the 2023 Shanghai Auto Show. Sporting two-tone paint and 22-inch wheels, the EX90 Excellence is aimed at wealthy Chinese buyers with personal chauffeurs. It has four seats instead of the standard EX90's seven, with a pair of individual seats in the second row with heating and... Why Did Tesla Stock Price Crash After Conference Call?
Tesla’s stock price dropped 9.75% yesterday, just following the release of Tesla’s Q1 report and conference call for shareholders. It’s down 11.4% across 5 days. There’s a lot of discussion about why Tesla’s stock is down so much, with at least half a dozen reasons being commonly put out there. Naturally, some explanations are more […]
Audi A8 Replacement Coming Next Year As Brand’s Most Powerful Car Ever: Report
It's expected to outpunch the RS6 Performance and RS E-Tron GT.
Voyah’s first electric sedan launched with starting price of $46,980
Voyah Zhuiguang's starting price of RMB 322,900 is higher than the Rising F7's RMB 209,900 and lower than the NIO ET7's RMB 458,000.
(Image credit: CnEVPost)
Voyah, Dongfeng Motor's new energy vehicle (NEV) brand, made its first sedan model available to tap into the increasingly crowded mid-to-large-size electric sedan market.
Voyah officially launched the Zhuiguang (literally, chasing the light) on the first day of the Shanghai auto show on April 18, offering three versions with starting prices of RMB 322,900 ($46,980), RMB 352,900 and RMB 432,900, respectively.
That is higher than the starting price of RMB 209,900 for Rising Auto's F7 sedan, which went on sale late last month, and lower than RMB 458,000 for the NIO ET7.
The Voyah Zhuiguang is 5,088 mm long, 1,970 mm wide, with a height of 1,515 mm and 1,505 mm in two specifications, and a wheelbase of 3,000 mm.
The Rising F7 measures 5,000 mm in length, 19,53 mm in width and 1,494 mm in height, with a wheelbase of 3,000 mm. The NIO ET7 measures 5,101 mm in length, 1,987 mm in width and 1,509 mm in height, with a wheelbase of 3,060 mm.
The Voyah Zhuiguang is equipped with a dual-motor four-wheel drive system with a maximum power of 160 kW for the front motor and 215 kW for the rear motor.
Its powertrain has a total power of 375 kW and a maximum torque of 730 Nm, enabling the vehicle to accelerate from 0 to 100 km/h in 3.8 seconds.
The two less expensive versions of the car are equipped with a semi-solid-state battery with a capacity of 82 kWh, while the long-range version is equipped with a ternary lithium battery with a capacity of 109 kWh.
It is worth noting that the semi-solid-state battery does not give the model a significantly longer range: the 82 kWh version has a CLTC range of 580 km, while the 109 kWh version has a range of 730 km.
On fast charge, the Voyah Zhuiguang can achieve a range of 230 km in 10 minutes.
Voyah is the brand launched by Dongfeng Motor in late 2020, with the first model, the Voyah FREE, going on sale in China in June 2021, available in extended-range technology and in all-electric versions.
On May 7, 2022, Voyah's second model, the Dreamer MPV, was launched and deliveries began on July 16.
Voyah delivered 3,027 vehicles in March, up 116.21 percent year-on-year and up 173.44 percent from February, according to figures it announced earlier this month.
The brand delivered 5,682 vehicles in the first quarter, up 53.86 percent year-on-year.
($1 = RMB 6.8731)
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Changan’s NEV brand Shenlan aims for 200,000 sales this year
Shenlan's goals for 2023 include selling 200,000 vehicles and making both the SL03 and S7 hot sellers, the brand's CEO said.
(Image credit: CnEVPost)
Shenlan, Changan Automobile's new energy vehicle (NEV) brand, aims to sell 200,000 vehicles this year, becoming the latest to reveal aggressive plans.
Shenlan's goals for 2023 include selling 200,000 vehicles and making both the SL03 and S7 hot-sellers, the brand's CEO Deng Chenghao said in an interview with Auto Home, according to the text of the interview released yesterday.
The Shenlan brand, which was officially launched by Changan on April 13 last year, unveiled the Shenlan SL03 electric sedan on July 25, another strong competitor to the Tesla Model 3.
The brand unveiled its first SUV, the Shenlan S7, a similar model to the Tesla Model Y crossover, on March 5, with pricing information yet to be announced.
(Image credit: CnEVPost)
Shenlan began deliveries of the SL03 in late August 2022 and has accumulated nearly 50,000 deliveries through the end of March this year, including 8,568 units in March.
Deng did not disclose how Shenlan will meet its goal of selling 200,000 vehicles this year, and the brand offered up to 42,000 yuan ($6,090) in purchase discounts during last month's price war in the Chinese auto industry. The offer was valid from March 10 to March 31 and was limited to 10,000 units.
The price war was a short-term behavior, automakers ultimately need to compete with product competitiveness, technology, brand, channels, and service capabilities, Deng said in the interview.
"I think the whole industry will be sustainable only if there is a value war," he said.
Deng believes that the current trend of electrification in China's auto industry is very clear, and that the penetration rate of electric vehicles (EVs) will exceed 50 percent in the next three years, with EVs becoming absolutely mainstream.
As the primary adopters of EVs shift from tastemakers to the average consumer, the product definition, research and development of vehicles will need to be able to address consumer anxiety and meet demand, he said.
Consumer anxiety is not about the amount of infrastructure or the range of EVs, but about the time it takes to replenish energy, according to Deng.
There is still a long way to go in terms of technology to get charging times from 0.5-1 hour to 5-10 minutes, he said, adding that this anxiety will be there for another 5-10 years.
($1= RMB 6.8930)
NIO keeps goal of doubling sales this year despite price war causing greater challenges
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The Evergreen Nissan Leaf
Harry and Sue have had their Nissan Leaf for over 12 months now and are more than happy with it. In fact, they told me that if they had to replace it, they would definitely buy another Leaf. The Nissan Leaf stands out as one of the early electric pioneers, alongside the BMW i3 and […]
This Earth Day, Invest In A Heat Pump Water Heater & Do The Equivalent Of Planting A Tree (Or Forest)
The energy efficiency, cost savings, and versatility of heat pump water heaters (HPWHs) make them a clear choice for the environment and households across the U.S. With 120 million water heaters in the U.S. alone, we could save over 100 million tons in carbon emissions every year if all the water heaters in U.S. buildings […]
Date set for next Beijing auto show as Shanghai auto show just started
The 17th Beijing auto show will be held from April 25 to May 4, 2024, after the biennial event was canceled last time due to Covid concerns.
(Screenshot of Auto China website.)
While the Shanghai auto show has just started, the next Beijing auto show is on its way.
The 17th Beijing International Automotive Exhibition (Auto China 2024) will be held from April 25 to May 4, 2024, marking the event's return after a four-year hiatus, according to an announcement made today by the event's organizers.
The auto show will be held at the China International Exhibition Center Shunyi New Venue in Beijing. Meanwhile, the parts show at the China International Exhibition Center Chaoyang Hall will be held from April 25-27.
The Beijing auto show, or Auto China, has been held in Beijing every two years since 1990.
The 17th Beijing auto show was originally scheduled for April 21 - April 30, 2022, but was canceled due to Covid concerns.
Prior to that, the 16th Beijing auto show was postponed to September 26 - October 5, 2020, due to Covid.
The theme of the 2024 Beijing auto show is "New Era, New Auto," the event's organizers said, adding, "We invite the global automotive and related industries to participate in the 2024 Beijing auto show."
Notably, the biennial Shanghai auto show began only three days ago, on April 18, and will run through April 27.
The show attracted more than 1,000 exhibitors with a total exhibition area of more than 360,000 square meters, opening 13 indoor halls at the National Exhibition and Convention Center in Shanghai, with passenger cars occupying nine of them.
NIO (NYSE: NIO) officially launched the 2023 ET7 and unveiled the new ES6 at the show, XPeng's (NYSE: XPEV) new SUV G6 was unveiled, and BYD (OTCMKTS: BYDDY) also unveiled several new models.
(A picture taken by CnEVPost at the Shanghai auto show, which started on April 18, shows the NIO booth.)
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