But first, a sedan will be unveiled late this year.
Daily Archive: May 22, 2023
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Tesla Crash At Ferry Terminal Was Due To Driver Error, Not Unintended Acceleration
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Wuling cuts prices on its mini EVs by up to $1,850
Wuling said the move is in response to China's call to boost consumption of NEVs in rural areas.
(Image credit: SAIC-GM-Wuling)
SAIC-GM-Wuling is cutting the prices of several of its mini electric vehicles (EVs), after taking a page out of NIO's (NYSE: NIO) book 10 days ago to make these budget EVs more affordable.
The company today announced a price cut of up to 13,000 yuan ($1,850) for models in its Hongguang Mini EV family, saying the move is in response to China's call to boost consumption of NEVs in rural areas.
Last week, China released a policy to support NEV consumption in rural areas, which mentioned that automakers are encouraged to develop more economical models that target the characteristics of consumers in rural areas.
A table released by SAIC-GM-Wuling shows that an Air EV, originally priced at RMB 82,800, saw a price drop of RMB 13,000, or 15.70 percent, to RMB 69,800, the largest price cut for its Mini EV family.
The other three Air EVs have all seen their prices cut by RMB 10,000, with the latest prices at RMB 66,800, 65,800 and 57,800 respectively.
SAIC-GM-Wuling's better-known Mini EV series has four models all reduced in price by RMB 6,000, with the latest prices at RMB 63,800, RMB 61,800, RMB 51,800, and RMB 49,800 respectively.
SAIC-GM-Wuling is a joint venture between SAIC Group, General Motors and Liuzhou Wuling Automobile, headquartered in Liuzhou, Guangxi Zhuang Autonomous Region in southwestern China.
It sells vehicles based on the GSEV (Global Small Electric Vehicle) architecture in China, including the Mini EV, KiWi EV, Nano EV and Air EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and vans.
The Air EV will be officially launched in China on December 12, 2022, with a price range of RMB 67,800-82,800.
The model is SAIC-GM-Wuling's first global model, which was first launched in Indonesia in August last year.
Prior to the price cut, SAIC-GM-Wuling took a page from NIO's book and allowed consumers to purchase the Hongguang Mini EV with a body only and lease the battery, although the model does not support simple battery replacement like NIO models.
The automaker offers this purchase option for five versions of the Hongguang Mini EV, with the lowest-priced version costing consumers an initial payment of just RMB 19,800 and a monthly battery lease of RMB 198 for the next five years.
Under the regular purchase option, this version of the Hongguang Mini EV is priced at RMB 32,800.
($1 = RMB 7.0218)
SAIC-GM-Wuling takes page from NIO's book to make its Mini EV even more affordable
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Wuling slashed Air EV prices down by up to 1,850 USD. Starting at 8,230 USD
Wuling slashed Mini EV series prices in China. It looks like a desperate move from Wuling to keep market positions.
The post Wuling slashed Air EV prices down by up to 1,850 USD. Starting at 8,230 USD appeared first on CarNewsChina.com.
Tesla Rolls Out “Drive To Believe” Video As It Tries Its Hand At Advertising
It’s been less than a week since Elon Musk said that Tesla “will try a little advertising.”
Lithium producer Ganfeng says it has started mass production of 1st gen solid-state battery
Ganfeng said its first-generation solid-state battery can reach an energy density of 260 Wh/kg, with a production line capable of producing 4 GWh per year.
(Image credit: Ganfeng Lithium)
China's Ganfeng Lithium -- the world's largest lithium producer by market capitalization -- said it has begun mass production of its first-generation solid-state battery, after announcing the new technology in late 2021.
Ganfeng revealed the progress in a May 19 investor conference meeting minutes, saying its first-generation solid-state batteries can reach an energy density of 260 Wh/kg and that the production line is designed to have an annual capacity of 4 GWh.
Production of the solid-state battery is currently undergoing capacity creep, with application scenarios including power batteries and energy storage, according to the minutes.
Ganfeng's second-generation hybrid solid-state lithium battery uses lithium metal as the anode and can reach an energy density of 400 Wh/kg, the company said.
The safety performance of the second-generation solid-state battery meets automotive requirements, and the cycling performance of the sample battery has met the requirements of car companies, Ganfeng said.
Ganfeng unveiled its first-generation solid-state battery, a hybrid solid-state and liquid lithium-ion battery, on December 10, 2021.
The battery has an oxide electrolyte and uses graphite for the anode. It has a diaphragm, but unlike conventional diaphragms, it uses a solid electrolyte diaphragm.
Ganfeng did not announce the energy density of the first-generation solid-state battery at the time, but said the second-generation solid-state battery had an energy density of more than 360 Wh/kg.
The company's latest announcement means that it has made new progress in the development of the second-generation solid-state battery over the past year and a half, allowing for a further increase in energy density.
Current mainstream lithium-ion battery cells have an energy density of just over 200 Wh/kg, and NIO's (NYSE: NIO) 150 kWh semi-solid-state battery, expected to be available within months, is 360 Wh/kg.
On April 19, CATL unveiled its new battery technology, Condensed Battery, which claims an energy density of up to 500 Wh/kg for a single cell.
The Condensed Battery will be available for use in electric vehicles and will have mass production capability within this year, said Wu Kai, CATL's chief scientist at the time.
CATL unveils Condensed Battery for electric aircrafts and EVs
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A Deep Dive Into Tesla Depreciation
In this article, I look at depreciation data for the Tesla Model 3, Toyota Camry Hybrid, and BMW 3 Series. After this deep dive, I need to update the TCO (total cost of ownership) estimates I made about a year ago. Reasons Why Tesla Pricing Has Been So Volatile Over The Last Few Years The […]
NIO applies for GPT-related trademarks in China
With ChatGPT becoming a hot topic around the world, many Chinese tech giants have announced their progress in the field. | NIO US | NIO HK | NIO SG
(Image credit: CnEVPost)
NIO (NYSE: NIO) is filing for several GPT-related trademarks in China, possibly in preparation for making its virtual voice assistant NOMI smarter.
The Chinese electric vehicle (EV) maker filed five GPT-related trademark applications on May 15, and their classifications involve communication services, scientific instruments, construction, and social services.
These trademarks include a NIO GPT, two NOMI GPTs, and two Knowme GPTs.
GPT (Generative Pre-trained Transformer), essentially solves for the probability of the next word occurring, sampling and generating a word from a probability distribution with each call.
With ChatGPT becoming a hot topic around the world, many Chinese tech giants have announced their progress in this field.
Jidu Auto, the car-making arm of Baidu, announced on February 14 that it will leverage Baidu's ChatGPT-like product ERNIE Bot to create a large-model AI interaction experience for smart car scenarios, thereby supporting natural communication for its robocars.
Great Wall Motor-backed Chinese startup Haomo.AI Technology officially launched DriveGPT on April 11, saying it is the first generative large model for autonomous driving that will reshape the technological path to automotive intelligence.
Earlier this month, NIO's local counterpart Li Auto (NASDAQ: LI) filed a trademark application for MindGPT in China.
In 2017, NIO released the first-generation ES8, and its in-car voice assistant NOMI was announced at the time.
NOMI is derived from the harmonic sound of Know Me in English. If you have seen the science fiction movie "Her", NOMI is the NIO version of "Her".
NOMI is the voice assistant in the car, but NIO seems to expect more from it than that, letting it occupy the most central position in the front of the cockpit.
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