Smart and Sustainable Electric Mobility
Leapmotor's higher-priced C-series models contributed more than 83 percent of April deliveries.
Leapmotor saw significant sequential sales growth last month, and most importantly, the higher-priced models are starting to dominate sales.
The electric vehicle (EV) maker delivered 8,726 vehicles in April, down 3.97 percent from 9,087 a year ago, but up 41.38 percent from 6,172 in March, according to data released today.
Leapmotor did not release model-specific breakdown sales figures, but said the higher-priced C-series models contributed more than 83 percent of deliveries.
The company's full lineup is in the process of accelerating deliveries, it said.
Founded in 2015, Leapmotor's models on sale include the minivan T03, the coupe sports model S01, the flagship SUV model C11, and the flagship sedan C01.
The company's previous sales were mainly contributed by the cheap EV T03, which led Leapmotor to be seen as a budget EV maker.
The T03 currently has a starting price range of RMB 59,900 ($8,670) to RMB 89,900, the C11 extended-range electric vehicle (EREV) is RMB 149,800 to RMB 185,800, the C11 battery electric vehicle (BEV) is RMB 155,800 to RMB 219,800, and the C01 is RMB 149,800 to RMB 228,800. The Leapmotor website does not currently show prices for the S01.
As of June 30, 2022, Leapmotor had delivered a cumulative total of 79,220 T03s, 2,729 S01s, and 22,880 C11s, according to its Hong Kong IPO prospectus published in September 2022.
The C11 BEV, which was launched on September 29, 2021, and the C01, which was launched on September 28, 2022, are Leapmotor's flagship models, targeting the RMB 150,000 to 300,000 range.
On March 1, Leapmotor officially launched the C11 EREV, with hopes that the model will target a larger market than BEVs and thus turn around its weak sales performance.
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Zeekr aims to be one of the leading brands in the European EV market by 2030, an executive said.
Zeekr's vehicle deliveries continued to grow in April, putting cumulative deliveries over the 100,000-unit mark.
The premium electric vehicle (EV) maker, owned by Geely, delivered 8,101 vehicles in April, up 279.08 percent from 2,137 in the same month last year and up 21.58 percent from 6,663 in March, according to data released today.
This is the third consecutive month-on-month increase in Zeekr's monthly deliveries and also the third consecutive year-on-year increase.
In January-April, Zeekr's deliveries were 23,335 units, up 124.85 percent from 10,378 units in the same period last year, according to data monitored by CnEVPost.
By the end of April, Zeekr's cumulative deliveries since its inception stood at 101,283 units. The company saw its 100,000th vehicle delivery milestone on April 25.
Zeekr is currently delivering the Zeekr 001 shooting brake as well as the Zeekr 09 MPV, for which the company does not release breakdown figures.
The average order value for the Zeekr 001 is RMB 336,000 ($48,610) and the Zeekr 009 is RMB 527,000, Zeekr said today.
The Zeekr 001 is currently offered in four versions with starting prices of RMB 300,000, RMB 300,000, RMB 349,000 and RMB 386,000. The Zeekr 009 is currently offered in two versions with starting prices of RMB 499,000 and RMB 588,000, respectively.
Zeekr was officially established as an independent company in March 2021, and its first model, the Zeekr 001, was launched on April 15, 2021, with deliveries beginning in October 2021.
On November 1, 2022, Zeekr's second model, the Zeekr 009 MPV, was launched, and its deliveries began on January 15.
On April 12, Zeekr launched its third model, the Zeekr X, which it hopes will become the benchmark for luxury compact cars.
Zeekr X has three versions, one starting at RMB 189,800 and the other two at RMB 209,800.
The Zeekr X is already taking reservations and deliveries will begin in June, with the model aiming to deliver 40,000 units this year.
On April 18, Zeekr unveiled its European strategy, which will be based on a direct-to-customer business model to deliver an EV experience to European customers.
Its first models in Europe are the Zeekr 001 and the Zeekr X, which will start arriving in Sweden and the Netherlands in the fourth quarter, with other countries to follow quickly.
Zeekr aims to be one of the leading brands in the European EV market by 2030, Spiros Fotinos, the company's vice president and CEO of European sales, said today, according to a press release.
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The P7i, which was launched in March, continues to gather strong order momentum and the company is significantly ramping up production, which will accelerate customer deliveries in the near future, XPeng said. | XPeng US | XPeng HK
XPeng's (NYSE: XPEV) deliveries in April were essentially flat compared with March, as the company appears to be on the cusp of emerging from a mire of weak sales.
The Chinese electric vehicle (EV) maker delivered 7,079 vehicles in April, down 21.36 percent from 9,002 a year ago but up 1.1 percent from 7,002 in March, according to data released today.
This is the third consecutive month-on-month gain in monthly XPeng deliveries, after about a year of weak sales.
XPeng did not provide model-specific breakdown figures for the models it currently sells, which include the flagship SUV G9, flagship sedan P7i, older P7, P5 and G3i.
The P7i sports sedan, launched in March, continues to gather strong order momentum, XPeng said, adding that the company is significantly ramping up production, which will accelerate customer deliveries of the P7i in the near future.
XPeng unveiled the new SUV G6 on April 18, the first day of the Shanghai auto show, which is based on the 800 V high-voltage platform and can get 300 kilometers of range in as little as 10 minutes on a charge.
XPeng did not announce specific specifications or pricing information for the G6, and they are expected to be known at the official launch event in the future.
The company's management previously said the G6 will be officially launched and delivered by the end of the second quarter, with a price range of RMB 200,000 - 300,000.
The G6's debut at Shanghai auto show generated remarkable enthusiasm among visitors, making XPeng's booth one of the most popular at the event, the company said today.
The model is scheduled to be officially launched at the end of the second quarter with deliveries immediately following, XPeng said, repeating its previous plans.
On April 16, XPeng unveiled its next-generation vehicle technology architecture, SEPA (Smart Electric Platform Architecture) 2.0, on which the G6 is the first model to be based.
This architecture will shorten the development cycle of future models by 20 percent and optimize development efficiency significantly. Interchangeability and interoperability of common and modular components between new models will reach 80 percent, enabling XPeng to meet diverse customer needs at an optimized cost, it said at the time.
In April, the XPeng G9 received a third-class road test license in Guangzhou for passenger-carrying autonomous driving tests, XPeng said today.
The company expects to expand the G9's self-driving tests to all customers in Guangzhou's Huangpu district in the second half of the year, giving more customers access to new mobility experiences, it said.
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