Monthly Archive: May 2023
NIO’s deliveries fall further to 6,658 in Apr as its product switch continues
NIO's deliveries in April fell further to 6,658 units, as its product switchover continues, according to data released today.
This is up 31.22 percent from 5,074 units in the same month last year, but down 35.85 percent from 10,378 units in March.
Below is its press release, as the CnEVPost article is being updated.
NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its April 2023 delivery results.
NIO delivered 6,658 vehicles in April 2023, representing an increase of 31.2% year-over-year. The deliveries consisted of 1,713 premium smart electric SUVs, and 4,945 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 327,255 as of April 30, 2023.
In April 2023, the majority of deliveries were attributable to ET5 and ES7, while NIO has been upgrading its product offerings from NIO Technology 1.0 (NT1.0) to NIO Technology 2.0 (NT2.0).
In late April 2023, NIO started to steadily ramp up the production and delivery of the EC7, a five-seater smart electric flagship coupe SUV from NT2.0.
On April 18, 2023, NIO debuted the All-New ES6, a smart electric all-round SUV, at the Shanghai Auto Show. Derived from NT2.0, the All-New ES6 will bring user experiences beyond expectations in terms of design, performance, comfort, intelligence, safety, and sustainability. NIO expects to officially launch the All-New ES6 and commence deliveries in May 2023.
The All-New ES8, a smart electric flagship SUV based on NT2.0 that was launched at NIO Day 2022, is expected to commence deliveries in June 2023.
At the Shanghai Auto Show, NIO also launched the 2023 ET7, a smart electric flagship sedan based on NT2.0. The 2023 ET7 boasts more than 15 product upgrades, providing users with a more comfortable driving and riding experience, a more refined interior and a more intuitive digital experience. Deliveries of the 2023 ET7 will start in May 2023.
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Nio delivered 6,658 vehicles in April, 35% down MoM
NIO delivered 6,658 vehicles in April 2023
The post Nio delivered 6,658 vehicles in April, 35% down MoM appeared first on CarNewsChina.com.
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Neta delivers 11,080 vehicles in Apr, up 9.8% from Mar
From January to April, Neta delivered 37,256 vehicles. The company is aiming to deliver 300,000 vehicles this year.
Neta Auto, Hozon Auto's electric vehicle (EV) brand, delivered 11,080 vehicles in April, the third consecutive month of more than 10,000 vehicles, according to data released today.
That's up 25.72 percent from 8,813 vehicles in the same month last year and up 9.84 percent from 10,087 vehicles in March.
Neta's flagship sedan, the Neta S, delivered 2,237 units in April, up 1.41 percent from 2,206 units in March.
In January-April, Neta delivered 37,256 vehicles, down 4.39 percent from 38,965 in the same period last year.
Neta S delivered 8,008 units in January-April and 10,213 units in total since deliveries began in October last year, according to data monitored by CnEVPost.
Neta has been seen as a budget EV maker since its inception, as its vehicles are priced primarily at the lower end of the market, with the Neta V and Neta U priced at around RMB 100,000 ($14,470) to RMB 150,000.
The Neta S, its first effort at the premium end of the market, officially launched in China on July 31, 2022, with a current starting price range of RMB 202,800 to RMB 341,800.
On the first day of the Shanghai auto show on April 18, Neta officially launched the Neta GT sports car with a starting price of RMB 178,800 to 227,800.
Neta is targeting sales of 300,000 units in 2023, local media China Securities Journal reported on February 7.
The EV maker has sales of 152,073 units in 2022, up 118 percent year-on-year, including 3,456 units delivered overseas, according to data it previously announced.
($1 = RMB 6.9121)
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GAC Aion sells record 41,012 vehicles in Apr, up 2.5% from Mar
From January to April, GAC Aion sold 121,320 vehicles, up 120.24 percent from 55,086 vehicles in the same period last year.
GAC's new energy vehicle (NEV) subsidiary, GAC Aion, sold a record 41,012 vehicles in April, the second consecutive month to exceed the 40,000-unit mark, according to data released today.
This represents a 301.61 percent increase over the 10,212 units sold in the same month last year and a 2.49 percent increase over the 40,016 units sold in March.
In January-April, GAC Aion sold 121,320 vehicles, up 120.24 percent from 55,086 units in the same period last year, according to data monitored by CnEVPost.
GAC Aion is currently selling the Aion series, targeting the mass market, such as the Aion S sedan with a price range of RMB 139,800 ($20,230) to RMB 172,800.
The company unveiled its new premium brand Hyper on September 15, 2022, and its first model, the Hyper SSR supercar, to enter the higher end of the market.
GAC Aion offers two versions of the Hyper SSR, with the regular version priced at RMB 1.286 million in pre-sale and capable of accelerating from 0 to 100 kilometers per hour in 2.3 seconds.
The other version, Hyper SSR Ultimate, is priced at RMB 1,686,000 and can accelerate from 0 to 100 km/h in 1.9 seconds.
GAC Aion said at the time that the model was the fastest accelerating car on the planet and would begin mass production and delivery in October 2023.
On April 16, on the eve of the Shanghai auto show, the Hyper brand's second model, the Hyper GT sedan, opened for pre-sale with a price range of RMB 219,900 to RMB 339,900.
The Hyper GT is available in five versions, one of which supports battery swap, like NIO models.
The Hyper GT will be officially launched in June and deliveries will begin during the year.
($1 = RMB 6.9121)
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Li Auto delivers record 25,681 vehicles in Apr, Li L7 delivers over 10,000
April was the first full month of deliveries for Li Auto's cheaper five-seat SUV, the Li L7. | Li Auto US | Li Auto HK
Li Auto (NASDAQ: LI) saw record deliveries last month as the new, cheaper SUV, the Li L7, began to contribute significantly to sales.
The Chinese automaker delivered 25,681 vehicles in April, another monthly high while surpassing the 20,000-delivery mark for the second consecutive month, according to data released today.
This represents a 516.29 percent increase over the 4,167 units delivered in the same month last year and a 23.33 percent increase over the 20,823 units delivered in March.
As of the end of April, Li Auto has delivered a total of 335,599 units since its inception.
"We are pleased to have delivered over 10,000 Li L7s in its first full month of deliveries, establishing the vehicle as a preferred choice among five-seat premium SUVs for Chinese families while marking the first time a Chinese branded five-seat SUV priced above RMB300,000 has achieved this monthly delivery milestone," said Li Xiang, chairman and CEO of Li Auto.
"Regarding autonomous driving, we expect to release the city NOA for beta testing in Li AD Max 3.0 this quarter and target to roll out in 100 cities nationwide by the year end," he added.
Li Auto's three models currently on sale -- Li L9, Li L8 and Li L7 -- are extended-range electric vehicles (EREVs), which are essentially plug-in hybrids.
The big selling point of these models is that they don't have the range anxiety of battery electric vehicles (BEVs), as they can be charged as well as refueled.
Li Auto launched the Li L7, its first five-seat SUV, on February 8.
The Li L7 is the least expensive of its product array, with Pro as well as Max versions starting at RMB 339,800 ($49,160) and 379,800 respectively. The Li L7 has a lower-priced Air version available, starting at RMB 319,800.
Deliveries of the Li L7 Pro and the Li L7 Max begin on March 11, and deliveries of the Li L7Air begin in late April.
Li Auto also launched an Air version of the Li L8 alongside the Li L7 at a starting price of RMB 339,800. The Li L8 was previously available in Pro and Max versions at RMB 359,800 and RMB 399,800 respectively.
The Li L9 is currently only available in Max version with a starting price of RMB 459,800.
In terms of product planning, Li Auto aims to create a model portfolio of one super flagship, five EREVs and five BEVs by 2025 to meet the diverse needs of families in the price range of 200,000 yuan and above, Li said.
As of April 30, the company had 302 retail stores in 123 cities and 318 service centers and Li Auto-authorized body and paint stores in 222 cities.
($1 = RMB 6.9121)
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