Pure EV range is 303 km CLTC. Fuel engine would add additional 80km of range.
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Category: China
Tesla sold 77,695 Chinese-made EVs in May
Sales of China-made Tesla vehicles rose 2% month-on-month and 141% year-on-year this month. This was mainly due to a decline in factory output due to the coronavirus outbreak in Shanghai during the same period last year.
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Global EV battery market share in Jan-April: CATL 35.9%, BYD 16.1%
In January-April, CALB's power battery installations of 8.4 GWh surpassed Samsung SDI's 7.5 GWh, according to SNE Research.
China's CATL and BYD (OTCMKTS: BYDDY) continued to be the world's two largest power battery manufacturers in January-April, the latest data show.
In January-April, global battery consumption for electric vehicles (EVs) totaled 182.5 GWh, up 49 percent from 122.5 GWh in the same period last year, according to data released today by South Korean market research firm SNE Research.
Among them, CATL installed 65.6 GWh of batteries from January to April, up 55.6 percent from 42.1 GWh in the same period last year.
The Chinese power battery giant continues to rank No. 1 in the world with a 35.9 percent share and remains the only one in the world with a market share of more than 30.0 percent.
This was higher than its 34.4 percent share in the same period last year and up from its 35.0 percent share in the January-March period.
CATL's batteries are installed in many major passenger EV models in China's domestic market, such as the Tesla Model 3, Model Y, SAIC Mulan, GAC Aion Y and NIO ET5, as well as Chinese commercial vehicle models, and continue to grow steadily, SNE Research said.
BYD installed 29.4 GWh of power batteries from January to April, up 108.3 percent from 14.1 GWh in the same period last year.
The company ranked second with a 16.1 percent share from January to April, up from 11.5 percent in the same period last year but down from 16.2 percent in January-March.
BYD has gained popularity in China's domestic market with its competitive pricing by establishing a vertically integrated supply chain management, including battery self-sufficiency and vehicle manufacturing, SNE Research said.
With the launch of the Atto3 model, BYD showed explosive growth by expanding its market share outside of China in Asia and Europe, SNE Research said.
LG Energy Solution installed 25.7 GWh of power batteries from January to April, up 49.3 percent year-on-year.
The South Korean company ranked third in the world with a 14.1 percent share, unchanged from a year ago.
Japan's Panasonic was fourth with 8.2 percent share, South Korea's SK On was fifth with 5.2 percent share and China's CALB was sixth with 4.6 percent share.
South Korea's Samsung SDI of, China's Gotion High-tech of China, Eve Energy and Sunwoda ranked seventh, eighth, ninth and tenth respectively, with shares of 4.1 percent, 2.4 percent, 1.8 percent and 1.5 percent from January to April, respectively.
It is worth noting that CALB's power battery installed base of 8.4 GWh exceeded Samsung SDI's 7.5 GWh in the January to April period.
In January-March, CALB was 5.7 GWh, lower than Samsung SDI's 6.5 GWh.
In 2023, Chinese companies are expected to enter overseas markets such as the US and Europe in preparation for a gradual decline in growth rates in China's domestic market, the largest EV market, according to SNE Research.
The European EV market, which has relatively fewer political issues than the US, is attracting attention as a strategic point for seeking to diversify the battery supply chain, the report noted.
Going forward, the share of LFP batteries in Europe is expected to increase as Chinese companies enter the European market in earnest, the report said.
CATL unveils Condensed Battery for electric aircrafts and EVs
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China NEV wholesale in May at about 670,000 units, CPCA estimates show
From January to May, China's wholesale sales of passenger NEVs are expected to be 2.78 million units, up 46 percent year-on-year, the CPCA said.
China's wholesale sales of passenger new energy vehicles (NEVs) are expected to be 670,000 units in May, up 11 percent from April and up 59 percent year-on-year, the China Passenger Car Association (CPCA) said in a report today.
In April, the 11 manufacturers with more than 10,000 wholesale sales of NEVs contributed 81.1 percent of all wholesale sales, the CPCA said.
These companies are expected to sell 542,000 units in May, and the normal structure would put China's wholesale sales of passenger NEVs in May at around 650,000 units, the CPCA said.
The CPCA gave a higher estimated figure of 670,000 wholesale sales as the development of China's NEV industry continues to consolidate this year, the report said.
In the January-May period, China's wholesale sales of passenger NEVs are expected to be 2.78 million units, up 46 percent year-on-year, according to the report.
NEVs include battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell vehicles.
China's new energy passenger vehicle market returned to stronger growth in May, with sales hitting a new high this year, the CPCA said.
As a result of last year's low base and the recent continued strength of China's passenger NEV exports, vehicle companies in the core regions of the NEV industry chain, including Shanghai, performed well, the CPCA said.
Passenger vehicle sales in China are expected to be 23.5 million units in 2023, including 8.5 million NEVs, and penetration is expected to reach 36 percent, the CPCA said, repeating its previous forecast.
In 2022, wholesale sales of passenger NEVs in China were 6.5 million units, up 96.3 percent year-on-year.
Here are the wholesale NEV sales of major automakers in May, as published by the CPCA.
Tesla sells 77,695 China-made vehicles in May, up 2.44% from Apr
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Chinese brands registrations in Netherlands in May: Lynk&Co 681, MG 560, Nio 23
Also EV startup Aiways registred 41 EVs.
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Tesla sells 77,695 China-made vehicles in May, up 2.44% from Apr
This article is being updated, please refresh later for more content.
Tesla (NASDAQ: TSLA) sold 77,695 China-made vehicles in May, including exports, according to data released today by the China Passenger Car Association (CPCA).
That's up 2.44 percent from 75,842 vehicles in April and up 141.55 percent from 32,165 vehicles in the same month last year.
Tesla has a factory in Shanghai that produces the Model 3 and Model Y. The vehicles produced at the factory are supplied to local consumers and also exported.
From January to May, Tesla sold 382,859 China-made vehicles, up 77.37 percent from 215,851 units in the same period last year, according to data monitored by CnEVPost.
Tesla's China-made vehicle sales in April included 39,956 units delivered in China and 35,886 units exported. The breakdown figures for May are expected to be available in the coming days.
Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.
Musk once laughed at BYD, but now thinks 'their cars are highly competitive'
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Battery cell prices in China fall 9% MoM in May, report says
Strong increases in lithium carbonate prices will not be immediately reflected in lithium battery prices, and prices of other raw materials are still falling, TrendForce said.
Prices for power battery cells continued to fall in May, even though the price of lithium carbonate, a key raw material, saw a big drop, according to a new report.
The average price of battery cells used in electric vehicles (EVs) fell about 9 percent in May from April, local research firm TrendForce said in a research note today.
The average price of square ternary cells fell 9.4 percent to RMB 0.75 ($0.1054) per Wh in China in May, while square lithium iron phosphate cells fell 9.5 percent to RMB 0.67 per Wh and soft pack ternary cells fell 9 percent to RMB 0.79 per Wh, according to the report.
The average price of battery-grade lithium carbonate in China has rebounded to RMB 254,300 per ton in May, up more than 28 percent from April, TrendForce said.
As of the end of May, battery-grade lithium carbonate was priced at RMB 305,000 per ton in China, up 57.22 percent from RMB 194,000 per ton on May 4, according to data from Mysteel monitored by CnEVPost.
Although the strong price increase in lithium carbonate is driving up the cost of cells, this will not be immediately reflected in lithium-ion battery prices in the short term, TrendForce said.
In addition, prices of other materials needed for lithium-ion batteries, such as cathode precursor materials, anode materials, diaphragms, electrolytes and PVDF, are still falling, so lithium-ion battery prices continued to be lower in May, the report said.
After a strong rebound in lithium prices in early mid-May, they have gradually stabilized in the second half of the month, TrendForce said, adding that the Chinese power battery market is still slowly recovering in May, with demand improving slightly.
Lithium prices rose rapidly on one hand because of the low willingness of suppliers to offer lower prices, and on the other hand because of increased demand from downstream battery makers to replenish their inventories in May, according to the report.
Lithium prices began a strong rebound in May, with a single-day gain of up to 10,000 yuan per ton, which is an irrational increase, TrendForce said.
Actual demand for lithium was not growing at a high rate, but was steadily recovering, TrendForce said, adding that the peak in demand is expected to come in June.
($1 = RMB 7.1190)
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Chery iCar 03 hit the production line in China. The 21,000-USD all-road EV
The iCar 03 electric SUV from Chery hit the mass production with 500 km of range.
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Wuling mulls post-delivery fuel-engine option for Baojun Yep
Wuling is considering offering a range-extender option for the Baojun Yep, which would provide the mini EV with the ability to get an extra 80 kilometers of range by refueling.
(Image credit: Baojun)
SAIC-GM-Wuling is considering a range-extender option for the Baojun Yep mini electric vehicle (EV), which went on sale only last month, highlighting a new approach to trying to address range anxiety among EV consumers.
Baojun will not offer an official extended-range electric vehicle (EREV) version of the Yep, but will consider offering a post-delivery range-extender option for the model, Zhou Xing, vice president of SAIC Wuling's brand division, said on Weibo yesterday.
"Because of the call from everyone, the team is looking into the possibility of putting a small generator in the engine compartment," Zhou wrote.
The option, which could cost about 2,000 yuan ($280), could hold four liters of gasoline and thus provide an additional 80 kilometers of range, according to a supplier proposal, he said.
The option is similar to a power bank for a cell phone and would additionally allow the vehicle to support external discharge capability, according to Zhou.
Zhou asked his followers on Weibo if they really wanted the option and if so, they would speed up the rollout process.
Consumers expecting the option can still buy the Baojun Yep now, as it can be installed after delivery, Zhou said.
It's not clear if Wuling's planned option complies with China's vehicle modification regulations.
SAIC-GM-Wuling officially launched the Baojun Yep on May 25, offering it in two versions with starting prices of RMB 79,800 and RMB 89,800, respectively.
Both versions of the model have a battery pack capacity of 28.1 kWh and a combined CLTC range of 303 km.
Baojun's idea to offer a range-extender option for the Yep underscores the appeal of plug-in hybrid or quasi-plug-in hybrid models at a time of transition to electrification in the Chinese automotive industry.
Among Chinese EV startups, Li Auto (NASDAQ: LI) is known for its EREVs, which delivered a record 28,277 vehicles in May.
For comparison, NIO (NYSE: NIO) and XPeng (NYSE: XPEV), which only offers battery electric vehicles (BEVs), have had weak deliveries over the past few months, delivering 6,155 and 7,506 units in May, respectively.
Their peer Leapmotor has abandoned its insistence on offering only BEVs, attracted by the larger market space.
On February 1, Leapmotor unveiled its first EREV model -- an EREV variant of its flagship SUV, the C11. The Leapmotor C11 EREV went on sale on March 1 and deliveries began in mid-March.
In May, Leapmotor delivered 12,058 vehicles, the fourth consecutive month of growth and well above the 1,139 units delivered in January.
($1 = RMB 7.1061)
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Nio ET5 Touring to launch globally on June 15. Deliveries will start within a month
The Nio ET5 Touring is ready for the global launch with 490 hp and a swappable battery. But its deliveries will first start in China.
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