Smart and Sustainable Electric Mobility
BYD Seagull was released at the end of April, and mass delivery began in May, with sales of 14,300 units. Its main competitor, the Wuling Bingo, sold 16,383 units in the first month (April) after its release.
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Leapmotor said the higher-priced C-series models contributed more than 83 percent of deliveries in May.
Leapmotor delivered 12,058 vehicles in May, up 19.75 percent from 10,069 in the same month last year and up 38.18 percent from 8,726 in April, according to data released today.
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Leapmotor did not release model-specific breakdown sales figures, but said deliveries of the higher-priced C-series models were up more than 38 percent from April, contributing to more than 83 percent of deliveries.
The Leapmotor C11 series delivered more than 7,100 units, the company said.
Founded in 2015, Leapmotor's models on sale include the mini vehicle T03, the coupe model S01, the flagship SUV model C11, and the flagship sedan C01.
The C11 BEV, which went on sale September 29, 2021, and the C01, which went on sale September 28, 2022, are Leapmotor's flagship models, targeting a range of RMB 150,000 ($21,110) to RMB 300,000.
On March 1, Leapmotor officially launched the C11 extended-range electric vehicle (EREV), banking on the model targeting a larger market to turn around weak sales performance.
The company's previous sales were mainly contributed by the inexpensive electric vehicle T03, which led Leapmotor to be seen as a budget EV maker. The model's current starting price range is RMB 59,900 to RMB 89,900.
Leapmotor's higher-priced C11 EREV is priced from RMB 149,800 to RMB 185,800. The C11's all-electric version starts at RMB 155,800 to RMB 219,800.
Its flagship sedan, the C01, has a price range of RMB 149,800 to RMB 228,800.
The Leapmotor website does not currently show pricing for the S01.
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Leapmotor would have to sell at least 400,000 units a year to break even, CEO says
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In the January-May period, Zeekr delivered 32,013 vehicles, up 117.66 percent from a year earlier. The company is targeting about 140,000 deliveries this year.
Zeekr, Geely's premium electric vehicle (EV) brand, delivered 8,678 vehicles in May, up 100.42 percent from 4,330 in the same month last year and up 7.12 percent from 8,101 in April, according to data released today.
This is Zeekr's fourth sequential increase in monthly deliveries, after a big drop in deliveries in January due to a plant shutdown for upgrades.
In the January-May period, Zeekr delivered 32,013 vehicles, up 117.66 percent from 14,708 units in the same period last year, and the company is targeting to double its full-year deliveries this year to about 140,000 units compared to 2022.
By the end of May, Zeekr's cumulative deliveries since its inception stood at 109,961 vehicles, data monitored by CnEVPost showed.
Zeekr is currently delivering the Zeekr 001 shooting brake as well as the Zeekr 09 MPV, for which the company does not release breakout figures.
The average order amount for the Zeekr 001 is RMB 336,000 ($47,290) and RMB 527,000 for the Zeekr 009, it said.
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, respectively. 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.
The Zeekr X comes in three versions, one starting at RMB 189,800 and the other two at RMB 209,800.
The Zeekr X is taking reservations and deliveries will begin in June, with the model aiming to deliver 40,000 units this year.
($1 = RMB 7.1057)
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From January to May, the Qin family models sold 171,534 units and the Song family sold 216,625 units.
BYD today announced its new energy vehicle (NEV) sales for May, and later provided breakdown figures to show which of its models are the most popular.
The Qin family models sold a record 43,757 units in May, making it the highest-selling BYD model for the month. This represents a 110.85 percent year-on-year increase and a 3.68 percent increase from April.
From January to May, the Qin family models sold 171,534 units, up 42.81 percent year-on-year.
On February 10, BYD let a facelift of the plug-in hybrid sedan Qin Plus DM-i go on sale, offering five versions with a starting price range of RMB 99,800 ($$14,040) to RMB 145,800.
This is the first time BYD has made the starting price of a model with its DM-i powertrain below RMB 100,000.
The Qin family was also the highest-selling BYD model in March and April.
Song family models sold 38,014 units in May, making it the second highest-selling BYD model in May. This represents an 18.83 percent year-on-year increase and a 6.08 percent increase from April.
From January to May, Song family models sold 216,625 units, up 65.60 percent year-on-year.
The BYD brand includes the Dynasty series and the Ocean series. Song family models include the Song Pro and Song Max DM-i in the Dynasty series, and the Song Plus EV and Song Plus DM-i in the Ocean series.
In May, 13,685 units of the Dynasty series Song were sold and 24,329 units of the Ocean series Song Plus were sold.
BYD Yuan family models sold 35,815 units in May, up 168.62 percent year-on-year and down 8.54 percent from April.
From January to May, the Yuan family models sold 172,218 units, up 192.24 percent year-on-year.
The NEV maker launched the 2023 Yuan Pro on May 31 with a starting price of RMB 95,800.
BYD Dolphin sold 30,679 units in May, up 377.12 percent year-on-year and 0.71 percent from April.
From January to May, BYD Dolphin sold 131,708 units, an increase of 173.61 percent year-on-year.
BYD Han family models sold 20,387 units in May, down 14.82 percent year-on-year, but up 42.28 percent from April.
From January to May, the Han family sold 71,784 units, up 63.72 percent year-on-year.
On March 16, BYD let the 2023 Han EV go on sale. On May 18, BYD let the Han DM-i and Han DM-p facelift models go on sale.
BYD Seagull sold 14,300 units in May. The model was launched on April 26 with a starting price of RMB 73,800, making it the cheapest BYD model.
BYD Seagull sold 1,500 units in April.
BYD Tang sold 11,871 units in May, up 40.50 percent year-on-year and up 0.95 percent from April.
From January to May, the Tang sold 56,682 units, up 18.85 percent year-on-year.
BYD made the 2023 Tang DM-i available on March 16 with a starting price of RMB 209,800.
BYD Chaser 05 sold 10,457 units in May, up 129.42 percent year-on-year and 94.37 percent units from April.
From January to May, 29,684 units of this model were sold.
The BYD Frigate 07 sold 10,005 units in May, flat from the 10,003 units sold in April. From January to May, the model sold 39,630 units.
The BYD Seal sold 8,079 units in May, up 30.05 percent from April. The model sold 34,663 units from January to May.
On May 10, BYD officially launched the revamped version of the Seal with a starting price of RMB 23,000 lower than the previous model on sale.
BYD sold 240,220 NEVs in May, including 239,092 new energy passenger vehicles, and 1,128 new energy commercial vehicles.
Its Dynasty series passenger cars sold 125,515 units in May, and the Ocean series sold 102,572 units.
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BYD sells record 240,220 NEVs in May, surpasses 1 million for the year
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Among them, pure electric vehicles, including 119,603 pure electric vehicles. BYD sold 10,203 vehicles outside China.
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BYD aims to sell at least 3 million NEVs this year.
BYD (OTCMKTS: BYDDY) saw record new energy vehicle (NEV) sales in May, putting it over the 1 million unit mark for sales in the year.
The NEV giant sold 240,220 NEVs in May, up 108.99 percent from 114,943 units a year ago and up 14.23 percent from 210,295 units in April, according to data released today.
The company discontinued production and sales of vehicles powered entirely by internal combustion engines in March last year to focus on producing plug-in hybrids and pure electric vehicles.
BYD's NEVs include passenger cars as well as commercial vehicles, with sales of 239,092 new energy passenger cars in May, up 109.39 percent from 114,183 units in the same month last year and up 14.14 percent from 209,467 units in April.
BYD's new energy commercial vehicles sold 1,128 units in May, up 48.42 percent from 760 units in the same month last year and up 36.23 percent from 828 units in April.
Among these passenger NEVs, battery electric vehicles (BEVs) sold 119,603 units, up 124.19 percent from 53,349 units a year ago and up 14.6 percent from 104,364 units in March.
Its passenger plug-in hybrid vehicles (PHEVs) were 119,489 units, up 96.42 percent from 60,834 units in the same month last year and up 13.69 percent from 105,103 units in April.
In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April. The company first announced overseas sales figures for NEVs in July 2022.
In addition to being China's largest NEV company, BYD is also the country's second-largest manufacturer of power batteries.
BYD's installed power and storage battery capacity in May was about 11.489 GWh, up 85.22 percent from 6.203 GWh in the same month last year and up 15.42 percent from 9.954 GWh in April.
From January to May, BYD's NEV sales exceeded the 1-million-unit mark at 1,002,591 units, up 348.11 percent from 507,314 units in the same period last year.
Its passenger NEV sales for the period were 996,476 units, up 358.15 percent from the same period last year.
BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said at an investor conference in late March.
BYD aims to become China's No. 1 automaker by the end of this year, Wang said at the time.
To achieve its goal of selling 3 million NEVs for the year, BYD would need to sell an average of about 285,000 vehicles each month for the next seven months.
Musk once laughed at BYD, but now thinks 'their cars are highly competitive'
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Nio delivered 6,155 EVs in May: 12.37% down YoY and 7.55% down MoM.
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NIO delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year.
NIO delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year.
NIO officially launched its all-new ES6 based on the NT 2.0 platform on May 24, and the model was the fastest from launch to delivery for NIO, with deliveries starting on launch night.
On May 24, the all-new ES6 had opened for delivery in 13 regions in China on the night of its launch, NIO announced on Weibo in the early morning of May 25.
NIO will report its unaudited financial results for the first quarter on Friday, June 9, before the US markets open, at which time it is expected to release its guidance for second quarter deliveries.
Given that it has already announced deliveries in both April and May, its guidance at that time will essentially be for June deliveries.
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 May 2023 delivery results.
NIO delivered 6,155 vehicles in May 2023. The deliveries consisted of 2,396 premium smart electric SUVs, and 3,759 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 333,410 as of May 31, 2023.
On May 24, 2023, NIO launched the All-New ES6, a smart electric all-round SUV in China and started its deliveries the next day. Derived from NIO Technology 2.0 (NT2.0), the All-New ES6 offers enhanced driving and riding experiences with exquisite design, high performance, superior comfort, and advanced digital systems. The All-New ES6 caters to wide-ranging journeys of users for their family, business and leisure needs.
In addition, NIO plans to launch a new vehicle model based on NT2.0, ET5 Touring, a mid-size smart electric tourer and start its delivery to users in June 2023.
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XPeng delivered 7,506 vehicles in May, up 6.03 percent from April but down 25.87 percent year-on-year.
XPeng guided for second-quarter deliveries of 21,000 to 22,000 units when it reported first-quarter earnings on May 24.
The company will begin pre-sales of the G6 SUV, which is aim at competing with Tesla's (NASDAQ: TSLA) Model Y, on June 9.
The XPeng G6 will go on sale in June, with volume deliveries starting in July, and production capacity will climb quickly, the company's management said in a call with analysts after announcing first-quarter earnings.
The G6 will be a hot seller in China's new energy SUV market priced between 200,000 yuan ($28,150) and 300,000 yuan, and will enable XPeng's total deliveries to grow well above the industry's pace in the third quarter, the company said.
Below is its press release, as the CnEVPost article is being updated.
XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for May 2023.
In May 2023, XPENG delivered 7,506 Smart EVs. The delivery volume of the P7i has experienced a substantial increase compared to the previous month. The Company will further accelerate deliveries of the P7i in June, with the goal of rapidly bringing customers this popular new model that features outstanding style and design aesthetics and distinguishing smart features.
Presale for the G6 Ultra Smart Coupe SUV begins on June 9, with display vehicles available at our stores.
In May, XPENG invited the media to test drive the G6. Feedback from media on the G6 highlights that the new model has distinct advantages over other EV models in terms of its ADAS capabilities and its 800V platform for fast charging. The Company anticipates the G6 will emerge as one of the most popular, bestselling models in China's NEV SUV market segment with the RMB200,000 to RMB300,000 price range.
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Li Auto's revenue exceeded RMB 10 billion ($1.4 billion) in May, the first time it has achieved that level of monthly revenue.
Li Auto provided guidance for second-quarter deliveries of 76,000 to 81,000 units when it reported first-quarter earnings on May 10.
The May deliveries announced today mean that it is expected to deliver between 22,042 and 27,042 units in June.
Li Auto's revenue exceeded RMB 10 billion ($1.4 billion) in May, the first time it has achieved that level of monthly revenue, said Li Xiang, founder, chairman, and CEO of Li Auto, adding that it lays a solid foundation for the company to surpass its revenue target of RMB 100 billion in 2023.
From January to May, Li Auto delivered 106,542 vehicles, up 124.87 percent from 47,379 vehicles in the same period last year.
By the end of May, Li Auto's cumulative deliveries since its inception were 363,876 units.
Li said on May 24 on Weibo that he set a goal for his team to reach 20,000 monthly sales of the company's five-seat SUV, Li L7, in October.
"Vendor partners, please trust us to keep up with capacity! " Li wrote.
On May 30, he said on Weibo that Li Auto's order and delivery volume exceeded 1,000 units per day for three consecutive weeks.
Li Auto's next major task is to boost supply chain availability, as the supply target set at the beginning of the year was a bit low, he said at the time.
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