Category: China

China allows 6-month sales extension for some ICE models based on existing emissions standard

China will implement the China 6b emissions standard on July 1, although some models will be given a six-month sales transition period.

China allows 6-month sales extension for some ICE models based on existing emissions standard-CnEVPost

(Image credit: CnEVPost)

Chinese authorities confirmed in an official document that a new emissions standard will go into effect on July 1 as scheduled, but provided an additional six-month sales period for some internal combustion engines (ICE) vehicles based on the existing standard.

In a joint announcement issued today, five ministries, including China's Ministry of Industry and Information Technology and Ministry of Ecology and Environment, said that China will implement the China 6b emissions standard nationwide starting July 1, when the production, import and sales of vehicles that do not meet the standard will be banned.

For some of the models with "monitoring only" results in the Real Driving Emissions (RDE) test report, they will be given a six-month sales transition period until December 31, 2023, according to the announcement.

The move is to implement the requirements of the China 6 emissions standard, as well as China's policy to stabilize and expand vehicle consumption, the announcement said.

China released the final rule for Stage 6 light-duty vehicle emission limits and measurement methods (China 6 standard) in December 2016, a new standard that combines best practices from European and US regulatory requirements.

The standard is being implemented in two phases, with the 6a standard already taking effect on July 1, 2020, and the 6b standard coming into effect on July 1, 2023.

In March, price wars were the most talked about topic in China's auto industry, and the impending entry into force of the 6b standard was seen as an important factor.

On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the start of implementation of the China 6b emissions standard.

Since the beginning of the year, the CADCC has received feedback from many auto dealer groups that they are under significant pressure to survive the impending full implementation of the China 6b emissions standard.

A study covering nearly 100 dealership groups showed that nearly 98.89 percent of them strongly recommended that China delay implementation of the China 6b emissions standard until January 1, 2024, the CADCC said at the time.

Notably, following the release of the latest announcement, the China Association of Automobile Manufacturers (CAAM) said in an article on its website that the new policy would help the Chinese auto market recover steadily.

Since the release of the China 6 standard, most car companies have been developing and producing products in accordance with the standard, which amounts to an early implementation of the China 6b standard, the CAAM said, adding that to date, more than 95 percent of light-duty vehicles have met the China 6b standard.

As of the end of January, there were more than 1.89 million vehicles in stock in China that did not meet the RDE requirements, and if purchased parts are included, then there are more than 2 million such vehicles in stock, the CAAM said.

The CAAM submitted a proposal for a six-month sales transition period for light-duty vehicles with "monitoring only" RDE test results to ease the difficulties faced by China's auto industry, according to the article.

"We hope that after the release of the policy, companies will uphold the principle of fair market competition, plan their layout rationally and complete the switchover and sale of their products as soon as possible," the CAAM said.

China's transition to new emission standard: How will this affect auto market?

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XPeng to report Q1 earnings on May 24

XPeng delivered 18,230 vehicles in the first quarter, slightly above the lower end of its guidance range of 18,000 to 19,000 vehicles.  |  XPeng US | XPeng HK

XPeng to report Q1 earnings on May 24-CnEVPost

XPeng (NYSE: XPEV) today announced that it will report its unaudited first quarter financial results on Wednesday, May 24, before the US market opens.

Previously released data showed that XPeng delivered 18,230 vehicles in the first quarter, slightly above the lower end of its guidance range of 18,000 to 19,000 vehicles.

The company previously guided for first-quarter revenue of RMB 4 billion to RMB 4.2 billion, a decrease of about 43.7 percent to 46.3 percent year on year.

XPeng sales have been weak since the second half of last year, with deliveries of just 5,218 units in January. The figure rebounded to 7,079 units in April, flat from March.

The P7i sports sedan, launched in March, continues to gather strong order momentum, XPeng said on May 1, adding that the company is significantly increasing 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.

The debut of the G6 drew great enthusiasm from visitors at the auto show, making XPeng's stand one of the most popular at the event, the company said on May 1.

The model is scheduled to be officially launched at the end of the second quarter and delivered immediately thereafter, XPeng said, repeating its previous plan.

Following the first-quarter earnings announcement, XPeng management will host an earnings call on May 24 at 8:00 a.m. US Eastern Time (8:00 pm Beijing Time on May 24).

Participants who wish to participate in the conference call by telephone can complete pre-registration by visiting the link provided below.

Pre-registration link:

https://s1.c-conf.com/diamondpass/10030387-tfg8sj.html

In addition, a live and archived webcast of the conference call will be available on the company's investor relations website at http://ir.xiaopeng.com.

A replay of the conference call will be available about one hour after the conference call, through May 31, 2023, by calling the following telephone numbers:

United States: +1-855-883-1031

International: +61-7-3107-6325

Hong Kong, China: 800-930-639

Chinese mainland: 400-120-9216

Replay PIN: 10030387

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China passenger NEV retail drops 3.6% MoM to 527,000 in Apr, CPCA data show

China's NEV penetration at retail was 32.3 percent in April, up 6.6 percentage points from 25.7 percent in April 2022 but lower than 34.2 percent in March.

Retail sales of new energy passenger vehicles (passenger NEVs) in China were 527,000 units in April, up 85.6 percent year-on-year but down 3.6 percent from March, according to data released today by the China Passenger Car Association (CPCA).

This was lower than the CPCA's preliminary figure of 529,000 units released on May 6 and higher than its estimate of 500,000 units released on April 25.

Battery electric vehicle (BEV) retail sales in April were 370,000 units, accounting for 70.2 percent of all NEV retail sales. This represents a 73.5 percent year-on-year increase and a 4.3 percent decrease from March.

Plug-in hybrid (PHEV) retail sales in April were 157,000 units, contributing 29.8 percent of NEV retail sales, up 122.0 percent year-on-year and down 1.8 percent from March.

Retail sales of all passenger vehicles in China were 1.63 million units in April, up 55.5 percent year-on-year and up 2.5 percent from March.

Notably, this is the second time since 2010 that China's retail vehicle sales were higher in April than in March, the CPCA said.

The penetration of NEVs at retail in China was 32.3 percent in April, up 6.6 percentage points from 25.7 percent in April 2022 but down from 34.2 percent in March.

The penetration rate of NEVs was 56.5 percent for local brands, 23.8 percent for luxury brands and 4.4 percent for mainstream joint venture brands.

Wholesale sales of passenger NEVs in China were 607,000 units in April, up 115.6 percent year-on-year but down 1.7 percent from March.

This means that the penetration of NEVs at wholesale was 33.9 percent in April, up 5.9 percentage points from 28 percent penetration in April 2022 and up from 31 percent in March.

China's local brands had 49.5 percent penetration of NEVs at wholesale in April, compared to 35.5 percent for luxury brands and 4.1 percent for mainstream joint venture brands.

China exported 91,000 passenger NEVs in April, with BEVs accounting for 92.8 percent of the total. This represents a year-on-year increase of 1028.5 percent, up 29.4 percent from March, and contributes 31 percent of all passenger car exports.

China exported 35,886 units in April, SAIC passenger cars 21,450 units and BYD 14,827 units, the CPCA said.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant

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Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant

Including exports, China-made Model 3 and Model Y sales in April were 26,783 and 49,059 vehicles, respectively, according to the CPCA.  |  TSLA.US

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

Tesla (NASDAQ: TSLA) sold 75,842 China-made vehicles in April, including 35,886 units exported, according to data released today by the China Passenger Car Association (CPCA).

This means that Tesla delivered 39,956 vehicles in China in April, with 47.32 percent of the vehicles produced at the Shanghai plant being exported.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

By comparison, Tesla delivered just 1,512 vehicles in China last April, when none were exported, due to the Covid lockdown in Shanghai.

The US electric vehicle maker's factory in Shanghai currently produces only the Model 3 and the Model Y. Including exports, the two models sold 26,783 and 49,059 units in April, according to the CPCA.

The breakdown figures of Model 3 and Model Y sales in China are expected to be available in a few days.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

Retail sales of new energy vehicles (NEVs) in China in April were 527,000, with 370,000 battery electric vehicles (BEVs) sold, according to the CPCA.

This means that Tesla's share of the NEV market in China in April was 7.58 percent and its share of the BEV market was 10.80 percent. These two figures were 14.12 percent and 20.02 percent respectively in March.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

It is worth noting that Tesla's model is to produce cars for export in the first half of the quarter and for the local market in the second half.

Tesla slightly raised the prices of all its available models in China earlier this month, which the CPCA believes will be helpful in boosting sales.

Tesla's price increase is a good signal to dispel the wait-and-see mentality of consumers who are overly expecting price cuts, the CPCA said in a report today.

On May 2, the prices of the Model 3 and Model Y were all raised by 2,000 yuan ($290) in China, an increase of less than 1 percent.

On May 5, prices for the full lineup of the new Model S and Model X, which are not manufactured in China, were all raised by RMB 19,000.

(1 $= RMB 6.9274)

Tesla hikes Model 3, Model Y prices slightly in China

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SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25

SAIC-GM-Wuling's Baojun brand has released several images of the Yep, showing the model somewhat similar to the Suzuki Jimny.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

(Image credit: Baojun)

SAIC-GM-Wuling will soon release a new model, as the mini electric vehicle (EV) specialist continues to deepen its expertise in the field.

The automaker's Baojun brand announced on Weibo today that it will launch a new mini EV model, the Baojun Yep, on May 25.

Baojun unveiled its new logo earlier today, saying that the Yep will be the first model to use the new logo.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

The brand began previewing the Baojun Yep last week, releasing several images of the car's exterior that show the model somewhat resembling the Suzuki Jimny.

The Baojun Yep has a length, width and height of 3,381 mm, 1,685 mm and 1,721 mm, respectively, and a wheelbase of 2,110 mm, previous regulatory filings showed.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

For comparison, SAIC-GM-Wuling's other model, the Hongguang Mini EV, has a length, width and height of 3,059 mm, 1,521 mm and 1,614 mm, respectively, and a wheelbase of 2,010 mm.

The Baojun Yep will be powered by a permanent magnet synchronous motor with a peak power of 50 kW and a peak torque of 140 Nm.

The model has a battery pack capacity of 28.1 kWh and a CLTC range of 303 km.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

In addition to the regular version, Baojun shared images of a two-door pickup version of the Yep on Weibo yesterday, a move similar to SAIC-GM-Wuling's launch of a convertible version of the Mini EV in September 2022.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

SAIC-GM-Wuling is a joint venture between SAIC, General Motors and Liuzhou Wuling Automobile, headquartered in Liuzhou in southwestern China's Guangxi Zhuang Autonomous Region.

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.

In the small EV segment, in addition to the hot-selling Mini EV, SAIC-GM-Wuling launched the Air EV in China in December last year and the Binguo EV at the end of March this year.

SAIC-GM-Wuling sold 77,701 new energy vehicles (NEVs) in the first quarter, 69,842 of which were Mini EVs, according to the China Passenger Car Association (CPCA).

SAIC-GM-Wuling launches new EV model, price from $8,680

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Exclusive: NIO ET5 touring appears in Europe as local launch nears

The ET5 touring, the first of its kind to target the premium electric touring segment, may debut in Europe in June.

Exclusive: NIO ET5 touring appears in Europe as local launch nears-CnEVPost

(Image obtained by CnEVPost)

A more European-centric variant of NIO's (NYSE: NIO) ET5 electric sedan is getting closer to its official launch.

A NIO ET5 touring, the first of its kind to target the premium electric touring segment, has been spotted on the streets of Europe, according to spy photos obtained by CnEVPost today.

The car has the yellow color exclusive to the ET5 sedan sold in China, while its rear design clearly shows that it is a touring, or hatchback, style vehicle.

Exclusive: NIO ET5 touring appears in Europe as local launch nears-CnEVPost

(Image obtained by CnEVPost)

NIO will launch a touring version of the ET5, the ET5's sister model, in June or July, the electric vehicle (EV) maker's co-founder and president Qin Lihong said at an event in January, as previously reported by CnEVPost.

The touring variant of the ET5 will debut in Europe, and the model is developed primarily for European consumers, Qin said at the time.

CnEVPost has learned from a source that the model is expected to make its official debut in Europe in June. ET5 touring was previously referred to as ET5 shooting brake on many occasions.

Touring models have a large market in Europe, while sales of sedans are low, which is the opposite of the situation in China, Qin said at the January event.

"Sedan derivatives are a niche market in China, but the opposite is true in Europe. We don't see many real sedans in Europe," he said at the time.

The ET5 is the cheapest of the NIO product array, starting at 328,000 yuan ($47,410) in China.

The model's support for battery swap and beautiful design have made it a major contributor to NIO's sales in the past few months, selling around 6,000 units each month from January to March.

Exclusive: NIO ET5 touring appears in Europe as local launch nears-CnEVPost

For NIO, the ET5 touring is likely to be the game changer for the company to see sales really start to grow in Europe, as local consumers prefer this kind of sedan variant.

It is worth noting that the ET5 touring will be available in China in addition to for European consumers.

At the beginning of March, the car appeared in a regulatory catalog of models that will be allowed to be sold in China, showing its exterior and core specifications.

($1 = RMB 6.9180)

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Denza shows interior details of new SUV N8

Denza posted images on Weibo today showing the N8 with a large glass roof, a large center screen and rear tabletops.

Denza shows interior details of new SUV N8-CnEVPost

(Image credit: Denza)

BYD's premium new energy vehicle (NEV) brand Denza has unveiled the interior design of the Denza N8, as it ramps up its preview of the new SUV.

Images posted by Denza on Weibo today show the N8 with a large glass roof, a large center screen and rear tabletops.

In China's increasingly competitive electric vehicle (EV) market, automakers are racing to offer features that will provide consumers with more convenience in their driving experience.

Denza shows interior details of new SUV N8-CnEVPost

Denza was formed in February 2011 as a joint venture between BYD and Daimler, each holding a 50 percent stake, and Daimler was rebranded as Mercedes-Benz in February 2022.

BYD's stake in Denza increased to 90 percent last year, and Mercedes-Benz's stake decreased to 10 percent.

Denza is currently offering only the D9, an MPV that went on sale in August 2022 and began deliveries in October last year.

The N8 will be the third model in the rebranded Denza, with the second model, the N7, to be released in the first half of this year. The release date for the N8 has not yet been announced.

Denza shows interior details of new SUV N8-CnEVPost

On March 29, Denza unveiled the exterior of the N8, which will carry over much of the design of the discontinued Denza X.

On April 11, the Denza N8 appeared in a catalog of models that will soon be allowed to be sold in China, published by the Chinese industry regulator.

The Denza N8 entered the catalog in four versions, including a single-motor all-electric version, a two-motor all-electric version, a DM-i plug-in hybrid version, and a DM-p plug-in hybrid version.

The single-motor version is equipped with a 230-kW peak power motor, and the dual-motor version has 230-kW and 200-kW peak power front and rear motors, respectively.

The model's length, width and height are 4,949 mm, 1,950 mm and 1,725 mm, respectively, with a wheelbase of 2,830 mm, according to the filing.

Denza shows interior details of new SUV N8-CnEVPost

Denza delivered 10,526 vehicles in April, up 1.23 percent from 10,398 in March.

Denza has a chance to see monthly sales of more than 20,000 units this year, said Zhao Changjiang, general manager of the company's sales division, on Weibo on May 7.

Denza's new SUV model N7, which is on pre-sale, is expected to receive more than 6,000 new orders this month and is expected to reach 30,000 orders before its official launch, Zhao said.

Denza could see monthly sales of over 20,000 units this year, exec says

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