Smart and Sustainable Electric Mobility
On May 26, a Chinese netizen shared that he drove his Zeekr 001 passing through a high altitude area until the battery was completed exhausted without any additional charging, which lasted 11 hours.
The post Zeekr 001 with CATL’s CTP 3.0 Qilin battery delivered in China, has 1,032 km range appeared first on CarNewsChina.com.
On June 1, Smart #1 was officially launched in France, three months after Smart #1’s delivery started in the German market in March this year, according to the Mercedes-Benz and Geely joint venture. The vehicle delivery cycle is expected to be 2 – 8 weeks after the configuration is locked down. Furthermore, in an attempt to accelerate its […]
The post Mercedes-Geely JV’s Smart #1 EV launched in France, will also launch in more European markets appeared first on CarNewsChina.com.
Smart #3 is coming to Europe in 2024. Top trim level have acceleration 0-100km/h in 3.6 seconds.
The post Geely-Mercedes venture launched Smart #3 EV in China. Starts at 29,700 USD, 555 km range appeared first on CarNewsChina.com.
China will further stabilize market expectations, optimize the consumption environment, and release the consumption potential of NEVs to a greater extent, the meeting also mentioned.
(Image credit: CnEVPost)
China is expected to extend the tax incentives for new energy vehicles (NEVs), which will expire at the end of the year, to continue supporting the fast-growing industry.
China will extend and optimize the NEV purchase tax exemption policy, to build a high-quality charging infrastructure system, according to an executive meeting of the State Council hosted by Premier Li Qiang today.
The meeting studied policy measures to promote the high-quality development of the NEV industry, according to the content of the meeting released today by state broadcaster CCTV.
China will further stabilize market expectations, optimize the consumption environment, and release the potential of NEV consumption, according to the meeting.
NEVs are the main direction of transformation and upgrading of the automotive industry, and the development space is very broad, the meeting mentioned.
China should consolidate and expand the advantages of NEV development, further optimize the industrial layout, and strengthen key core technologies in key areas such as power battery systems, new chassis architecture, intelligent driving systems, according to the meeting.
The country will coordinate the development of domestic and international resources to improve the power battery recycling system, according to the meeting.
The foundation of China's recovery so far this year is not yet solid, and China should further stabilize expectations, boost confidence in development, stimulate market vitality and promote a sustained rebound in economic operation, the meeting mentioned.
The CCTV report did not mention what specific support measures for the NEV industry were examined at the meeting, or how long the NEV tax exemption would be extended. A Bloomberg report earlier today said China is considering extending the tax exemption for cheaper NEVs for another four years.
One of those measures could be an extension of the purchase tax break for electric and plug-in hybrid vehicles priced below RMB 300,000 yuan ($42,510), according to the Bloomberg report.
To support the development of energy-efficient vehicles, China first began exempting NEVs from purchase tax in 2014.
The policy originally expired at the end of 2017, but was renewed before it expired until the end of 2020. In March 2020, China renewed the policy again until the end of 2022.
On September 26, 2022, several Chinese government departments jointly announced that the purchase tax exemption for NEVs would continue until the end of 2023.
China mulls extending tax exemption on cheaper NEVs for another 4 years, report says
The post China to extend and optimize NEV purchase tax exemption policy, says State Council meeting appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The Smart #3 is available in three regular versions and a limited edition, with a price range of RMB 209,900 to 289,900.
(Image credit: Smart)
Smart Automobile, Geely's joint venture with Mercedes-Benz, is making its second model since its electrification transition available in China, as it ramps up its efforts in the world's largest electric vehicle (EV) market.
Smart officially launched the Smart #3 in China at an event Thursday evening, with first deliveries set to begin this month.
The car is available in three regular versions -- Pro+, Pulse, and Premium -- with starting prices of RMB 209,900 ($29,586), RMB 239,900, and RMB 255,900, respectively.
In addition to these three versions, the Smart #3 is also available in a Brabus Performance version for RMB 289,900, but is limited to only 1,999 units.
The Smart #3 is a coupe SUV with a length, width and height of 4,400/4,542 mm, 1,844 mm and 1,556 mm respectively, and a wheelbase of 2,785 mm.
For reference, the Smart #1, the first production model after the electrification of the Smart brand, measures 4,270 mm in length, 1,822 mm in width and 1,636 mm in height, and has a wheelbase of 2,750 mm.
This means that the Smart #3 will be longer and wider than the Smart #1, but lower.
The Smart #3 has two powertrain options, a single-motor version with 200 kW of peak motor power and a dual-motor version with 115 kW and 200 kW of peak front and rear motor power, respectively.
Acceleration time from 0 to 100 km/h is 5.4 seconds for the single-motor version and 4.3 seconds for the dual-motor version, and 3.6 seconds for the Brabus Performance version.
There are three range versions, with CLTC ranges of 520 km, 555 km and 580 km. The battery pack is a ternary lithium battery from CALB and Sunwoda.
The Smart #1 went on sale in China on April 25, 2022, with deliveries starting on September 24.
The model was designed by Mercedes-Benz, with the Smart R&D team leading the engineering development, and is based on Geely's SEA (Sustainable Experience Architecture) architecture.
Smart delivered 2,624 vehicles in China in May, down 40.23 percent from 4,390 in April, according to data it released yesterday.
Smart has delivered a total of 28,923 electric vehicles in China since last September, according to data monitored by CnEVPost.
($1 = 7.0945 yuan)
The post Smart #3 launched in China, starting at $29,600 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
May is the second full month since the Wuling Bingo EV went on sale, and sales are currently ahead of rival BYD Seagull.
The post Wuling Bingo EV sold 18,015 units in May, up 9.9% more than in April. appeared first on CarNewsChina.com.
China is considering extending the tax exemption for NEVs priced below 300,000 yuan for another four years to spur consumer demand, Bloomberg reported.
(Image credit: CnEVPost)
China is considering extending the tax holiday for some NEVs for another four years, the latest report said, adding that the policy was originally set to expire at the end of this year.
China's State Council is considering extending tax exemption for some clean cars for another four years as the government seeks to spur consumer demand for new energy vehicles (NEVs), a Bloomberg report today said, citing people familiar with the matter.
China's chief administrative body will meet Friday to discuss a series of policy measures aimed at boosting economic development, the report said.
One of those measures may be extending the purchase tax break for electric and plug-in hybrid vehicles that cost less than RMB 300,000 yuan ($42,510), one of the people said, according to the Bloomberg report.
To support the development of fuel-efficient vehicles, China first began exempting NEVs from purchase tax in 2014, allowing most consumers who buy such models to save about RMB 10,000 relative to those who buy conventional fuel vehicles.
The policy originally expired at the end of 2017, but was extended until the end of 2020, and in March 2020, China renewed the policy until the end of 2022.
On September 26, 2022, several Chinese government departments said in an official announcement that the purchase tax exemption for NEVs will continue until the end of 2023.
As of November 10, China had exempted RMB 68.6 billion in purchase tax on NEVs in 2022, up 101.2 percent year-on-year, Wang Daoshu, deputy head of the State Taxation Administration, said in a November 16 news release last year.
China also previously provided subsidies for the purchase of NEVs, but they were not renewed when they expired at the end of last year.
Growth in China's NEV industry slowed significantly early this year after the subsidy policy was withdrawn.
From January to April, retail sales of NEVs in China were 1,841,079 units, up 36.16 percent year-on-year, according to the China Passenger Car Association (CPCA). For comparison, the growth rate for the same period last year was 124.23 percent.
($1 = RMB 7.0571)
China extends NEV purchase tax exemption until end of 2023 in official announcement
The post China mulls extending tax exemption on cheaper NEVs for another 4 years, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
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.
The post BYD Seagull sells 14,300 units in the first month after delivery appeared first on CarNewsChina.com.
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.
.
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.
($1 = RMB 7.1042)
Leapmotor would have to sell at least 400,000 units a year to break even, CEO says
The post Leapmotor delivers 12,058 units in May, higher-priced C-series dominate appeared first on CnEVPost.
For more articles, please visit CnEVPost.
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)
Zeekr releases Europe strategy, 2 models to debut in Sweden and Netherlands in Q4
The post Zeekr delivers 8,678 vehicles in May, up 7.12% from Apr appeared first on CnEVPost.
For more articles, please visit CnEVPost.
