Category: China

Smart #3 launched in China, starting at $29,600

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, '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)

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China mulls extending tax exemption on cheaper NEVs for another 4 years, report says

China is considering extending the tax exemption for NEVs priced below 300,000 yuan for another four years to spur consumer demand, Bloomberg reported.

China mulls extending tax exemption on cheaper NEVs for another 4 years, report says-CnEVPost

(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

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BYD Seagull sells 14,300 units in the first month after delivery

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 delivers 12,058 units in May, higher-priced C-series dominate

Leapmotor said the higher-priced C-series models contributed more than 83 percent of deliveries in May.

Leapmotor delivers 12,058 units in May, higher-priced C-series dominate-CnEVPost

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.

($1 = RMB 7.1042)

Leapmotor would have to sell at least 400,000 units a year to break even, CEO says

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Zeekr delivers 8,678 vehicles in May, up 7.12% from Apr

In the January-May period, delivered 32,013 vehicles, up 117.66 percent from a year earlier. The company is targeting about 140,000 deliveries this year.

Zeekr, '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

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BYD May sales breakdown: Qin 43,757 units, Song 38,014 units

From January to May, the Qin family models sold 171,534 units and the Song family sold 216,625 units.

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.

($1 = RMB 7.1063)

BYD sells record 240,220 NEVs in May, surpasses 1 million for the year

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BYD sells record 240,220 NEVs in May, surpasses 1 million for the year

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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