Category: eMobility

Leapmotor delivers record 13,209 vehicles in Jun as pivot to EREVs seems to be paying off

In June, Leapmotor's flagship C-series model delivered more than 11,600 units, contributing more than 87 percent of total deliveries.

Leapmotor delivers record 13,209 vehicles in Jun as pivot to EREVs seems to be paying off-CnEVPost

Leapmotor delivered a record number of vehicles last month, as the company's move to add extended-range electric vehicle (EREV) offerings appears to have worked to boost sales.

The company delivered 13,209 vehicles in June, surpassing the previous record of 12,525 vehicles last August, according to figures released today.

That's up 17.32 percent from 11,259 units a year ago and up 9.55 percent from 12,058 units in May.

Leapmotor delivered 33,993 vehicles in the second quarter, up 11.76 percent year-on-year and up 223.47 percent from the first quarter.

Leapmotor delivers record 13,209 vehicles in Jun as pivot to EREVs seems to be paying off-CnEVPost

In the first half of the year, the company delivered 44,502 vehicles, down 14.41 percent from 51,994 in the same period last year.

By the end of June, Leapmotor had delivered 206,171 vehicles since its inception, according to data monitored by CnEVPost.

In June, Leapmotor's flagship C-series model delivered more than 11,600 units, contributing more than 87 percent of total deliveries, the company said today.

Of the total, more than 8,900 units of the flagship SUV model, the C11 series, were delivered, it said.

Founded in 2015 and headquartered in Zhejiang, Leapmotor's models on sale include the mini vehicle T03, the coupe model S01, the flagship SUV C11, and the flagship sedan C01.

Leapmotor has been seen as a budget EV maker for the past few years, with sales mainly contributed by the inexpensive T03, which currently has a starting price range of RMB 59,900 ($8,260) to RMB 89,900.

The C11, which went on sale September 29, 2021, and the C01, which went on sale September 28, 2022, are Leapmotor's flagship models, targeting the RMB 150,000 to RMB 300,000 range.

Leapmotor delivers record 13,209 vehicles in Jun as pivot to EREVs seems to be paying off-CnEVPost

(Image credit: CnEVPost)

Deliveries of Leapmotor declined significantly starting in the fourth quarter of last year, falling to 1,139 units by January of this year, the lowest since March 2021.

To reverse the sales decline, Leapmotor announced plans last year to release an EREV model to target the market for larger plug-in hybrids. All of Leapmotor's previous models were battery electric vehicles (BEVs).

On March 1, Leapmotor officially launched the C11 EREV and offered 2023 models for the previously available BEVs, allowing for lower starting prices. Deliveries of the C11 EREV began in March.

Leapmotor will release an EREV variant of its flagship sedan, the C01, in July-August of this year, the company's founder, chairman and CEO Zhu Jiangming said previously.

Starting with the B-series models, all future new Leapmotor models will be offered in both BEV as well as EREV versions, Zhu said.

In late March, Leapmotor management said the company was targeting 200,000 units in 2023, nearly double the number of units sold in 2022.

Leapmotor delivered 111,168 vehicles in 2022, up 157.80 percent from 43,121 in 2021.

($1 = RMB 7.2523)

Leapmotor deliveries in Jun: 13,209

The post Leapmotor delivers record 13,209 vehicles in Jun as pivot to EREVs seems to be paying off appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Nio deliveries rebound to 10,707 units in Jun as new models bring relief

delivered 23,520 vehicles in the second quarter, above the lower end of the guidance range of 23,000 to 25,000 vehicles.

Nio (NYSE: NIO) deliveries rebounded to more than 10,000 units as new models, including the new ES6, ET5 Touring and new ES8, began to be delivered.

The electric vehicle (EV) maker delivered 10,707 vehicles in June, up 73.96 percent from 6,155 in May, although down 17.39 percent from 12,961 in the same month last year, according to data released today.

The delivery included 6,383 SUVs, and 4,324 sedans, Nio said, without disclosing figures for specific models.

In the second quarter, Nio delivered 23,520 vehicles, down 6.14 percent from 25,059 in the same period last year and down 24.23 percent from 31,041 in the first quarter.

The second quarter deliveries were slightly above the lower end of the guidance range of 23,000 to 25,000 vehicles it provided on June 9. Nio guided at the time that total revenue for the second quarter would be between RMB 8.742 billion ($1.2 billion) and RMB 9.37 billion.

In the first half of the year, Nio delivered 54,561 vehicles, up 7.35 percent year-on-year.

As of June 30, Nio's cumulative vehicle deliveries reached 344,117 units.

Nio management previously mentioned that the company's goal is to double deliveries this year from last year's 122,486 units.

The figures released today mean that Nio will need to deliver an average of about 32,000 vehicles per month in the second half of the year if it is to achieve that goal.

Nio's delivery rebound in June was helped by the start of deliveries of several new models, particularly the new ES6, which is crucial to it.

The company launched the new ES6, based on the NT 2.0 platform, in China on May 24, and its deliveries began that night.

(Image credit: CnEVPost)

The new ES6 is currently available in only one version in China, starting at RMB 338,000 including batteries, the cheapest Nio SUV.

NIO's overall new order intake hit a year-to-date high, boosted by the launch of the new ES6, Morgan Stanley analyst Tim Hsiao's team said in a research note sent to investors on June 5.

On June 15, Nio launched the ET5 Touring in China, priced exactly the same as the regular ET5 sedan, which currently starts at RMB 298,000. Deliveries of the model began on June 16.

Hours after the ET5 Touring was launched in China, Nio rolled out the model as well as the EL6, known as the new ES6 in China, in Europe .

Both models will be available in Germany, the Netherlands, Sweden, Denmark and Norway, and deliveries will both begin in the fourth quarter in Europe.

On June 28, Nio began deliveries in China of the new ES8, the flagship SUV launched on Nio Day 2022, December 24, 2022.

($1 = RMB 7.2523)

NIO's new order intake hits year-to-date high with launch of new ES6, Morgan Stanley says

The post Nio deliveries rebound to 10,707 units in Jun as new models bring relief appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Li Auto delivered 32,575 vehicles in June, up 150% than June 2022

In the first half of 2023, the cumulative delivery of Li Auto reached 139,113 vehicles, a yearly increase of 130%. Li Auto's sales in the first half of 2023 has already exceeded the sales for the whole year of 2022.

The post Li Auto delivered 32,575 vehicles in June, up 150% than June 2022 appeared first on CarNewsChina.com.

Xpeng delivers 8,620 vehicles in Jun, Q2 deliveries exceed guidance range

delivered 8,620 vehicles in June, up 14.84 percent from May and the fifth straight month of sequential growth. First deliveries of the G6 will begin later this month.

Xpeng (NYSE: XPEV) deliveries continued to improve modestly ahead of the start of deliveries of the new SUV G6.

The electric vehicle (EV) maker delivered 8,620 vehicles in June, up 14.84 percent from May and its fifth straight month of improvements sequentially, despite a 43.64 percent decline from a year ago, data released today showed.

Deliveries of Xpeng's flagship sedan P7 series rose 17 percent in June from the previous month, it said, without disclosing specific figures.

The company delivered 23,205 vehicles in the second quarter, up 27.29 percent from the first quarter but down 32.59 percent from the previous year.

The second-quarter deliveries were above the upper end of Xpeng's previous guidance range of 21,000 to 22,000 vehicles. It guided for second quarter revenue of between RMB 4.5 billion ($620 million) and RMB 4.7 billion.

In the first half of the year, Xpeng delivered 41,435 vehicles, a 39.93 percent decrease from 68,983 vehicles in the same period last year.

As of June 30, Xpeng's cumulative deliveries since inception were 300,145 vehicles, surpassing the 300,000 mark, data monitored by CnEVPost showed.

Xpeng launched its new SUV, the G6, in China on June 29 at a price significantly lower than its main competitor, the (NASDAQ: TSLA) Model Y.

The company is offering five versions of the G6 with starting prices of RMB 209,900, RMB 229,900, RMB 234,900, RMB 254,900 and RMB 276,900, respectively.

The starting price is RMB 15,100 lower than Xpeng's G6 pre-sale starting price of RMB 225,000 announced on June 9, and RMB 54,000 lower than the Model Y's starting price of RMB 263,900 in China.

Xpeng chairman and CEO He Xiaopeng said at the G6 launch event that the G6 had more than 35,000 pre-sale orders as of June 28 since pre-sale began on June 9.

(Image credit: CnEVPost)

The G6 is expected to become the top-selling smart electric SUV priced at the RMB 250,000 level in China within two months, he said.

In an interview with local media on June 30, Mr. He said the monthly sales target for the G6 is at least 10,000 units.

Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives, Xpeng said today.

Xpeng's ADAS feature, XNGP, will be available immediately upon delivery of all G6 Max versions, it said, adding that it plans to roll out its "AI Valet Driver" feature for all XNGP-equipped vehicles beginning in the fourth quarter.

The "AI Valet Driver" mode allows users to customize smart driving routes to their preferences in multiple Chinese cities, making driving in everyday driving scenarios safer and more efficient, the company said.

($1 = RMB 7.2523)

Xpeng targets G6 monthly sales of over 10,000

The post Xpeng delivers 8,620 vehicles in Jun, Q2 deliveries exceed guidance range appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Tesla offers up to $6,200 discounts for Model S and Model X in China

is offering discounts of RMB 35,000 to RMB 45,000 in China for the full lineup of Model S and Model X, which saw deliveries in the country begin at the end of March.

(Image from Tesla Weibo)

Tesla (NASDAQ: TSLA) is offering big discounts in China for its two higher-priced models that aren't made locally, likely in part because sales of those vehicles being imported to China are performing below expectations.

The US electric vehicle (EV) maker today announced what it calls an inventory car purchase incentive for the Model S and Model X on Weibo, with discounts of up to 45,000 yuan ($6,200), even though the prices for both models remain unchanged on Tesla's website.

Prices start at RMB 773,900 for the dual-motor all-wheel drive Model S and RMB 988,900 for the tri-motor all-wheel drive Model S Plaid, as per Tesla's published discounted prices.

Compared to the prices displayed on the Tesla China website of RMB 808,900 and RMB 1,028,900, these two versions of the Model S offer discounts of RMB 35,000 and RMB 40,000 respectively.

The discounted prices start at RMB 863,900 for the Model X dual motor AWD version and RMB 1,013,900 for the Model X Plaid tri-motor AWD version.

This is RMB 35,000 and RMB 45,000 lower than the RMB 898,900 and RMB 1,058,900, respectively, displayed on Tesla's China website.

In addition to these cash offers, Tesla is also encouraging owners to refer friends to purchase the two models.

If a customer purchases the Model S and Model X on the recommendation of someone else, they will receive an additional RMB 7,000 bonus, free Supercharging benefits for 3 or 6 years, and 90 days of free Enhanced Autopilot (EAP) access. The referrer will then receive 48,000 bonus points that can be redeemed for Supercharging miles.

On January 6, Tesla announced the prices of the Model S and Model X in China at the same time as it significantly reduced the prices of the locally produced Model 3 and Model Y.

At that time, the starting price of Model S was RMB 789,900 and Model S Plaid was RMB 1,009,900. Model X started at RMB 879,900 and Model X Plaid was 1,039,900.

On February 28, six new Tesla Model S and Model X entered Chinese customs, the first time these two models were imported into China. In mid-March, a new batch of 867 new Tesla Model S and Model X vehicles were imported into China.

On March 27, Tesla announced that deliveries of the new Model S and Model X in China officially began.

On May 5, the prices of the full line of both the new Model S and Model X models in China were raised by RMB 19,000. Since then, the prices of both models in China have remained unchanged.

Tesla has a factory in Shanghai that produces the Model 3 and Model Y. The factory delivered 77,695 vehicles in May, including 42,508 in China and 35,187 for export, according to the China Passenger Car Association (CPCA).

The Model Y sold 31,054 units at retail in China in May and was the best-selling SUV for the month, according to a ranking by the CPCA.

($1 = 7.2523 RMB)

Tesla starts offering insurance subsidies for car purchases in China again

The post Tesla offers up to $6,200 discounts for Model S and Model X in China appeared first on CnEVPost.

For more articles, please visit CnEVPost.

driive.com
All about Smart and Sustainable Mobility

Archives

November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930