Smart and Sustainable Electric Mobility
While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team.
(A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)
The Shanghai auto show will begin in less than 10 hours, and it will be interesting to know what analysts expect from the event.
"While auto shows have generally started to lose some significance as OEMs shifted to dedicated launch events, this year's Shanghai Auto Show (starts officially tomorrow) could be an exception," Deutsche Bank analyst Edison Yu's team said in a research note sent to investors today.
Most notably, this will be the first auto show since Covid reopened, bringing together many executives and industry observers from overseas for the first time in years, the team said.
Product cycles for electric vehicles are significantly faster compared to internal combustion engine vehicles, as automakers struggle to maintain customer attention and loyalty, meaning many of the vehicles unveiled at the show will begin delivery in short order, the team noted.
NIO (NYSE: NIO), XPeng (NYSE: XPEV) and Li Auto (NASDAQ: LI) all have new announcements coming this week, with NIO set to officially unveil its new ES6, historically its best-selling SUV, Yu's team wrote.
NIO's sales have been sluggish in recent months due to customer expectations of a platform changeover, so the new ES6 will be a very important product, with deliveries likely to begin in June, the team said.
In addition to the new ES6, NIO will also unveil the new ET7 at the Shanghai auto show, the flagship sedan whose sales in the past few months have been well below its performance in the second half of last year.
The updated version of the NIO ET7 will feature some improvements to its interior and deliveries are expected to begin in a few months, Yu's team said.
For XPeng, it will unveil its G6 SUV at the show, which Yu's team believes is the most important model for the company's ambition to reignite volume growth.
"Pricing details will likely not be finalized though as management gauges the initial consumer response. Deliveries are set to begin in June," the team wrote.
Li Auto will launch its dual-energy strategy by unveiling its all-electric solution tomorrow.
The company's first BEV will be a premium MPV and production is expected to begin by the end of this year, Yu's team noted.
Li Auto management recently said it plans to spend RMB 10 billion yuan to build 3,000 supercharging stations by 2025, and further details of this roadmap are to be expected, the team said.
In addition to these three Chinese upstarts, traditional Chinese OEMs have been very active over the past year, the team said.
So far, GAC and Zeekr have been the most consistent in terms of volume, according to the team.
Zeekr plans to bring the recently launched Zeekr X compact SUV to Europe along with the Zeekr 001 shooting brake model, and more details on the European strategy will be provided this week.
Also, BYD has been quite active, showing off its new Yangwang U9 electric supercar with the new DiSus-X body control system last week.
This week, BYD will unveil the Song L BEV and also begin taking pre-orders for the U8, a premium off-road SUV.
" The company is clearly trying to move upmarket by establishing bold 'halo' vehicles for its new brand," Yu's team wrote.
BYD also announced that the Dolphin and Seal BEVs will be available in Europe later this year. Both models will be smaller and cheaper and should compete more effectively in the low end of mass market, the team said.
In addition to local Chinese carmakers, global OEMs are also showing off new products, and upcoming new models will include the Polestar 4, Smart #3, Lexus LM and Maybach SUV BEV, the team noted.
Shanghai auto show: Full schedule of 150 press conferences for exhibitors
The post Shanghai auto show: Deutsche Bank's preview appeared first on CnEVPost.
For more articles, please visit CnEVPost.
While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team.
(A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)
The Shanghai auto show will begin in less than 10 hours, and it will be interesting to know what analysts expect from the event.
"While auto shows have generally started to lose some significance as OEMs shifted to dedicated launch events, this year's Shanghai Auto Show (starts officially tomorrow) could be an exception," Deutsche Bank analyst Edison Yu's team said in a research note sent to investors today.
Most notably, this will be the first auto show since Covid reopened, bringing together many executives and industry observers from overseas for the first time in years, the team said.
Product cycles for electric vehicles are significantly faster compared to internal combustion engine vehicles, as automakers struggle to maintain customer attention and loyalty, meaning many of the vehicles unveiled at the show will begin delivery in short order, the team noted.
NIO (NYSE: NIO), XPeng (NYSE: XPEV) and Li Auto (NASDAQ: LI) all have new announcements coming this week, with NIO set to officially unveil its new ES6, historically its best-selling SUV, Yu's team wrote.
NIO's sales have been sluggish in recent months due to customer expectations of a platform changeover, so the new ES6 will be a very important product, with deliveries likely to begin in June, the team said.
In addition to the new ES6, NIO will also unveil the new ET7 at the Shanghai auto show, the flagship sedan whose sales in the past few months have been well below its performance in the second half of last year.
The updated version of the NIO ET7 will feature some improvements to its interior and deliveries are expected to begin in a few months, Yu's team said.
For XPeng, it will unveil its G6 SUV at the show, which Yu's team believes is the most important model for the company's ambition to reignite volume growth.
"Pricing details will likely not be finalized though as management gauges the initial consumer response. Deliveries are set to begin in June," the team wrote.
Li Auto will launch its dual-energy strategy by unveiling its all-electric solution tomorrow.
The company's first BEV will be a premium MPV and production is expected to begin by the end of this year, Yu's team noted.
Li Auto management recently said it plans to spend RMB 10 billion yuan to build 3,000 supercharging stations by 2025, and further details of this roadmap are to be expected, the team said.
In addition to these three Chinese upstarts, traditional Chinese OEMs have been very active over the past year, the team said.
So far, GAC and Zeekr have been the most consistent in terms of volume, according to the team.
Zeekr plans to bring the recently launched Zeekr X compact SUV to Europe along with the Zeekr 001 shooting brake model, and more details on the European strategy will be provided this week.
Also, BYD has been quite active, showing off its new Yangwang U9 electric supercar with the new DiSus-X body control system last week.
This week, BYD will unveil the Song L BEV and also begin taking pre-orders for the U8, a premium off-road SUV.
" The company is clearly trying to move upmarket by establishing bold 'halo' vehicles for its new brand," Yu's team wrote.
BYD also announced that the Dolphin and Seal BEVs will be available in Europe later this year. Both models will be smaller and cheaper and should compete more effectively in the low end of mass market, the team said.
In addition to local Chinese carmakers, global OEMs are also showing off new products, and upcoming new models will include the Polestar 4, Smart #3, Lexus LM and Maybach SUV BEV, the team noted.
Shanghai auto show: Full schedule of 150 press conferences for exhibitors
The post Shanghai auto show: Deutsche Bank's preview appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The 500 kW chargers can charge an EV from 10 percent to 80 percent in as little as 20 minutes for a 400V model and 12 minutes for an 800V model.
(Image credit: CnEVPost)
NIO's first 500 kW ultra-fast chargers are now in operation after its first third-generation battery swap stations went live last week.
The electric vehicle (EV) maker announced the development today, saying the first 500 kW ultra-fast charging stations are put into operation in 12 cities including Haikou, Shenzhen, Shanghai and Qingdao, and three highway service areas.
500 kW is the peak power of the charging facility, which has a maximum charging current of 660 A, and NIO said the performance far exceeds that of other supercharging stations currently in the electric vehicle industry.
In charging an EV from 10 percent to 80 percent with the charger, it takes as little as 20 minutes for a 400V model and 12 minutes for an 800V model, NIO said.
The company equipped the facility with an ultra-lightweight liquid-cooled cable it developed in-house that weighs less than half of a traditional cable and can be easily operated with one hand, it said.
The charging pile has a 15.6-inch high-definition retina screen that makes it easy for users to view operational procedures and charging information, NIO said.
NIO unveiled the charger, along with the third-generation battery swap station, at the NIO Day event last December 24, and the first 10 third-generation swap stations went into operation on April 13.
The 500 kW ultra-fast charger and the third-generation battery swap stations form a new generation of all-in-one stations that intelligently allocate power, allowing the ultra-fast charger to perform more efficiently and consistently, according to NIO.
At the same time, thanks to the battery swap stations' high charge and powerful energy storage capacity, this becomes the easiest ultra-fast charging product to deploy under the same grid distribution conditions, the company said.
NIO previously announced a goal to add 1,000 new battery swap stations this year to bring the total number of the facility in China to 2,300. It also hopes to add 10,000 charging piles in China this year, including supercharging piles as well as destination charging piles.
As of April 17, NIO had 1,352 battery swap stations in China, as well as 2,488 charging stations offering 14,768 charging piles.
The post NIO's 1st 15 ultra-fast 500 kW charging stations go into operation appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The 500 kW chargers can charge an EV from 10 percent to 80 percent in as little as 20 minutes for a 400V model and 12 minutes for an 800V model.
(Image credit: CnEVPost)
NIO's first 500 kW ultra-fast chargers are now in operation after its first third-generation battery swap stations went live last week.
The electric vehicle (EV) maker announced the development today, saying the first 500 kW ultra-fast charging stations are put into operation in 12 cities including Haikou, Shenzhen, Shanghai and Qingdao, and three highway service areas.
500 kW is the peak power of the charging facility, which has a maximum charging current of 660 A, and NIO said the performance far exceeds that of other supercharging stations currently in the electric vehicle industry.
In charging an EV from 10 percent to 80 percent with the charger, it takes as little as 20 minutes for a 400V model and 12 minutes for an 800V model, NIO said.
The company equipped the facility with an ultra-lightweight liquid-cooled cable it developed in-house that weighs less than half of a traditional cable and can be easily operated with one hand, it said.
The charging pile has a 15.6-inch high-definition retina screen that makes it easy for users to view operational procedures and charging information, NIO said.
NIO unveiled the charger, along with the third-generation battery swap station, at the NIO Day event last December 24, and the first 10 third-generation swap stations went into operation on April 13.
The 500 kW ultra-fast charger and the third-generation battery swap stations form a new generation of all-in-one stations that intelligently allocate power, allowing the ultra-fast charger to perform more efficiently and consistently, according to NIO.
At the same time, thanks to the battery swap stations' high charge and powerful energy storage capacity, this becomes the easiest ultra-fast charging product to deploy under the same grid distribution conditions, the company said.
NIO previously announced a goal to add 1,000 new battery swap stations this year to bring the total number of the facility in China to 2,300. It also hopes to add 10,000 charging piles in China this year, including supercharging piles as well as destination charging piles.
As of April 17, NIO had 1,352 battery swap stations in China, as well as 2,488 charging stations offering 14,768 charging piles.
The post NIO's 1st 15 ultra-fast 500 kW charging stations go into operation appeared first on CnEVPost.
For more articles, please visit CnEVPost.
