Category: Industry News

VW to set up new €1 billion firm in China that promises to shorten product development time by 30%

The new company, 100%TechCo, is scheduled to be operational in early 2024 and will have more than 2,000 procurement and R&D staff in the future.

VW to set up new €1 billion firm in China that promises to shorten product development time by 30%-CnEVPost

(Image credit: Volkswagen China)

German auto giant Volkswagen is increasing its investment in China to stay relevant in the world's most competitive electric vehicle market.

Volkswagen is investing around 1 billion euros ($1.1 billion) in a new company with the project name "100%TechCo"in Hefei, Anhui province in eastern China, according to a press release from the company yesterday.

The new company will focus on the development, innovation and procurement of smart connected electric vehicles, with functions including vehicle and component development, and is expected to reduce the development times of new products and technologies by about 30 percent, the release said.

The new company, which is scheduled to be operational in early 2024, will comprise more than 2,000 employees from procurement and R&D, with Marcus Hafkemeyer, Chief Technology Officer of Volkswagen Group China, as CEO.

The establishment of 100%TechCo is a milestone in Volkswagen's "in China for China" strategy, the automaker said.

VW to set up new €1 billion firm in China that promises to shorten product development time by 30%-CnEVPost

The new company will integrate advanced technologies from local suppliers at an early stage of product development, enabling model offerings to be more responsive to Chinese customer needs, it said.

The 100%TechCo will also help bring Volkswagen's joint ventures in China -- SAIC Volkswagen, FAW Volkswagen and VW Anhui -- into closer synergy with their R&D programs and optimize profitability, according to the release.

At the Shanghai auto show, which began yesterday, Volkswagen Group brands brought 20 electric models, including the ID.7, which made its world debut.

By 2030, Volkswagen will have more than 30 all-electric models across its brands, it said.

(1 $= EUR 0.9113)

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

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Polestar 4 launched in China with starting price of $50,870

The Polestar 4 went on sale in China on the first day of the Shanghai auto show with a starting price range of RMB 349,800 to 533,800, significantly higher than the Model Y.

(Image credit: Polestar)

Polestar 4, the new model from Polestar, the premium electric vehicle maker owned by Geely and Volvo Cars, went on sale in China with a starting price range that is higher than Tesla's Model Y.

Polestar launched the Polestar 4 yesterday on the first day of the Shanghai auto show, with a starting price range of RMB 349,800 ($50,870) to 533,800.

The car is available in six versions, including three single-motor versions with starting prices of RMB 349,800, 387,800 and 417,800 respectively, and three dual-motor versions with starting prices of RMB 453,800, 483,800 and 533,800 respectively.

This price range is significantly higher than that of the Model Y, currently the best-selling electric SUV in China, which is offered in three versions at RMB 261,900, 311,900, and 361,900.

The Polestar 4's single-motor rear-drive versions are powered by permanent magnet synchronous motors with a maximum power of 200 kW and a maximum torque of 343 Nm, accelerating from 0 to 100 km/h in 7.4 seconds.

Its dual-motor versions have two permanent magnet synchronous motors both with a maximum power of 200 kW at the front and rear, for a combined total of 400 kW, and accelerate from 0 to 100 km/h in 3.8 seconds.

For comparison, the entry-level rear-wheel-drive Tesla Model Y accelerates from 0-100 km/h in 6.9 seconds, the dual-motor all-wheel drive Model Y Long Range in 5.0 seconds, and the dual-motor all-wheel drive Model Y Performance in 3.7 seconds.

The Polestar 4 is available in two battery packs, with capacities of 88 kWh and 102 kWh, the former being used in the two least expensive versions and the latter in the other four versions.

The Polestar 4 has a CLTC range of 612 km to 709 km.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is the brand's first real production model on sale and will only be produced at the plant in Taizhou, Zhejiang province, in eastern China.

Polestar made the Polestar 3 SUV's global debut on October 12, 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China at a price that is nearly RMB 200,000 lower than the model's international debut last year.

($1 = RMB 6.8760)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

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Toyota’s electric sedan bZ3 with BYD battery and motor officially launched in China

FAW Toyota began pre-sales of the bZ3 on March 6, with orders reaching 5,000 units as of April 16.

Toyota's electric sedan bZ3 with BYD battery and motor officially launched in China-CnEVPost

(Image credit: FAW Toyota)

Toyota's first all-electric sedan, the bZ3, was officially launched in China, after the BYD battery- and motor-equipped model went on pre-sale early last month.

Toyota's joint venture in China, FAW Toyota, officially made the bZ3 available at a launch event yesterday, offering three versions with starting prices of RMB 169,800 ($24,710), 189,800 and 199,800 respectively.

The model was unveiled in China on October 25 last year and is the second model in Toyota's bZ series after the bZ4X SUV.

On March 6, FAW Toyota started the pre-sale of the bZ3 with a price range of RMB 169,800 - 199,800. The official launch prices announced yesterday were the same as the pre-sale prices.

As of April 16, orders for the bZ3 reached 5,000 units, FAW Toyota said yesterday.

Toyota's electric sedan bZ3 with BYD battery and motor officially launched in China-CnEVPost

Unlike the approach of many local car companies, the bZ3 began its first deliveries at the same time as its official launch.

The car is a midsize electric sedan based on the Toyota e-TNGA architecture. It measures 4,725 mm in length, 1,835 mm in width and 1,475 mm in height, with a wheelbase of 2,880 mm and a wind resistance coefficient of as low as 0.218 cd.

The FAW Toyota bZ3 will be equipped with an electric motor and blade battery pack supplied by BYD, and will use an in-car system developed by BYD Toyota EV Technology, a joint venture between BYD and Toyota.

The bZ3 is equipped with a single rear-mounted electric motor, available in 135 kW and 180 kW sizes, both with a peak torque of 303 Nm. This configuration allows the sedan to accelerate from 0 to 50 km/h in 3.2 seconds.

The car is available in two range versions, with CLTC ranges of 517 km and 616 km, and with battery packs of 49.9 kWh and 65.3 kWh respectively.

The FAW Toyota bZ3 supports fast charging, taking 27 minutes to replenish energy from 30 percent to 80 percent on a DC charge.

(1 $= RMB 6.8713)

Toyota's electric sedan bZ3 with BYD battery and motor officially launched in China-CnEVPost

Toyota cuts bZ4X electric SUV price in China by $4,420

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Shanghai auto show: Full schedule of 150 press conferences for exhibitors

NIO will hold 2 press conferences on April 18 from 10:00-10:20 and on April 19 from 14:00-14:30.

Shanghai auto show: Complete map about exhibitors' booths-CnEVPost

As the first major auto show after the Covid opening in China, the Shanghai auto show, which will start next week, is highly anticipated, with more than 100 press conferences by car companies and supply chain players on media days.

The show will be held at the National Exhibition and Convention Center from April 18-27, with media days from April 18-19 and professional visitor days from April 20-21, while the general public can enter from April 22-27.

From April 18 to April 19, car companies and other exhibitors will hold 150 press conferences, according to information released yesterday by Shanghai auto show organizers.

NIO (NYSE: NIO), whose booth is 6A01 in Hall 6.1, will hold one press conference on April 18 from 10:00-10:20 and one on April 19 from 14:00-14:30, according to the information, which has not been officially announced by NIO.

(NYSE: XPEV), whose booth is 6A08 in Hall 6.1, will hold its press event on April 18 from 09:40-10:00.

XPeng announced yesterday that it will debut its next production model on the morning of April 18, with a live broadcast to air from 09:40 - 10:00 am Beijing time.

XPeng didn't mention the model's name, but it's apparently the G6, an SUV that will compete with the Model Y.

(NASDAQ: LI), whose booth is 6A04, also located in Hall 6.1, will hold a press event on April 18 from 09:20 - 09:40.

BYD (OTCMKTS: BYDDY) will be at booth 7A06 in Hall 7.1, and will hold a presentation on April 18 from 10:20-10:40.

BYD's high-end Yangwang brand's booth is 8A05 in Hall 8.1, and it will hold its event on April 18 from 09:40-10:00.

's booth is 6A07, located in Hall 6.1, and it will hold a presentation on April 18 from 10:40-11:00.

's booth is 6A11, located in Hall 6.1, and it will launch on April 18 from 11:20-11:40.

The auto show attracted more than 1,000 companies with a total exhibition area of over 360,000 square meters.

Thirteen indoor halls of the National Exhibition and Convention Center were used, including nine passenger car halls -- 3H, 4.1H, 5.1H, 6.1H, 6.2H, 7.1H, 7.2H, 8.1H and 8.2H.

Automotive technology and supply chain companies are in 3 halls -- 1.2H, 2.1H , 2.2H. 5.2H is the media area.

Below table is the schedule of all 150 conferences compiled by CnEVPost based on the information provided by the organizers of Auto Shanghai 2023.

Shanghai auto show: Complete map about exhibitors' booths

Shanghai auto show exhibitors' press conference schedule

HallExhibitorBoothDateTime
Hall 1.2Antolin1BC01018-Apr15:00-15:30
Hall 1.2Changan1BC01318-Apr14:00-14:30
Hall 1.2Mingxin Automotive1BC01619-Apr14:00-14:20
Hall 1.2Baosteel 1BF00319-Apr9:30-10:00
Hall 1.2Forvia1BF00519-Apr10:00-10:30
Hall 1.2ZF1BF00618-Apr13:00-13:30
Hall 1.2Midea Welling1BF01919-Apr10:00-10:30
Hall 1.2Sunwoda1BH00218-Apr15:00-15:30
Hall 1.2Sunwoda1BH00220-Apr15:00-15:30
Hall 1.2ElringKlinger1BH00819-Apr14:00-14:30
Hall 2.1Didi Autonomous Driving2AC00818-Apr10:00-11:00
Hall 2.1Global Technology2AF00820-Apr9:00-12:00
Hall 2.1Bynav Technology2AH00220-Apr10:30-11:00
Hall 2.2Raythink2BA00619-Apr14:00-14:30
Hall 2.2Benewake2BA00819-Apr10:00-10:30
Hall 2.2LiangDao2BA01219-Apr11:00-11:30
Hall 2.2LeiShen Intelligence2BA013b19-Apr11:30-12:00
Hall 2.2LeiShen Intelligence2BA013b20-Apr10:30-11:00
Hall 2.2Mxnavi2BAO16B20-Apr14:00-14:30
Hall 2.2Leekr2BB00118-Apr13:30-14:00
Hall 2.2EVK2BB007B18-Apr11:30-11:50
Hall 2.2Valeo2BC 00519-Apr12:00-12:30
Hall 2.2Continental2BC 00719-Apr9:40- 10:10
Hall 2.2Mobis2BC 00919-Apr10:30-11:00
Hall 2.2Westwell2BC00118-Apr10:00-10:30
Hall 2.2NavInfo2BC00318-Apr14:30-15:00
Hall 2.2Webasto2BC00618-Apr13:00-13:30
Hall 2.2Desay SV2BC00818-Apr10:30-11:00
Hall 2.2Zhuzhou CRRC Times Electric2BD00118-Apr9:30-10:00
Hall 2.2Autoliv2BD00319-Apr13:00-13:30
Hall 2.2Schaeffler2BD00518-Apr13:30-14:00
Hall 2.2BorgWarner2BD006A18-Apr14:00-14:30
Hall 2.2Freetech2BD01019-Apr13:30-14:00
Hall 2.2Highly New Energy2BE00218-Apr11:00-11:30
Hall 2.2Chuhang Technology 2BF003A19-Apr15:00-15:30
Hall 2.2Hongjing Drive2BF01319-Apr10:00-10:30
Hall 2.2Appotronics2BF02218-Apr15:30-16:00
Hall 2.2Appotronics2BF02219-Apr11:30-12:00
Hall 2.2Appotronics2BF02219-Apr15:30-16:00
Hall 2.2Tanway2BG00319-Apr10:00-10:30
Hall 3SAIC Maxus3A0318-Apr11:10-11:30
Hall 3IM Motors3A0418-Apr10:00-11:00
Hall 3IM Motors3A0418-Apr14:00-14:30
Hall 3Rising Auto3A0618-Apr13:30-14:00
Hall 3SAIC MG3A0718-Apr13:00-13:30
Hall 3SAIC Audi3A1018-Apr11:30-11:50
Hall 4.1Smart4A0118-Apr11:40-12:00
Hall 4.1Denza4A0318-Apr11:20-11:40
Hall 4.1Bejing Hyundai4A0418-Apr10:20-10:40
Hall 4.1Jiangling4A0518-Apr09:20-09:40
Hall 4.1Shenlan4A0618-Apr10:00-10:20
Hall 4.1Mercedes-Benz4A0718-Apr10:40-11:00
Hall 4.1Mercedes-EQ4A0718-Apr11:00-11:20
Hall 4.1Arcfox4A0818-Apr09:40-10:00
Hall 4.1BAIC Group4A0918-Apr09:00-09:20
Hall 4.1BAIC Foton4A0918-Apr13:30-14:00
Hall 4.1Skyworth Auto4A1118-Apr14:00-14:30
Hall 4.1Visteon4A1318-Apr14:30-15:00
Hall 5.1Hongqi5A0118-Apr09:00-09:20
Hall 5.1Volkswagen5A0218-Apr09:20-09:40
Hall 5.1Changan Mazda5A0318-Apr10:40-11 :00
Hall 5.1Toyota Boshoku5A0419-Apr14:00-14:30
Hall 5.1Jetta5A0518-Apr10:20-10:40
Hall 5.1Audi5A0618-Apr09:40-10:00
Hall 5.1Geely Auto5A0718-Apr10:00-10:20
Hall 5.1China Mobile5A0818-Apr11:00-11:20
Hall 5.1Unity China5A0920-Apr10:30-11:00
Hall 6.1NIO6A0118-Apr10:00-10:20
Hall 6.1NIO6A0119-Apr14:00-14:30
Hall 6.1Lynk & Co6A0318-Apr11:00-11:20
Hall 6.1Li Auto6A0418-Apr09:20-09:40
Hall 6.1Ora6A0518-Apr09:00-09:20
Hall 6.1Ora6A0519-Apr10:30-11:00
Hall 6.1Zeekr6A0718-Apr10:40-11:00
Hall 6.1XPeng 6A0818-Apr09:40-10:00
Hall 6.1Hycan6A1018-Apr10:20-10:40
Hall 6.1Neta6A1118-Apr11:20-11:40
Hall 6.1Innovusion6A1218-Apr13:30-14:00
Hall 6.1FinDreams6A1318-Apr14:00-14:30
Hall 6.1FinDreams6A1319-Apr11 :00-11:30
Hall 6.2Dongfeng M Hero6B0118-Apr10:00-10:20
Hall 6.2Jaguar Land Rover6B0218-Apr09:00-09:20
Hall 6.2Lexus6B0318-Apr09:40-10:00
Hall 6.2Voyah6B0418-Apr10:40-11:00
Hall 6.2Wey6B0518-Apr11:20-11:40
Hall 6.2Tank6B0518-Apr11:40-12:00
Hall 6.2Tank6B0518-Apr16:00-16:30
Hall 6.2Tank6B0519-Apr10:00-10:30
Hall 6.2Genesis6B0618-Apr10:20-10:40
Hall 6.2Polestar6B0718-Apr09:20-09:40
Hall 6.2Avatr6B0918-Apr11:00-11:20
Hall 6.2Lincoln6B1018-Apr12:00-12:30
Hall 6.2Horizon Robotics6B1218-Apr13:00-13:30
Hall 6.2Horizon Robotics6B1219-Apr09:00-10:00
Hall 6.2Horizon Robotics6B1219-Apr14:00-15:00
Hall 7.1Mini7A0118-Apr09:40-10:00
Hall 7.1BMW7A0218-Apr09:20-09:40
Hall 7.1HiPhi7A0318-Apr10:00-10:20
Hall 7.1Yuanhang7A0418-Apr09:00-09:20
Hall 7.1Haval7A0518-Apr11:00-11:20
Hall 7.1Great Wall Cannon7A0519-Apr11:00-11:30
Hall 7.1BYD Auto7A0618-Apr10:20-10:40
Hall 7.1Bosch7A0918-Apr13:00-13:30
Hall 7.1Brabus7A1018-Apr13:30-14:00
Hall 7.1SemiDrive7A1119-Apr13:30-14:00
Hall 7.1Zhilu Space7A1219-Apr10:30-11:00
Hall 7.1SemiDrive7All19-Apr10:00-10:30
Hall 7.2Nissan7B0118-Apr11:00-11:20
Hall 7.2Nissan7B0119-Apr10:00-10:30
Hall 7.2Dongfeng Motor7B0218-Apr09:00-09:20
Hall 7.2iCAR7B0318-Apr10:40-11:00
Hall 7.2Honda7B0418-Apr12:30-13:00
Hall 7.2JAC Group7B0618-Apr11:20-11:40
Hall 7.2JAC Group7B0618-Apr12:00-12:30
Hall 7.2Jetour7B0918-Apr14:00-14:30
Hall 7.2Chery7B1018-Apr10:00-10:20
Hall 7.2Chery7B1018-Apr13:00-13:30
Hall 7.2Exeed7B1118-Apr10:20-10:40
Hall 7.2Dongfeng Peugeot7B1218-Apr09:40-10:00
Hall 7.2REPT7B1318-Apr13:30-14:00
Hall 7.2REPT7B1319-Apr10:30-11:00
Hall 8.1Ducati8A0118-Apr16:00-16:30
Hall 8.1Mansory8A0218-Apr14:00-14:30
Hall 8.1Bentley8A0318-Apr11:00-11:20
Hall 8.1Lorinser8A0418-Apr12:30-13:00
Hall 8.1Yangwang8A0518-Apr09:40-10:00
Hall 8.1Honda Motorcycle8A0618-Apr13:30-14:00
Hall 8.1Porsche8A0718-Apr10:20-10:40
Hall 8.1Horwin8A0818-Apr15:30-16:00
Hall 8.1Speed Auto8A1118-Apr13:00-13:30
Hall 8.1Jinghang8A1618-Apr15:00-15:30
Hall 8.1Harley-Davidson8A1718-Apr12:00-12:30
Hall 8.1Maserati8A2018-Apr09:20-09:40
Hall 8.1Lamborghini8A2118-Apr10:40-11:00
Hall 8.1Kede8A2318-Apr14:30-15:00
Hall 8.1Rolls-Royce Motor Cars8A2418-Apr10:00-10:20
Hall 8.1Lotus8A2518-Apr11 :40-12:00
Hall 8.1Bufite8A2619-Aprl1 6:00-16:30
Hall 8.2Subaru8B0118-Apr11:00-11:20
Hall 8.2FAW Bestune8B0218-Apr10:20-10:40
Hall 8.2Changan8B0318-Apr11:40-12:00
Hall 8.2Ford Motor8B0418-Apr10:40-11:00
Hall 8.28B0518-Apr15:00-15:30
Hall 8.2CATL8B0519-Apr10:00-10:30
Hall 8.2GAC Trumpchi8B0618-Apr09:20-09:40
Hall 8.2GAC Aion8B0718-Apr09:40-10:00
Hall 8.2Toyota8B0818-Apr09:00-09:20
Hall 8.2Livan8B0918-Apr11:20-11:40
Hall 8.2Kia8B1018-Apr10:00-10:20
Hall 8.2Black Sesame8B1218-Apr13:00-13:30

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Buick launches electric SUV Electra E5 in China with competitive pricing

The Electra E5 is comparable in size to the FAW-Volkswagen ID.6 CROZZ, but priced about RMB 50,000 less than the latter.

Buick launches electric SUV Electra E5 in China with competitive pricing-CnEVPost

(Image credit: Buick)

General Motors' Buick brand has officially launched its first electric model based on the Ultium platform, and competitive pricing makes it one worth watching.

Buick made the Electra E5 available at a launch event on April 13, offering five versions with starting prices of RMB 208,900 ($30,510), 222,900, 225,900, 239,900, and 278,900 respectively.

The vehicle is a five-seat SUV with a length, width and height of 4,892 mm, 1,905 mm and 1,655 mm, respectively, and a wheelbase of 2,954 mm.

Buick launches electric SUV Electra E5 in China with competitive pricing-CnEVPost

The car is available in 3 range versions with CLTC ranges of 545 km, 603 km and 620 km.

Its highest-priced version with a range of 603 km is a dual-motor four-wheel drive version, while the other versions are single-motor ones.

The version with the lowest range has an electric motor with a maximum power of 180 kW and uses a ternary lithium battery with a battery pack capacity of 68 kWh.

The version with the highest range has a motor with a maximum power of 150 kW and uses a ternary lithium battery pack with a capacity of 80 kWh.

Buick launches electric SUV Electra E5 in China with competitive pricing-CnEVPost

The four-wheel drive version of the Electra E5 has a front permanent magnet synchronous motor with a maximum power of 143 kW and a maximum torque of 305 Nm and a rear induction asynchronous motor with a maximum power of 68 kW and a maximum torque of 160 Nm. It is powered by an 80 kWh ternary lithium battery pack.

The car is equipped with Buick's next-generation Virtual Cockpit System (VCS), as well as the next-generation Super Cruise assisted driving system.

Buick launches electric SUV Electra E5 in China with competitive pricing-CnEVPost

The Electra E5 is comparable in size to the FAW ID.6 CROZZ, but has a lower price tag.

The ID.6 CROZZ has a length, width and height of 4891 mm, 1848 mm and 1679 mm, respectively, and a wheelbase of 2965 mm. It is currently available in four versions at suggested retail prices of RMB 259,888, RMB 285,888, RMB 293,888 and RMB 338,888, respectively.

On the day of the Electra E5's release, a discussion on Weibo about Buick offering a low-to-the-floor price became a trending topic.

Buick launches electric SUV Electra E5 in China with competitive pricing-CnEVPost

($1 = RMB 6.8462)

GM plans to launch over 15 EV models in China by 2025

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Hesai unveils ultra-thin LiDAR ET25 that can be placed behind windshield

The Hesai ET25 is an in-cockpit LiDAR designed to be placed behind the front windshield, with the help of Fuyao's special windshield to solve the signal attenuation problem.  |  Hesai US

(Image credit: Hesai)

Some have complained that roof-mounted LiDARs have ruined the design aesthetic of (NYSE: ) and (NASDAQ: LI) vehicles.

Now, a new product from a local LiDAR maker promises to make future vehicles with LiDAR on the roof without design compromises.

Hesai (NASDAQ: HSAI) today officially unveiled its new LiDAR, called ET25, which it says is an in-cockpit LiDAR designed to be placed behind the front windshield.

The ET25 is an ultra-thin, long-range LiDAR, with "ET" standing for Extremely Thin and "25" referring to its height of only 25 mm.

The LiDAR will be mounted behind the windshield, which allows for a smoother body design without compromising wind resistance, according to Hesai.

At the same time, the design allows the device to clear the view when it is covered with dust, rain or fog with the help of the vehicle's wipers alone, the company said.

Unlike (NASDAQ: TSLA), which relies on pure vision solutions for its autonomous driving technology, local Chinese car companies prefer to get better environmental awareness by equipping their vehicles with LiDARs.

Among the common solutions available today, NIO and Li Auto both put LiDARs on the roof of the vehicle, but at the expense of aesthetics to some extent. NIO's LiDAR supplier is Innovusion backed by NIO Capital, and Li Auto's supplier is Hesai.

, on the other hand, mounts LiDARs near the headlights, such as the G9 and P7i, and the P5, but some are concerned that this location is vulnerable to damage. The LiDAR supplier for the G9 and P7i is RoboSense.

It is worth noting that Hesai's latest solution may raise concerns about the attenuation of LiDAR-emitted signals when they are blocked by glass.

Conventional automotive glass causes severe signal attenuation of the near-infrared laser emitted by LiDAR when it encounters glass, which does not meet the need for range and resolution, said Hesai.

In addition, how to effectively integrate LiDAR with other devices mounted behind the windshield, such as cameras and rain sensors, is also a great challenge when installing the device into the cockpit, it said.

To address these challenges, Hesai announced a strategic partnership with automotive glass giant Fuyao to advance the adoption of this new LiDAR while unveiling the ET25.

Fuyao's specially made front windshield solves the challenge of signal attenuation in the cockpit caused by ordinary glass when LiDAR is running, Hesai said.

The use of this specially treated glass in the KOZ (Keep Out Zone) area of the LiDAR allows the ET25 to perform without compromise, according to Hesai.

At just 25 mm thick, the ET25 is nearly half as thin as the Hesai AT128, but instead of sacrificing performance, it is more powerful, the company said.

It has a FOV of 120° (H) x 25° (V) and can detect up to 250 meters without a windshield and up to 225 meters behind a windshield, according to Hesai.

With a point frequency of more than 3 million per second and a minimum resolution of just 0.05° x 0.05°, the ET25 brings ultra-high-definition, long-range 3D perception to smart cars, it said.

The ET25 uses Hesai's in-house developed laser transceiver chip to make the receiver chip several times more sensitive, it said, adding that the product can increase the ranging capability of a 905 nm LiDAR to more than 250 m for objects with 10 percent reflectivity.

With only 12 W of power, the LiDAR has excellent thermal performance and can operate continuously in the cockpit for long periods of time, maintaining high performance even on hot summer days, it said.

The ET25 operates at less than 25 decibels in the cockpit, which is lower than the noise level in a quiet library, meeting the NVH requirements in the cockpit of a luxury electric vehicle brand, Hesai said.

Founded in Shanghai in late 2014, Hesai initially focused on developing high-performance laser sensors and has been exploring driverless LiDAR products since 2016.

On February 9, the company completed its NASDAQ debut, becoming the first Chinese LiDAR manufacturing company to list in the US.

LiDAR-maker Hesai posts Q4 revenue growth of 56.6% YoY in 1st earnings report since US IPO

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Full CPCA rankings: Top-selling models and automakers in China in Mar

This article shares the CPCA's rankings of the best-selling models and car companies in China for March.

The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese auto industry.

CnEVPost highlighted the NIO ET5 and Tesla's Model Y on these lists in yesterday's articles.

Here are 20 tables that CnEVPost put together based on data from the CPCA, if you wish to know more details about these rankings.

Automakers with highest retail sales in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1192,289103,22986.3%12.1%
2FAW-Volkswagen146,816126,13316.4%9.2%
3Changan93,073120,437-22.7%5.9%
4Geely90,17593,378-3.4%5.7%
5SAIC-Volkswagen84,01978,0187.7%5.3%
6Tesla China76,66365,75416.6%4.8%
7SAIC-GM65,02170,021-7.1%4.1%
8FAW Toyota62,34758,2397.1%3.9%
9GAC Toyota60,62688,048-31.1%3.8%
10BMW Brilliance58,32042,62336.8%3.7%
11Great Wall Motor50,71074,071-31.5%3.2%
12Beijing Benz49,53045,5528.7%3.1%
13Dongfeng Nissan49,41667,821-27.1%3.1%
14SAIC-GM-Wuling49,19970,841-30.6%3.1%
15Chery46,28645,9630.7%2.9%
Automakers with highest retail sales in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD508,706287,36377.0%11.9%
2FAW-Volkswagen368,762421,852-12.6%8.6%
3Changan302,898324,675-6.7%7.1%
4Geely269,701294,495-8.4%6.3%
5SAIC-Volkswagen238,650295,793-19.3%5.6%
6GAC Toyota188,768228,779-17.5%4.4%
7SAIC-GM173,063263,063-34.2%4.1%
8BMW Brilliance164,429168,707-2.5%3.9%
9FAW Toyota156,104159,397-2.1%3.7%
10Dongfeng Nissan151,753242,341-37.4%3.6%
11SAIC-GM-Wuling150,771216,579-30.4%3.5%
12Beijing Benz138,742148,304-6.4%3.3%
13Tesla China137,429108,30026.9%3.2%
14Great Wall Motor127,915219,478-41.7%3.0%
15Chery126,555156,157-19.0%3.0%
Automakers with highest retail sales of NEVs in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1BYD192,289103,22986.3%35.4%
2Tesla China76,66365,75416.6%14.1%
3GAC Aion40,01620,31797.0%7.4%
4SAIC-GM-Wuling27,84846,791-40.5%5.1%
5Geely26,92313,63397.5%5.0%
6Changan23,77915,23356.1%4.4%
7Li Auto20,82311,03488.7%3.8%
8NIO10,3789,9853.9%1.9%
9Great Wall Motor8,46214,999-43.6%1.6%
10BAIC Motor8,1354,11297.8%1.5%
11BMW Brilliance7,6294,13384.6%1.4%
12FAW-Volkswagen7,3947,2322.2%1.4%
13SAIC-Volkswagen7,1236,5438.9%1.3%
14XPeng7,00215,414-54.6%1.3%
15Neta6,36012,026-47.1%1.2%
Automakers with highest retail sales of NEVs in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD508,706282,68680.0%38.8%
2Tesla China137,429108,30026.9%10.5%
3GAC Aion80,30844,87479.0%6.1%
4SAIC-GM-Wuling77,701105,227-26.2%5.9%
5Changan60,67430,64598.0%4.6%
6Geely59,59744,73533.2%4.5%
7Li Auto52,58431,71665.8%4.0%
8NIO31,04125,76820.5%2.4%
9Neta22,44930,152-25.5%1.7%
10BMW Brilliance21,33412,11976.0%1.6%
11Great Wall Motor20,93634,719-39.7%1.6%
12XPeng18,23034,561-47.3%1.4%
13FAW-Volkswagen16,96517,674-4.0%1.3%
14Chery16,12550,072-67.8%1.2%
15FAW Hongqi14,5712,584463.9%1.1%
Automakers with highest wholesale sales in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1BYD206,089104,33897.5%10.4%
2FAW-Volkswagen165,484122,19735.4%8.3%
3Changan152,426132,48315.1%7.7%
4Chery115,69973,67457.0%5.8%
5Geely110,300101,1669.0%5.5%
6Tesla China88,86965,81435.0%4.5%
7SAIC Passenger Cars81,47861,01233.5%4.1%
8GAC Toyota81,30097,006-16.2%4.1%
9SAIC-Volkswagen81,019110,018-26.4%4.1%
10Great Wall Motor70,25982,475-14.8%3.5%
11GAC Honda70,11076,833-8.8%3.5%
12Dongfeng Nissan63,78362,3352.3%3.2%
13SAIC-GM62,80088,523-29.1%3.2%
14FAW Toyota61,85769,957-11.6%3.1%
15BMW Brilliance61,62835,72372.5%3.1%
Top-selling sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BYD Qin43,23024,79174.4%
2BYD Dolphin27,68710,448165.0%
3Aion S26,3926,798288.2%
4Volkswagen Lavida24,42721,33114.5%
5Nissan Sylphy23,17030,240-23.4%
6Wuling Hongguang Mini23,15941,980-44.8%
7Tesla Model 321,72626,024-16.5%
8Honda Accord20,15814,85535.7%
9Volkswagen Sagitar17,93815,14818.4%
10Toyota Corolla16,92515,4749.4%
11Audi A6L15,6149,45365.2%
12Changan Eado15,36720,353-24.5%
13Mercedes-Benz C-Class14,1459,41550.2%
14Geely Emgrand14,03716,336-14.1%
15BMW 3 Series13,9248,51963.4%
Top-selling sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Qin87,95575,83416.0%
2Nissan Sylphy72,779108,741-33.1%
3Volkswagen Lavida72,61393,326-22.2%
4Wuling Hongguang Mini69,84294,778-26.3%
5BYD Dolphin67,95129,611129.5%
6Volkswagen Sagitar52,91955,423-4.5%
7Aion S48,31017,227180.4%
8Honda Accord47,97051,578-7.0%
9Tesla Model 342,78233,61927.3%
10Toyota Corolla42,41541,7161.7%
11Toyota Camry40,50061,696-34.4%
12Mercedes-Benz E-Class40,26143,195-6.8%
13Audi A6L40,24630,67331.2%
14Geely Emgrand38,52849,161-21.6%
15BYD Han37,81734,4019.9%
Top-selling high-end sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Audi A6L15,6149,45365.2%
2Mercedes-Benz C-Class14,1459,41550.2%
3BMW 3 Series13,9248,51963.4%
4Mercedes-Benz E-Class13,56512,7976.0%
5BMW 5 Series9,99112,041-17.0%
6Audi A4L9,39410,752-12.6%
7NIO ET56,437NANA
8Volvo S902,679235813.6%
9Hongqi H91,5171,969-23.0%
10Cadillac CT69051,034-12.5%
High-end models are those with a starting price of more than RMB 300,000.
Top-selling high-end sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1Mercedes-Benz E-Class40,26143,195-6.8%
2Audi A6L40,24630,67331.2%
3BMW 3 Series37,15143,100-13.8%
4BMW 5 Series35,72847,485-24.8%
5Mercedes-Benz C-Class31,90724,98627.7%
6Audi A4L21,27236956-42.4%
7NIO ET518,703NANA
8Volvo S907,853691013.6%
9Hongqi H93,4796,532-46.7%
10Jaguar XFL2,1961,75425.2%
High-end models are those with a starting price of more than RMB 300,000.
Top-selling high-end SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BMW X334,81039,592-12.1%
2Mercedes-Benz GLC26,57645,037-41.0%
3Audi Q5L26,23636,624-28.4%
4BMW X524,973NANA
5Li Auto Li L921,126NANA
6Li Auto L820,515NANA
7Mercedes-Benz GLB16,92413,90621.7%
8Volvo XC6014,00312,37113.2%
9Volkswagen Teramont9,38310,890-13.8%
10Li Auto Li L77,702NANA
Top-selling new energy SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Tesla Model Y54,93739,73038.3%
2BYD Song40,11426,72350.1%
3BYD Yuan Plus27,90710,017178.6%
4Aion Y13,2679,50139.6%
5BYD Tang11,9549,08631.6%
6Li Auto Li L77,702NANA
7BYD Frigate 076,455NANA
8Li Auto L86,224NANA
9Smart #15,911NANA
10Li Auto Li L95,831NANA
11Zeekr 0014,5171795151.6%
12BMW X33,8642,58249.7%
13Leapmotor C113,1544,201-24.9%
14Neta U3,0563,904-21.7%
15Hycan Z032,4991,68948.0%
Top-selling new energy SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Song141,41570,199101.4%
2Tesla Model Y94,64774,68126.7%
3BYD Yuan Plus62,52816,532278.2%
4BYD Tang32,52527,95916.3%
5Aion Y31,05518,90064.3%
6Li Auto Li L921,126NANA
7Li Auto L820,515NANA
8BYD Frigate 0717,927NANA
9Smart #112,697NANA
10Zeekr 00112,4728,24151.3%
11Neta V9,59818,677-48.6%
12BMW X38,9865,78555.3%
13Li Auto Li L77,702NANA
14AITO M57,3224,92148.8%
15Neta U7,08011,475-38.3%
Top-selling MPVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Buick GL811,9497,83952.4%
2Wuling Hongguang10,97013,726-20.1%
3Denza D910,398NANA
4GAC Trumpchi M88,4204,40091.4%
5Toyota Sienna6,2326,444-3.3%
6GAC Trumpchi M65,4883,19371.9%
7Honda Elysion4,8202,163122.8%
8Toyota Granvia3,732NANA
9Wuling Jiachen3,511NANA
10Dongfeng Fengxing Lingzhi2,9605,277-43.9%
11Honda Odyssey2,3653,793-37.6%
12Zeekr 0092,146NANA
13JAC Ruifeng1,9292,017-4.4%
14FAW Bestune NAT1,926375413.6%
15Buick Century1,833NANA
Top-selling MPVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1Wuling Hongguang34,38557,636-40.3%
2Denza D924,161NANA
3Buick GL823,27732,986-29.4%
4GAC Trumpchi M819,28211,41069.0%
5Toyota Sienna18,50614,89324.3%
6Wuling Jiachen12,064NANA
7GAC Trumpchi M611,74011,5431.7%
8Toyota Granvia9,967NANA
9Honda Elysion9,1176,95131.2%
10Dongfeng Fengxing Lingzhi7,05013,676-48.4%
11Honda Odyssey6,15711,714-47.4%
12JAC Ruifeng5,1155,623-9.0%
13Buick Century5,037NANA
14FAW Bestune NAT3,623971273.1%
15Brilliance Xinyuan Jinhaishi3,5971,96583.1%
Automakers with highest wholesale sales in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD547,917289,96189.0%10.8%
2Changan392,307360,7308.8%7.8%
3FAW-Volkswagen382,524434,073-11.9%7.6%
4Geely322,453326,024-1.1%6.4%
5Chery307,465209,31746.9%6.1%
6Tesla China229,322182,17425.9%4.5%
7SAIC-Volkswagen226,330331,229-31.7%4.5%
8GAC Toyota220,000247,006-10.9%4.4%
9SAIC Passenger Cars195,108191,2532.0%3.9%
10SAIC-GM185,958274,536-32.3%3.7%
11BMW Brilliance172,766158,3689.1%3.4%
12Great Wall Motor171,151240,548-28.8%3.4%
13Dongfeng Nissan165,620275,759-39.9%3.3%
14FAW Toyota153,209197,327-22.4%3.0%
15Beijing Benz150,006142,2465.5%3.0%
Top-selling new energy sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BYD Qin43,23024,79174.4%
2BYD Dolphin27,68710,448165.0%
3Aion S26,3926,798288.2%
4Wuling Hongguang Mini23,15941,980-44.8%
5Tesla Model 321,72626,024-16.5%
6BYD Han13,8341233712.1%
7Geely Panda Mini10,550NANA
8Changan Lumin10,217NANA
9Shenlan SL038,568NANA
10BJEV EU Series8,135410598.2%
11NIO ET56,437NANA
12GM Velite 65,409302678.8%
13BYD Seal5,201NANA
14BYD Destroyer 054,1361476180.2%
15Ora Good Cat3,9706,316-37.1%
Top-selling new energy sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Qin87,95575,83416.0%
2Wuling Hongguang Mini69,84294,778-26.3%
3BYD Dolphin67,95129,611129.5%
4Aion S48,31017,227180.4%
5Tesla Model 342,78233,61927.3%
6BYD Han37,81734,4019.9%
7Changan Lumin24,033NANA
8BYD Seal19,573NANA
9Shenlan SL0318,808NANA
10NIO ET518,703NANA
11Geely Panda Mini17,211NANA
12BYD Destroyer 0513,7521,476831.7%
13Hongqi E-QM512,3101517711.5%
14BJEV EU Series10,389611170.0%
15Chery QQ Ice Cream9,82128,113-65.1%
Top-selling SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Tesla Model Y54,93739,73038.3%
2BYD Song40,11426,72350.1%
3BYD Yuan Plus27,90710,017178.6%
4Changan CS7516,79622,811-26.4%
5Haval H614,84119,303-23.1%
6Aion Y13,2679,50139.6%
7BMW X312,88011,23114.7%
8BYD Tang11,9549,08631.6%
9Volkswagen Tayron11,9537,03669.9%
10BMW X111,852649282.6%
11Toyota RAV411,72514,415-18.7%
12Honda CR-V11,62416,437-29.3%
13Hongqi HS511,5867,63251.8%
14Audi Q5L11,35510,7036.1%
15Geely Boyue L10,135NANA
Top-selling SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Song141,41573,70491.9%
2Tesla Model Y94,64774,68126.7%
3BYD Yuan Plus62,52816,532278.2%
4Changan CS7551,82667,230-22.9%
5Haval H647,99371,411-32.8%
6Geely Boyue L35,407NANA
7BMW X334,81039592-12.1%
8Honda CR-V33,31456,312-40.8%
9BYD Tang32,52527,95916.3%
10Changan CS5532,40652,040-37.7%
11Aion Y31,05518,90064.3%
12Hongqi HS529,53333,017-10.6%
13Geely Xingyue L28,56129,554-3.4%
14Toyota RAV427,36838,857-29.6%
15Mercedes-Benz GLC26,57645,037-41.0%
Top-selling high-end SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BMW X312,88011,23114.7%
2Audi Q5L11,35510,7036.1%
3Mercedes-Benz GLB7,7864,36978.2%
4Li Auto Li L77,702NANA
5BMW X57,245NANA
6Li Auto L86,224NANA
7Li Auto Li L95,831NANA
8Volvo XC604,2344,1222.7%
9Mercedes-Benz GLC3,45112,748-72.9%
10Volkswagen Teramont3,4383,3991.1%

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Regulatory filing: VW ID.7 coming to China

The ID.7 is 4,956 mm long and is powered by an electric motor with a peak power of 150 kW.

The new model of Volkswagen's ID family, the ID.7, may not be far from its launch in China, as it enters a regulatory catalog.

China's Ministry of Industry and Information Technology today announced the latest batch of models that will soon be allowed to be sold, and the ID.7 from FAW-Volkswagen is included.

The Chinese public can submit feedback between April 12 and April 18. Entry into the catalog is the last major regulatory process for a model to be allowed to be sold in China.

The ID.7 has a length, width and height of 4,956 mm, 1,862 mm and 1,537 mm, respectively, and a wheelbase of 2,965 mm, according to the filing page.

In powertrain, the model is available in only one version, with a 150-kW peak power motor and a top speed of 155 km/h.

It has a ternary lithium battery pack and the manufacturer is a joint venture between FAW and .

In late January, Volkswagen announced that the ID.7, the sixth model in the ID series, will make its world debut in the second quarter.

The ID.7 will be a premium model and Volkswagen's second global model based on the MEB platform, following the ID.4.

On April 5, VW announced that testing of the ID.7 is almost complete and the model will be officially launched on April 17.

"The new ID.7 will enhance the upper mid-size class in Europe, China and North America," Volkswagen said in an April 5 press release.

Volkswagen's ID series of electric vehicles in China are produced by its two main joint ventures.

FAW-Volkswagen's ID. series models on sale are the ID.4 Crozz and ID.6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 ($31,660) and RMB 258,900, respectively.

SAIC Volkswagen's ID. series models are the ID.4 X and ID.6 X, with suggested retail prices starting at RMB 195,888 and RMB 259,888, respectively.

In addition to the two models in the ID. series, SAIC Volkswagen also offers the compact ID.3 model with a suggested retail price starting at RMB 162,888.

A month ago, as the price war in China's auto industry intensified, FAW-Volkswagen offered discounts of up to RMB 40,000 on ID. family models, bringing the starting price of the SUV series to as low as RMB 174,900.

($1 = RMB 6.8823)

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

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Polestar 4 to make global debut at Shanghai auto show on Apr 18

Polestar said the Polestar 4 will have the aerodynamics of a coupe and the space of an SUV.

(Image credit: Polestar)

Another new model from Polestar is coming, as the official debut of the Polestar 3 in China is just less than a month ago.

The all-electric high-performance SUV Polestar 4 will make its global debut on April 18, the first day of the Shanghai auto show, the premium electric vehicle maker owned by and Volvo Cars announced on April 11.

The upcoming biennial Shanghai auto show will be held from April 18-27, with press days from April 18-19, professional visitor days from April 20-21, and general public access from April 22-27.

Polestar's booth at the Shanghai auto show is located in Hall 6.2, and the company will hold a press conference on April 18 from 9:20 to 9:40.

The Polestar 4 will be the latest addition to Polestar's product family and will have the aerodynamics of a coupe and the space of an SUV, the company said.

The model is not a refinement of Polestar's existing SUV, but a newly built coupe SUV, said Thomas Ingenlath, CEO of the EV maker.

The Polestar 4 is derived from Polestar's Precept concept design ideas and will have new technology, the company said.

Polestar did not reveal any more information about the Polestar 4. It will present the Polestar 3 at the Shanghai auto show as well as the 2024 Polestar 2.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is considered the brand's first real production model on sale, although the model has not been well received in China.

On October 12, 2022, the Polestar 3 SUV made its global debut, when Polestar announced two versions with starting prices in China of RMB 880,000 ($127,770) and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China, with a price reduction of nearly RMB 200,000 from the model's international debut last year.

($1 = RMB 6.8873)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

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Regulatory filing: MG’s electric roadster Cyberster not far from launch in China

MG's electric roadster Cyberster is not far from being available in China after the model made its debut at the Shanghai auto show two years ago.

The arrival of the electric vehicle (EV) era has led to many models that feel fresh in China, and an electric roadster from MG is the latest one.

China's Ministry of Industry and Information Technology released the latest batch of models that will soon be allowed to be sold in a catalog for public comment on April 11, and MG's Cyberster was included.

Entry into the catalog is the last major regulatory process for a model to be allowed to be sold in China. The public can submit feedback between April 12 and April 18.

MG has filed three versions for the Cyberster, including two single-motor versions as well as a dual-motor version.

The MG Cyberster is a two-seater with a length of 4,535 mm, a width of 1,913 mm, a height of 1,329 mm and a wheelbase of 2,690 mm.

Both single-motor versions are equipped with rear-mounted permanent magnet synchronous motors, the lower version with 231 kW peak power and the other with 250 kW peak power, both supporting a top speed of 193 km/h.

The dual-motor version is equipped with two permanent magnet synchronous motors with peak power of 150 kW and 250 kW, respectively, and supports a top speed of 200 km/h.

The MG Cyberster is powered by ternary lithium-ion batteries from a joint venture between SAIC and .

It is worth noting that the MG Cyberster was first unveiled two years ago on the first day of the Shanghai auto show -- April 19, 2021 -- based on the MG cyber cube platform.

MG conducted a crowdfunding campaign for the roadster at the time, and then confirmed that the model would be mass-produced after the crowdfunding amount reached RMB 50 million.

The official release date and price information for the model are currently unknown.

MG, short for Morris Garages, is a vehicle brand owned by Shanghai-based SAIC Motor Corporation.

Neta unveils two-door electric sports car Neta GT, deliveries expected in H1

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