Smart and Sustainable Electric Mobility
Jishi has launched its first model, the Jishi 01 EREV, which shares a large number of suppliers with Li Auto and has a significant price overlap with the Li L8.
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Voyah has let the facelift of the Voyah Free go on sale, offering only an EREV variant at a starting price reduced by RMB 66,700 from what was previously on sale.
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Fang Cheng Bao's first model, the Bao 5, will make its real-life debut on August 25 at the Chengdu auto show. In addition to the Bao 5, BYD today unveiled the Bao 3, and the Super 8, a concept for the Bao 8.
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The launch of the Denza N8 comes just a month after the Denza N7 SUV, and there's some price overlap between the two.
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The Neta Aya has the same dimensions as the Neta V, but with a significantly lower starting price.
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The Li L9 Pro does not come with LiDAR, and the assisted driving chip has been switched from 2 Nvidia Orin X chips to a Journey 5 from Horizon Robotics.
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The new Neta S has a starting price of RMB 159,800, which is RMB 30,000 lower than the RMB 189,800 of the old model.
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The HiPhi Y, which starts at just RMB 1,000 more than the Nio ES6 but far less than HiPhi's other two models, is trying to get a piece of the mainstream premium EV market.
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The battery swap-enabled trim of the Hyper GT starts at RMB 239,900, which Hyper claims can replace the battery in as little as two minutes.
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Hyper -- a new brand launched by GAC Aion last September -- has introduced the Hyper GT sedan, one version of which supports battery swap.
Hyper officially rolled out the Hyper GT in China on Monday, the brand's first production model and the 20 millionth new energy vehicle produced in China.
The Hyper GT is available in five versions with starting prices of RMB 219,900 ($30,370), RMB 245,900, RMB 239,900, RMB 259,900, and RMB 339,900 respectively.
The version with a starting price of RMB 239,900 supports battery swap, which Hyper claims can replace the battery in as little as two minutes.
Consumers can purchase the car using a battery rental model similar to Nio, which reduces the price of the car by RMB 70,000, and pay a monthly battery lease fee of RMB 980.
The Hyper GT is an all-electric mid-size sedan based on the new AEP 3.0 platform from GAC Group, of which GAC Aion is a subsidiary.
The model measures 4,880 mm in length, 1,885 mm in width and 1,455 mm in height, and has a wheelbase of 2,920 mm.
The Hyper GT is powered by a single electric motor with a maximum power of 250 kW and a peak torque of 434 Nm, and accelerates from 0 to 100 km/h in 4.9 seconds.
The two higher-priced versions of the car support 800 V high-voltage fast charging for a range of 450 km on a 15-minute charge. The model has a maximum range of 710 km.
The Hyper GT comes with the L2++ Adigo Pilot 4.0 intelligent driving system for all-weather, all-road city and highway kilometer assisted driving, Hyper said.
GAC Aion previously offered mainly the Aion series, targeting the mass market, such as the Aion S sedan with a price range of RMB 139,800 to RMB 172,800.
On September 15, 2022, the company unveiled its new premium brand Hyper, and its first model, the Hyper SSR supercar, to enter the higher end of the market.
GAC Aion is offering two versions of the Hyper SSR, with the regular version priced at RMB 1.286 million pre-sale and capable of accelerating from 0 to 100 km/h in 2.3 seconds.
The other version, Hyper SSR Ultimate, is priced at RMB 1,686,000 and can accelerate from 0 to 100 km/h in 1.9 seconds.
The model, the fastest accelerating car on the planet, will begin mass production and delivery in October 2023, GAC Aion said at the time.
($1 = RMB 7.2407)
GAC Aion sells 45,013 vehicles in Jun, 4th straight month over 40,000
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Denza has delivered more than 10,000 vehicles for four consecutive months, and with the N7 SUV targeting a larger market, it is expected to gain further momentum.
BYD's (OTCMKTS: BYDDY) joint venture with Mercedes-Benz, Denza, which was unknown in China until a few years ago, gained momentum as BYD took a controlling stake in the company last year. Now, Denza is looking to build further on it.
Denza officially launched the Denza N7 at an event in Beijing on Monday, and the electric SUV targets the market where the Tesla Model Y sits with a starting price of RMB 301,800 ($41,680).
The Denza N7 is a 5-seat mid-size SUV with a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, and a wheelbase of 2,940 mm.
For comparison, the Tesla Model Y is slightly smaller, measuring 4,750 mm in length, 1,921 mm in width and 1,624 mm in height, with a wheelbase of 2,890 mm.
The Model Y is currently offered in three versions in China with starting prices of RMB 263,900, RMB 313,900 and RMB 363,900 respectively. This Tesla model was the best-selling SUV in China from January to May.
Denza was established in 2010 as a joint venture between BYD and Daimler, with each holding a 50 percent stake at the time. In February 2022, the Daimler brand was rebranded as Mercedes-Benz. BYD increased its stake in Denza to 90 percent last year.
In August 2022, Denza launched the D9 MPV, the brand's first model after the reorganization. The Denza N7 is the second model after Denza's shareholding change and its first SUV.
Before the D9 was launched, Denza had little presence in China. With the D9 providing a new option for the MPV market, Denza has become one of the top new car-making brands in China in terms of deliveries.
In June, the Denza delivered 11,058 vehicles, marking the fourth consecutive month above the 10,000-unit mark, according to data released by BYD yesterday.
It is worth noting that these sales were contributed by the D9, while MPVs traditionally have a small total addressable market in China, only about 10 percent of the market for sedan or SUV models.
In May, retail sales of sedans in China were 851,469 units, SUVs were 795,611 units, and MPVs were only 94,983 units, according to the China Passenger Car Association (CPCA).
With the launch of the N7, Denza enters a market with significantly more space and is expected to see a further increase in sales.
The Denza N7 has received more than 20,000 pre-orders since it began accepting customer reservations on April 18, said Zhao Changjiang, general manager of Denza's sales division, at the launch event.
The Denza website currently shows four versions of the N7, with starting prices of RMB 319,800, RMB 339,800, RMB 349,800 and RMB 379,800 respectively.
All four versions are equipped with DiSus-A, an intelligent air body control system, which was announced by BYD on April 10 and is similar to the air suspension currently used in many high-end vehicles.
Customers who do not need the system can see the prices be reduced by RMB 18,000, resulting in two Air versions priced at RMB 301,800 and RMB 321,800, respectively.
The Denza N7 comes standard with BYD's signature blade battery based on lithium iron phosphate chemistry, all with a capacity of 91.3 kWh.
The two least expensive of these are the rear-wheel drive models with 230 kW of peak motor power and 360 Nm of peak torque, which can sprint from 0 to 100 km/h in 6.8 seconds. They both have a CLTC range of 702 km.
The other four higher-priced versions are four-wheel-drive models with 390 kW peak battery power and 670 Nm peak torque that can sprint from 0 to 100 km/h in 3.9 seconds. They have a CLTC range of 630 km.
Like the D9, the Denza N7 supports simultaneous charging with two charging guns, up to 150 kW when using one and 230 kW when using two.
In contrast to BYD's approach, Denza began the presentation by highlighting the N7's assisted driving capabilities, saying that the model is equipped with BYD's "Eyes of the God" driver-assisted driving system for the first time.
The Denza N7's assisted driving system includes two options, a standard version and an advanced version, the latter of which will use Nvidia's Orin-X chip with 254 TOPS of computing power.
The Denza N7 with the advanced version of the assisted driving solution will receive highway pilot assisted driving capability by the end of this year, while that capability in urban areas will become available in the first quarter of next year.
Denza did not mention information about the chip supplier for the standard version of the system, which is likely to be a lower-cost solution from a local manufacturer.
Denza N7 will be available for test drives on July 4, with deliveries starting in mid-July, Zhao said at the model's launch event.
($1 = RMB 7.2410)
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