Tagged: China

China issues policy to support NEV consumption in rural areas

China / Electric / eMobility / eV / Industry News / Policy
May 17, 2023

A government document voices support for NEV development in rural areas in terms of NEV purchases, charging infrastructure development, and consumer education.

China issues policy to support NEV consumption in rural areas-CnEVPost

(Image credit: CnEVPost)

China has released a new government document to support new energy vehicle (NEV) consumption in rural areas, after NEV penetration in major cities climbed to high levels.

China's National Energy Administration and economic planner National Development and Reform Commission (NDRC) issued the document on supporting the development of NEVs in rural areas for provincial and municipal governments and two grid operators, State Grid and Southern Grid. The document, dated May 14, was made public on May 17.

China has built the world's largest charging infrastructure, providing a strong guarantee for the rapid development of NEVs, but there are still problems in rural areas, including insufficient public charging infrastructure, which restricts the release of NEV consumption potential there, the document says.

The advanced construction of charging infrastructure and optimization of the environment for the purchase and use of NEVs are of great significance in promoting NEV consumption in rural areas, according to the document.

The document voices support for NEV development in rural areas in terms of NEV purchases, charging infrastructure construction, and consumer education.

Car companies are encouraged to develop more economical models for consumers in rural areas, especially products including new energy cargo-carrying mini-vans, mini-trucks and light trucks.

China will improve the evaluation system for used NEVs and encourage companies to provide quality vehicles for rural areas.

The country will increase the proportion of NEVs in business vehicles and encourage local governments to increase the use of NEVs in public transportation, road passenger transportation, rental cars, law enforcement, sanitation, and logistics.

Local governments are encouraged to provide consumption voucher support for local rural residents to purchase NEVs, offering trade-in incentives for them to phase out low-speed electric vehicles and purchase regular NEVs.

Credit support for auto consumption in rural areas will also be increased, and financial institutions are encouraged to reasonably determine the down payment ratio, loan interest rate, and repayment period on the premise of risk control.

In terms of charging infrastructure construction in rural areas, local governments should accelerate the construction of charging stations and strive to achieve charging piles in every township.

Local governments are encouraged to promote the construction of centralized public charging stations, and places with conditions such as gas stations should also promote the construction of charging piles.

Existing residential communities in rural areas are encouraged to carry out charging facility construction, and a certain percentage of public charging spaces should be allocated.

Before 2030, China waives the electricity capacity charge for centralized charging and battery swap facilities with a two-part tariff, and relaxes the investment efficiency constraint for grid companies in the construction of distribution grids.

China encourages research on technologies such as two-way interaction between electric vehicles and the grid (V2G), and explores the construction of integrated charging infrastructure in rural areas where the utilization rate of charging piles is low.

In terms of consumer education, China supports local governments and industry bodies to enhance consumer acceptance of NEVs and alleviate purchase and use concerns through a number of activities.

China passenger NEV retail drops 3.6% MoM to 527,000 in Apr, CPCA data show

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China NEV insurance registrations for week ending May 14: BYD 46,892, Tesla 9,990, NIO 1,200

China / Deliveries / Electric / eMobility / eV / EV Data / Insurance Registrations / Li Auto / Neta / Nio / Tesla / Weekly Data / XPeng
May 17, 2023

NIO's sales appear to continue to be dampened by the upcoming new ES6, as potential consumers may be waiting for this more cost-effective SUV.

The main channels that previously shared weekly auto insurance registrations in China stopped sharing these numbers, but multiple reliable sources that we track on a daily basis shared last week's numbers.

For the week of May 8 to May 14, insurance registrations for all passenger vehicles in China were 365,000, up 43.5 percent year-on-year, but down 11.8 percent from the previous week.

Insurance registrations for conventional internal combustion engine vehicles were 245,000 last week, up 29.8 percent year-on-year but down 20.3 percent from the previous week.

New energy vehicles (NEVs) were 120,000 units last week, up 82.7 percent year-on-year and 12.8 percent from the previous week.

In terms of NEV insurance registrations, BYD (OTCMKTS: BYDDY) continues to hold the distant lead with 46,892 units last week, up from 45,789 units the week before.
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During the week of May 1 to May 7, the first three days were the Labor Day holiday in China, although May 6 was a Saturday but a weekday. The holiday ran from April 29 to May 3.

Tesla (NASDAQ: TSLA) registered 9,990 insurance units in China last week, up from 5,928 the week before.

NIO (NYSE: NIO) had 1,200 insurance registrations last week, up from 1,100 the week before. These numbers are not precise to the single digit, as the sources tracked by CnEVPost did not share more detailed figures.

NIO's sales appear to be continuing to be dampened by the upcoming new ES6, as potential consumers may be waiting for the more cost-effective SUV.

The company announced yesterday that the new ES6 will be officially launched on May 24, with test drives available on the same day and deliveries to begin on May 25.

This will be its fastest model from launch to delivery, perhaps because of the lessons learned from the long waiting period for models including the ET5 that led to the loss of potential orders.

The continued product switchover led to months of sluggish NIO deliveries, which fell further to 6,658 vehicles in April. The company will report first-quarter earnings on June 9, when it is expected to provide guidance on second-quarter deliveries.

Li Auto (NASDAQ: LI) continued its strong trend with 6,670 insurance registrations last week, up from 4,543 the previous week.

Li Auto is currently untroubled by product switches and its three models are competitive compared to their class, allowing it to maintain strong sales.

To show off that it is leading the pack of new car makers, Li Auto has shared weekly insurance registration figures for the past two months, but stopped sharing them this month.

On May 15, Li Auto founder, chairman and CEO Li Xiang said on Weibo that their sharing of weekly data was complained about by some of their peers, so they were unable to continue sharing them.

Li Auto guided for second-quarter deliveries between 76,000 and 81,000 vehicles when it reported first-quarter earnings on May 10. Considering it delivered a record 25,681 vehicles in April, that guidance means it expects to deliver a total of 50,319 to 55,319 vehicles in May and June.

XPeng (NYSE: XPEV) had 1,500 insurance registrations last week, up from 870 the week before.

XPeng, similar to NIO, is facing a product switch, with potential consumers perhaps watching the upcoming launch of the new SUV G6.

It previously said the G6 would be officially launched and delivered by the end of the second quarter, with a price range of RMB 200,000 ($28,660) - RMB 300,000.

XPeng's monthly sales target for the G6 is two to three times that of the P7, its chairman and CEO He Xiaopeng said during a March 17 analyst call after the company announced its fourth-quarter earnings.

XPeng delivered 7,079 vehicles in April, down 21.36 percent from 9,002 a year ago but up 1.1 percent from 7,002 in March.

It will report first-quarter earnings on May 24, when it is expected to provide guidance on second-quarter deliveries.

($1=RMB 6.9787)

Data table: China NEV weekly insurance registrations

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With a range exceeding 1,000km, Zeekr 001 started delivering the new version equipped with CATL Qilin batteries

CATL / China / Electric / Electric cars / eMobility / eV / Geely / Quick News / Zeekr / Zeekr 001
May 16, 2023

Zeekr 001 is the first production vehicle to be powered by CATL Qilin batteries. CATL Qilin battery is currently the mass-produced power battery with the highest energy density in the market.

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Tesla applies to expand Shanghai plant, to add pouch-type battery cell capacity, report says

China / Electric / eMobility / eV / Giga Shanghai / Tesla
May 16, 2023

The potential expansion would give the Shanghai factory the capacity to produce 1.75 million powertrains per year, up from the current 1.25 million, according to Reuters.

(Image: Tesla China video screenshot.)

Tesla has applied for regulatory clearance to expand its Shanghai plant and to begin producing pouch-type battery cells for the first time, according to a Reuters report today.

The potential expansion would give the Shanghai factory the capacity to produce 1.75 million powertrain units a year, up from the current 1.25 million, the report said, citing an undated public notice.

It's not clear whether Tesla is committed to moving forward with the expansion or is simply seeking approval for potential, future capacity, the report noted.

Tesla is seeking permission to produce pouch battery cells, and a trial production line would have an initial annual capacity of 20,000 amp-hour cells, the equivalent of one Model Y battery pack, according to the report.

It's not clear how Tesla would use the pouch batteries, which it hasn't used in electric vehicles before, the report noted.

Tesla is also looking to ramp up production of cylindrical 4680 battery cells in China and has brought in new suppliers to reduce costs, according to the Reuters report.

Giga Shanghai is Tesla's largest plant in the world, producing the Model 3 and Model Y, with an annual capacity of about 1.1 million vehicles.

CATL is Tesla's power battery supplier in China, and has a factory near Giga Shanghai that makes battery packs for the EV maker.

Earlier today, Bloomberg cited people familiar with the matter as saying that Tesla is nearing the final stages before starting trial production of its revamped Model 3 sedan in Shanghai.

On April 9, Tesla signed a deal with Shanghai's Lingang authorities to build a new Megafactory in the area, which will be dedicated to Megapack, Tesla's energy storage product.

The Megafactory will be Tesla's first energy storage system factory outside of the US home market, with an initial planned annual production capacity of up to 10,000 commercial energy storage batteries and an energy storage scale of nearly 40 GWh, with products to be supplied to the global market.

The plant is scheduled to start construction in the third quarter of this year and go into operation in the second quarter of 2024.

It is not clear whether the pouch battery cells mentioned in the Reuters report are related to the Megafactory.

Tesla's revamped Model 3 nears final trial production in Shanghai, report says

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First swap station built by NIO and Shell in Europe goes online

Battery Swap / China / Electric / eMobility / eV / Nio / shell
May 16, 2023

NIO and Shell signed a strategic partnership agreement in November 2021 to collaborate on charging and battery swap facilities in China and Europe.

First swap station built by NIO and Shell in Europe goes online-CnEVPost

(Image credit: NIO)

NIO (NYSE: NIO) and Shell, the world's largest gasoline retailer, have officially launched the first battery swap stations jointly built by the two in Europe, the electric vehicle (EV) maker said today.

The station is located in Harmelen, Netherlands, NIO said today on its Weibo account.

To date, NIO has 16 battery swap stations and eight charging stations in Europe, and its charging map there has access to more than 400,000 third-party charging piles.

First swap station built by NIO and Shell in Europe goes online-CnEVPost

In November 2021, NIO signed a strategic partnership agreement with Shell to collaborate on charging and battery swap facilities in China and Europe.

The two plan to jointly install 100 swap stations in China by 2025 and plan to operate pilot stations in Europe starting in 2022, according to a statement at the time.

On August 1, 2022, the first NIO-Shell partnership battery swap station and supercharger station went into operation in Xiamen, Fujian province, in southeastern China.

First swap station built by NIO and Shell in Europe goes online-CnEVPost

The opening of the station marked the official start of NIO's partnership with Shell in the EV energy sector, NIO said at the time.

As of May 15, NIO had 1,403 battery swap stations in China, as well as 2,580 charging stations offering 15,312 charging piles.

The company's charging map in China has access to more than 700,000 third-party charging piles.

First NIO battery swap station jointly built with Shell goes into operation

First swap station built by NIO and Shell in Europe goes online-CnEVPost

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Zeekr starts delivery of Zeekr 001 with CATL Qilin Battery, CLTC range up to 1,032 km

CATL / China / Electric / eMobility / eV / Qilin Battery / Zeekr / Zeekr 001
May 16, 2023

Deliveries of the Zeekr 009 MPV with CATL Qilin Battery had begun on April 17.

(Image credit: Zeekr)

Zeekr, the premium electric vehicle (EV) brand of Geely, started the delivery of the Zeekr 001 shooting brake model with CATL Qilin Battery, after starting the delivery of the Zeekr 009 MPV with the battery pack a month ago.

Deliveries of the WE version of the Zeekr 001 with the optional 140 kWh Qilin Battery began today, and the 1,032 km CLTC range makes the model the longest production EV in the world, Zeekr said in a press release.

The Zeekr 001's range addresses the mileage anxiety that plagues users and will allow them to enjoy a hassle-free travel experience, Zeekr said.

Zeekr was officially launched as an independent company in March 2021, with its first model, the Zeekr 001, launched on April 15, 2021, and 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 of this year, Zeekr launched its third model, the Zeekr X, which it hopes will become the benchmark for luxury compact cars.

CATL launched the Qilin Battery, or CTP (cell to pack) 3.0 battery, on June 23rd last year, claiming that its energy density can reach 255Wh/kg and can support the vehicle to achieve a range of 1,000 km.

On August 27 last year, Zeekr and CATL announced that the Zeekr 009 will be the world's first vehicle to be equipped with the Qilin Battery, while the Zeekr 001 will use the ultra-long range version of the Qilin Battery and will be the world's first production vehicle to be equipped with the 1,000 km range Qilin Battery.

On January 1, Zeekr launched the 2023 Zeekr 001, offering four base versions, including two WE versions, one ME version and one YOU version.

Zeekr offers a 140-kWh Qilin Battery option for the single-motor WE version with a 100-kWh battery pack, allowing the CLTC range to reach 1,032 km.

However, the Qilin Battery option is limited to only 1,000 units, and consumers will have to pay an additional RMB 103,000 ($14,790), meaning the Zeekr 001 with a range of more than 1,000 km will start at RMB 403,000.

On April 17, Zeekr announced that deliveries of the Zeekr 009 MPV with the CATL Qilin Battery begun.

Zeekr delivered 8,101 vehicles in April, up 279.08 percent from 2,137 in the same month last year and up 21.58 percent from 6,663 in March, according to data released earlier this month.

($1 = RMB 6.9653)

Zeekr begins delivery of Zeekr 009 MPV powered by CATL Qilin Battery

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Tesla’s revamped Model 3 nears final trial production in Shanghai, report says

China / Electric / eMobility / eV / Giga Shanghai / Tesla / Tesla Model 3
May 16, 2023

The revamped Model 3 is slightly longer and sportier than earlier versions and has a sleeker interior design, according to Bloomberg.

Tesla's revamped Model 3 nears final trial production in Shanghai, report says-CnEVPost

(Image credit: CnEVPost)

Tesla is nearing the final stages before starting trial production of its revamped Model 3 sedan in Shanghai, a Bloomberg report today said, citing people familiar with the matter.

The revised Model 3 is slightly longer, sportier and has a sleeker interior design than earlier versions, the people said, according to the report.

Since the beginning of this month, some production staff at Tesla's Shanghai plant have been asked to keep their phones in special lockers outside the factory's production line to prevent potential photo leaks, one of the people said.

Production lines in the first phase of the factory could be shut down for a few days at the end of the month for adjustments, though those plans could still change, the report said.

On March 1, Reuters reported that Tesla had been working to retool its Shanghai assembly plant for a revamped version of the Model 3, a project codenamed Highland by Tesla.

The Highland version of the Model 3 is expected to go into production in Shanghai in September, the Reuters report said, citing a person familiar with the matter.

With the Highland, Tesla aims to cut production costs and boost the appeal of the electric sedan, which debuts in 2017, people involved in the project said.

Appearance and powertrain performance will also be changed, with a focus on production efficiency, they said, according to the report.

Giga Shanghai is Tesla's largest plant in the world, producing the Model 3 and Model Y, with an annual capacity of about 1.1 million vehicles.

Tesla sold 75,842 China-made vehicles in April, including 35,886 units exported, according to the China Passenger Car Association (CPCA).

Model 3 sales in China in April were 13,196 units, up 2,290.58 percent from 552 units in the same month last year, but down 39.26 percent from 21,726 units in March.

Model Y sales in China in April were 26,760 units, up 2,687.50 percent from 960 units in the same month last year, but down 51.29 percent from 54,937 units in March.

This is due to the fact that Tesla's sales in China fell sharply last April due to the Covid lockdown in Shanghai, and its pattern of producing vehicles primarily for export in the first half of each monthly quarter.

Tesla expected to put new Model 3 into production in Shanghai in Sept; prepares to revamp Model Y, report says

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Tesla’s revamped Model 3 nears final trial production in Shanghai, report says

China / Electric / eMobility / eV / Giga Shanghai / Tesla / Tesla Model 3
May 16, 2023