According to Chery, the eQ7 will be built on its exclusive all-aluminum pure electric technology platform.
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Tagged: China
Li L9 ADAS system detected ‘ghosts’ near a cemetery in China
The Li L9 perception hardware includes one forward 128-line LiDAR, six 8-megapixel cameras, five 2-megapixel cameras, one forward millimeter wave radar, and twelve ultrasonic sensors.
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China EV deliveries: Aion, Leapmotor, Shenlan and more
In March, GAC Aion sold 40,016 vehicles, Leapmotor delivered 6,172 and Shenlan 8,568.
The first day of every month is the day when Chinese electric vehicle (EV) makers intensively announce their deliveries for the previous month, and CnEVPost highlighted leading companies, including NIO, XPeng and Li Auto, in separate articles.
For the other lesser-known EV companies, we wanted to use this article to record their delivery performance in March.
Aion: 40,016 units
GAC's new energy vehicle (NEV) subsidiary, GAC Aion, saw a strong performance in March, with sales reaching 40,016 units, up 96.96 percent year-on-year and up 33.01 percent from February, according to data released today.
GAC Aion sold 80,308 vehicles in the first quarter, up 78.96 percent year-on-year.
On March 30, GAC Aion announced the magazine battery 2.0, which claims not to catch fire or explode even after a gunshot.
Leapmotor: 6,172 units
Leapmotor delivered 6,172 vehicles in March, down 38.64 percent from 10,059 in the same month last year but up 93 percent from 3,198 in February.
In the first quarter, the company delivered 10,509 vehicles, a decrease of 51.30 percent from the same period last year and down 55.41 percent from the fourth quarter.
The Leapmotor C11 series SUV received more than 10,000 orders in March, according to the company.
Leapmotor officially launched the C11 extended-range electric vehicle (EREV) on March 1, after the model was previously only offered in an all-electric version.
Yesterday, Leapmotor announced the signing of a non-binding memorandum of understanding with Qualcomm for a strategic partnership to build smart cockpit products based on the latter's latest-generation Snapdragon SA8295P platform.
Shenlan: 8,568 units
Changan Automobile's NEV brand Shenlan delivered 8,568 vehicles in March, up 108.82 percent from 4,103 vehicles in February.
In the first quarter, Shenlan delivered 18,808 vehicles, a decrease of 22.85 percent from the fourth quarter of last year.
Shenlan currently offers only the SL03 sedan, which was unveiled on July 25, 2022 and began deliveries in September last year.
It officially debuted its first SUV, the Shenlan S7, a model similar to the Tesla Model Y crossover, on March 5. The Shenlan S7 is not yet available.
Smart: 5,911 units
Smart delivered 5,911 vehicles in China in March, up 63.47 percent from 3,616 vehicles in February.
In the first quarter, Smart delivered 12,697 vehicles in China, an increase of 46.87 percent year-on-year.
Since deliveries began in September 2022, Smart has delivered a cumulative total of 21,909 vehicles.
Skyworth: 1,282 units
Skyworth delivered 1,282 vehicles in March, down 13.14 percent from 1,476 vehicles in February. The company exported 517 vehicles last month.
In the first quarter, Skyworth delivered 3,946 vehicles, according to figures released by the company today.
Skyworth, a Chinese appliance manufacturer, released its first electric vehicle product in April 2021.
The company is one of those tracked by CnEVPost, but it has been putting deliveries and orders together in an incomprehensible way when it released delivery figures before this year.
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Zeekr delivers 6,663 vehicles in Mar, up 22% from Feb
In the first quarter, Zeekr delivered 15,234 units, up 84.86 percent year-on-year, but down 53.08 percent from the fourth quarter.
Zeekr's deliveries continued to rebound in March, although the first-quarter figure was down significantly from the fourth quarter.
Zeekr delivered 6,663 vehicles in March, up 271.20 percent from 1,795 in the same month last year and up 22.14 percent from 5,455 in February, according to data it released today.
In the first quarter, Zeekr delivered 15,234 vehicles, up 84.86 percent from 8,241 in the same period last year, but down 53.08 percent from 32,467 in the fourth quarter.
The decline in Zeekr's deliveries in the first quarter was primarily due to a 21-day production halt at its Ningbo, Zhejiang plant around the Chinese New Year holiday. The plant resumed production on February 1. January 21 to January 27 was this year's Chinese New Year holiday.
The shutdown resulted in Zeekr delivering only 3,116 vehicles in January, a new low since April 2022.
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.
As of March 31, Zeekr's cumulative deliveries since inception were 93,182.
Zeekr plans to see sales double from last year to 140,000 units in 2023 and will release two new models, its CEO said in an internal letter earlier this year.
The company's next model is expected to be the Zeekr X, which already made it onto a regulatory filing list in February.
Regulatory filing: Zeekr X to be offered in 4- and 5-seat versions
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NIO’s new ES6 to debut at Shanghai auto show later this month
NIO will showcase six models based on the latest NT 2.0 platform at the Shanghai auto show, with the all-new ES6 making its debut.
NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show.
The company will showcase six models based on its latest NT 2.0 platform at the Shanghai auto show, with the all-new ES6 making its debut, it said in a post announcing March delivery figures on its WeChat account.
The upcoming biennial Shanghai auto show will be held from April 18-27, with the press days from April 18-19 and the professional visitors' days from April 20-21, while the general public can visit from April 22-27.
NIO App is currently showcasing eight models, including the ES8, ES6 and EC6 based on the NT 1.0 platform, and the new ES8, ES7, EC7, ET7 and ET5 based on the NT 2.0 platform.
The EC7 and the new ES8 were launched at NIO Day 2022 on December 24, 2022, and deliveries are set to begin in May and June 2023, respectively.
NIO did not provide any further information on the new ES6, but the model has appeared in a regulatory catalog in China in January.
On January 11, the Chinese Ministry of Industry and Information Technology released a list of models that will soon be allowed to be sold in China, and the new NIO ES6 was included.
The new NIO ES6 has a length, width and height of 4,854 mm, 1,995 mm and 1,703 mm, respectively, and a wheelbase of 2,915 mm, according to the model's filing page.
The model's LiDAR and camera setup are in line with the other current NIO models based on the NT 2.0 platform. Its rear end also features a through-tail lamp design similar to the ET7, rather than the split design of the current model.
The new ES6 is something to look forward to, as its predecessor was NIO's cheapest SUV, contributing the most sales for the company in a very long time.
From January to August 2022, the ES6 delivered 32,877 units, contributing 46 percent of NIO's total deliveries of 71,556 units during that period, figures monitored by CnEVPost from the company as well as the China Passenger Car Association (CPCA) show.
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XPeng delivers 7,002 vehicles in Mar, up 16.5% from Feb
This article is being updated, please refresh later for more content.
XPeng delivered 7,002 vehicles in March, a 16.5 percent increase over the previous month. total deliveries for the first quarter of 2023 reached 18,230 vehicles.
XPeng's guidance for deliveries in the first quarter was 18,000 to 19,000 units and revenue guidance was RMB 4 billion to RMB 4.2 billion when it announced its fourth-quarter earnings on March 17.
Below is its press release, as the CnEVPost article is being updated.
XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for March and the first quarter 2023.
In March 2023, XPENG delivered 7,002 Smart EVs, representing a 17% increase over the prior month. Total deliveries for the first quarter of 2023 reached 18,230 vehicles.
The new sports sedan P7i, launched in March for the Chinese market, has generated favorable market reception and its order backlog is gathering strong momentum. A total of 3,030 P7 series sedans were delivered in March, representing a 32% increase month-over-month.
The launch of the new P7i also boosted the Company's store traffic, pushing test drive volume to recent heights. Delivery of the P7i began nationwide in March.
On March 31, 2023, XPENG began the rollout of the first phase of XNGP (NGP: Navigation Guided Pilot) to XPENG G9 Max and P7i Max customers in Guangzhou, Shenzhen and Shanghai, and to XPENG P5 P version customers in Shanghai.
XNGP is China's leading full scenario ADAS platform available in mass-produced models. The Company is accelerating the implementation of XNGP to multiple models across multiple cities in China.
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NIO delivers 10,378 vehicles in Mar, down 14.6% from Feb
NIO delivered 31,041 vehicles in the first quarter, slightly above the lower end of its previous guidance range of 31,000 to 33,000 vehicles. | NIO US | NIO HK | NIO SG
NIO (NYSE: NIO) delivered fewer vehicles in March than in February, with the first quarter figure barely above the lower end of the previous guidance range.
NIO delivered 10,378 vehicles in March, up 3.94 percent from 9,985 a year ago but down 14.6 percent from 12,157 in February, according to figures it announced today.
That delivery volume included 3,203 SUVs, and 7,175 sedans, the company said, without providing a breakdown of the different models.
NIO delivered 31,041 vehicles in the first quarter, slightly above the lower end of its previous guidance range of 31,000 to 33,000 vehicles.
The deliveries were up 20.46 percent from 25,768 units in the same period last year, though down 22.5 percent from 40,052 in the fourth quarter.
NIO's guidance for first-quarter revenue was RMB 10.93 billion to RMB 11.54 billion when it announced its fourth-quarter earnings results on March 1.
As of March 31, cumulative deliveries of NIO vehicles reached 320,597 units.
Beginning March 28, NIO has rolled out the deployment of its third generation of swap stations in China, each with a service capacity of up to 408 swaps per day, the company said.
As of March 31, NIO had deployed 1,339 battery swap stations and 1,285 charging stations, including 6,467 chargers, worldwide. It also has 1,154 destination charging stations worldwide, including 7,993 chargers.
NIO will accelerate the expansion of its battery swap network and plans to install 1,000 battery swap stations in 2023, it said, repeating a previous goal.
NIO has been gradually releasing NOP+ Beta to NIO Technology 2.0 (NT 2.0) based vehicles. Since its debut on December 27, 2022, more than 30,000 users have activated and participated in the NOP+ Beta, accumulating more than 15 million kilometers, it said today.
Powered by NIO's internally developed full-stack smart driving technology and closed-loop data management, NOP+ Beta has achieved significant improvements in peace of mind, comfort and efficiency, it said.
Going forward, NIO will progressively deliver more features through over-the-air updates to continuously enhance the user's smart driving experience, the company said.
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NIO’s 1st phone model to be launched in Q3, says William Li
Li also said that Tesla's price cut comes after it faced stiff competition in China, where it does not have pricing power.
(Image credit: CnEVPost)
NIO's (NYSE: NIO) first phone model will be launched and delivered in the third quarter, William Li, the electric vehicle company's founder, chairman and CEO, said today.
Li mentioned the plan in a media group interview today during a forum on China's electric vehicle industry, according to multiple media reports, without providing further details.
Li confirmed in late March last year that NIO would be getting into phone making, saying the company's NIO customers wanted to see a phone that connected better with NIO cars, which prompted the company to look into the industry.
In an internal presentation at the end of November last year, Li said the decision to make the phone was based on long-term strategic thinking over a 5-10 year horizon.
In addition to mentioning a timeline for the launch of the first NIO phone, Li said in an interview with National Business Daily that Tesla doesn't have pricing power in China.
"Tesla's price cut was an action taken after facing stiff competition in the Chinese market, where it doesn't have pricing power," Li said.
Tesla has pricing power in the US market because it has a 60 to 70 percent share in the new energy vehicle (NEV) market there, Li said, adding that in China's NEV market, Tesla has only a 7 percent share.
With 60,766 retail sales in China in January-February, Tesla ranked second in the Chinese NEV market with a 7.8 percent share, according to data released last month by the China Passenger Car Association (CPCA).
BYD retail sales in January-February were 316,417 units, ranking first in China's NEV market with a 40.8 percent share.
NIO sold 20,663 units in the same period, ranking 8th with a 2.7 percent share.
BYD clearly has pricing power, and interestingly, the man at the helm of the NEV giant also mentioned the topic earlier this week.
BYD has pricing power in the price range of RMB 100,000 ($14,560) to RMB 200,000, but the company wants to keep things steady, its chairman and president Wang Chuanfu said at a March 29 investor conference.
BYD doesn't want to make it hard for others to survive, Wang said.
($1 = RMB 6.8690)
The common feature of NIO, Li Auto, XPeng's mobile apps? Pretty girls!
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NIO begins ET5 deliveries in Europe
NIO ET7 deliveries in Europe began last October, and EL7 deliveries there began at the end of January. | NIO US | NIO HK | NIO SG
(Image credit: NIO App)
NIO (NYSE: NIO) began ET5 deliveries in Europe on March 31, the day before it opened its second NIO House in Germany.
The company saw the first deliveries of the electric sedan in Germany, Sweden and the Netherlands, according to the information posted on the Chinese and European versions of the NIO App.
NIO co-founder and president Qin Lihong was in Germany to witness the first ET5 deliveries there.
No information has been released about ET5 delivery figures in Europe. The company is expected to announce its deliveries of all vehicles in March later today.
NIO launched the ET7, ET5 and the EL7, known in China as the ES7, in Europe last October. ET7 deliveries began in Europe last October, and EL7 deliveries began at the end of January.
NIO initially only allowed European consumers to lease vehicles through NIO Subscription, with purchase options available starting in late November.
These products are made available for order gradually in Norway, Germany, the Netherlands, Denmark and Sweden through the NIO Subscription, lease program and direct sales to customers, NIO said on November 1 last year while announcing delivery figures for October.
The announced delivery volume represents vehicle deliveries through direct sales to users as well as to the leasing program partner in Europe in accordance with the revenue recognition policy of the company's vehicle sales, NIO said at the time.
The vehicles under NIO Subscription in Europe are recognized as assets on the company's balance sheet, but are not counted in the announced deliveries, according to the company.
The day before deliveries of ET5s began in Europe, NIO opened a new NIO House in Frankfurt, its second in Germany.
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Li Auto delivers 20,823 vehicles in Mar, up 25% from Feb
This article is being updated, please refresh later for more content.
Li Auto delivered 20,823 vehicles in March, the second time after last December that it exceeded 20,000, figures released today show.
This represents a 25 percent increase over February's 16,620 vehicles and an 88.72 percent increase over the 11,034 vehicles delivered in the same month last year.
The deliveries are the second highest for a single month since Li Auto's inception, after the previous record high of 21,233 vehicles in December last year.
Li Auto delivered 52,584 vehicles in the first quarter, up 65.8 percent year-over-year and up 13.53 percent from the fourth quarter last year.
The company provided guidance of 52,000 to 55,000 vehicles delivered and revenue guidance of RMB 17.45 billion to RMB 18.45 billion for the first quarter when it announced its fourth quarter earnings on Feb. 27.
As of March 31, 2023, the cumulative deliveries of Ideal Vehicles were 309,918 vehicles.
The following is a press release from Li Auto and the CnEVPost article is being updated.
Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China's new energy vehicle market, today announced that the Company delivered 20,823 vehicles in March 2023, surpassing the 20,000 monthly delivery mark again and representing an increase of 88.7% year over year.
This took the Company's first quarter deliveries to 52,584, up 65.8% year over year. The cumulative deliveries of Li Auto vehicles reached 309,918 as of the end of March.
“We have commenced deliveries of Li L7, our five-seat flagship family SUV, and are pleased to hear from its first users that their satisfaction with the vehicle has exceeded their expectation. As of the end of March, we delivered over 300,000 vehicles cumulatively, the fastest among China's premium NEV manufacturers to achieve this milestone,” commented Xiang Li, chairman and chief executive officer of Li Auto.
“We are also very excited to see that Li Auto has captured nearly 20% market share in the RMB300,000 to RMB500,000 SUV market in China, and become a brand of choice among premium family SUVs, demonstrating our product strengths and users' widespread recognition. Finally, we will begin to deliver Li L7 Air and Li L8 Air in April.”
As of March 31, 2023, the Company had 299 retail stores in 123 cities, as well as 318 servicing centers and Li Auto-authorized body and paint shops operating in 223 cities.
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