Tagged: China

NIO to launch new ET7 at Shanghai auto show besides new ES6

 This is the first time has mentioned the existence of the new ET7, after rumors began to emerge last month.  |  NIO US | NIO HK | NIO SG

(A NIO ET7 on display at the 2021 Shanghai auto show. Image credit: CnEVPost)

NIO (NYSE: NIO) will launch the new ET7 at the Shanghai auto show next week, in addition to the launch of the new ES6.

"At Auto Shanghai 2023, we are bringing the NIO House to the show floor once again," the electric vehicle (EV) maker announced today.

The full range of NIO models equipped with the Banyan intelligent system will be presented, the new ES6 will debut and the 2023 ET7 will be officially launched, NIO said.

Banyan is the software architecture for NIO's NT 2.0 platform-based models, and the company's NT 1.0 platform-based models use a software architecture called Aspen.

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 admission from April 22-27.

The show will be held at the National Exhibition and Convention Center in Shanghai, and NIO's booth is located in Hall 6.1, Stand 6A01.

The N-Box augmented entertainment console and AR glasses developed by NIO will be equipped on the EC7 for the first time for the public to experience, according to the company.

This is the first time NIO has confirmed the existence of the new ET7, after rumors began to emerge last month.

At the end of last month, some local media reported that the current NIO ET7 had been discontinued and that the facelift would be optimized for exterior and interior details.

On March 28, an image circulating on social media Xiaohongshu showed that the 2023 ET7 will have a new gold exterior option and will be available with a tow hook option.

Inside, the improved ET7 will have several details optimized, including the seats, wireless charging panel power, and low-speed beep, according to the information in the image.

The NIO ET7 was launched at the NIO Day 2020 event on January 9, 2021, the company's first sedan, with deliveries beginning on March 28, 2022.

Deliveries of the ET7 remained around 3,000 units per month for the vast majority of the second half of last year, but the figures slipped to 1,379 units in December.

Regarding the new ES6, NIO mentioned on April 1 that the model will be unveiled at the Shanghai auto show.

Notably, like the ES7, which is known as the EL7 in Europe, the new ES6 will also be known as the new EL6 in international markets, according to a previous NIO press release.

NIO's new ES6 to debut at Shanghai auto show later this month

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China’s Mar passenger NEV retail up 23.6% MoM to 543,000, CPCA data show

In retail, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.

Retail sales of new energy passenger vehicles (passenger NEVs) in China were 543,000 units in March, up 21.9 percent year-on-year and up 23.6 percent from February, according to data released by the China Passenger Car Association (CPCA) on April 10.

This is lower than the CPCA's preliminary figure of 549,000 units released on April 6, and lower than the 560,000 units it estimated in its March 25 report.

Battery electric vehicles (BEVs) continued to dominate, with 383,000 retail sales in March, accounting for 70.5 percent of all NEV retail sales. This represents a 6.4 percent year-on-year increase and a 30.1 percent increase from February.

Plug-in hybrid vehicles (PHEVs) accounted for 160,000 retail sales in March, contributing 29.5 percent of NEV retail sales, up 87.6 percent year-on-year and up 10.4 percent from February.

Retail sales of all passenger vehicles in China were 1,587,000 units in March, up 0.3 percent year-on-year and up 14.3 percent from February, according to the CPCA.

In terms of retail sales, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.

The penetration rate of NEVs was 54.7 percent for local brands, 33.6 percent for luxury brands and 4.2 percent for mainstream joint venture brands.

Wholesale sales of new energy passenger vehicles in China were 617,000 units in March, up 35.2 percent year-on-year and up 24.5 percent from February.

This represents a 31 percent penetration of NEVs at wholesale in March, up 6 percentage points from the 25.1 percent penetration in March 2022 and up from 30.6 percent in February.

Chinese domestic brands saw a NEV penetration of 46.4 percent at wholesale in March, compared to 36 percent for luxury brands and 3.7 percent for mainstream joint venture brands.

China exported 70,000 passenger NEVs in March, with BEVs accounting for 94.3 percent of the total.

SAIC passenger car unit exported 23,654 units, BYD 13,312 units and China 12,206 units in March.

The recent drop in the price of lithium carbonate has helped manufacturers launch more cost-effective NEV models, the CPCA said.

But at the same time, the recent price cuts by some NEV companies may trigger a wait-and-see mood among consumers, the CPCA said.

Tesla delivers 76,663 vehicles in China in Mar, exports 12,206 from Shanghai plant

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BYD flexes innovation muscle, unveils intelligent body control system

BYD officially unveiled its intelligent body control system called DiSus, a technological breakthrough that follows its DM Super Hybrid technology, e-Platform 3.0, Blade Battery and e⁴ platform.

 

The video above, recorded by CnEVPost at BYD's technology launch event today, showcases the latest innovation from the Chinese new energy vehicle (NEV) giant.

BYD officially unveiled its intelligent body control system, called DiSus, at its Shenzhen global headquarters on April 10, another technological breakthrough following its DM Super Hybrid technology, e-Platform 3.0, Blade Battery and e⁴ platform.

The company had previously warmed up for the technology, which is called 云辇 in Chinese, Yunnian in pinyin, literally meaning the vehicle in which the emperor rides.

Similar to how BYD shocked the audience by having the U8 SUV enter in crabwalk mode when it unveiled the e⁴ platform at the Yangwang brand's launch on January 5, it earned the same excitement by having the U9 perform a body dance at today's launch.

The BYD DiSus system is the first in-house developed intelligent body control system introduced by a Chinese auto company, marking a breakthrough from zero to one, said Wang Chuanfu, chairman and president of the NEV maker.

The body control system ensures that the vehicle is agile and effectively compatible in most driving scenarios, minimizing the risk of vehicle rollover and reducing the displacement of occupants during high-speed cornering, full-throttle acceleration, or emergency braking, Wang said.

BYD DiSus system can protect the vehicle from scratches and damage under various road conditions, including snow, mud and water.

BYD's breakthrough in this technology has been made possible by the advantages in electrification and intelligence of NEVs, according to Wang.

Electrification has brought about changes in vehicle architecture, and vehicle control has shifted from mechanical control to electrical signal control, with dramatic increases in precision and efficiency, Wang explained.

At the same time, NEVs are equipped with a variety of sensing elements and a deep intelligent fusion, making the perception dimension more diversified, he said.

Unlike solutions that focus on a single technology or a single component enhancement, BYD offers a systematic solution for vertical motion control, he said.

The system provides collaborative control in body dynamics, laying the foundation for future development of advanced driver assistance systems (ADAS), he said.

Three branches

The BYD DiSus system is divided into three branches, including the Intelligent Damping Body Control System (DiSus-C), the Intelligent Air Body Control System (DiSus-A), and the Intelligent Hydraulic Body Control System (DiSus-P).

DiSus-C adjusts the damping by controlling the damper solenoid valve, and the system brings significant improvement in driving comfort compared to traditional passive suspension.

The system can receive thousands of signal inputs per second, and the DiSus intelligent computing center has processing times as fast as microseconds, allowing for rapid adjustment of damper damping, according to BYD.

DiSus-A, on the other hand, is somewhat similar to the air suspension currently used in many high-end vehicles, with a suspension adjustment of up to 150 mm.

The branch offers more than a dozen function modes, including adjusting with speed, welcome mode, convenient access mode, and height safety lock mode. Users can also personalize the settings for a richer experience.

DiSus-P is the most advanced of these three branches, and BYD said it is the world's first intelligent hydraulic body control system.

The system can control the oil intake of the damper, damping adjustment valve and stiffness adjustment valve to achieve dynamic adjustment of body control.

The DiSus-P suspension has an adjustable travel of up to 200 mm, and it can lift all four wheels simultaneously as well as independently for a single wheel.

In daily driving, DiSus-P is at the first level of stiffness to provide a comfortable ride.

When the vehicle is in a sharp acceleration and deceleration, high-speed cornering and other intense driving conditions, DiSus-P can provide an instantaneous 200 percent increase in stiffness to allow the vehicle to achieve better handling performance.

When the vehicle encounters a fall and other emergencies in high-intensity off-road, DiSus-P can trigger the third-stage stiffness in an emergency, effectively reducing the impact load by 50 percent, according to BYD.

BYD has conducted more than 30 months and over 10 million kilometers of endurance verification for the DiSus system, covering temperature environments from -40°C to 85°C, according to the company.

Mass production plans

DiSus-P will be first equipped on Yangwang U8 and DiSus-A will be equipped on Denza N7.

Some BYD Han, BYD Tang and Denza models with hardware conditions will be able to equip DiSus-C through Over-the-Air (OTA) upgrades.

In addition, several models under BYD's new brand focused on professional and personalized identities, which will be launched this summer, will also use the DiSus system, according to the company.

At the end of today's launch event, BYD offered an Easter egg, the dancing of the body of the Yangwang U9 supercar shown in the video at the beginning of this post.

The Yangwang U9 is equipped with a branch called DiSus-X that demonstrates its ability to dance, jump and drive even with only three wheels.

The DiSus system is the latest in BYD's vast technology reserve to be made public, and Wang had previously mentioned that BYD's technology reserve is like a fish pond, ready to fish one up when needed.

BYD is already the world's largest manufacturer of NEVs, having sold 1,863,494 NEVs in 2022, up 208.64 percent year-on-year.

The company aims to sell at least 3 million vehicles in 2023 and become the largest automaker in China by the end of the year.

Its latest technology, announced today, is expected to increase the appeal of models equipped with it and thus help the company achieve its goals.

BYD officially launches Yangwang brand, debuts hardcore off-road SUV U8 and supercar U9

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Tesla delivers 76,663 vehicles in China in Mar, exports 12,206 from Shanghai plant

Tesla's share of the NEV market in China was 14.12 percent in March and 20.02 percent in the BEV market.  |  TSLA.US

Tesla (NASDAQ: TSLA) delivered a near-record high number of vehicles in China in March, with its Shanghai plant producing vehicles in the second half of each quarter primarily for local deliveries.

Tesla China exported 12,206 vehicles in March, according to data released today by the China Passenger Car Association (CPCA).

That means Tesla delivered 76,663 vehicles in China in March, considering the CPCA released data on April 4 showing that the EV maker sold 88,869 China-made vehicles in March.

Tesla has a factory in Shanghai that produces the Model 3 and Model Y. The factory exported 69.85 percent fewer vehicles in March than the 40,479 units in February, up from 60 units a year earlier.

Last March, Tesla's Shanghai plant saw a big drop in exports due to a Covid lockdown. The plant did not export any vehicles in April last year.

Including exports, the China-made Model 3 sold 27,202 units in March and the Model Y 61,667 units, the CPCA data released today showed. Breakdown figures for both models' sales in China are expected to be available in the coming days.

In March, retail sales of new energy vehicles (NEVs) in China were 543,000 units, up 21.9 percent year-on-year and up 23.6 percent from February, according to the CPCA.

Retail sales of battery electric vehicles (BEVs) in China were 383,000 units in March, up 6.38 percent year-on-year and up 30.04 percent from February.

This means that Tesla's share of the NEV market in China was 14.12 percent in March, up from 7.73 percent in February. It had a 20.02 percent share of the BEV market in China in March, up from 11.5 percent in February.

BYD's retail sales in March were 192,000 units, with a market share of 35.36 percent, according to the CPCA.

BYD's BEV sales figures for March are not yet available; the company previously reported BEV wholesale sales of 102,670 units, contributing 49.58 percent of its NEV sales.

Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system

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NIO scales back purchase benefits, NOP+ software to start charging in Jul

will no longer give customers a free home charger, and will upgrade NOP+ to a formal release and start a subscription system for the software starting July 1 for RMB 380 per month.

(Image credit: CnEVPost)

NIO (NYSE: NIO) announced two important decisions today that are expected to spur order growth in the short term, as well as allow the software to start contributing to revenue.

The Chinese electric vehicle (EV) maker is scaling back the benefits it offers customers, as its user base has recently surpassed 300,000.

Starting June 1, customers who purchase the NIO ET7, EC7, ES7 and ET5 will no longer continue to receive free home chargers, and the free battery swap benefit will be adjusted to four times per month, the company announced today.

As background, NIO has offered customers free home chargers and four free battery swaps per month for the past several years.

If customers choose to forgo the free home charger, they will receive six free battery swaps per month.

For customers who pay a deposit for the above models on or before May 31, the benefits for first-time owners will remain the same.

Test drives and lock-in orders for the new ES8 will be allowed starting in June, and customers who pay a deposit for the model before August 1 will still enjoy these benefits before they are scaled back.

For all customers who have already received deliveries of the vehicles, their rights are not affected, NIO stressed.

The move is expected to boost potential customers' car purchase decisions in the short term, as the 7 kW home charger NIO has been giving away in past years costs RMB 7,500 ($1,090) each.

The free battery swap entitlement that NIO offers owners 4-6 times per month is valid for life.

The move comes at a time when NIO's user base is getting larger. The EV maker delivered 10,378 vehicles in March, bringing its cumulative deliveries since inception to 320,597, according to data released earlier this month.

In addition to the reduced vehicle purchase rights, the NOP (Navigate on Pilot) + assisted driving software, which NIO offers owners a free trial of, will require a fee starting in July.

The free trial of NOP+ Beta will end on June 30, and from July 1 the software will be upgraded to a formal release and on a subscription basis for RMB 380 per month, the company announced today.

NOP+ is NIO's assisted driving feature based on its NT 2.0 platform, which enables a point-to-point assisted driving experience on highways and urban expressway scenarios.

NOP+ Beta features include automatic ramp entry and exit, automatic selection of the optimal lane, and active passing of slow-moving vehicles.

On December 27, 2022, NIO began recruiting the first beta testers for NOP+ Beta, which was limited to 10,000 slots.

On February 20, NIO began allowing owners of all its NT 2.0 platform vehicles to apply for a trial of NOP+.

As of April 8, nearly 45,000 owners have participated in the free trial of NOP+ Beta, and the mileage has exceeded 21 million kilometers, NIO said today.

NIO has collected more than 38,000 user feedbacks in the trial, allowing more than 20 iterations of the software, it said.

Currently, NOP+ Beta has covered 95 percent of China's core highways and urban expressways, and has significantly improved the safety and comfort of the experience in scenarios including following, changing lanes to overtake and ramp passing, NIO said.

NOP+ will gradually switch and upgrade to BEV architecture in 2023, and the leading hardware capability and algorithm architecture will help NOP+ cover more road scenarios, the company said.

In addition, starting in the second half of 2023, the pilot assisted driving feature in the middle of battery swap stations on highways will gradually cover all such stations, NIO said.

Notably, NIO has set aside time for potential customers to consider it.

Customers who purchase ET7, ES7, EC7 and ET5 before June 1, and those who purchase the new ES8 before August 1, will receive 2 years of free access to NOP+.

Customers who have previously purchased the NIO Pilot software will receive at least 5 years of free NOP+ if they purchase a new Banyan-based model from NIO again.

($1 = RMB 6.8750)

NIO reaches 20 million battery swap service milestone

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