The new plant will be built on the site of the former Detroit Pistons Arena in Auburn Hills.
Month: May 2023
From January to April, Neta delivered 37,256 vehicles. The company is aiming to deliver 300,000 vehicles this year.
Neta Auto, Hozon Auto's electric vehicle (EV) brand, delivered 11,080 vehicles in April, the third consecutive month of more than 10,000 vehicles, according to data released today.
That's up 25.72 percent from 8,813 vehicles in the same month last year and up 9.84 percent from 10,087 vehicles in March.
Neta's flagship sedan, the Neta S, delivered 2,237 units in April, up 1.41 percent from 2,206 units in March.
In January-April, Neta delivered 37,256 vehicles, down 4.39 percent from 38,965 in the same period last year.
Neta S delivered 8,008 units in January-April and 10,213 units in total since deliveries began in October last year, according to data monitored by CnEVPost.
Neta has been seen as a budget EV maker since its inception, as its vehicles are priced primarily at the lower end of the market, with the Neta V and Neta U priced at around RMB 100,000 ($14,470) to RMB 150,000.
The Neta S, its first effort at the premium end of the market, officially launched in China on July 31, 2022, with a current starting price range of RMB 202,800 to RMB 341,800.
On the first day of the Shanghai auto show on April 18, Neta officially launched the Neta GT sports car with a starting price of RMB 178,800 to 227,800.
Neta is targeting sales of 300,000 units in 2023, local media China Securities Journal reported on February 7.
The EV maker has sales of 152,073 units in 2022, up 118 percent year-on-year, including 3,456 units delivered overseas, according to data it previously announced.
($1 = RMB 6.9121)
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Production is already underway at the company’s factory in Normal, Illinois.
Great Wall Motor’s (GWM) Ora Brand has an interesting litter of Cats available in China. This litter includes the R1, also known as the Black Cat; the R2, also known as the White Cat; the R3, popularly known as the Good Cat but renamed the Funky Cat in the United Kingdom and other places; the […]
From January to April, GAC Aion sold 121,320 vehicles, up 120.24 percent from 55,086 vehicles in the same period last year.
GAC's new energy vehicle (NEV) subsidiary, GAC Aion, sold a record 41,012 vehicles in April, the second consecutive month to exceed the 40,000-unit mark, according to data released today.
This represents a 301.61 percent increase over the 10,212 units sold in the same month last year and a 2.49 percent increase over the 40,016 units sold in March.
In January-April, GAC Aion sold 121,320 vehicles, up 120.24 percent from 55,086 units in the same period last year, according to data monitored by CnEVPost.
GAC Aion is currently selling the Aion series, targeting the mass market, such as the Aion S sedan with a price range of RMB 139,800 ($20,230) to RMB 172,800.
The company unveiled its new premium brand Hyper on September 15, 2022, and its first model, the Hyper SSR supercar, to enter the higher end of the market.
GAC Aion offers two versions of the Hyper SSR, with the regular version priced at RMB 1.286 million in pre-sale and capable of accelerating from 0 to 100 kilometers per hour 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.
GAC Aion said at the time that the model was the fastest accelerating car on the planet and would begin mass production and delivery in October 2023.
On April 16, on the eve of the Shanghai auto show, the Hyper brand's second model, the Hyper GT sedan, opened for pre-sale with a price range of RMB 219,900 to RMB 339,900.
The Hyper GT is available in five versions, one of which supports battery swap, like NIO models.
The Hyper GT will be officially launched in June and deliveries will begin during the year.
($1 = RMB 6.9121)
GAC Aion begins pre-production performance testing of Hyper SSR supercar
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April was the first full month of deliveries for Li Auto's cheaper five-seat SUV, the Li L7. | Li Auto US | Li Auto HK
Li Auto (NASDAQ: LI) saw record deliveries last month as the new, cheaper SUV, the Li L7, began to contribute significantly to sales.
The Chinese automaker delivered 25,681 vehicles in April, another monthly high while surpassing the 20,000-delivery mark for the second consecutive month, according to data released today.
This represents a 516.29 percent increase over the 4,167 units delivered in the same month last year and a 23.33 percent increase over the 20,823 units delivered in March.
As of the end of April, Li Auto has delivered a total of 335,599 units since its inception.
"We are pleased to have delivered over 10,000 Li L7s in its first full month of deliveries, establishing the vehicle as a preferred choice among five-seat premium SUVs for Chinese families while marking the first time a Chinese branded five-seat SUV priced above RMB300,000 has achieved this monthly delivery milestone," said Li Xiang, chairman and CEO of Li Auto.
"Regarding autonomous driving, we expect to release the city NOA for beta testing in Li AD Max 3.0 this quarter and target to roll out in 100 cities nationwide by the year end," he added.
Li Auto's three models currently on sale -- Li L9, Li L8 and Li L7 -- are extended-range electric vehicles (EREVs), which are essentially plug-in hybrids.
The big selling point of these models is that they don't have the range anxiety of battery electric vehicles (BEVs), as they can be charged as well as refueled.
Li Auto launched the Li L7, its first five-seat SUV, on February 8.
The Li L7 is the least expensive of its product array, with Pro as well as Max versions starting at RMB 339,800 ($49,160) and 379,800 respectively. The Li L7 has a lower-priced Air version available, starting at RMB 319,800.
Deliveries of the Li L7 Pro and the Li L7 Max begin on March 11, and deliveries of the Li L7Air begin in late April.
Li Auto also launched an Air version of the Li L8 alongside the Li L7 at a starting price of RMB 339,800. The Li L8 was previously available in Pro and Max versions at RMB 359,800 and RMB 399,800 respectively.
The Li L9 is currently only available in Max version with a starting price of RMB 459,800.
In terms of product planning, Li Auto aims to create a model portfolio of one super flagship, five EREVs and five BEVs by 2025 to meet the diverse needs of families in the price range of 200,000 yuan and above, Li said.
As of April 30, the company had 302 retail stores in 123 cities and 318 service centers and Li Auto-authorized body and paint stores in 222 cities.
($1 = RMB 6.9121)
Li Auto CEO predicts China NEV penetration to exceed 80% by Dec 2025
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A few months ago, I got a surprising phone call from my dad and brother. As I’ve said here before, I grew up in a transmission shop, and I’ve had several other family members growing up who worked in the automotive industry, but most of what I grew up with were ICE (internal combustion engine) […]
Medium- and heavy-duty electric trucks, like any electric vehicle, require charging infrastructure that is both accessible and effective. However, charging infrastructure for these vehicles presents a bigger challenge than that of smaller electric vehicles due to their larger size and greater power requirements. Firstly, medium- and heavy-duty electric trucks typically have bigger batteries, which means […]