The sodium-ion battery-equipped model has a battery pack capacity of 23.2 kWh, a CLTC range of 230 km, and can be charged from 10 percent to 80 percent in 20 minutes.
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BYD has started construction on its sodium-ion battery facility in Xuzhou, Jiangsu province, with a total investment of RMB 10 billion and a planned annual capacity of 30 GWh.
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China's retail penetration of passenger NEVs was 39.6 percent in December and 35.7 percent in 2023, according to preliminary CPCA data.
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Preliminary estimates show that for the full year 2023, China's wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA.
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For dealer stores that meet their sales targets, BYD will give them a reward of RMB 666 for every vehicle they have sold, according to local media.
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Aito said it is ramping up delivery capacity, which is expected to top 30,000 vehicles in a single month beginning in 2024, as it secures more than 120,000 firm orders for the new M7.
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Leapmotor will showcase its in-house developed technologies at an event on January 10, when pre-sales of its first global model, the C10, will begin.
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Owners of vehicles with purchase invoice dates on or after January 1, 2024 will only be eligible to buy out the battery packs after one year.
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Customers who buy the Frigate 07 between January 1 and January 31 will get a discount of RMB 18,000, which is up to RMB 7,000 for the Seal series.
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For the full year 2023, Zeekr delivered 118,685 vehicles, a 64.98 percent increase year-on-year.
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