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BYD BYD Chaser 07 China Electric eMobility eV Regulatory Filing

Regulatory filing: Here comes BYD Chaser 07

The Chaser 07 is about the same size as the BYD Han PHEV and will target the RMB 200,000 to 250,000 hybrid market.

Regulatory filing: Here comes BYD Chaser 07-CnEVPost

BYD (OTCMKTS: BYDDY) unveiled the Chaser 07 hybrid sedan at the Shanghai auto show, and now a regulatory filing reveals more information about the model.

China's Ministry of Industry and Information Technology released the latest batch of models that will be allowed to be sold in a catalog for public comment on May 9, and the BYD Chaser 07 was included.

The public can submit feedback between May 10 and May 16. Entry into the catalog is the last major regulatory process for a model to be allowed to be sold in China.

There are four versions of the Chaser 07 in the catalog, all of which are plug-in hybrid electric vehicles (PHEVs).

Regulatory filing: Here comes BYD Chaser 07-CnEVPost

Two of them have a 1498 ml displacement engine with a peak power of 81 kW, and they are equipped with an electric motor with a peak power of 145 kW.

The other two versions have a 1497 ml displacement engine with a peak power of 102 kW. They both have an electric motor with a peak power of 160 kW.

The length, width and height of the BYD Chaser 07 are 4,980 mm, 1,890 mm and 1,495 mm, respectively, with a wheelbase of 2,900 mm, according to the filing.

For comparison, the hybrid version of BYD Han has a length, width and height of 4,975 mm, 1,910 mm and 1,495 mm, respectively, and a wheelbase of 2,920 mm.

On the first day of the Shanghai auto show on April 18, BYD officially unveiled the Chaser 07, a new model of its Ocean series, with a starting price of RMB 200,000 ($29,090) to RMB 250,000.

The Chaser 07's NEDC pure electric range will have two options of 121 km and 200 km, according to the information BYD announced at the time.

The model will be officially launched in the third quarter.

($1 = RMB 6.9244)

BYD unveils Song L concept SUV, Chaser 07 hybrid sedan at Shanghai auto show

Regulatory filing: Here comes BYD Chaser 07-CnEVPost

Regulatory filing: Here comes BYD Chaser 07-CnEVPost

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BYD China Electric eMobility eV Regulatory Filing Yangwang Yangwang U8

Regulatory filing: Key specs of BYD Yangwang U8 off-road SUV revealed

The Yangwang U8 has a total weight of 3,985 kg and is equipped with four electric motors, each having a maximum power of 220 kW.

Regulatory filing: Key specs of BYD Yangwang U8 off-road SUV revealed-CnEVPost

Yangwang, the premium brand of BYD (OTCMKTS: BYDDY), started pre-sales of its first model, the U8, at the Shanghai auto show last month, but did not reveal much about the off-road SUV's specifications. Now, a regulatory filing has revealed more information.

China's Ministry of Industry and Information Technology released the latest batch of models that will soon be allowed to be sold in a catalog for public comment on May 9, and the Yangwang U8 was included.

The public can submit feedback between May 10 and May 16. Entry into the catalog is the last major regulatory process for a model to be allowed to be sold in China.

The Yangwang U8 has only one model, the "QCJ2040ST6HEV", in the catalog, which includes information on its exterior, dimensions and powertrain.

The model has a length, width and height of 5,319 mm, 2,050 mm and 1,930 mm, respectively, and a wheelbase of 3,050 mm, according to its filing page.

It has a total weight of 3,985 kg and a top speed of 200 km/h.

Regulatory filing: Key specs of BYD Yangwang U8 off-road SUV revealed-CnEVPost

The Yangwang U8 uses a plug-in hybrid system with a 2.0 T displacement engine and a maximum power of 200 kW.

It is powered by four electric motors, each with a peak power of 220 kW.

The model has 5-seat and 7-seat versions and supports the option of tow hook, according to the filing.

Yangwang U8 will be equipped with lithium iron phosphate batteries provided by BYD's power battery division FinDreams, although the capacity information is currently unknown.

BYD officially launched the Yangwang brand on January 5 and unveiled the first two models -- Yangwang U8 and Yangwang U9 supercar.

The U8, the first production model of the Yangwang brand, was available for pre-sale on April 18, the day of the Shanghai auto show, with a pre-sale price of RMB 1,098,000 ($158,700).

The model takes 3.6 seconds to accelerate from 0 to 100 km/h and has a CLTC pure electric range of 180 km, according to information previously announced by Yangwang.

The Yangwang U8 is available in two versions for pre-order -- the Premium Edition, which will begin deliveries in September, and the Off-road Master Edition, which will start deliveries later.

($1 = RMB 6.9204)

BYD Yangwang begins pre-sale of U8 off-road SUV at $160,000

Regulatory filing: Key specs of BYD Yangwang U8 off-road SUV revealed-CnEVPost

Regulatory filing: Key specs of BYD Yangwang U8 off-road SUV revealed-CnEVPost

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China CPCA Deliveries Electric eMobility eV EV Data Industry News Monthly Data Tesla

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

China's NEV penetration at retail was 32.3 percent in April, up 6.6 percentage points from 25.7 percent in April 2022 but lower than 34.2 percent in March.

Retail sales of new energy passenger vehicles (passenger NEVs) in China were 527,000 units in April, up 85.6 percent year-on-year but down 3.6 percent from March, according to data released today by the China Passenger Car Association (CPCA).

This was lower than the CPCA's preliminary figure of 529,000 units released on May 6 and higher than its estimate of 500,000 units released on April 25.

Battery electric vehicle (BEV) retail sales in April were 370,000 units, accounting for 70.2 percent of all NEV retail sales. This represents a 73.5 percent year-on-year increase and a 4.3 percent decrease from March.

Plug-in hybrid (PHEV) retail sales in April were 157,000 units, contributing 29.8 percent of NEV retail sales, up 122.0 percent year-on-year and down 1.8 percent from March.

Retail sales of all passenger vehicles in China were 1.63 million units in April, up 55.5 percent year-on-year and up 2.5 percent from March.

Notably, this is the second time since 2010 that China's retail vehicle sales were higher in April than in March, the CPCA said.

The penetration of NEVs at retail in China was 32.3 percent in April, up 6.6 percentage points from 25.7 percent in April 2022 but down from 34.2 percent in March.

The penetration rate of NEVs was 56.5 percent for local brands, 23.8 percent for luxury brands and 4.4 percent for mainstream joint venture brands.

Wholesale sales of passenger NEVs in China were 607,000 units in April, up 115.6 percent year-on-year but down 1.7 percent from March.

This means that the penetration of NEVs at wholesale was 33.9 percent in April, up 5.9 percentage points from 28 percent penetration in April 2022 and up from 31 percent in March.

China's local brands had 49.5 percent penetration of NEVs at wholesale in April, compared to 35.5 percent for luxury brands and 4.1 percent for mainstream joint venture brands.

China exported 91,000 passenger NEVs in April, with BEVs accounting for 92.8 percent of the total. This represents a year-on-year increase of 1028.5 percent, up 29.4 percent from March, and contributes 31 percent of all passenger car exports.

China exported 35,886 units in April, SAIC passenger cars 21,450 units and BYD 14,827 units, the CPCA said.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant

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Baojun Baojun Yep China Electric eMobility eV Industry News Saic-gm-wuling

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25

SAIC-GM-Wuling's Baojun brand has released several images of the Yep, showing the model somewhat similar to the Suzuki Jimny.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

(Image credit: Baojun)

SAIC-GM-Wuling will soon release a new model, as the mini electric vehicle (EV) specialist continues to deepen its expertise in the field.

The automaker's Baojun brand announced on Weibo today that it will launch a new mini EV model, the Baojun Yep, on May 25.

Baojun unveiled its new logo earlier today, saying that the Yep will be the first model to use the new logo.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

The brand began previewing the Baojun Yep last week, releasing several images of the car's exterior that show the model somewhat resembling the Suzuki Jimny.

The Baojun Yep has a length, width and height of 3,381 mm, 1,685 mm and 1,721 mm, respectively, and a wheelbase of 2,110 mm, previous regulatory filings showed.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

For comparison, SAIC-GM-Wuling's other model, the Hongguang Mini EV, has a length, width and height of 3,059 mm, 1,521 mm and 1,614 mm, respectively, and a wheelbase of 2,010 mm.

The Baojun Yep will be powered by a permanent magnet synchronous motor with a peak power of 50 kW and a peak torque of 140 Nm.

The model has a battery pack capacity of 28.1 kWh and a CLTC range of 303 km.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

In addition to the regular version, Baojun shared images of a two-door pickup version of the Yep on Weibo yesterday, a move similar to SAIC-GM-Wuling's launch of a convertible version of the Mini EV in September 2022.

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

SAIC-GM-Wuling to launch new mini EV Baojun Yep on May 25-CnEVPost

SAIC-GM-Wuling is a joint venture between SAIC, General Motors and Liuzhou Wuling Automobile, headquartered in Liuzhou in southwestern China's Guangxi Zhuang Autonomous Region.

It sells vehicles based on the GSEV (Global Small Electric Vehicle) architecture in China, including the Mini EV, KiWi EV, Nano EV and Air EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and vans.

In the small EV segment, in addition to the hot-selling Mini EV, SAIC-GM-Wuling launched the Air EV in China in December last year and the Binguo EV at the end of March this year.

SAIC-GM-Wuling sold 77,701 new energy vehicles (NEVs) in the first quarter, 69,842 of which were Mini EVs, according to the China Passenger Car Association (CPCA).

SAIC-GM-Wuling launches new EV model, price from $8,680

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BYD China Denza Denza N8 Electric eMobility eV Product Plans

Denza shows interior details of new SUV N8

Denza posted images on Weibo today showing the N8 with a large glass roof, a large center screen and rear tabletops.

Denza shows interior details of new SUV N8-CnEVPost

(Image credit: Denza)

BYD's premium new energy vehicle (NEV) brand Denza has unveiled the interior design of the Denza N8, as it ramps up its preview of the new SUV.

Images posted by Denza on Weibo today show the N8 with a large glass roof, a large center screen and rear tabletops.

In China's increasingly competitive electric vehicle (EV) market, automakers are racing to offer features that will provide consumers with more convenience in their driving experience.

Denza shows interior details of new SUV N8-CnEVPost

Denza was formed in February 2011 as a joint venture between BYD and Daimler, each holding a 50 percent stake, and Daimler was rebranded as Mercedes-Benz in February 2022.

BYD's stake in Denza increased to 90 percent last year, and Mercedes-Benz's stake decreased to 10 percent.

Denza is currently offering only the D9, an MPV that went on sale in August 2022 and began deliveries in October last year.

The N8 will be the third model in the rebranded Denza, with the second model, the N7, to be released in the first half of this year. The release date for the N8 has not yet been announced.

Denza shows interior details of new SUV N8-CnEVPost

On March 29, Denza unveiled the exterior of the N8, which will carry over much of the design of the discontinued Denza X.

On April 11, the Denza N8 appeared in a catalog of models that will soon be allowed to be sold in China, published by the Chinese industry regulator.

The Denza N8 entered the catalog in four versions, including a single-motor all-electric version, a two-motor all-electric version, a DM-i plug-in hybrid version, and a DM-p plug-in hybrid version.

The single-motor version is equipped with a 230-kW peak power motor, and the dual-motor version has 230-kW and 200-kW peak power front and rear motors, respectively.

The model's length, width and height are 4,949 mm, 1,950 mm and 1,725 mm, respectively, with a wheelbase of 2,830 mm, according to the filing.

Denza shows interior details of new SUV N8-CnEVPost

Denza delivered 10,526 vehicles in April, up 1.23 percent from 10,398 in March.

Denza has a chance to see monthly sales of more than 20,000 units this year, said Zhao Changjiang, general manager of the company's sales division, on Weibo on May 7.

Denza's new SUV model N7, which is on pre-sale, is expected to receive more than 6,000 new orders this month and is expected to reach 30,000 orders before its official launch, Zhao said.

Denza could see monthly sales of over 20,000 units this year, exec says

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China Electric eMobility eV Nio NIO ES7 Wait Times

NIO ES7 wait time gets slightly longer

The ES7's current expected delivery date is about 4 weeks, up from about 3 weeks previously.

NIO ES7 wait time gets slightly longer-CnEVPost

(Image credit: CnEVPost)

NIO's (NYSE: NIO) ES7 SUV has seen slightly longer wait times in China. Late last month some owners of the model voiced their displeasure as the new ES6 is coming.

The ES7's current expected delivery date is about 4 weeks, up from about 3 weeks previously, information from the NIO App monitored by CnEVPost shows.

The last change in the information was on April 25, when the model's wait time was reduced from 3 to 5 weeks to about 3 weeks.

NIO ES7 wait time gets slightly longer-CnEVPost

(Screenshot on May 9.)

The NIO ES7, launched on June 15, 2022, is NIO's second model based on the NT 2.0 platform and is the first SUV on this second-generation platform.

NIO began deliveries of the ES7 on August 28, 2022, with a cumulative total of 15,123 units delivered by the end of January this year, according to data monitored by CnEVPost.

Late last month, many ES7 owners formed WeChat groups in order to jointly protest to NIO arguing that the automaker betrayed them because the new ES6 will not only have lower prices, but also have a competitive edge with their vehicles.

NIO officially launched the 2023 ET7 sedan and gave the improved ES6 its debut on the first day of the Shanghai auto show on April 18.

The new ES6 is already available for pre-order, but the official launch will be in late May. William Li, NIO founder, chairman and CEO, said previously the model will move quickly from official launch to delivery.

NIO's website and app currently showcase seven models -- the new ES8, ES7, new ES6, EC7, EC6, ET7, and ET5.

In the vehicle configurator of NIO App, there are 5 models available -- new ES8, ES7, EC7, ET7, ET5, and the configurator of new ES6 and EC6 based on NT 1.0 platform is not available.

Wait time information for all other NIO models remains unchanged, with the new ES8 still showing deliveries expected to begin in June, the EC7 wait time around 5 weeks, the ET7 around 3 weeks, and the ET5 around 2 weeks.

Below is CnEVData's redesigned tracking table for NIO model wait times, you can subscribe to see the details.

NIO model wait time update: ES7 gets longer

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China Electric eMobility eV Lawsuits Nio Tesla

NIO gears up for tough stance on false rumors, sets up legal desk social media accounts

NIO has officially opened accounts dedicated to its legal department on Weibo and the short video platform Douyin, following similar actions by and .

(Screenshot of NIO legal department's account page on Douyin.)

NIO is ready to step up its fight against false rumors, as such information circulates widely ahead of the official launch of the highly anticipated new SUV ES6.

The Chinese electric vehicle (EV) maker today officially opened accounts dedicated to its legal department on Weibo as well as on the short video platform Douyin, CnEVPost has learned.

As of press time, NIO's legal department account has 128 followers on Weibo and 1,756 followers on Douyin, although no content has been posted yet.

(Screenshot of NIO legal department's account page on Weibo.)

NIO's move comes at a time when false information about it has recently increased significantly ahead of the new ES6 SUV's launch. The company unveiled the new ES6 on the first day of the Shanghai auto show on April 18, and its official launch will be later this month.

NIO is currently switching its models from the older NT 1.0 platform to the newer NT 2.0 platform, and the resulting customer wait-and-see may be one of the key reasons for the low sales over the past few months.

NIO delivered 6,658 vehicles in April, up 31.22 percent from 5,074 in the same month last year, but down 35.85 percent from 10,378 in March, the second consecutive monthly decline.

The weak performance has been compared by some on Chinese social media to the company's most difficult times more than three years ago, and there are even rumors that German auto giant Volkswagen may buy NIO.

NIO has previously had a high tolerance for false rumors and usually doesn't take a hard line.

The company's latest move is similar to what Tesla (NASDAQ: TSLA) and Li Auto (NASDAQ: LI) have done in the social media space.

Tesla's legal department in China opened an account on Weibo in June 2021 and has been playing a big role in combating false information involving the company.

Li Auto opened a Weibo account for its legal department in September 2022 and has made several clarifications about false information.

On May 5, a Weibo blogger claimed he had worked with Li Auto in April for a deal worth RMB 300,000 ($43,370). Li Auto's founder, chairman and CEO Li Xiang subsequently denied it on Weibo and asked the car company's legal department to intervene.

The creation of the legal department's social media accounts is the latest move by NIO in its fight against what it sees as violations of its reputation.

Late last month, the EV maker sued a vlogger with 6.5 million followers on Douyin, accusing him of spreading false information and violating its reputation.

NIO demanded that the blogger publicly apologize on Douyin and pay RMB 2 million in damages.

($1 = RMB 6.9180)

NIO sues vlogger for $290,000 for spreading false information

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China Electric eMobility eV Zeekr Zeekr X

Zeekr begins allowing lock-in of Zeekr X orders

The Zeekr X was launched on April 12, with deliveries expected to begin in June.

Zeekr begins allowing lock-in of Zeekr X orders-CnEVPost

(Image credit: CnEVPost)

Geely Holding Group's premium electric vehicle brand Zeekr has begun allowing consumers to lock in orders for the Zeekr X, following the official launch of the compact SUV a month ago.

Zeekr today began allowing orders for the Zeekr X to be locked, and consumers will not be able to change their order information after doing so, according to a post on the company's mobile app today.

For consumers who have previously reserved the model, their orders will be automatically locked if they do not have any action by 24:00 on May 31, according to the article.

Test drives of the Zeekr X will be available in Zeekr stores starting May 9, Zeekr said, adding that deliveries of the model are expected to begin in June.

Zeekr officially launched the Zeekr X, its third model, at a launch event in the southwestern Chinese city of Chengdu on April 12. It comes in three versions, one starting at RMB 189,800 ($27,450) and the other two at RMB 209,800.

With a length, width and height of 4,450mm, 1,836mm and 1,572mm respectively, and a wheelbase of 2,750mm, the Zeekr X is a typical compact SUV.

Zeekr hopes to use the SUV to disrupt the compact luxury car market, which is dominated by Mercedes-Benz, BMW and Audi, and its CEO Andy An said at the launch event that the market currently has only luxury brands and no real luxury products.

With a combined maximum power of 315 kW and maximum torque of 543 Nm, the dual-motor version of the Zeekr X can sprint from 0 to 100 km/h in 3.7 seconds.

Even the single-motor version of the Zeekr X can accelerate from 0 to 100 km/h in 5.8 seconds.

Zeekr is aiming to double its sales to about 140,000 units this year. It delivered 8,101 units in April and 23,335 units in the January-April period, up 124.85 percent from 10,378 units in the same period last year.

Zeekr X's delivery target for this year is 40,000 units, An said in response to a CnEVPost question during a media interview on the night of the model's launch.

On April 18, Zeekr unveiled its European strategy, and the Zeekr 001 shooting brake and Zeekr X will be its first models available in Europe.

($1 = RMB 6.9148)

Zeekr launches Zeekr X SUV to gain further share from market dominated by German luxury automakers

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China China Holidays Denza Electric eMobility eV Li Auto Nio Tesla Zeekr

Labor Day holiday: How do NIO, Tesla and Li Auto’s user travel reports compare?

Between April 28 and May 4, NIO owners drove a total of about 140 million km and 4.48 million hours.

(Image credit: CnEVPost)

Only a few electric vehicle (EV) makers, including NIO (NYSE: NIO), have previously published reports on their owners' travel data during the holiday season. Now, more and more players are doing so.

This year's Labor Day holiday in China ran from April 29 to May 3. As the holiday ended, several EV makers, including NIO, (NASDAQ: TSLA), (NASDAQ: LI), , and Denza, released their data.

NIO

Between April 28 and May 4, NIO owners accumulated about 140 million kilometers and drove about 4.48 million hours, according to an article posted Saturday on the company's mobile app.

By traveling in purely electric vehicles, NIO users' trips during the holiday equated to a reduction of 9,211 tons of carbon emissions, according to the company.

The largest number of users traveling in NIO vehicles came from Shanghai, followed by Hangzhou and Beijing. Among their travel destinations, Shanghai's neighboring city of Suzhou, Jiangsu, ranked first, followed by Jiaxing, Zhejiang, and Shaoxing, Zhejiang.

NIO users traveled a total of 18.1 million kilometers with assisted driving feature and used it for 226,143 hours, according to the article.

The total mileage of NIO's Navigate on Pilot (NOP) system was 6.3 million kilometers, and the more powerful NOP+ was 4.34 million kilometers.

NIO's battery swap stations provided 432,191 services during this period, with a maximum of 68,748 services in a single day.

The battery swap stations along the highways provided 138,552 free services, saving vehicle owners 104,087 hours of highway travel time, according to NIO.

These stations along highways saw a peak of 23,632 services on May 2.

NIO's 15,137 charging piles accumulated 315,455 services during that holiday, with 79.5 percent of those deliveries going to other brands of electric vehicles.

By the end of April, NIO had accumulated 327,255 deliveries.

Tesla

Between April 29 and May 3, Tesla owners drove 170 million kilometers by using the EV maker's charging network in China, it said on Weibo yesterday.

That mileage represents a carbon reduction of 10,860 tons, Tesla said.

Tesla's Supercharger stations in China are available to owners 24 hours a day and maintain an availability rate of more than 99 percent throughout the year, it said.

To date, Tesla has more than 5,000 Supercharger stations worldwide. The company has more than 1,600 Supercharger stations in the Chinese mainland, offering more than 10,000 Superchargers.

Tesla also has more than 700 destination charging stations in the Chinese mainland, offering more than 2,000 charging piles, it said.

Li Auto

Between April 29 and May 3, Li Auto owners racked up 144 million kilometers, the company said in a WeChat post on Saturday.

Of the total, 72.29 million kilometers were powered by gasoline, up 147 percent from regular days and 372 percent from the holiday last year.

Battery-powered mileage was 71.78 million kilometers, an increase of 11.9 percent over regular days.

Li Auto owners visited 368 cities during the holiday, with the most popular cities being Chengdu, Hangzhou and Shanghai.

Li Auto's AD assisted driving system drove a total of 16.47 million kilometers, or 11 percent of the milage driven.

More than 36 percent of owners of the company's discontinued Li ONE used assisted driving, and 53 percent of owners of the currently available L series used assisted driving, according to the company.

More than 69,000 owners used the more powerful navigation-assisted driving feature and drove more than 7.8 million kilometers, an increase of 186 percent compared to the usual rate.

Li Auto owners used the company's charging map to find charging piles and charge more than 680,000 kWh using fast charging.

Li Auto's supercharging stations began trial operations on April 20, with seven stations charging more than 1,000 NEVs, covering several major brands including BYD and Tesla, the company said.

By the end of April, Li Auto's cumulative deliveries stood at 335,599 units.

Zeekr

Between April 28 and May 4, Zeekr owners accumulated 54.1 million kilometers, with the longest traveled vehicle covering 5,481 kilometers, according to an article published by the company yesterday.

Eighty-seven percent of Zeekr owners drove less than 1,000 kilometers in that period, 11.2 percent drove between 1,000 and 2,000 kilometers, and 1.53 percent drove between 2,000 and 3,000 kilometers.

Zeekr owners used nearly 3.7 million kWh of energy from the company's charging piles on its charging map, and to date, Zeekr has built nearly 690 of its own charging stations, covering more than 120 cities in China.

As of the end of April, Zeekr's cumulative deliveries stood at 101,283 units.

Denza

Between April 29 and May 3, Denza D9 owners drove a total of 11.12 million kilometers and logged 292,974 hours, it said in an article published Saturday.

Of that total, 4.92 million kilometers were driven on fuel and 6.2 million kilometers on electric power.

Denza D9 owners have used assisted driving system a total of 32,493 times during the period, according to the article.

Denza currently has only one model, the D9 MPV, on sale, and it already started pre-sales of the new SUV N7 at the Shanghai auto show last month.

As of the end of April, Denza's cumulative deliveries since the rebranding stood at 44,491 units.

NIO sees over 430,000 battery swap services during Labor Day holiday in China

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BYD China Denza Electric eMobility eV

Denza could see monthly sales of over 20,000 units this year, exec says

Denza's new SUV model N7, which is being pre-sold, is expected to receive more than 6,000 new orders this month and is on track to reach 30,000 orders before its official launch, the brand's chief said.

Denza could see monthly sales of over 20,000 units this year, exec says-CnEVPost

Denza, a joint venture between BYD (OTCMKTS: BYDDY) and Mercedes-Benz, has become one of the most talked-about EV brands in China, after BYD took a majority stake last year.

Denza has a chance to see monthly sales of more than 20,000 units this year, Zhao Changjiang, general manager of the company's sales division, said on Weibo late last night.

Denza's first model after the rebranding, the Denza D9 MPV, could see additional orders of 13,000 to 15,000 units this month, according to Zhao.

Denza's new SUV, the N7, which is on pre-sale, is expected to receive more than 6,000 new orders this month and is expected to reach 30,000 orders before its official launch, Zhao said

About 20 percent of the customers who pre-ordered the Denza N7 are D9 owners, he said.

The Denza N7 is a car that is two generations ahead of the industry and will start to show its true capabilities, Zhao said, adding that Denza will hold road shows about the model in Beijing starting May 12.

Denza will also be announcing the interior of the N8 in the near future, and people who like to go off-road as well as those who want to balance family can keep an eye on it, he said.

Denza was established in February 2011 as a joint venture between BYD and Daimler, each of whom held a 50 percent stake at the time. Last year, BYD's stake in Denza was increased to 90 percent.

Denza's only model currently on sale, the D9, went on sale on August 23, 2022, with deliveries starting on October 26.

The N7 is the second model after its rebranding, for which Denza already started warming up two months ago.

The Denza N7 has inspired a high level of enthusiasm, and with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, the number of daily customer inquiries has been particularly high, Zhao said on Weibo on March 26.

There are many customers who want to get the Denza N7 launched as soon as possible, and according to the inquiry volume data, the model is expected to get 30,000 orders before its launch in the middle of the year, Zhao said at the time.

Earlier in February, Zhao said the Denza N7 would be launched in the first half of this year.

Denza opened reservations for the N7 on the first day of the Shanghai auto show on April 18, but notably, its pricing information was not released.

On April 25, Denza announced that the Denza N7 has received 10,569 pre-orders, just 7 days after pre-orders open.

Denza sold 10,526 vehicles in April, the second consecutive month in which it exceeded 10,000 units, according to figures it announced earlier this month.

Regulatory filing: Here are core specs for BYD's Denza brand's new SUV, Denza N7

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