Categories
Auto Show China Electric eMobility eV Insights Research Note

Shanghai auto show: Takeaways from Deutsche Bank

Edison Yu's team shares their key takeaways on new model pricing, design, ADAS, and ultra-fast charging.

(Image credit: CnEVPost)

As one of the most important auto shows in several years, the ongoing Shanghai auto show is attracting a lot of interest. In a research note sent to investors today, Deutsche Bank analyst Edison Yu's team shares their thoughts on the event.

This year's Shanghai auto show began last week, with media days on April 18-19, professional visitor days on April 20-21, and general public access on April 22 - 27.

Yu's team shared their four key takeaways regarding new model pricing, local design, Advanced Driver Assistance System (ADAS) capabilities, and ultra-fast charging.

"Pricing to be competitive at least through early 2024 With the price war raging on, we continue to expect OEMs to be aggressive as market share is the #1 priority," the team wrote.

Although no significant price cuts were announced at the show, automakers were very careful in disclosing prices.

did not reveal pricing details for the G6 other than the previous range of 200,000 to 300,000 yuan. Likewise, NIO did not detail the price of the new ES6, the team noted.

(Image credit: CnEVPost)

If demand stays low, there could be another wave of price cuts, so the automakers do not want to overprice their new models. In addition, lithium carbonate prices have fallen sharply, providing more cushion for pure electric vehicles, Yu's team said.

The team expects G6 pricing to trend toward the lower end of the range previously mentioned by XPeng, especially given that the X starts at just 190,000 yuan and the Model Y could see one more price cut this year.

To offset the drop in average selling price, automakers are taking steps to squeeze the structural costs of new platforms, such as XPeng's SEPA 2.0 platform, according to the team.

In terms of product design, the quality of local models is improving rapidly, and several local automakers began turning to foreign talent a few years ago to speed up the process, the team said.

BYD's design chief is Wolfang Egger, previously at Audi, and NIO's vice president of design is Kris Tomasson who came over from BMW, the team noted.

The team highlighted two models that really showcase this shift: the BYD Song L and the Hozon GT Speedster.

(Image credit: CnEVPost)

"There are many other examples of bold and sleek design at the show and we expect this to be the new norm as the market shifts from ICE to EV," the team wrote.

With design and cost advantages, a natural extension is to export. During the show, Zeekr provided more details about its European strategy, the team noted.

On the ADAS side, Yu's team said subscriptions have proven difficult to monetize.

"We would have thought selling an ADAS subscription service could be easy next step. However, consumers are reluctant to adopt this business model," the team wrote.

XPeng is trying to dramatically reduce the cost of its XNGP system while improving its performance.

is currently beta testing the City NOA software with a goal of rolling it out to 100 cities nationwide by the end of 2023. The company believes its AD Max 3.0 system will be able to operate without HD maps and guarantees that all upgrades will be free for life with no subscription fees, the team noted.

NIO's NOP+ beta program is expected to end at the end of June and then begin charging subscribers RMB 380 per month.

"NIO is offering 2 years for free to 2023 ET7 buyers who pay the order deposit before June and we would expect this subscription to be increasingly used a promotional bundle to boost sales," the team wrote.

In terms of ultra-fast charging facilities, Yu's team said that automakers are just beginning to build up such capabilities, and real-world charging requires synchronization of the car, charger and grid. If any part becomes a bottleneck, charging speeds will not reach maximum performance.

NIO's ultra-fast 500 kW charger is now in service and open to other brands.

XPeng is rapidly rolling out its new S4 480 kW DC ultra-fast charging station, with a target of 500 this year.

Li Auto is focused on 800V solutions and expects its upcoming battery electric vehicle (BEV)to have 400 km of range in 10 minutes, the team noted.

Li Auto announced on April 18 that its first all-electric model will be the world's first to feature 's 4C Qilin Battery.

By 2025, Li Auto's product array will include a super flagship model, five extended-range electric vehicles (EREVs), and five BEVs, the company said.

Shanghai auto show: EVs take center stage, nearly 40 models equipped with LiDARs

The post Shanghai auto show: Takeaways from Deutsche Bank appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Industry News LiDAR RoboSense

Shanghai auto show: EVs take center stage, nearly 40 models equipped with LiDARs

There are 38 models equipped with LiDARs, of which BYD-backed RoboSense is the biggest winner, being the supplier of 18 of them.

At the Shanghai auto show two years ago, 's P5 sedan attracted a lot of attention as the world's first LiDAR-equipped production car at the time.

Now, at the latest Shanghai auto show, the number of electric vehicles (EVs) powered by LiDARs has reached dozens, as local EV makers have adopted the component over the past two years to help make vehicles more capable of assisted driving.

The ongoing Shanghai auto show began on April 18 and will run through April 27. EVs are certainly the focus of attention, with traditional fuel vehicles having fallen out of favor, a drastic change from two years ago.

More than 1,500 vehicles are on display at this year's edition of the show, with more than 150 of them making their debut, according to figures released by the event's organizers.

About two-thirds of those debuts were NEVs, including battery electric vehicles and plug-in hybrids.

Dozens of the NEVs at the show use the same new technology -- LiDARs -- despite the vehicles coming from different brands and having different designs.

Of all the models on display at the Shanghai auto show, 38 were equipped with LiDARs, with BYD-backed RoboSense, founded in 2014, being the biggest winner and the supplier for 18 of them.

Among BYD's models, the high-end Yangwang U8 off-road SUV and Denza N7 SUV are equipped with RoboSense's M Series LiDARs.

XPeng G6, which debuted at the Shanghai auto show, and the company's two flagship models, the P7i sedan and the G9 SUV, are also equipped with RoboSense's M Series LiDARs.

On April 14, 2021, XPeng unveiled the P5, the world's first LiDAR-equipped production car, on the eve of the last Shanghai auto show.

Notably, the P5 used LiDAR provided by Livox, incubated by drone maker DJI. However, XPeng switched to RoboSense's LiDARs for all subsequent models.

AITO, the EV brand jointly created by and Seres Group, also uses RoboSense's M Series LiDAR in the M5 SUV. Among other high-profile models, the Lotus Eletre, GAC Aion Hyper GT, Arcfox α-S with " Huawei Inside" are also equipped with RoboSense's LiDARs.

In addition to RoboSense, Innovusion and Hesai are the other two major players.

Among the vehicles on display at the Shanghai auto show, six NIO models -- the new ES8, ES7, new ES6, EC7, ET7 and ET5 -- are equipped with Innovusion's Falcon LiDARs.

Innovusion had a booth at the show and used an ET7 as a vehicle to showcase its product.

(NASDAQ: LI) currently has three models on sale -- Li L7, Li L8 and Li L9 -- all equipped with Hesai's AT128 LiDARs. HiPhi's HiPhi Z and HiPhi Y are also equipped with the component from Hesai.

For smart driving, vehicles need to detect their surroundings, and a single type of sensor often encounters scenarios that are not covered by its capabilities, a RoboSense source told CnEVPost.

The addition of LiDAR makes up for the weaknesses of other sensors, thus making the perception system capability more comprehensive and the smart driving decisions safer and more reasonable, the source said.

RoboSense flexes muscles at Tech Day, unveils new solid-state LiDAR and dedicated lab for testing

LiDAR suppliers for models at Shanghai auto show.xlsx

LiDAR SupplierBrandModelBoothLiDAR Type
RoboSenseIM MotorsLS7Hall 3M Series
RoboSenseIM MotorsL7Hall 3M Series
RoboSenseBYDDenza N7Hall 4.1MSeries
RoboSenseBYDYangwang U8Hall 8.1M Series
RoboSenseArcfoxArcfox α-S HIHall 4.1M Series
RoboSenseFAW HongqiEV E001Hall 5.1M Series
RoboSenseFAW HongqiEV SUV E202Hall 5.1M Series
RoboSenseXPengG6Hall 6.1M Series
RoboSenseXPengP7iHall 6.1M Series
RoboSenseXPengG9Hall 6.1M Series
RoboSenseAITOM5Hall 6.1M Series
RoboSenseGWM WEYLanshan DHT -PHEVHall 6.2M Series
RoboSenseChery ExeedSterra ESHall 7.2M Series
RoboSenseChery ExeedSterra ETHall 7.2M Series
RoboSenseGeely LivanLivan 7Hall 8.2M Series
RoboSenseGAC AionLX PlusHall 8.2M Series
RoboSenseGAC AionHyper GTHall 8.2M Series
RoboSenseLotusEletreHall 8.1M Series
HesaiLotusEletreHall 8.1AT128
HesaiHiPhiHiPhi ZHall 7.1AT128
HesaiHiPhiHiPhi YHall 7.1AT129
HesaiLi AutoLi L9Hall 6.1AT128
HesaiLi AutoLi L8Hall 6.1AT128
HesaiLi AutoLi L7Hall 6.1AT128
InnovusionNIONew ES8Hall 6.1Falcon
InnovusionNIOES7Hall 6.1Falcon
InnovusionNIOEC7Hall 6.1Falcon
InnovusionNIONew ES6Hall 6.1Falcon
InnovusionNIOET7Hall 6.1Falcon
InnovusionNIOET5Hall 6.1Falcon
ValeoAudiA8LHall 5.1Scala
ValeoAudiA7LHall 5.1Scala
ValeoAudiA6LHall 5.1Scala
ValeoAudiQ8Hall 5.1Scala
ValeoMercedes-BenzEQSHall 4.1Scala
LuminarVolvoEX90Hall 6.2lris
LuminarPolestarPolestar 3Hall 6.2Iris
HuaweiAvatrAvatr 11Hall 6.196 Beams
TanwayHycanV09Hal 6.1130 Beams

The post Shanghai auto show: EVs take center stage, nearly 40 models equipped with LiDARs appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Industry News

Date set for next Beijing auto show as Shanghai auto show just started

The 17th Beijing auto show will be held from April 25 to May 4, 2024, after the biennial event was canceled last time due to Covid concerns.

(Screenshot of Auto China website.)

While the Shanghai auto show has just started, the next Beijing auto show is on its way.

The 17th Beijing International Automotive Exhibition (Auto China 2024) will be held from April 25 to May 4, 2024, marking the event's return after a four-year hiatus, according to an announcement made today by the event's organizers.

The auto show will be held at the China International Exhibition Center Shunyi New Venue in Beijing. Meanwhile, the parts show at the China International Exhibition Center Chaoyang Hall will be held from April 25-27.

The Beijing auto show, or Auto China, has been held in Beijing every two years since 1990.

The 17th Beijing auto show was originally scheduled for April 21 - April 30, 2022, but was canceled due to Covid concerns.

Prior to that, the 16th Beijing auto show was postponed to September 26 - October 5, 2020, due to Covid.

The theme of the 2024 Beijing auto show is "New Era, New Auto," the event's organizers said, adding, "We invite the global automotive and related industries to participate in the 2024 Beijing auto show."

Notably, the biennial Shanghai auto show began only three days ago, on April 18, and will run through April 27.

The show attracted more than 1,000 exhibitors with a total exhibition area of more than 360,000 square meters, opening 13 indoor halls at the National Exhibition and Convention Center in Shanghai, with passenger cars occupying nine of them.

NIO (NYSE: NIO) officially launched the 2023 ET7 and unveiled the new ES6 at the show, 's (NYSE: XPEV) new SUV G6 was unveiled, and BYD (OTCMKTS: BYDDY) also unveiled several new models.

NIO launches new ET7, unveils new ES6 at Shanghai auto show

(A picture taken by CnEVPost at the Shanghai auto show, which started on April 18, shows the NIO booth.)

The post Date set for next Beijing auto show as Shanghai auto show just started appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Innovusion LiDAR Nio NIO Suppliers

NIO supplier Innovusion partners with Fuyao to put LiDAR behind windshield

Innovusion and Fuyao have begun joint research that has resulted in LiDAR integration behind the front windshield with less than 10 percent attenuation of detection performance.

(Image credit: CnEVPost)

The roof LiDAR setup has been complained by some to affect the aesthetics of the vehicle design. Now, local Chinese LiDAR manufacturers are working to put the component inside the vehicle.

NIO's LiDAR supplier Innovusion has partnered with local auto glass giant Fuyao Group to create LiDARs that can be mounted behind the front windshield, according to a press release yesterday.

There are currently two main mounting options for LiDAR, mounting it on top of the car like NIO's models, or placing the part next to the headlights as does.

Mounting LiDAR behind the front windshield, which does not affect the vehicle's exterior design and makes LiDAR less susceptible to the external environment, becomes one of the best options, Innovusion said.

However, the solution faces a number of technical challenges, including detection signal attenuation, noise from the LiDAR motor, and heat dissipation problems.

(Image credit: Innovusion)

Through its innovation, Fuyao has been able to optimize the LiDAR's waveband transmittance, Innovusion said.

The initial collaboration between the two will be based on Innovusion's Robin-E, which has dimensions of 117 mm * 100 mm * 44 mm, a total weight of about 450 grams, less than 9 W of power consumption and less than 20 dB(A) of noise.

The two companies have started joint research and development and have already achieved LiDAR integration with the camera behind the front windshield, with detection performance attenuation of less than 10 percent, Innovusion said.

Founded in 2016, Innovusion has R&D centers in Silicon Valley, Suzhou and Shanghai, and LiDAR manufacturing sites in Ningbo and Suzhou.

On March 28, 2022, NIO delivered the first ET7 vehicles, marking the mass production of Innovusion's Falcon LiDAR product. ET7 and other newer NIO models are equipped with Innovusion's image-grade, ultra-long-range LiDAR Falcon.

Prior to Innovusion, Hesai (NASDAQ: HSAI) announced on April 14 a new LiDAR called the ET25, which it says is an in-cockpit LiDAR designed to be placed behind the front windshield.

The ET25 is an ultra-thin, long-range LiDAR, with the "ET" standing for Extremely Thin and the "25" referring to its height of just 25 mm.

Hesai unveils ultra-thin LiDAR ET25 that can be placed behind windshield

The post NIO supplier Innovusion partners with Fuyao to put LiDAR behind windshield appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Neta Neta GT Sports Car

Neta GT sports car officially launched, priced from $26,000

Deliveries of the Neta GT will begin in the first half of the year, and are expected to allow consumers to gradually begin to change the perception of the brand as low-end.

Neta Auto, the electric vehicle brand of Hozon Auto, is making its first electric sports car available, with deliveries to begin in the next two months.

The Neta GT sports car was officially launched on the first day of the Shanghai auto show on April 18, with starting prices of RMB 178,800 ($26,000) to 227,800.

The car measures 4,715 mm in length, 1,979 mm in width and 1,415 mm in height, and has a wheelbase of 2,770 mm.

For comparison, Neta's flagship sedan, the Neta S, measures 4,980 mm in length, 1,980 mm in width, 1,450 mm in height and has a wheelbase of 2,980 mm. The Neta S currently has a starting price range of RMB 242,800 to RMB 341,800.

The Neta GT is available in single-motor and dual-motor versions, with the single-motor version powered by a permanent magnet synchronous motor with a maximum power of 170 kW.

Its dual-motor four-wheel drive version has a total maximum power of 340 kW and a maximum torque of 620 Nm, and takes 3.7 seconds to accelerate from 0 to 100 km/h.

The Neta GT's battery pack has three options -- 64.24 kWh, 74.48 kWh and 77.9 kWh -- and the CLTC range includes three versions -- 560 km, 580 km and 660 km, as shown in previous regulatory filings.

Its power battery suppliers include , Eve Energy, and battery types include lithium iron phosphate batteries as well as ternary batteries.

Hozon Auto CEO Zhang Yong said previously that the sports car will be mass-produced and delivered in the first half of 2023.

Neta has been seen as a budget EV maker since its inception, as its vehicles are priced primarily for the low-end market.

The Neta S is Neta's first effort at the premium end of the market, and the release of the Neta GT is expected to allow consumers to gradually begin to change their perception of the brand at the low end.

In addition to the Neta GT, Neta also unveiled a model called the Neta GT Speedster, a convertible based on the Neta GT, at the Shanghai auto show.

Neta delivered 10,087 vehicles in March, essentially unchanged from 10,073 in February and down 16.12 percent from 12,026 in the same month last year, data previously released by the company showed.

($1 = RMB 6.8783)

Neta unveils two-door electric sports car Neta GT, deliveries expected in H1

The post Neta GT sports car officially launched, priced from $26,000 appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Industry News Polestar Polestar 4 Product Launch Tesla

Polestar 4 launched in China with starting price of $50,870

The Polestar 4 went on sale in China on the first day of the Shanghai auto show with a starting price range of RMB 349,800 to 533,800, significantly higher than the Model Y.

(Image credit: Polestar)

Polestar 4, the new model from Polestar, the premium electric vehicle maker owned by Geely and Volvo Cars, went on sale in China with a starting price range that is higher than Tesla's Model Y.

Polestar launched the Polestar 4 yesterday on the first day of the Shanghai auto show, with a starting price range of RMB 349,800 ($50,870) to 533,800.

The car is available in six versions, including three single-motor versions with starting prices of RMB 349,800, 387,800 and 417,800 respectively, and three dual-motor versions with starting prices of RMB 453,800, 483,800 and 533,800 respectively.

This price range is significantly higher than that of the Model Y, currently the best-selling electric SUV in China, which is offered in three versions at RMB 261,900, 311,900, and 361,900.

The Polestar 4's single-motor rear-drive versions are powered by permanent magnet synchronous motors with a maximum power of 200 kW and a maximum torque of 343 Nm, accelerating from 0 to 100 km/h in 7.4 seconds.

Its dual-motor versions have two permanent magnet synchronous motors both with a maximum power of 200 kW at the front and rear, for a combined total of 400 kW, and accelerate from 0 to 100 km/h in 3.8 seconds.

For comparison, the entry-level rear-wheel-drive Tesla Model Y accelerates from 0-100 km/h in 6.9 seconds, the dual-motor all-wheel drive Model Y Long Range in 5.0 seconds, and the dual-motor all-wheel drive Model Y Performance in 3.7 seconds.

The Polestar 4 is available in two battery packs, with capacities of 88 kWh and 102 kWh, the former being used in the two least expensive versions and the latter in the other four versions.

The Polestar 4 has a CLTC range of 612 km to 709 km.

Polestar was founded in 2017 by Volvo and Geely, and the first product, the Polestar 1, was only available in limited numbers and has been discontinued.

The Polestar 2, which will be officially delivered in 2020, is the brand's first real production model on sale and will only be produced at the plant in Taizhou, Zhejiang province, in eastern China.

Polestar made the Polestar 3 SUV's global debut on October 12, 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.

On March 17, Polestar officially unveiled the Polestar 3 in China at a price that is nearly RMB 200,000 lower than the model's international debut last year.

($1 = RMB 6.8760)

Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

The post Polestar 4 launched in China with starting price of $50,870 appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show BYD BYD Song BYD Song L China Electric eMobility eV

BYD unveils Song L concept SUV at Shanghai auto show

Song L combines BYD's pioneering technology for young users who are looking for a stylish and sporty car, the company said.

BYD unveils Song L concept SUV at Shanghai auto show-CnEVPost

BYD (OTCMKTS: BYDDY) began previewing the new model Song L a few days ago, and now it turns out that the model is a concept car.

The Song L concept, which was officially unveiled today on the first day of the Shanghai auto show, is a premium B-segment all-electric SUV in BYD's Dynasty series.

The car features a coupe-style design with a coupe-crossover stance.

Song L combines BYD's pioneering technology for young users who are looking for a stylish and sporty vehicle, the company said.

The vehicle is a pioneering SUV that combines sport and power in a styling style that breaks with tradition and is the aesthetic of the next generation of the Dynasty product array, it said.

BYD unveils Song L concept SUV at Shanghai auto show-CnEVPost

Song L is based on BYD's e-Platform 3.0 and will have CTB (cell-to-body) technology, and intelligent electric four-wheel drive.

The model will have an electric rear wing, and electronic mirrors, giving it a more pronounced sporty character.

BYD announced last Friday on Weibo that Song L, the B-class all-electric SUV of the Dynasty series, will debut at the Shanghai auto show.

The rearview mirror replaces the traditional mirrors on either side of the vehicle with a camera, a forward-thinking design that promises lower wind resistance and longer range. Chinese regulations will allow the use of such mirrors on vehicles starting July 1.

BYD unveils Song L concept SUV at Shanghai auto show-CnEVPost

The Song Max DM-i and Song Pro DM-i currently on sale are part of the Dynasty series, while the Song Plus DM-i and Song Plus EV are part of the Ocean series. The Song L will be a new member of the Dynasty series.

For a long time the Song family models were the highest-selling BYD models, but they were overtaken by the Qin family models in March.

BYD sold 207,080 NEVs in March, up 97.45 percent from 104,878 units in the same month last year and up 6.93 percent from 193,655 units in February, according to data released on April 2.

The Qin family of models sold a record 40,850 units in March, making it the highest-selling BYD model for the month. the Song family of models sold 40,510 units in March, second only to the Qin family of models.

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

The post BYD unveils Song L concept SUV at Shanghai auto show appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Zeekr Zeekr Europe

Zeekr releases Europe strategy, 2 models to debut in Sweden and Netherlands in Q4

Zeekr's European headquarters will be in Amsterdam, Netherlands, and its first models in Europe will be the flagship Zeekr 001 shooting brake and Zeekr X urban SUV.

Zeekr releases Europe strategy, 2 models to debut in Sweden and Netherlands in Q4-CnEVPost

(Image credit: CnEVPost)

Zeekr, the premium electric vehicle brand of Geely Holding Group, today officially unveiled its Europe strategy, marking an important milestone in its ambitious global growth plan.

Zeekr will offer European customers an electric vehicle experience based on a direct-to-customer business model, it announced on the first day of the Shanghai auto show.

Its first models in Europe are the flagship Zeekr 001 shooting brake, which has a range of about 600 kilometers, and the Zeekr X urban SUV, which was launched in China on April 12.

They will begin arriving in Sweden and the Netherlands in the fourth quarter, with other countries to follow quickly, Zeekr said.

"It’s been just two years since we revealed our first state-of-the-art electric vehicle -- the ZEEKR 001. The response from customers to our brand has been incredible with over 93,000 units sold already," said Andy An, Zeekr's global CEO.

Zeekr was valued at $13 billion following its last $750 million Series A funding round, and launching the brand in Europe is a key step in its global strategy, An said.

Zeekr 001 and Zeekr X were developed at Zeekr's global design and R&D center in Gothenburg, Sweden.

Zeekr's European team of more than 1,500 engineers and designers is already in place and has produced several models for the Geely Group. Their long-standing experience is a core strength of Zeekr's successful entry into Europe, the company said.

Zeekr's European headquarters will be in Amsterdam, Netherlands, and will have a leadership team that has held senior positions at other premium and luxury automakers.

Zeekr Europe's CEO is Spiros Fotinos, whose LinkedIn page shows he has worked for Toyota, Lexus and joined Zeekr in September 2022.

European consumers are increasingly ready to move to EVs and are more open than ever to new technology brands, especially those that focus on electric vehicles, Fotinos said.

Zeekr was officially launched as an independent company in 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.

On April 12, Zeekr launched its third model, the Zeekr X, which it hopes will become the benchmark for luxury compact cars.

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 on April 1.

By the end of March, Zeekr's cumulative deliveries since its inception stood at 93,182.

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

The post Zeekr releases Europe strategy, 2 models to debut in Sweden and Netherlands in Q4 appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show CATL China Electric eMobility eV Li Auto Qilin Battery

Li Auto unveils all-electric solution, 1st BEV model to feature CATL’s 4C Qilin Battery

By 2025, Li Auto's product portfolio will include a super flagship model, five EREVs and five BEVs.  |  Li Auto US Li Auto HK

(Image credit: CnEVPost)

Li Auto (NASDAQ: LI) today officially unveiled its all-electric solution, following the success of its extended-range electric vehicles (EREVs) in China.

The company's all-electric solution, based on the 800 V high-voltage platform, enables a battery electric vehicle (BEV) to get 400 kilometers of range on a 10-minute charge, it announced today at an event on the first day of the Shanghai auto show.

With the launch of this solution, Li Auto will officially enter a phase of parallel development of its EREV and BEV product lines.

By 2025, Li Auto's product array will include one super flagship model, five EREVs, and five BEVs, it said.

By then, Li Auto's models for the market priced above RMB 200,000 will fully meet the needs of family users, the company said.

Li Auto's first all-electric model will be the world's first to feature 's 4C Qilin Battery, it said today.

C refers to the battery's charge multiplier, and 4C means that the battery pack can theoretically be fully charged in one-fourth of an hour.

CATL officially launched the Qilin Battery, or CTP (cell to pack) 3.0 battery, on June 23 last year, claiming to bring a new level of battery system integration to a new level.

The 009 is the world's first Qilin Battery-equipped MPV, and deliveries of the MPV equipped with this battery began yesterday. Li Auto previously said that its first BEV will also be an MPV.

The core technology of Li Auto's 800V solution is a high-voltage electric drive system based on third-generation power semiconductors, and the 4C supercharger pile will reach a maximum output of 480 kW.

By the end of May, Li Auto's first 25 supercharging stations will open for trial operation and be available to all electric vehicle owners, it announced today.

(Image credit: CnEVPost)

Each station will be equipped with three regular fast-charging piles and one 4C super-fast charging pile, it said.

By the end of this year, Li Auto will have completed the construction of more than 300 supercharging stations located along highways, it said.

By 2025, Li Auto will have 3,000 supercharging stations covering 90 percent of China's highway miles and major cities, the company said.

In addition to announcing the all-electric solution, Li Auto today also unveiled its latest-generation assisted driving system, AD Max 3.0, and said the software will be free for life.

Li Auto's current assisted driving systems include AD Max and AD Pro.

AD Max 2.0 is powered by NVIDIA's Orin X chip and Hesai's LiDAR, while AD Pro 2.0 is powered by Horizon Robotics' Journey 5 chip.

AD Max 3.0's all-scenario Navigation on ADAS (NOA) will kick off internal testing this quarter and will cover more than 100 cities by the end of the year, Li Auto said.

Li Auto delivers 20,823 vehicles in Mar, up 25% from Feb

The post Li Auto unveils all-electric solution, 1st BEV model to feature CATL's 4C Qilin Battery appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Auto Show China Electric eMobility eV Tesla XPeng XPeng G6

XPeng G6 debuts at Shanghai auto show

The G6, a new energy SUV with a price range of RMB 200,000-300,000, will be officially launched and delivered by the end of the second quarter, XPeng said previously.

(Image credit: CnEVPost)

XPeng's (NYSE: XPEV) new model G6, its first model based on the next-generation architecture, was officially unveiled today on the first day of the Shanghai auto show.

XPeng said the G6 is the ultimate form of vehicle before full is achieved, saying the model is equipped with XNGP intelligent assisted driving that provides powerful environmental awareness and can generate high precision maps in real-time.

The model is based on an 800 V high-voltage platform and can get 300 kilometers of range in as little as 10 minutes of charge, XPeng said. The company's other 800 V-based model is the flagship G9 SUV.

XPeng did not announce specific specifications or pricing information for the G6, which are expected to be known at a future official launch event.

XPeng unveiled its next-generation architecture called SEPA (Smart Electric Platform Architecture) 2.0 at an event in Shanghai on April 16, saying the G6 will be the first model to be built on it.

The architecture will shorten the development cycle of future models by 20 percent and optimize development efficiency significantly, it said, adding that interchangeability and interoperability of common and modular components between new models will reach 80 percent, enabling XPeng to meet diverse customer needs at an optimized cost.

Early last month, a regulatory filing revealed that the XPeng G6 has a length, width and height of 4,753 mm, 1,920 mm and 1,650 mm, respectively, and a wheelbase of 2,890 mm.

For comparison, the (NASDAQ: TSLA) Model Y measures 4,750 mm in length, 1,921 mm in width and 1,624 mm in height, with a wheelbase of 2,890 mm.

The two single-motor versions of the XPeng G6 feature a 218 kW peak power motor, while the dual-motor version has an additional 140 kW peak power motor.

All three versions of the XPeng G6 in the filing are equipped with cells supplied by 's local competitor CALB, and battery packs are manufactured at XPeng's plant in Wuhan, Hubei.

On March 17, XPeng management said during the company's fourth-quarter earnings call that the G6, a new energy SUV with a price range of RMB 200,000 ($29,090) to RMB 300,000, will be officially launched and delivered by the end of the second quarter.

XPeng's monthly sales target for the G6 is two to three times that of the P7, the company's chairman and CEO He Xiaopeng said during the call.

The G6 will have a significantly improved range that will exceed expectations and will have much more interior space than similar offerings from competitors, he said previously.

In a research note sent to investors on March 22, Deutsche Bank analyst Edison Yu's team said the G6 will be the swing factor and that the model will need to succeed in order to make XPeng truly relevant in the market again.

(1 $= RMB 6.8761)

G6 will be swing factor for XPeng, says Deutsche Bank

The post XPeng G6 debuts at Shanghai auto show appeared first on CnEVPost.

For more articles, please visit CnEVPost.