Categories
Changan China Deals Electric eMobility eV Geely

Chinese auto giants Geely and Changan sign strategic cooperation deal

In the first quarter, Changan and Geely ranked third and fourth, respectively, in China in terms of retail vehicle sales.

Chinese auto giants Geely and Changan sign strategic cooperation deal-CnEVPost

(Image credit: Geely)

It's interesting to see tow of China's largest automakers announce a cooperation agreement, even though they are rivals.

Zhejiang Geely Holding Group and Chongqing Changan Automobile signed a strategic cooperation framework agreement on May 9, according to press releases issued today by the two companies.

The two sides will launch strategic cooperation in areas including new energy, intelligence, new energy power, overseas market expansion, and mobility to jointly promote the upward development of Chinese brands, according to their press releases.

This this will help create a better consumer and travel experience for users and help transform and upgrade the Chinese auto industry and develop with high quality, the two companies said.

Changan chairman Zhu Huarong, Geely chairman Eric Li, and Fu Bingfeng, executive vice-president of the China Association of Automobile Manufacturers (CAAM) attended the signing ceremony.

Changan and Geely are excellent representatives of Chinese auto companies, and the open cooperation between the two is conducive to building the image of Chinese auto brands and spawning industry synergies, said Fu.

Intelligence and electrification are the focus of the strategic cooperation between Geely and Changan.

In the field of new energy, the two sides will cooperate on battery cells, charging technology, battery swap technology, new energy vehicle (NEV) product safety, and new energy industry layout.

In the field of intelligence, they will cooperate around chip, operating system, vehicle system interconnection, high-precision map and autonomous driving.

The two sides will also work together on power platform and power technology, explore cooperation in overseas development and mobility ecology, and cooperate in the fields of industrial internet, block chain and carbon trading.

The two companies will work together to enhance their core competitiveness and help Chinese vehicles enter the middle and high end of the global automotive value chain, said Geely's Li.

Neither Geely nor Changan -- which ranks in the top five in Chinese auto sales -- provided more details on their partnership in their press releases.

In the first quarter, Changan sold 302,898 vehicles at retail, making it the No. 3 brand in China for the period, according to the China Passenger Car Association (CPCA).

Geely ranked fourth with retail sales of 269,701 units in the first quarter. The top two were BYD and FAW-Volkswagen, with retail sales of 508,706 and 368,762, respectively.

Geely Galaxy brand officially launched, to roll out 7 models by 2025

The post Chinese auto giants Geely and Changan sign strategic cooperation deal appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Changan China Deepal Deepal SL03 Electric Electric cars eMobility eV Shenlan

Changan Deepal SL03 sedan delivered 50,000 units in 9 months in China

149,900 yuan (21,700 USD) will buy this EV developed by Huawei, CATL and Changan.

The post Changan Deepal SL03 sedan delivered 50,000 units in 9 months in China appeared first on CarNewsChina.com.

Categories
Changan China Electric eMobility eV Industry News Sales Target Shenlan Tesla

Changan’s NEV brand Shenlan aims for 200,000 sales this year

Shenlan's goals for 2023 include selling 200,000 vehicles and making both the SL03 and S7 hot sellers, the brand's CEO said.

(Image credit: CnEVPost)

Shenlan, Changan Automobile's new energy vehicle (NEV) brand, aims to sell 200,000 vehicles this year, becoming the latest to reveal aggressive plans.

Shenlan's goals for 2023 include selling 200,000 vehicles and making both the SL03 and S7 hot-sellers, the brand's CEO Deng Chenghao said in an interview with Auto Home, according to the text of the interview released yesterday.

The Shenlan brand, which was officially launched by Changan on April 13 last year, unveiled the Shenlan SL03 electric sedan on July 25, another strong competitor to the Model 3.

The brand unveiled its first SUV, the Shenlan S7, a similar model to the Tesla Model Y crossover, on March 5, with pricing information yet to be announced.

(Image credit: CnEVPost)

Shenlan began deliveries of the SL03 in late August 2022 and has accumulated nearly 50,000 deliveries through the end of March this year, including 8,568 units in March.

Deng did not disclose how Shenlan will meet its goal of selling 200,000 vehicles this year, and the brand offered up to 42,000 yuan ($6,090) in purchase discounts during last month's price war in the Chinese auto industry. The offer was valid from March 10 to March 31 and was limited to 10,000 units.

The price war was a short-term behavior, automakers ultimately need to compete with product competitiveness, technology, brand, channels, and service capabilities, Deng said in the interview.

"I think the whole industry will be sustainable only if there is a value war," he said.

Deng believes that the current trend of electrification in China's auto industry is very clear, and that the penetration rate of electric vehicles (EVs) will exceed 50 percent in the next three years, with EVs becoming absolutely mainstream.

As the primary adopters of EVs shift from tastemakers to the average consumer, the product definition, research and development of vehicles will need to be able to address consumer anxiety and meet demand, he said.

Consumer anxiety is not about the amount of infrastructure or the range of EVs, but about the time it takes to replenish energy, according to Deng.

There is still a long way to go in terms of technology to get charging times from 0.5-1 hour to 5-10 minutes, he said, adding that this anxiety will be there for another 5-10 years.

($1= RMB 6.8930)

NIO keeps goal of doubling sales this year despite price war causing greater challenges

The post Changan's NEV brand Shenlan aims for 200,000 sales this year appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
Changan changan qiyuan China Electric Electric cars eMobility eV PHEV qiyuan A07

Changan Qiyuan A07 electric sedan exposed, competes with Tesla Model 3 and BYD Seal

The A07 will be available in pure electric and extended-range hybrid versions.

The post Changan Qiyuan A07 electric sedan exposed, competes with Tesla Model 3 and BYD Seal appeared first on CarNewsChina.com.

Categories
AVATR Avatr E12 CATL Changan China Electric Electric cars eMobility EP1 eV Huawei Report

Avatr E12 EV sedan from Changan, CATL and Huawei revealed in patent images

The Avatr E12 from Changan, CATL and Huawei exposed in patent images in China. It stays in line with the 11 SUV.

The post Avatr E12 EV sedan from Changan, CATL and Huawei revealed in patent images appeared first on CarNewsChina.com.

Categories
Changan Changan Shenlan China Deepal SL03 Electric Electric cars eMobility eV Report

Changan Deepal SL03 price dropped by 6,000 USD in China. Starting at 21,400 USD

Deepal has dropped the SL03 sedan jointly developped with CATL and Huawei by 3,160 USD. They also offer a gift package that costs 2,880 USD.

The post Changan Deepal SL03 price dropped by 6,000 USD in China. Starting at 21,400 USD appeared first on CarNewsChina.com.

Categories
Changan China Electric eMobility eV Industry News Price Cut Shenlan Tesla

Changan’s EV brand Shenlan offers up to $6,030 discount on vehicle purchases

Shenlan is currently selling only one model, the SL03, a Model 3 competitor, with 4,103 units delivered in February.

(Image credit: Shenlan)

Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues.

Shenlan, based in the southwestern Chinese city of Chongqing, announced today that it is offering discounts of up to 42,000 yuan ($6,030) on vehicle purchases.

The offer includes an RMB 22,000 cash subsidy and up to RMB 20,000 in option benefits.

The subsidy is valid from March 10 to March 31 and is limited to 10,000 units.

Shenlan, Changan's NEV brand announced in 2022, officially launched the Shenlan SL03 electric sedan on July 25, another strong competitor to the Model 3.

Unlike the Tesla Model 3, the Shenlan SL03 is available in three powertrain variants -- an all-electric version, an extended-range version and a version with a hydrogen fuel cell.

The Shenlan SL03 BEV currently has a starting price of RMB 189,900, lower than the Model 3's starting price of RMB 229,900 in China, and the SL03 EREV starts at RMB 171,900.

Shenlan began deliveries of the SL03 at the end of August 2022 and has delivered a total of 37,328 units as of the end of February this year, including 4,103 units last month.

On March 5, Shenlan officially unveiled its second model, the Shenlan S7, a model similar to the Tesla Model Y crossover, in Shanghai.

In addition to the Shenlan brand, Changan is offering car purchase incentives for its other sub-brands.

Changan announced yesterday that for consumers who buy any of its passenger cars and get a delivery this month, they will receive a coupon for thousands of yuan.

($1 = RMB 6.9675)

China auto price war: BMW dealers offer discounts of up to $14,360 for i3

The post Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Categories
BYD Changan China Dongfeng Electric Electric cars eMobility eV FAW FAW volkswagen GAC Toyota Geely ICE Report

Top 10 best-selling passenger car brands in China, February 2023

1.39 million Chinese passenger vehicles were sold via retail in Feb 2023

The post Top 10 best-selling passenger car brands in China, February 2023 appeared first on CarNewsChina.com.

Categories
Changan China copyright Electric Electric cars eMobility eV Geely

Geely Galaxy accused of plagiarism by another Chinese carmaker six days after the launch

Geely's Design VP worked 20 years for Changan before. Geely denies any copyright infringement.

The post Geely Galaxy accused of plagiarism by another Chinese carmaker six days after the launch appeared first on CarNewsChina.com.