Xpeng's first EREV model is under development, internally codenamed G01, and will primarily target the RMB 200,000 ($28,190) plus price band, according to local media.
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Category: Product Plans
Zeekr will launch a flagship SUV in the second half of 2025 that will offer a variant with a new electric-hybrid powertrain technology, its CEO said.
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Xiaomi will use a new business model for its third model, replacing automotive-grade parts that aren’t safety-related with consumer-grade hardware, according to local media.
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The model is an all-electric coupe SUV, somewhat similar to Ferrari's Purosangue, and is expected to be released in 2025, according to local media.
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Multiple media reports have previously suggested that Xiaomi's second model will be an all-electric SUV that will go into production in 2025.
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Xiaomi benchmarked its envisioned SUV to Tesla's Model Y during development, according to Bloomberg.
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Xiaomi's third model will be in the RMB 150,000 class, and the company has set a high estimated production and sales target for the affordable model, according to local media.
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For an EV maker, pure electric sedans usually struggle to get high sales, with SUVs being the main support for sales and profits, an industry watcher said.
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Those who have been looking to buy a Model Y lately can wait a little while, as Alps' first model is certainly cheaper, said Nio's William Li.
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IM Motors CEO said the company's fifth model will be an EREV, set to become the latest after Avatr to look to gasoline engines to boost sales.
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