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Continue reading California jury finds Tesla Autopilot did not fail in crash
California jury finds Tesla Autopilot did not fail in crash originally appeared on Autoblog on Fri, 21 Apr 2023 14:04:00 EDT. Please see our terms for use of feeds.
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Continue reading Tesla increases price of Model S, X in U.S. after shares slump
Tesla increases price of Model S, X in U.S. after shares slump originally appeared on Autoblog on Fri, 21 Apr 2023 08:51:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsShenlan's goals for 2023 include selling 200,000 vehicles and making both the SL03 and S7 hot sellers, the brand's CEO said.
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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 Tesla 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.
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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.
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NIO keeps goal of doubling sales this year despite price war causing greater challenges
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NIO's weak performance may be because it is on the eve of multiple product switches, as it will begin deliveries of the new ET7, new ES6, EC7 in May and will begin deliveries of the new ES8 in June.
Tesla (NASDAQ: TSLA) and Li Auto (NASDAQ: LI) kept sales strong last week, while NIO (NYSE: NIO) was weak, the latest data show.
Li Auto sold 6,300 units in the week of April 10 to April 16, far outpacing China's other new car-making brands, the automaker said in an April 19 post to its WeChat account.
Li Auto didn't say what the sales figure was based on, but it was apparently insurance registrations. Previously, we had access to the data every Tuesday, and Li Auto's practice was to share some of it on Wednesdays.
The main source that provides data on auto insurance registrations in China stopped sharing that data this month, but Li Auto continues to share some of it.
Tesla sold 12,500 units last week, according to the data table shared by Li Auto. Tesla's sales in the previous week were 6,973, according to data previously shared by Li Auto.
NIO sold about 700 units last week, according to the data. The electric vehicle maker sold 1,316 units in the previous week.
NIO's weak performance may be because it is on the eve of multiple product switches. It launched the new ET7 and unveiled the new ES6 on the first day of the Shanghai auto show on April 18, with deliveries both set to begin in May.
In addition to the new ET7 and the new ES6, NIO will also start delivering the EC7 coupe SUV in May and will start delivering the new ES8 in June, according to plans it previously annouced.
XPeng sold 1,300 units last week, up from 904 units the week before, according to data shared by Li Auto. XPeng unveiled the new SUV G6 on the first day of the Shanghai auto show on April 18, but pricing information is unknown.
Zeekr sold 1,600 units last week, up from 1,476 the week before. Leapmotor sold 1,700 units last week, up from 1,157 the week before. Neta sold 1,800 units last week, up from 1,526 the week before.
Among premium brands, BMW sold 14,500 cars last week including internal combustion engine vehicles as well as NEVs, Mercedes-Benz 13,400 and Audi 12,600, according to data shared by Li Auto.
Separately, retail sales of NEVs in China from April 1-16 were 223,000 units, up 89 percent year-on-year and up 13 percent from the same period last month, according to data released yesterday by the China Passenger Car Association (CPCA).
Considering that NEV retail sales were 91,000 from April 1 to April 9, this means that during the week of April 10 to April 16, NEV retail sales in China were 132,000 units, up 45 percent from the previous week.
From April 10-16, retail sales of all passenger vehicles in China were 335,328 units, up 80 percent year-on-year and up 23 percent from the same period last month, according to the CPCA.
Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316
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Also daily average up 21%.
The post Tesla sales are up 80% in China, registered 12,500 EVs in the week of April 10-16 appeared first on CarNewsChina.com.
Filed under: Green,Tesla,Car Buying,Crossover,Electric,Sedan
Continue reading Tesla cuts Model 3 and Y prices again ahead of earnings report
Tesla cuts Model 3 and Y prices again ahead of earnings report originally appeared on Autoblog on Wed, 19 Apr 2023 08:27:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsThe 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 Tesla Model Y.
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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
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Continue reading EV tax credits: Here's every electric car or plug-in hybrid that qualifies
EV tax credits: Here's every electric car or plug-in hybrid that qualifies originally appeared on Autoblog on Tue, 18 Apr 2023 10:24:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsThe 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.
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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 Self-driving 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 Tesla (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 CATL'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.
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Filed under: Government/Legal,Green,Audi,BMW,Cadillac,Chevrolet,Ford,Genesis,Jeep,Nissan,Tesla,Volkswagen,Volvo,Car Buying,Electric,Rivian
VW, Rivian, Nissan, BMW, Genesis, Audi and Volvo lose EV tax credits starting tomorrow originally appeared on Autoblog on Mon, 17 Apr 2023 11:43:00 EDT. Please see our terms for use of feeds.
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