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Changan changan qiyuan China Electric eMobility eV Industry News qiyuan A07

Changan teases electric sedan under new brand

The Qiyuan A07 is a mid to large-size sedan that will be offered in BEV and EREV versions, a previous regulatory filing shows.

(Image credit: Changan Qiyuan)

Chinese auto giant Changan Automobile is upping its bets in the electric vehicle (EV) segment, starting the warm-up for a new sub-brand and its first model.

The Changan sub-brand, called Qiyuan (启源), today posted several images on Weibo about the Qiyuan A07, showing exterior and interior design details of the sedan.

It is worth noting that Changan has not yet officially launched the Qiyuan brand, which has recently registered accounts on several social media platforms.

Yesterday, Qiyuan posted its first Weibo post, a preview video of the Qiyuan A07.

 

Qiyuan did not reveal more information about the A07, although the model previously entered a filing catalog of the Chinese Ministry of Industry and Information Technology.

The Qiyuan A07 is a mid to large-size sedan with a length, width and height of 4,905 mm, 1,910 mm and 1,480 mm, respectively, and a wheelbase of 2,900 mm, according to the filing.

The dimensions are slightly smaller than 's flagship sedan, the Han EV, which measures 4,995 mm in length, 1,910 mm in width and 1,495 mm in height, with a wheelbase of 2,920 mm.

Similar to Changan's other sub-brand Deepal, the Qiyuan A07 will be available in battery electric vehicle (BEV) and extended-range electric vehicle (EREV) versions.

The Qiyuan A07 BEV has an electric motor with a peak power of 190 kW, the same as the Deepal SL03 BEV. The Qiyuan A07 EREV has a peak electric motor of 160 kW, the same range-extender as the Deepal SL03, and a displacement of 1.5L with a power of 70 kW.

The Qiyuan A07 BEV is equipped with battery packs with capacities of 58.1 kWh and 79.97 kWh, respectively, with CLTC ranges of 515 km and 710 km. The Qiyuan A07 EREV is equipped with a 28.39 kWh battery pack with a battery range of 170 km.

Changan sold 244,996 units in May, including joint venture brands, with new energy vehicles (NEVs) contributing 35,934 units, or 14.7 percent, according to figures it announced earlier this month.

Deepal sold 7,021 units in May, bringing January-May sales to 33,585 units.

Changan's EV brand Deepal launches S7 SUV at about half price of Tesla Model Y

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China Electric eMobility eV Great Wall Motor Great Wall Motor Tank Industry News Product Launch Tank 500

Great Wall Motor steps up electrification transition as Tank brand launches 1st NEV model

The Tank brand has launched its first NEV model, the Tank 500 Hi4-T. The brand has sold more than 10,000 fuel-powered vehicles in most months of the past year.

(Image credit: Great Wall Motor)

Great Wall Motor is continuing its electrification transition, though it has fallen significantly behind major rivals, including (OTCMKTS: BYDDY).

The automaker's personalized brand Tank officially launched the Tank 500 Hi4-T, the brand's first new energy vehicle (NEV) model, at an event yesterday, with only one version available and a starting price of RMB 335,000 ($46,290).

The Tank 500 Hi4-T is the plug-in hybrid vehicle (PHEV) version of the fuel-powered Tank 500 which is offered in nine versions with a starting price range of RMB 335,000 to RMB 395,000.

The Tank 500 Hi4-T's starting price of RMB 335,000 means that Tank is essentially phasing out the lower-trim versions of the Tank 500 with this PHEV model in order to gain a larger presence in the NEV market.

Tank's current models are all off-road SUVs, including the Tank 500 and the less expensive Tank 300.

The Tank 500 Hi4-T measures 5,078 mm in length, 1,934 mm in width and 1,905 mm in height, and has a wheelbase of 2,850 mm, which are essentially the same dimensions as the fuel-powered Tank 500, except for a slightly longer length than the latter's 5,070 mm.

The Tank 500 Hi4-T is powered by a 2.0T engine with a maximum power of 180 kW and a peak torque of 380 Nm, and an electric motor with a maximum power of 120 kW and a maximum torque of 400 Nm.

The Tank 500 Hi4-T has a combined power of 300 kW and 750 Nm of peak torque, and can accelerate from 0 to 100 km/h in 6.9 seconds.

The model is equipped with a ternary lithium-ion battery pack with a capacity of 37.1 kWh and has a pure electric range of 120 km in NEDC and 110 km in WLTC.

It supports fast charging, taking 24 minutes to charge from 30 percent to 80 percent and 42 minutes to recharge from 30 percent to 100 percent.

The Tank 500 Hi4-T has a fuel tank of 70 L and consumes 9.55 L per 100 km at the lowest charge under WLTC standards.

Powered by this powertrain, the Tank 500 Hi4-T has a combined WLTC fuel consumption of 2.2 L per 100 km.

Like the current mainstream NEV models, the Tank 500 Hi4-T is equipped with L2 driving assistance system with functions including smart parking, adaptive cruise control, lane assist, collision warning and automatic braking.

The Tank 500 Hi4-T show cars and vehicles used for test drives are already available at Great Wall Motor's stores.

Great Wall Motor is one of the most successful local car companies in China, but is clearly lagging behind in the NEV market.

In the past few months, Great Wall Motor has increased its efforts in the NEV market with the launch of several products including the Lanshan DHT-PHEV and the Haval Xiaolong.

Great Wall Motor sold a record 23,755 units of NEVs in May, up 104.13 percent year-on-year and up 59.83 percent from 14,863 units in April, according to data released earlier this month.

Including conventional fuel vehicles, Great Wall Motor's total sales in May were 101,020 units, up 26.18 percent year-on-year and up 8.49 percent from 93,107 units in April.

This means that NEVs contributed 23.5 percent of Great Wall Motor's sales in May.

As a comparison, its main competitor BYD stopped production and sales of vehicles powered entirely by internal combustion engines in March 2022 and switched to focus on producing plug-in hybrids and pure electric vehicles.

BYD sold 240,220 NEVs in May, up 108.99 percent year-on-year and up 14.23 percent from April.

The success of the Tank line of off-road SUVs over the past few years and the lesser competition they face may be one of the reasons for the brand's slow transition to electrification.

The Tank brand has sold more than 10,000 units per month over the past year, except for January and February of this year, when it sold 5,915 and 6,344 units, respectively.

($1 = RMB 7.2376)

Great Wall Motor NEV sales in May: 23,755

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BYD China Denza Denza N7 Electric eMobility eV

BYD’s Denza brand to officially launch N7 SUV on Jul 3

The Denza N7 targets the market for conventional internal combustion engine vehicles priced around RMB 400,000.

(Image credit: Denza)

After months of warm-up, the launch date for the first SUV of 's premium new energy vehicle (NEV) brand Denza has been set.

The Denza N7 will officially launch on July 3, the brand announced today on Weibo.

The launch date is slightly delayed from previous plans, as Denza general manager of sales Zhao Changjiang said on May 30 that the Denza N7 will be officially launched in late June and deliveries will start in July.

Denza did not share any more information about the N7 today, although it has been warming up about the model for several months.

On March 6, Denza released the official images of the N7. A few days later, on March 9, the model appeared in a regulatory filing list.

The Denza N7 is a 5-seat SUV with a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm, respectively, and a wheelbase of 2,940 mm, the regulatory filing shows.

The Denza N7 entering the list comes in four versions, including two single-motor versions and two dual-motor versions, the former with a peak motor power of 230 kW and the latter with an additional peak motor power of 160 kW.

Denza is a joint venture formed in February 2011 by BYD and Daimler, each holding a 50 percent stake at the time, and the Daimler brand was rebranded as Mercedes-Benz in February 2022. BYD increased its shareholding in Denza to 90 percent last year.

In August 2022, Denza let the D9 MPV go on sale, the brand's first model after the reorganization, and the Denza N7, the second model after Denza's shareholding change, was its first SUV.

On December 20 last year, Zhao said on Weibo that the Denza N7 was aimed at the market for traditional internal combustion engine vehicles priced around RMB 400,000 yuan ($55,440).

On March 26, Zhao said there were many customers who wanted to have the Denza N7 launched as soon as possible, and that the model was expected to receive 30,000 orders before its mid-year launch based on inquiry volume data.

On June 13, Zhao said the Denza N7 had more than 20,000 pre-orders before specifications and pricing were announced.

On June 20, Denza saw the first production vehicles of the N7 roll off the assembly line, setting the stage for the upcoming launch.

On June 25, Zhao said on Weibo that he experienced the latest version of the N7's self-parking system, and that the model will be the first to be able to handle a very extreme scenario.

Denza's only model currently in delivery, the Denza D9, sold 11,005 units in May, the third consecutive month with more than 10,000 units, according to data released earlier this month.

($1 = RMB 7.2147)

Denza's 1st SUV N7 surpasses 20,000 pre-orders ahead of official launch

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BYD BYD Australia BYD Dolphin BYD Global China Electric eMobility eV

BYD launches Dolphin EV in Australia

, together with local partner EV Direct, has launched the Dolphin in Australia with a starting price of A$38,890.

(Image credit: BYD)

BYD (OTCMKTS: BYDDY) has launched another electric vehicle (EV) in Australia after the Atto 3.

BYD and Australian partner EV Direct officially launched the Dolphin locally at a launch event on June 22, according to a press release from the Chinese new energy vehicle (NEV) giant yesterday.

The car is available in 3 versions in Australia, with starting prices of A$38,890 ($26,000), A$44,890 and A$49,990 respectively.

For reference, BYD Dolphin is offered in three versions in China with starting prices of RMB 116,800 ($16,200), RMB 123,800 and RMB 136,800 respectively.

The BYD Dolphin is an A0-class pure electric vehicle with a length, width and height of 4,290 mm, 1,770 mm and 1,570 mm, respectively, and a wheelbase of 2,700 mm.

The model will enrich BYD's product matrix in the Australian market and help the country achieve a green future, BYD said.

BYD launched the Dolphin in China on August 29, 2021, the first product in its Ocean lineup and the first model based on its e-Platform 3.0.

BYD sold 240,220 NEVs in May, including 30,679 units of the Dolphin, according to figures released earlier this month.

The introduction of the Dolphin to Australia is BYD's latest move in the country.

BYD launched the Yuan Plus in China on February 19, 2022, and opened pre-orders for the model in Australia at the same time under the Atto 3 name, with an official guide price of A$44,990 to A$47,990 at the time.

In August 2022 BYD announced on Twitter that the company had shipped 1,000 Atto 3 vehicles to Australia, the first BYD passenger cars to be sent to the country.

The Atto 3, BYD's first global model, has already entered many other markets including Singapore, Europe, Mexico and the United Arab Emirates.

The Dolphin has also been introduced to a number of markets including Japan, Colombia, Europe, and Ecuador.

($1 = A$1.4954, $1 = RMB 7.2123)

BYD May sales breakdown: Qin 43,757 units, Song 38,014 units

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China Electric eMobility eV Industry News Seres Seres Europe

Seres, Huawei’s auto partner, delivers 1st vehicles in Europe

Seres delivered Seres 5 vehicles to the first European owners in Norway in cooperation with a local dealer.

(Image credit: Seres)

Seres Group -- one of 's key partners in the automotive sector -- has started vehicle deliveries in Europe.

On June 21, Seres delivered Seres 5 vehicles to the first European owners in Bergen, Norway, according to an announcement made by the company based in the southwestern Chinese city of Chongqing on June 23.

Unlike (NYSE: NIO), which follows a direct sales model overseas, Seres delivered the first vehicles in Norway in partnership with local dealer Sandven AS.

Sandven will work with Seres to bring more new energy vehicle (NEV) offerings to Norwegian consumers for the European market, said Trond Sandven, the dealership's founder.

The Seres 5 appears to be the Aito M5 sold in China, a model jointly designed by Huawei and Aito, a brand jointly launched by Huawei and Seres.

The Seres Chinese website currently shows only the Aito series of models, including the Aito M5 series and the Aito M7 series.

The four-wheel drive version of the Seres 5 has a total output of 430 kW and can accelerate from 0 to 100 km/h in 3.7 seconds, according to Seres.

The model is available in battery electric vehicle (BEV) and extended-range electric vehicle (EREV) versions to meet the diverse mobility needs of customers worldwide, Seres said.

(Seres rotating chairman and president Zhang Zhengping delivered the vehicle to the first Seres 5 owner in Norway.)

The Seres 5 BEV has a WLTP range of 500 kilometers for the two-wheel drive version and 530 kilometers for the four-wheel drive flagship version, the company said.

On full fuel and power, the Seres 5 EREV has a combined range of more than 1,000 kilometers, it said.

Seres did not reveal whether the first vehicles it delivered in Europe were the Seres 5 BEV or the Seres 5 EREV, though its announcement features a model with a front face that matches the all-electric version of the Aito M5.

This is the latest development in Seres' efforts to reach overseas markets.

Seres unveiled the Landian brand on March 30 and made its first model, the plug-in hybrid E5, available.

Equipped with technology from Huawei and , the Landian E5 is a mid-size SUV available in 5- and 7-seat versions, with a starting price of RMB 139,900 ($18,490) in China.

On May 25, Landian shipped the first 500 Landian E5 vehicles to overseas markets.

Huawei officially announced on April 20, 2021 that it would start selling cars in its flagship stores, with the first model being the Seres SF5 SUV, which uses extended-range technology. This model is no longer available in China.

On December 2, 2021, Seres and Huawei jointly launched a premium NEV brand called Aito, followed by the M5 EREV, M5 BEV and M7 EREV.

Originally known as Chongqing Sokon Industrial Group, Seres Group changed its name in August 2022, with Seres as one of its brands.

Seres Group sold 8,562 NEVs in May, down 18.08 percent year-on-year but up 23.78 percent from April, according to data released earlier this month.

($1 = RMB 7.1795)

Seres' sub-brand Landian sends 1st 500 cars to overseas markets

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BYD BYD Atto 3 BYD Global BYD UAE China Electric eMobility eV Tesla

BYD expands presence in Middle East with launch of Atto 3 in UAE

The Atto 3 is priced significantly lower than other EVs in the UAE, making it by far the most accessible electric model available in the UAE through official dealers.

(Image credit: )

BYD (OTCMKTS: BYDDY) has entered the UAE passenger car market to expand its presence in the Middle East further after having previously entered Israel and Jordan.

On June 21, BYD launched the Atto 3 in the UAE with its local partner Al-Futtaim Electric Mobility Company. The model, known as the Yuan Plus in China, is the first global model from the new energy vehicle (NEV) maker.

This revolutionary vehicle marks a significant milestone in the UAE's journey towards sustainable mobility and reinforces both BYD and Al-Futtaim's commitment to contributing towards the UAE's Net-Zero 2050 strategic goals, BYD said in a press release.

The Atto 3 is priced at Dh149,900 ($40,810) in the UAE, below the Dh150,000 mark.

The pricing makes it by far the most accessible EV model available in the UAE through an official dealership, said Gulf News, an English-language UAE media outlet.

Other EVs are priced closer to Dh200,000 and higher, leaving a fairly open field for BYD to build scale in this market, Gulf News said.

BYD officially launched the Yuan Plus in China on February 19, 2022, and opens pre-orders for the model in Australia on the same day under the Atto 3 name.

The model is currently offered in five versions in China with a price range of RMB 139,800 ($19,470) to RMB 167,800.

Prior to the official launch of the Atto 3 in the UAE, more than 95,000 online visitors viewed the model, with more than 3,000 registered leads and 153 bookings, said Al-Futtaim managing director Hasan Nergiz, according to Gulf News.

"What people don't understand that much is that BYD is already the No. 1 EV manufacturer in the world and outsells . Atto 3 is the model that we will deploy to build a presence in the UAE and then will come the other models," Nergiz said.

The Atto 3 is BYD's first A-class SUV based on e-Platform 3.0, with a 0-100 km/h acceleration time of 7.3 seconds and a maximum range of 420 km WLTP.

BYD considered the needs and preferences of its UAE customers, and the model passed product localization and high-temperature testing, it said.

"We understand the importance of product localization for the UAE market with its unique climate and hot weather," said AD Huang, general manager of BYD Middle East & Africa.

"Last year, we conducted extensive hot weather testing to ensure the BYD Atto 3 performs optimally even in the region's challenging climate and hot summers. Over the course of several months, we drove more than 100,000 kilometers across the UAE in order to optimize the vehicle's performance and ensure that our customers receive the best driving experience possible with the BYD Atto 3," he said.

Currently, EV sales account for less than 5 percent of new car sales in the UAE, and that number is skewed toward fleet sales rather than retail buyers, the Gulf News report said, adding that that could change as people in their 20s or 30s become early adopters of EVs.

BYD will next launch its flagship Han sedan in the UAE, for which pre-orders are open on the BYD UAE website and will actually launch in October.

The UAE is the latest Middle East market BYD has entered, with the NEV maker announcing its entry into the Israeli passenger car market last August and launching four models -- Dolphin, Tang EV, Atto 3 and Han EV -- in Jordan on March 9.

BYD sold 240,220 NEVs in May, up 108.99 percent from 114,943 units in the same month last year and up 14.23 percent from 210,295 units in April, according to data released earlier this month.

In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April.

($1 = Dh3.6731, $1 = RMB 7.1795)

BYD delivers 1st 100 Yuan Plus EVs in Mexico

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BYD China Electric eMobility eV Fang Cheng Bao

BYD’s new brand Fang Cheng Bao releases more images of its 1st model

The number on the model's body has been changed from "2316" to "2318". It is unclear whether this implies that the model's launch will be delayed from June to August.

(Image credit: Fang Cheng Bao)

's new sub-brand Fang Cheng Bao continues to warm up for its first model, after announcing the brand's official name earlier this month.

Fang Cheng Bao shared several new images of the model on Weibo on Wednesday, showing it testing in the snow.

The brand did not mention where the pictures were taken, although some car bloggers said it was in Yakeshi, Inner Mongolia, known as the snow and ice capital of China.

BYD officially launched the Fang Cheng Bao brand on June 9, the fifth in its brand matrix, following the Dynasty, Ocean, Denza and Yangwang series.

The sub-brand will meet growing consumer demand for personalization by offering a unique range of professional-grade new energy vehicle (NEV) models, BYD said at the time.

Fang Cheng Bao's model lineup includes crossovers and sports cars, with its initial model, a hardcore SUV codenamed SF, expected to launch this year, according to a BYD press release.

In March, CnEVPost obtained several photos of the SF model showing the number "2316" emblazoned on its body.

The number 2 in the string refers to dual motors, 3 refers to three locks, 1 refers to a new platform, and 6 refers to a June launch, CnEVPost learned at the time.

It's worth noting that in the pictures released by Fang Cheng Bao yesterday, the number on the car becomes "2318". It's unclear if this means the SF model's launch will be delayed from June to August.

In the comments section of its Weibo, Fang Cheng Bao replied to a user's question about when the model would be released, saying that the launch event is on its way.

Fang Cheng Bao's brand name literally translates to "Formula" and "Leopard," symbolizing the quest for a transformative rise and exploration of the digital realm, BYD said earlier this month.

BYD has not provided pricing information on the first Fang Cheng Bao model in its warm-ups over the past few months, though CnEVPost previously learned that the model will target a market priced between 400,000 yuan ($55,700) and 600,000 yuan.

Xiong Tianbo, formerly head of BYD auto sales research institute, will be the general manager of the brand's sales division, leading the brand's product planning, channel sales, and brand building, a company insider previously told CnEVPost.

($1 = RMB 7.1795)

BYD officially names F brand Fang Cheng Bao, initial model to be launched this year

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BYD BYD Global BYD Mexico China Electric eMobility eV

BYD delivers 1st 100 Yuan Plus EVs in Mexico

Delivery of 100 Yuan Plus units was made by and three Mexican dealers.

(Image credit: BYD)

BYD (OTCMKTS: BYDDY) has delivered the first 100 units of the Yuan Plus, its first global electric vehicle (EV) model, in Mexico.

The delivery of the 100 Yuan Plus was made by BYD and three dealers, Continental, Dalton and Liverpool, which have stores in Mexico City and Guadalajara, BYD said today.

Yuan Plus is the first A-class SUV to feature BYD's e-Platform 3.0, initially available in China on February 19, 2022.

The model is the also first BYD model to be built for the global market under the name Atto 3 in several other markets. In the Mexican market, BYD is following the same name it used in China for the model.

"We are delighted to announce the simultaneous delivery of 100 BYD YUAN PLUS vehicles in Mexico City and Guadalajara. This milestone underscores the growing interest and demand for sustainable and efficient electric vehicles among Mexican consumers," said Zou Zhou, country manager of BYD Mexico.

BYD did not make any additional introductions for the model, which has previously been available in several markets, including Australia, Mongolia, Nepal and Jordan.

The model sold in China measures 4,455 mm in length, 1,875 mm in width and 1,615 mm in height, with a wheelbase of 2,720 mm.

The BYD Yuan Plus is powered by a motor with a peak power of 150 kW and a peak torque of 310 Nm, with a 0-100 km/h acceleration time of 7.3 seconds.

In Mexico, BYD announced in February that it has entered into a strategic auto finance partnership with Santander Bank, through which BYD will provide a full range of auto finance solutions to local dealers.

BYD and Santander Bank will also provide Mexican consumers with financial services for NEV purchases, including down payments as low as 10 percent, installments of up to 72 months and waiver of application fees for vehicle purchase loans, according to a previous press release.

BYD rolls out 4 models in Italy as it expands presence in European passenger car market

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China Electric eMobility eV Li Auto Li Xiang Sales Target

Li Auto CEO reaffirms goal of reaching 1.6 million annual sales by 2025

aims to reach annual sales of 1.6 million vehicles and annual revenue of RMB 500 billion by 2025, its CEO said.

The CEO of Li Auto (NASDAQ: LI) welcomed the clarification of China's new energy vehicle (NEV) purchase tax exemption policy for the next few years and reiterated the company's ambitious goals.

Li Auto aims to reach annual sales of 1.6 million vehicles and annual revenue of RMB 500 billion ($70 billion) by 2025, Li Xiang, the company's founder, chairman and CEO, wrote on Weibo today.

China has provided stable policies for the next four years, which is great and gives Li Auto's team no excuse not to accomplish its strategic goals for 2025, Li said.

By early 2026, Li Auto's ability to meet that goal will be verified, he said.

Li Auto originally set that aggressive goal in February 2021, saying the company aims to be the No. 1 smart electric vehicle company in China with a 20 percent market share, or 1.6 million units sold annually, by 2025.

For reference, sold 1,804,624 retail units in China for the full year last year, ranking first with an 8.8 percent share, according to the China Passenger Car Association (CPCA).

Li Auto delivered 133,246 vehicles last year, up 47.25 percent year-on-year, but did not make the CPCA's top-selling automaker ranking.

All three models currently sold by Li Auto are extended-range electric vehicles (EREVs), which are essentially plug-in hybrid vehicles (PHEVs) that are still equipped with internal combustion engines.

Recently, there has been some concern that China may be scaling back support for PHEVs in order to accelerate the auto industry's transition to battery electric vehicles (BEVs).

Earlier today, China's Ministry of Finance released details of the policy to extend the purchase tax exemption for NEVs, with equal treatment for BEVs, PHEVs, EREVs, and fuel cell vehicles.

The country exempts NEVs with a purchase date between January 1, 2024 and December 31, 2025 from vehicle purchase tax, the tax exemption will not exceed RMB 30,000 per new energy passenger vehicle.

For NEVs with a purchase date between January 1, 2026 and December 31, 2027, the vehicle purchase tax will be levied at half the normal rate, with the tax reduction not exceeding RMB 15,000 per new energy passenger vehicle.

To achieve its 2025 target, Li Auto announced two months ago its plan to launch new models in the next two years.

On the first day of the Shanghai auto show on April 18, Li Auto unveiled its all-electric solution, based on the 800 V high-voltage platform, capable of giving a BEV a 400 km range on a 10-minute charge.

With the launch of the solution, Li Auto officially enters a phase of parallel development of its EREV and BEV product lines, it said at the time.

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

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

($1 = RMB 7.1945)

Li Auto Family Tech Day: 1st BEV named Li MEGA, aims to be top seller above $70,000 in China

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BYD China Denza Denza N7 Electric eMobility eV

Denza sees 1st production cars of N7 SUV roll off line

The Denza N7 will go on sale later this month, with deliveries to begin in July.  |  BYDDY.US | HK

BYD's premium new energy vehicle (NEV) brand Denza has seen the first production vehicles of the N7 SUV roll off the assembly line, Zhao Changjiang, general manager of the brand's sales division, said on Weibo today.

Zhao did not provide any more information, though shared two images of Denza celebrating the moment.

On June 13, Zhao said the Denza N7 had received more than 20,000 pre-orders before specifications and pricing were announced.

On March 26, he said there were many customers who wanted to get the Denza N7 released and on the market as soon as possible, and that the model was expected to receive 30,000 orders before its mid-year launch, according to the volume of inquiries.

Denza is a joint venture formed in February 2011 by BYD and Daimler, with each holding a 50 percent stake at the time. In February 2022, the Daimler brand was rebranded as Mercedes-Benz. BYD's shareholding in Denza increased to 90 percent last year.

In August 2022, Denza let the D9 MPV go on sale, the brand's first model after the reorganization. The Denza N7 is the second model after Denza's sharing-holding change and its first SUV.

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

On December 20 last year, Zhao said on Weibo that the Denza N7 aims to capture the market for conventional internal combustion engine cars priced at around 400,000 yuan ($55,750).

On April 25, Denza said the N7 had received 10,569 pre-orders, just seven days after reservations opened.

On May 30, Zhao said at Denza's first brand day event that the Denza N7 would go on sale in late June, with deliveries to begin in July.

The Denza N7 is a 5-seat mid-size SUV with a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm, respectively, and a wheelbase of 2,940 mm, a previous regulatory filing shows.

Denza's only model currently in delivery, the Denza D9, began deliveries at the end of October last year and sold 11,005 units in May this year, the third consecutive month in which it has exceeded 10,000 units.

($1 = RMB 7.1753)

Denza's 1st SUV N7 surpasses 20,000 pre-orders ahead of official launch

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