Weekly Indicators
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China’s Automakers Reveal February Sales Figures
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NIO delivered 6,131 new vehicles, a decrease of 36.5% compared to January’s 9,652 due to the Spring Festival holiday and low season in sales. By the end of February 2022, NIO had delivered a total of 182,853 new vehicles.
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XPeng delivered a total of 6,225 new vehicles, an increase of 180% compared to last year. However, the number still fell by 51.8% compared to January’s 12,922 due to the Spring Festival holiday, low season in sales, and the upgrade and renovation of the Zhaoqing plant. XPeng announced that the upgrade and renovation had been completed and full production resumed in mid-February.
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Li Auto delivered 8,414 Li ONE vehicles, a decrease of 31.4% compared to last month’s 12,268 affected by the Spring Festival holiday and other factors.
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Byton delivered 2,916 units of its M-Byte BEV in February, a 17.4% drop compared to January’s 3,530. A total of 12,453 units of M-Byte BEV were delivered as of February.
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NEV and PHEV maker BYD delivered 90,268 vehicles in February, with 87,473 units being new energy vehicles, accounting for almost 97% of total sales. BYD overtook SAIC Volkswagen and ranked second in China’s auto sales rankings in February, only a 5.8% month-on-month decrease.
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NIO, XPeng, and Li Auto are among the seven Chinese companies whose merger plans are currently being reviewed by regulatory authorities.- In February, GAC Aion delivered 8,526 vehicles, down 46.8% from January. Currently, the capacity expansion of Aion’s factory phase two has been completed on February 14th, and it is expected that the delivery volume will recover in the future.
Quick Comment:
On the first day of March, new energy brands released sales figures for February. Due to the impact of the Spring Festival holiday, factory production, and the soaring prices of raw materials, the delivery volume of various car companies generally declined in February, with a month-on-month sales decline of nearly 50%, but it is expected to have a general recovery from March as the resumption rate goes back to normal.
It is worth noting that according to the sales of new energy vehicles announced by automakers, the sales of seven new energy vehicles brands, including NIO, Xpeng, Leap Motor, NETA, XPeng, Zeekr, and GAC Aion, totaled 42,764 units, which is less than the sales volume of BYD alone. BYD’s new energy market share in February was close to 30%. Once the subsequent production capacity issues are resolved, meeting the needs of the domestic market, they can also try to compete with Tesla.
Li Auto’s Code X01 officially named Li ONE L9
At after 8 pm on March 3, Li Auto quietly released a message confirming that the model code X01 was officially named “Li ONE L9”
The message is concise but full of keywords:
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During the Beijing Auto Show
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Build for the family
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Global
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Intelligent flagship SUV
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L9
Quick comment:
The 2022 Beijing Auto Show time is from April 21 to 30, and it is about 50 days away from now. The official preheating message released at this time is in line with the normal marketing rhythm. The positioning of “build for the family” is also within everyone’s expectations, as ONE’s success is based on it. The new information of “global”, “intelligent flagship,” and “L9” roughly explains how Li Auto plans to fight in its new battle. In the future, we will continue to release more exciting content about the X01 on the 42 How Club Li Auto Community and app. You are welcome to come to the community and join the Li ONE L9 interest group to discuss and interact with us.
Geely’s new concept car Zeekr O₂ debuts
Geely’s new concept car O₂ debuts, and its features are as follows:
- A new customized aluminum adhesive platform with higher quality and rigidity.- Recyclable thermoplastic monomer polyester fiber materials and labeled aluminum materials demonstrate Polestar’s persistent pursuit of achieving higher levels of recyclability.
- Equipped with an automated, movie-grade drone for aerial filming.
- According to official sources, the O₂ concept car will incorporate Polestar UK team’s newly customized all-aluminum adhesive platform, which has inherent advantages such as more compact body control, high rigidity, and responsive dynamics.
- For the drone part, Polestar engineers have developed an exclusive wing for the new car, which can create a negative pressure area suitable for drone takeoff at the rear of the vehicle, allowing for smooth takeoff even when the vehicle is in motion.
- The drone can run fully automatically and automatically follow a vehicle at a maximum speed of 90 kilometers per hour. The driver can choose the “high-altitude surround mode” or the “sports tracking” mode to record more exciting driving footage. After shooting is completed, the drone can automatically return to the car. The central control screen of the vehicle can edit and share the video clips after the vehicle is stopped.
- Polestar’s value proposition is carbon neutrality, and the naming inspiration for this concept car comes from oxygen. Using recyclable thermoplastic materials as the only soft material in the car means that most seat materials can be recycled, and the different grades of aluminum materials used in the body also have their own labels, making it easier to classify and recycle them, greatly improving the efficiency of the entire vehicle’s recycling process.
- Polestar Precept demonstrated Polestar’s vision for future design, cutting-edge technology, and sustainable development, and the Polestar O2 continues to embody the ideology of Polestar Precept. Starting from 2022, Polestar plans to launch three new vehicles in the next three years, gradually putting the concepts of these concept cars into production.
- The 7-seater version of the interior of the LanTu Dreamer electric MPV was recently unveiled.
- Compared to the 4-seater version first unveiled at the Guangzhou Auto Show on November 19th last year, the 7-seater version’s interior is more practical and closer to Chinese users’ usage habits regarding MPVs.The 7-seat layout of Landtour Dreamer is in the form of 2+2+3, which is the same as the current mainstream layout of MPV.
The length, width, and height of Landtour Dreamer are 5,315 x 1,980 x 1,810 mm respectively, and the wheelbase reaches 3,200 mm. This wheelbase is 112 mm longer than that of Buick GL8 and 200 mm longer than that of Elfa. Therefore, Landtour officially stated that even when four 24-inch travel cases are placed in the trunk, it will not affect the comfort of the third-row passengers’ head, shoulder, and legroom.
After Landtour Dreamer is launched in April this year, we will also experience whether the space in the third row is as large as the official said, and whether it will affect the seating space of the second row and the trunk space.
Quick Comment:
With the electrification process of various brands, the electric drive form will also give MPV new blood. This year’s electric MPV market will also become particularly fierce. Both Buick and Volkswagen will launch their own pure electric MPV. In the domestic market, the Roewe iMAX 8 EV will soon land in the market. In April, what kind of trend will the launch of Landtour Dreamer trigger?
WENJIE M5 Delivery Launched
On March 5, AITO WENJIE M5 delivery launch ceremony was simultaneously held in multiple cities such as Shanghai, Guangzhou, Hangzhou, and Chongqing. From now on, AITO WENJIE M5 will be delivered in more than 100 user centers in 36 cities.
At the delivery launch ceremony, Zhang Zhengyuan, CMO of Siles Automobile, stated that the AITO brand will provide users with cost-effective basic rights and interests, and bring users a joyful experience throughout the entire life cycle, continuously practicing the brand concept of putting users first.
Quick Comment:Since its debut and pre-sale at Huawei’s Winter New Product Launch in late December last year, AITO AITO M5 has been catching the attention of many users. It is said that more than 10,000 orders were placed in just over a month, and a large number of users are eagerly waiting for delivery. The simultaneous delivery of AITO M5 in 36 cities marks a good start for AITO. At the same time, AITO’s user center is also rapidly expanding, with 500+ experience centers, 150 sales and service outlets for user centers fully deployed.
In addition, AITO M5 will also be available for sale through Huawei Smart Selection channels. This year, there will be more than 1,000 experience centers and about 300 user centers joining AITO.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.