The new BYD Tang DM-I and Han EV Genesis Edition to be launched on March 16
Recently, BYD officially announced that the 2023 Han EV Genesis Edition and Tang DM-i will be officially launched on March 16th. BYD’s 2023 Han EV Genesis Edition is expected to feature a glacier blue exterior paint job, and may be equipped with an optimised FSD variable damping suspension system. In terms of power, there are two powertrain versions available: a single motor front-wheel drive and a dual motor all-wheel drive, with the latter having a 0-100km/h acceleration of 3.9 seconds.
BYD's new dolphin images revealed expected to debut in Q2
Recently, images of a suspected new BYD Dolphin were leaked online. The front bumper of the new car has been adjusted to an X-shaped design, with enlarged air vents on both sides. The rear spoiler has been replaced with a sportier double-sided hollow-out wing, with an added air flow channel in the center. The compact electric hatchback is likely to be equipped with a high-power motor, with a maximum power of 130kW and peak torque of 290N·m, and is expected to make its debut in the second quarter of 2023.
Aion Hyper GT will start pre-orders in April and launched in May.
It is reported that Aion’s electric executive sedan, the E Hyper GT, will start pre-sales in April, launch in May, with deliveries planned for June. The Hyper GT is the first model to be equipped with two new technologies, the “Starlink” Architecture and AEP3.0 platform. The starting price of the Hyper GT is expected to be around 220,000 RMB, pitting the executive EV with models such as the Tesla Model 3 and the NIO ET5.
Human Horizons’ HiPhi Y planned for release in Q2 with BYD tech
Recently, updates on the highly anticipated HiPhi Y, the newest luxury electric SUV from Chinese tech company Human Horizons, were released online. The newest vehicle from the Shanghai based EV start-up is set to debut in the second quarter of 2023. The HiPhi Y is built on the H-SOA electrical architecture, with a length and wheelbase that exceed that of NIO's ES6. With single and dual motor versions available, the standard and long-range options come equipped with lithium iron phosphate and three-element lithium battery packs, which are provided by a subsidiary of BYD. The HiPhi Y can achieve a pure electric driving range of up to 810 km.
XPeng leadership in turmoil, Wang Fengying faces “big test"
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According to Chinese business information platform, Tianyancha, there has been a reported change in the business registration of Guangzhou XPeng Motors Technology Co., Ltd. The changes include, Xia Heng has resigned as the legal representative and executive director and general manager, and will be succeeded by XPeng Motors Chairman He Xiao Peng. The EV makers’ new G6 SUV fastback is expected to be officially launched in mid-2023, with the pricing and release strategy for the G6 considered particularly important for the company. The G6 is also seen as the real "test" for new president Wang Feng Ying after taking over XPeng Motors at the start of this year.
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Will falling lithium battery materials result in cheaper EVs?
Recently, data released by Shanghai Steel Union showed that some lithium battery materials for new energy vehicles have seen a decline in prices. It is evident that raw material prices are a significant factor contributing to the decrease in electric vehicle prices. With the growth rate of production and sales of new energy vehicles decreasing, the average battery capacity per vehicle and the total demand growth rate for new energy vehicles are also decreasing. It is expected that there may still be room for price reductions in electric vehicles.