CHINA: November NEV Sales Show Fresh Monthly Records
About this episode
November saw record-breaking sales for new energy vehicles (NEVs) in China, with BYD leading the pack by delivering around 480,000 units. The episode dives into the competitive landscape, highlighting key players like SAIC, Geely, and Chang'an, while discussing the impact of price wars and international expansion. Notably, Leap Motor achieved significant growth, surpassing its annual sales target early. The episode wraps up with a fascinating story of Geely's Galaxy M9 SUV, which completed an 18,000-kilometer journey from China to Europe, showcasing its engineering prowess.
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BYD KEEPS LEAD AS CHINA NEV SALES HIT NEW RECORDS IN NOVEMBER https://evne.ws/4peTBR7
#1 – BYD https://evne.ws/4rFNYgr
#2 – SAIC https://evne.ws/4rFNYgr
#3 - GEELY https://evne.ws/4rFNYgr
#4 – CHANGAN https://evne.ws/4rFNYgr
#5 - CHERY https://evne.ws/4rFNYgr
#6 - HIMA https://evne.ws/4rFNYgr
#7 - LEAPMOTOR HITS 500,000 SALES EARLY AS REVENUE DOUBLES https://evne.ws/4rFNYgr
#8 - ZEEKR GROUP SETS FRESH NOVEMBER DELIVERY RECORD https://evne.ws/3XvrYac
#9 - GWM OVERSEAS EV SALES HIT NEW MONTHLY HIGH https://evne.ws/49MBJbj
#10 - XIAOMI EV HOLDS ABOVE 40,000 MONTHLY DELIVERIES https://evne.ws/440iCXI
NIO NOVEMBER EV DELIVERIES SURGE AS Q4 RECORD LOOMS https://evne.ws/4pCrz1E
LI AUTO DOUBLES DOWN ON FLAGSHIP BEV SUV AS ORDERS SURGE https://evne.ws/3KC475F
VOYAH SURGES PAST 20,000 MONTHLY EV SALES https://evne.ws/4p7CgcC
GEELY GALAXY M9 SURVIVES 18,000 KM EURASIAN TORTURE TEST https://evne.ws/3Y0S6d5
BYD
"...BYD sold 237,540 pure BEVs. The company's sub-brands, ocean and dynasty lines,..."
BYD is a car company from China that makes electric cars. They are one of the biggest makers of electric vehicles globally.
BYD is a Chinese automotive manufacturer known for its electric vehicles (EVs) and batteries. It has rapidly become one of the largest producers of electric vehicles in the world, particularly in the battery electric vehicle (BEV) segment.
BEV
"...BYD sold 237,540 pure BEVs. The company's sub-brands, ocean and dynasty lines,..."
BEV means Battery Electric Vehicle. These cars run only on electricity and don’t use gas or diesel, so they are better for the environment because they don’t pollute the air.
BEV stands for Battery Electric Vehicle, which is a type of electric vehicle that is powered entirely by electricity stored in batteries, with no internal combustion engine. They produce zero tailpipe emissions.
Yang Wang
"...the ultra-luxury Mark Yang Wang delivering 703. However, it's 703 vehicles in a month..."
Yang Wang is a luxury car brand from BYD that makes very expensive electric cars. They focus on high-end features and performance.
Yang Wang is a luxury automotive brand under BYD, focusing on high-end electric vehicles. It represents BYD's foray into the ultra-luxury segment of the electric vehicle market.
NEV
"...new energy vehicles passed 130,000 units in the month,..."
NEV means New Energy Vehicle. It refers to cars that use new types of energy, like electricity or hydrogen, instead of just gasoline or diesel.
NEV stands for New Energy Vehicle, which includes electric vehicles, plug-in hybrids, and hydrogen fuel cell vehicles. This term is commonly used in China to categorize vehicles that utilize alternative energy sources.
Leap Motor A10
"...Leap Motor is also broadening its range. The A10, a long-range smart SUV,..."
The Leap Motor A10 is an electric SUV made by a company called Leap Motor. It's designed to have a long driving range and includes smart technology features.
The Leap Motor A10 is a long-range smart SUV produced by Leap Motor, a Chinese electric vehicle manufacturer. It represents the company's efforts to expand its vehicle lineup and cater to the growing demand for electric SUVs.
Nio ES8
"is the new generation of the ES8. That's an SUV recently updated and it costs around 56,000 US dollars equivalent."
The NIO ES8 is a type of electric SUV made by a company called NIO. It's designed to be high-quality and has a lot of advanced features.
The NIO ES8 is an electric SUV produced by the Chinese automaker NIO. It is known for its premium features and performance in the electric vehicle market.
premium segment
"So this is very much in the higher premium segment. The ES8 had 10,000 cumulative deliveries in just 41 days of its third generation."
The premium segment means cars that are more expensive and usually have better features and quality. They are aimed at people who want something special.
The premium segment refers to a category of vehicles that are priced higher than average and typically offer superior features, performance, and luxury. This segment targets consumers looking for high-quality products.
order intake
"NIO says order intake for the model stayed steady through November and they're ramping up production."
Order intake is how many people have ordered a product in a certain time. It helps companies know how popular something is and how much to make.
Order intake refers to the number of orders received by a company for a specific product within a certain period. It is an important metric for assessing demand and production planning.
electric vehicle (EV)
"NIO is a pure electric manufacturer. They're pushing back on the current trend towards E-Revs building on a decade of EV development."
An electric vehicle, or EV, is a car that runs on electricity instead of gasoline. They are better for the environment and can save money on fuel.
An electric vehicle (EV) is a type of vehicle that is powered entirely or partially by electricity, using electric motors instead of traditional internal combustion engines. EVs are known for being more environmentally friendly and often have lower operating costs.
battery subscription model
"80% of its users go for the battery subscription model which separates the battery from the vehicle purchase."
In a battery subscription model, you can buy an electric car but rent the battery instead of buying it with the car. This can make the car cheaper to buy initially and lets you change the battery later if needed.
The battery subscription model allows customers to purchase an electric vehicle without the battery, which can be leased separately. This approach can reduce the upfront cost of the vehicle and provide flexibility in battery upgrades.
Lee Auto
"Lee Auto missed out on the top 10 but they are speeding up their move towards the top 10 with more strong sales in November."
Lee Auto is a car company that makes electric vehicles. They are working hard to sell more cars and grow their business.
Lee Auto is an automotive company that focuses on electric vehicles and has been making strides in the market with significant sales figures.
range extended hybrids
"That momentum is helping Lee Auto shift away from range extended hybrids and pushing deeper into the purebeath market."
Range extended hybrids are cars that can run on electricity for short distances but also have a gas engine that helps recharge the battery for longer trips.
Range extended hybrids are vehicles that combine a traditional internal combustion engine with an electric motor, allowing the car to use electricity for short trips while the engine can recharge the battery for longer distances.
Lee i6
"So the Lee i6 launched in September this year on a dedicated BEV platform."
The Lee i6 is a new electric car made by Lee Auto. It was designed specifically to run on electricity and is part of their push to make more electric vehicles.
The Lee i6 is an electric vehicle (EV) launched by Lee Auto on a dedicated battery electric vehicle (BEV) platform. It represents the company's efforts to expand its electric vehicle lineup.
Lee i8
"...the old electric Lee i6 and the larger i8 SUV has passed 100,000 units combined."
The Lee i8 is a bigger electric SUV made by Lee Auto. It's part of their range of electric vehicles and has also been popular among buyers.
The Lee i8 is a larger SUV model from Lee Auto that, along with the i6, has received significant order volumes. It reflects the company's strategy to cater to different segments of the electric vehicle market.
battery packs
"...Lee Auto has put in place dual supply systems for the battery packs..."
Battery packs are groups of batteries that store energy for electric cars. They help the car run and decide how far it can go on a single charge.
Battery packs are collections of battery cells that store energy for electric vehicles. They are crucial for powering the vehicle and determining its range and performance.
LiDAR
"It has LiDAR full width DRLs and their new VLA artificial intelligence."
LiDAR is a technology that helps cars understand their surroundings by using lasers to measure distances. It's important for self-driving cars to know where they are and what is around them.
LiDAR stands for Light Detection and Ranging, a technology that uses laser light to measure distances and create detailed maps of the environment. It's often used in autonomous vehicles for navigation and obstacle detection.
LFP battery
"Under the skin it's a really fast charging 5C LFP battery in-house silicon car by powertrain technology."
LFP batteries are a type of battery used in electric cars that are safe and last a long time. They help power the car and are often cheaper than other types of batteries.
LFP stands for Lithium Iron Phosphate, a type of lithium-ion battery known for its safety, long life, and thermal stability. It's commonly used in electric vehicles due to its efficiency and lower cost compared to other lithium-ion batteries.
Ford Galaxy
"...'ll finish off with one story and that is Geely's Galaxy M9. The Galaxy M9 is an SUV"
The Ford Galaxy is a large family car that can fit many people and their stuff. It's great for families or anyone who needs a lot of room when traveling.
The Ford Galaxy is a versatile multi-purpose vehicle (MPV) known for its spacious interior and family-friendly features. It has been a popular choice in Europe for those needing ample passenger and cargo space, making it significant in the segment of family-oriented vehicles.
Geely Galaxy M9
"...that is Geely's Galaxy M9. The Galaxy M9 is an SUV and they just drove it 18,000 kilometers from China to Europe."
The Geely Galaxy M9 is a type of SUV made by a Chinese car company called Geely. It can carry six people and has been in the news for a long trip it made from China to Europe.
The Geely Galaxy M9 is a new SUV model from the Chinese automotive manufacturer Geely. It features a spacious six-seater configuration and has gained attention for its long-distance journey from China to Europe.
M9
"was a six seat M9 and it crossed Eurasia on a route"
The M9 is a car made by Geely that can seat six people. It's built for different types of roads and weather.
The Geely M9 is a six-seat vehicle designed for versatility and comfort, suitable for various driving conditions.
GEA EVO platform
"Now it's built on Geely's GEA EVO platform."
The GEA EVO platform is a base that Geely uses to build different kinds of cars, including those that use both gas and electricity.
The GEA EVO platform is a modular vehicle architecture developed by Geely, designed to support various types of vehicles, including hybrids and electric models, enhancing flexibility in manufacturing and design.
plug-in hybrid system
"It uses a plug-in hybrid system with CATL batteries."
A plug-in hybrid system is a type of vehicle that uses both a gasoline engine and an electric motor. You can charge it by plugging it in, which helps save fuel.
A plug-in hybrid system combines a traditional internal combustion engine with an electric motor that can be charged via an external power source, allowing for improved fuel efficiency and reduced emissions.
CATL
"It uses a plug-in hybrid system with CATL batteries."
CATL is a company that makes batteries, especially for electric cars. They are one of the biggest battery makers in the world.
CATL, or Contemporary Amperex Technology Co., Limited, is a leading Chinese battery manufacturer known for producing lithium-ion batteries for electric vehicles and energy storage systems.
kilowatt hour
"Buyers can choose either an 18 or 41 kilowatt hour battery pack. They say 1500 kilometers maximum on combined fuels."
A kilowatt hour is a way to measure how much energy a battery can store. If a battery has a higher kWh rating, it can store more energy and usually power the vehicle for a longer time.
A kilowatt hour (kWh) is a unit of energy that represents the amount of energy consumed by a device using one kilowatt of power for one hour. It's commonly used to measure battery capacity in electric vehicles.
all-wheel drive
"All-wheel drive, Geely's Galaxy Brands flagship SUV the M9 is 5.2 meters long"
All-wheel drive means that all four wheels of the car get power from the engine, which helps the car grip the road better, especially in bad weather or off-road.
All-wheel drive (AWD) is a drivetrain configuration that provides power to all four wheels of a vehicle simultaneously, improving traction and handling in various driving conditions.
wheelbase
"the M9 is 5.2 meters long and a three meter wheelbase with, like I say, six seats inside, very luxurious vehicle."
Wheelbase is how far apart the front and back wheels are on a car. Cars with a longer distance between the wheels usually drive more smoothly.
Wheelbase is the distance between the front and rear axles of a vehicle. A longer wheelbase often contributes to better stability and ride comfort, while a shorter wheelbase can enhance maneuverability.
luxurious vehicle
"six seats inside, very luxurious vehicle. Starts though at 184,000 you won"
A luxurious vehicle is a fancy car that has a lot of comfortable and high-quality features, making it feel special to drive.
A luxurious vehicle typically refers to a car that offers high-end features, superior comfort, and premium materials, often aimed at providing an upscale driving experience.
engineering trial
"Industry Watchers were looking at the 18,000 kilometer run as not only an engineering trial"
An engineering trial is a test that car makers do to see how well a new vehicle works before they start selling it. It helps them find and fix any problems.
An engineering trial is a test conducted to evaluate the performance, reliability, and safety of a vehicle or its components under various conditions before it goes into production.
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