Micro and Small Electric Vehicle Market Enters a Phase of Differentiated Transformation, New Entrants Face Opportunities
2024/05/16
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Deepal S07 AI Laser Edition Launched at 155,900 Yuan with Limited-Time Price from 149,900 Yuan
The Deepal S07 AI Laser Edition launched on September 28 with 4 variants priced at 155,900-175,900 yuan and limited-time rights price of 149,900-169,900 yuan. Equipped with roof-mounted external LiDAR, the AI laser ADAS covers urban, highway and parking scenarios: urban supports roundabouts, unprotected left turns, narrow road encounters and U-turns; highway enables autonomous ramp entry/exit and intelligent lane changes; parking handles ultra-narrow spaces and dead-ends with remote parking. Interior features a 15.6-inch 2.5K central screen, Snapdragon 8295P chip, 55-inch AR-HUD and dual zero-gravity front seats. The 800V platform delivers 6C peak charging, adding nearly 400km in 9 minutes, with 725km CLTC range and 210kW motor. Standard FSD+HRS adaptive suspension included.
BYD Increases Investment in Brazilian EV Factory to BRL 5.5 Billion
BYD has announced an increase in investment for its Brazilian EV factory from BRL 3 billion to BRL 5.5 billion. The facility, located in the Salvador metropolitan area of Bahia state, is set to have an initial production capacity of 150,000 units annually, manufacturing both electric and hybrid vehicles. Expected to commence operations within the year, BYD's commitment also includes the construction of five residential buildings for 4,230 employees, highlighting the company's long-term dedication and support for sustainable development in Brazil.
Geely Xingrui L PLUS Launching Oct 17; from 125,700 Yuan, Petrol and Hybrid Options
The Geely Xingrui L PLUS launches October 17 on the CMA platform, offering petrol and hybrid powertrains at 125,700-155,700 yuan. Exterior features the grille with 31 chrome strips, dimensions 4,956×1,915×1,505mm with 2,845mm wheelbase. Full-width tail lamps with dual exhaust outlets and 7 exterior colors. Interior includes a 15.4-inch 2.5K floating center screen and 16.6-inch W-HUD, running Flyme Auto OS with HiCar, Apple CarPlay and CarLink connectivity, plus an EVA intelligent robot and 3 interior color options. Powertrains: 1.5L petrol (148kW), 2.0L petrol (200kW) and 1.5L hybrid (120kW, 3.98L/100km WLTP combined).
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BYD Ocean Network First MPV Spied; More Traditional MPV Style, Launch by Year-End
Spy shots reveal BYD's first MPV for the Ocean Network, caught charging at a BYD ultra-fast charger. The front light signature clearly shows Ocean Network design language, though the overall profile differs significantly from the Ocean-V concept shown at the 2026 Beijing Auto Show, leaning toward a more traditional MPV style. Equipment includes a large grille, conventional door handles and a roof-mounted LiDAR. The Ocean-V concept was a five-seat MPV featuring a sliding center screen, 180-degree rotating seats, auto-retracting steering wheel, front-row screen extension, hidden tables and one-key bed mode – whether these carry over to the production model remains to be seen. Expected launch by year-end.
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Geely Galaxy Warship 700 Launching Oct 10; from 199,800 Yuan, Tri-Motor PHEV, 1,770 km Range
The Geely Galaxy Warship 700 launches October 10 at 199,800-389,800 yuan, positioned as a mid-to-large boxy SUV with tri-motor AWD PHEV powertrain and up to 1,770 km CLTC combined range. Exterior features the "Oriental Lion" face with "Celestial Eye" headlights and a 192-line LiDAR. Dimensions are 5,085×1,999×1,912mm with 2,900mm wheelbase, offering 6 color options. Interior includes 10.2-inch cluster, 15.4-inch center screen, 12.66-inch passenger screen, 15.4-inch HUD, Flyme Auto OS, 23-speaker audio and 18.5L dual-opening fridge. ADAS supports highway NOA, urban NOA and full-scenario parking. Power options: 1.5T+single motor (350kW/605Nm/6.4s/305km EV); 1.5T+tri-motor (690kW/938Nm/4.2s/280km EV); 2.0T+tri-motor (830kW/1129Nm/3.95s/270km EV). All variants charge 10-80% in 10 minutes. Chassis features active hydraulic suspension, CCD dampers, AI predictive magic carpet system and rear differential lock with 800mm wading depth.
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2026 Li Auto i6 Launching Oct 28; Six Major Upgrades, 780km Range, Deliveries Early November
The 2026 Li Auto i6 launches October 28 with deliveries in early November, arriving at dealerships October 11 and debuting at the Paris Motor Show October 12. Six major upgrades: ADB matrix headlights (same as MEGA); powered front trunk; dual zero-gravity front seats reclining to 150 degrees; 29-inch 6K panoramic front screen plus 21-inch 4K rear entertainment screen; 96kWh self-developed battery with 780km CLTC range; Snapdragon 8797 + Mach M100 chips. Exterior gets minor tweaks aligning the front fascia with the L9 and i9, semi-flush door handles, 20/21-inch wheels. Dimensions 4,950×1,935×1,655mm with 3,000mm wheelbase. Self-developed 5C ultra-fast charging cells (manufactured by XWWD/CAII), with Pack assembly done in-house. Mach package: dual M100 chips and 4 LiDARs (roof main + two side + rear blind-spot). Supports powered doors and optional electric tow hitch. Single motor 250kW; dual motors 150kW+250kW.