EV Morning News | Ministry of Commerce: Organize new energy vehicles to the countryside and expand the circulation of used cars; Smart S7 delayed delivery to a high subsidy of 10,000 yuan; BYD reduced

Domestic information

1. Ministry of Commerce: Organize the deployment of new energy vehicles to the countryside and expand the circulation of used cars

On January 15, at the Central Economic Work Conference, the head of the relevant departments of the Ministry of Commerce delivered a speech. Xu Xingfeng, director of the Department of Market Operation and Consumption Promotion of the Ministry of Commerce, said that the next step is to stabilize and expand traditional consumption. The Ministry of Commerce will implement the policies already issued, plan more incremental policies, and form a "combination fist" to promote consumption. The whole chain promotes automobile consumption, encourages automobile renewal consumption, and focuses on stabilizing new car consumption; organizes the launch of new energy vehicles to the countryside to boost new energy automobile consumption; improves the information inquiry platform for used cars, and expands the circulation of used cars; promotes the development of automobile aftermarket such as automobile events and RV camping, and promotes the transformation of automobiles from transportation to consumer culture. (Economic Daily)

In 2023, the output of new energy vehicles in Guangzhou exceeded 650,000, an increase of 1.08 times

In 2023, Guangzhou will adhere to industry first and manufacturing as a city, and accelerate the construction of a national advanced manufacturing base. Promote digital industrialization, add 15,200 5G base stations, a total of 91,700, and the added value of the core industry of the digital economy accounts for 13% of the regional GDP. Promote industrial digitalization, select 122 key platforms of "four modernizations" empower, add 4 national-level intelligent manufacturing demonstration factories, and GAC Aian is selected as the world’s only new energy vehicle "lighthouse factory". Accelerate the development of strategic emerging industries, two industrial clusters of biomedicine and intelligent manufacturing equipment were awarded national excellent, the output of new energy vehicles exceeded 650,000 vehicles, an increase of 1.08 times, the first phase of Zhongke Aerospace Flight Technology Industrialization Base was completed and put into operation, Yihang Intelligent Unmanned Aircraft was awarded the world’s first airworthiness certificate, and the added value of strategic emerging industries accounted for more than 30% of the regional GDP.

The 2024 Changan Automobile Partner Conference will be held on January 16

A few days ago, we learned from the official that the 2024 Changan Automobile Partner Conference will be held on January 16, when Changan Automobile is expected to release new plans, new technologies and new products for 2024. In addition, the recent personnel adjustment between Deep Blue Automobile and Avita will affect the follow-up development of the brand; how Changan and Huawei cooperate to balance the relationship with other partners will also be revealed. Zhu Huarong, Chairperson and Party Secretary of Changan Automobile, Wang Jun, President of Changan Automobile, and Xu Zhijun, Chairperson of Huawei, will attend the conference and give keynote speeches. (Autohome)

4, Smart S7 launched the car care subsidy, delayed delivery to the highest subsidy of 10,000 yuan!

As the first sedan launched by Huawei’s smart car business, Zhijie S7 has been attracting consumer attention since its release. On January 15, Zhijie Automobile officially announced that Zhijie S7 launched a subsidy for car pickup and care, and the delayed delivery can enjoy up to 10,000 yuan. Specifically, the scheduled time for Zhijie S7 is November 28, 2023 – January 15, 2024. Among them, the waiting time for Zhijie S7 Max non-white sand apricot interior and S7 Max RS non-white sand apricot interior is 6 weeks. After 6 weeks, the subsidy will be 200 yuan/day/vehicle, up to 10,000 yuan. Zhijie S7 Max white sand apricot interior, S7 Max RS white sand apricot interior, and S7 Max + will be delivered on February 29, 2024 at the latest. From March 1, 2024 (inclusive), the subsidy will be 200 yuan/day/vehicle for each delayed day, up to 10,000 yuan. (First Electric)

5. BYD cuts prices by 15% in Germany

According to reports, in recent days, price cuts were carried out at the headquarters of Volkswagen, BMW and Porsche. It is reported that the price of electric vehicles in Germany has been reduced by 15% in order to expand its leading position in key markets. The price cuts cover its best-selling Atto 3 model, which started pre-sale in Europe in September 2022, when it was priced at 38,000 euros ($41,700). In comparison, the Atto 3 costs around $18,700 in China, which means that after the price cuts in Germany, its overseas market prices are still much higher than the domestic market. BYD’s price cuts are in response to the removal of the "environmental incentive" electric vehicle subsidy policy in Germany, with the aim of maintaining the attractiveness of its products in a highly competitive market. (Zhitong Finance)

6. BYD has reached a procurement agreement for the world’s largest energy storage project

On January 15, Spanish renewable energy developer Grenergy announced on its official website that it has reached a procurement agreement with BYD on the 1.1GWh energy storage system of the 4.1GWh energy storage project of the world’s largest energy storage project – Chile’s Oasis de Atacama (Atacama Oasis). According to the agreement, BYD will supply Grenergy with a total of 2,136 sets of Rubik’s Cube MC Cube equipment, which will install the above equipment in the first and second phases of its Chile Atacama Oasis project. According to reports, the project is currently the largest energy storage project in the world, with a total investment of 1.40 billion US dollars. The first phase of the project is planned to be put into operation in 2024, and the first phase will be put into operation in 2025. (Billion European Network)

7. Why increase the amount of lithium concentrate in Australia in the next three years against the trend? Ganfeng Lithium Industry responds: Guaranteeing supply is the priority

On January 15, Australian lithium mine producer Pilbara Mining Company announced that the company has signed an amendment to the off-take agreement with Chinese lithium salt giant Jiangxi Ganfeng Industry and its subsidiaries. Pilbara will increase the supply of spodumene concentrate to Ganfeng Lithium Industry from 160,000 tons per year to 310,000 tons per year in the next three years. Why is it still necessary to increase the off-take of raw material lithium concentrate when the price of lithium salt market has plummeted and the overall supply of lithium battery industry exceeds demand? Ganfeng Lithium Industry said that regardless of the market price, the company still needs to produce normally and ensure the supply of raw materials. (Surging News)

8. BAIC Blue Valley: It is expected that the net loss in 2023 will be 5.20 billion yuan – 5.70 billion yuan

On January 15, BAIC Blue Valley released its performance forecast. It is expected that the net loss in 2023 will be 5.20 billion yuan – 5.70 billion yuan, and the net loss in the same period of the previous year will be 5.46 billion yuan. The company’s product sales are still in a period of rapid improvement, and the scale effect has not yet appeared, resulting in high product costs in stages; with the successive listing of new products in the later stage, the product structure is gradually enriched, the channel construction is further improved, and the company’s product sales and profitability are expected to continue to improve. (Zhitong Finance)

9. It was exposed that the M7 launched a facelifted model in the second quarter, but Huawei has not responded yet.

On January 15, some media learned that a modified model will be launched in the second quarter of this year, and the car will adopt a family-style design language. However, Huawei has not made an official statement on this. In 2023, Q Jie released two new cars, the new M7 and M9, both of which are popular. According to Q Jie’s previous plan, a modified M5 model and a new Q Jie M8 will be launched this year. According to previous official data, the Q Jie series delivered 24,468 new cars in December. Q Jie’s new M7 has exceeded 120,000, and Q Jie M9 has exceeded 30,000. (First Electric)

10. The tail label font has finally become smaller. The latest declaration picture of Xiaomi SU7

A few days ago, the Xiaomi SU7 declaration picture was exposed again. Unlike before, this time only the details were optimized. It has to be said that Lei Jun is still more able to listen to public suggestions, and immediately modified everyone’s complaints. The focus of this modification is in the following aspects: 1. With a new 21-inch wheel (previously 20 inches), the brake calipers have different color schemes; 2. The Xiaomi word on the tail is blackened, and the XIAOMI word can be made smaller; 3. Optional carbon fiber rearview mirror. (Autohome)

11. The price of all models has been reduced by more than 30,000 yuan? Li Auto responded: Start the product update transition in advance

A few days ago, it was reported that the ideal L7, L8, and L9 series launched promotions at the beginning of the year. According to Li Auto stores, the price reduction range is 35,000 to 38,000 yuan according to different model versions. In particular, the ideal L7, the starting price is directly reduced to 286,900 yuan, and it has dropped to 300,000 yuan for the first time. In addition, for Shanghai, Li Auto also has a "Shanghai brand" subsidy of 10,000 yuan, which ends at the end of January. In this regard, the reporter asked Li Auto for verification. The other party said that the purchase discount for the 2023 model is on the one hand to cope with the continuous intensification of price competition among the three luxury brands (Mercedes-Benz, BMW, Audi), and on the other hand, it is through the limited-time Chinese New Year preferential policy to start the product update transition in advance. "From the fourth quarter of [2023], [we will] start the product update transition in advance through price concessions." Li Auto said. (Daily Economic News)

12, the ideal L6 model MIIT certificate debut, pricing 300,000 yuan or less

On January 15, MIIT released the 379th batch of "Road Motor Vehicle Manufacturers and Product Announcements" new product announcements, in which the ideal L6 model appeared. As can be seen from the declaration map, the ideal L6 model still adopts a family-style design. The car has been declared in two versions, both of which are plug-in range-extending power 5-seat models, with optional wheel hub styles and radars.

The ideal L6 has a length, width and height of 4925x1960x1735mm, a wheelbase of 2920mm, and an engine model of L2E15M (113kW power). It is equipped with two battery versions, namely the lithium iron phosphate battery of Ningde Times and Xinwangda. (Fast Technology)

13. BYD’s first thousand-horse sedan! Looking up at the exposure of U7 ID photos

According to a number of media reports, the photo of BYD’s first thousand-horse sedan looking up to the U7 has been officially exposed. As the first car under the Looking Up brand, the front face of the car still adopts the classic family-style design of the Looking Up brand. The front face shape is very sharp, and the C-shaped headlight group is still not absent. The length, width and height of the new car are 5265 * 1998 * 1517mm, and the wheelbase reaches 3160mm. It is positioned as a large pure electric car, and the wind resistance coefficient of the whole vehicle is as low as 0.195 Cd, which is the lowest in the world. In terms of power, the Looking Up U7 is equipped with "Easy Sifang" four-motor technology. Each wheel drive motor has a power output of up to 240kW, and the comprehensive system power of the whole vehicle is as high as 960kW. The strong power performance is expected to have a supercar-like performance in zero-hundred acceleration. In addition, the Yangwang U7 is also equipped with the Yunchan-X intelligent body control system, which has a variety of advanced functions such as in-situ take-off, in-situ U-turn, and safe driving in the case of tire damage. (new travel)

14, BYD looks up to the U8 off-road version debut: the first car drone cabin on the roof

In MIIT’s latest batch of new car declaration catalogues, we found BYD looking up to the U8 off-road version.

The real car declaration chart shows that the biggest difference between the U8 off-road version and the deluxe version is the on-board drone compartment on the roof. Although it is similar to the travel compartment of ordinary vehicles, it can directly take off and land and store the on-board drone, which is quite convenient and practical. In other respects, the total mass of the Looking Up U8 off-road version is 4170kg, the maximum curb weight is 3708kg, and the total mass of the quasi-trailer is 2500kg; the power is the same as the current deluxe version, and the maximum horsepower of the four-wheel independent motor is 1200 horsepower. With the announcement of the Looking Up U8 off-road version declaration information, it indicates that the car may be listed in the near future. (Fast Technology)

15. Three power forms, BYD Sea Lion 07 EV declaration picture

Recently, in the latest MIIT catalog, BYD Sea Lion 07 EV declaration map was officially released. The car is a new medium-sized SUV from BYD Ocean Network. It was launched at the Guangzhou Auto Show and is planned to be listed in the first half of 2024. It is expected to cost 20-260,000 yuan. According to MIIT information, the new car will be equipped with three power forms. In terms of body size, the length, width and height of the new car are 4830/1925/1620mm, and the wheelbase is 2930mm. In terms of power, the new car will provide three power forms. The two-wheel drive version will provide 230kW and 170kW motors respectively, and the maximum power of the front and rear motors of the four-wheel drive version will be 160kW and 230kW respectively. (Autohome)

16. Continuing the concept car shape, the red flag EHS7 declaration map was exposed

Recently, MIIT announced the application information of the Hongqi E202. From the tail label, it will be named Hongqi EHS7 in the future. The new car basically continues the design of the concept car and is positioned in the pure electric medium and large SUV. It is expected to provide HAC intelligent driving advanced safety chassis system, four-wheel drive system, air suspension, 800V fast charging system, etc. It is understood that the new car is expected to be launched in February 2024. (Autohome)

17. Adopting a family-style design style, Zhiji L6 declaration map is exposed

On January 15th, we obtained the new model of the Zhiji brand from the latest MIIT official website – Zhiji L6. The new car adopts a family-style design style, and the sales performance of the Zhiji brand will be further enhanced with the launch of the new car. In terms of body size, the length, width and height of the new car are 4931/1960/1474mm respectively, and the wheelbase is 2950mm. The rear of the new car is very sexy, and the upturned ducktail design shows the performance style. At the same time, the taillight shape is also very eye-catching.In terms of power, the new car will be equipped with the model TZ180XS0952/TZ230XY1351 drive motor produced by United Automotive Electronics Co., Ltd./Huayu Automotive Electric System Co., Ltd., with a maximum power of 200 kW and 379 kW respectively. (Autohome)

18. Equipped with a super range extension system, the dark blue G318 declaration map is exposed

Recently, we obtained the new SUV model under the dark blue brand from the latest MIIT declaration information – the dark blue G318 declaration picture. At the same time, the car may be sold for about 300,000 yuan in the future. In terms of body size, the length, width and height of the new car are 4915 (4998)/1985/1885 (1960) mm, and the wheelbase is 2880mm. In terms of power, the dark blue G318 will be equipped with super range extension, of which the single motor version has a maximum power of 110 kW; the front and rear dual motor four-wheel drive version models, of which the maximum power of the front motor is 131kW, the maximum power of the rear motor is 185kW, and the total power of the system reaches 316kW. (Autohome)

19. Pure electric coupe SUV Changan Qiyuan E07 declaration map exposed

A few days ago, we obtained the declaration map of Changan Qiyuan’s new SUV model Changan Qiyuan E07 from the latest issue of MIIT declaration information. The car is positioned as a medium and large SUV, using pure electric drive, with two-wheel drive and four-wheel drive models available. The maximum power of the two-wheel drive model is 252kW, and the motor power of the front and rear of the four-wheel drive models is 188/252kW respectively.In terms of body size, the length and width of the new car are 5045/1996mm, the height is 1640/1665/1695mm, and the wheelbase is 3120mm. In terms of power, the new car has two-wheel drive and four-wheel drive models to choose from. The maximum power of the two-wheel drive model is 252kW, which is about 343 horsepower, and the maximum speed is 201km/h. The motor power before and after the four-wheel drive model is 188/252kW, and the total power is 440kW, which is about 598 horsepower. The maximum speed is 210km/h. (Autohome)

20. The official picture of Baojun Yueyue PLUS five-door version model was released: CLTC has a battery life of 401km and will be listed in the first quarter

The official picture of Yueya PLUS was announced. The new car is positioned as a pure electric small SUV, and still continues the more square and tough appearance design language. The overall shape is full of off-road atmosphere. In terms of power, the car is built based on a new architecture platform architecture, equipped with an output motor with a maximum power of 75 kW, and the cruising range can reach 401 kilometers under CLTC conditions. It is reported that Baojunyue PLUS will be officially launched in Quarter 1 this year. The length, width and height of the new car are 3996/1760/1726mm respectively, and the wheelbase is 2560mm. (Network News Agency)

21. Covering a mileage of over 2,000 kilometers! AITO Wenjie fast charging station settled on the 318 Sichuan-Tibet Line

We learned from the official account of Sailis Automobile that the Wenjie fast charging station has officially settled on the 318 Sichuan-Tibet Line. It is reported that the AITO Wenjie fast charging station covers more than 2,000 kilometers along the way from Chengdu to Lhasa, and there are a total of 8 fast charging stations in the picture. The eight fast charging stations are located in Xinduqiao Town, Kangding City, Sichuan Province, Batang County, Ganzi Prefecture; Mangkang County, Changdu City, Zuogong County, Changdu City, Basu County, Bomi County, Nyingchi City, Bayi District, and Lhasa City. Previously, Huawei’s full liquid-cooled super charging stations were launched in Tianquan Service Area along the Sichuan-Tibet South Line and Litang-Aden Highway, Litang Kangnan Tourism Distribution Center, and Sangdui Service Area. (Fast Technology)

22. Lu Weibing: Xiaomi’s first batch of 2S stores are already under renovation

On the afternoon of January 15, Lu Weibing, partner, president, and president of the international department of Xiaomi Group, revealed in a post on Weibo that the first batch of Xiaomi automobile sales and service partners have been signed recently, and the first batch of 2S stores are already being renovated, and will provide car users with Sales & Service and other services as scheduled. (Interface News)

23. Charging can also be OTA. The charging speed of GAC Aian models will increase by up to 28% from today.

On January 15, GAC Aian announced that the AION Y Plus, AION S Plus, and AION S MAX models will upgrade the OTA charging speed. The three models will start to push the OTA upgrade in batches from today (January 15, 2024), claiming that the "charging speed can be increased by up to 28%", which can be charged by 30% -80% in 30 minutes, and can be fully charged in 77 minutes to 610km. In addition, GAC Aian also announced a service upgrade. From January 1, 2024 to February 9, 2024, all AION models purchased (the first non-operating owner) can enjoy lifetime free maintenance (10 basic maintenance); while old owners introduce new users to successfully purchase cars, they can enjoy 5 basic maintenance. (IT Home)

24. Ningde Times may start construction of a Beijing factory in 2024, with ideal supply and millet

Recently, the news that the 14th battery production base of Ningde Times may be located in the capital Beijing has attracted attention for several days. According to reports, the Beijing Municipal Development and Reform Commission has recently made "spoilers" on a series of policy measures to promote economic development in the first quarter: it plans to launch the 1.0 version of the industrial map to focus on nearly 30 policy measures to promote economic development; promote a number of major projects, including the Beijing factory of Ningde Times, and plan to implement a parts production base. Then there are rumors that the Beijing factory of Ningde Times has started construction. According to industry insiders, considering that the nearest priority is to supply major customers Li Auto, BAIC New Energy, and Xiaomi Automobile in the future, it is not surprising that Ningde Times has established a factory in Beijing. (Surging News)

25, subsidy 13 billion yuan! Chery car maximum price reduction 50,000 yuan

On January 15, Chery Automobile issued a document saying that the New Year’s car purchase will give 13 billion yuan back, and you can grab cash subsidies by watching live broadcasts. According to reports, this event provides 9 major benefits, including "50,000 yuan large coupons" and "18,900 yuan car purchase coupons". The new generation of Tiggo 3X e-commerce version also provides 49,900 yuan spike price. According to market news, Chery Automobile, a subsidiary of Chery Group, is considering applying for IPO as early as 2024, and may seek the highest valuation of 150 billion yuan. It plans to complete the listing of class A share by 2025. (Jiwei.com)

International information

U.S. electric vehicle sales rose 29% in the fourth quarter, with Tesla accounting for 56.3%.

The U.S. electric vehicle market is continuing to grow, contrary to the slowdown in demand suggested by many headlines, according to CleanTechnica, a website focused on the clean technology and renewable energy industries. U.S. pure electric vehicle sales rose 29 percent in the fourth quarter compared to the fourth quarter of 2022 and 122 percent compared to the fourth quarter of 2021. Tesla remains dominant in the market, accounting for 56.3 percent of all pure electric vehicle sales in the U.S. in the fourth quarter. (Hexun.com)

Tesla’s first OTA update in 2024

On January 15, Tesla announced a major OTA update, with the upcoming 2023.44.30 version. The new version has been upgraded in terms of safety, intelligence, and entertainment. Tesla Vision Parking Assist has been upgraded again, and can now display high-definition 3D images of the vehicle’s surroundings, including the distance and shape of nearby objects, obstacles, vehicles, and painted road signs. The new version also introduces a traffic light countdown function. In the navigation state, the map will show the traffic light status of the next intersection, as well as the remaining seconds. It is worth noting that Tesla has also updated this time a "Autopilot Autopilot Assisted Driving Pause" function – when the driver shows improper driving behavior (such as taking his hands off the steering wheel), he will receive a "Forced Disable Autopilot Autopilot Assisted Driving" warning from the vehicle. Once three warnings are received, Autopilot will be forcibly disabled, and it will take about a week for the owner to turn it on again. (Fast Technology)

3. BMW CFO: Fuel vehicle sales have passed the critical point, and sales growth mainly comes from electric vehicles

Walter Mertl, BMW’s chief financial officer, said at a conference on Monday that the company had passed a tipping point for diesel locomotive sales and that sales growth now came mainly from electric vehicles. He added that in his view that tipping point had passed last year, and that "current diesel locomotive sales will continue to be flat and then decline slightly." BMW achieved a target of 15 percent of all-electric vehicle sales last year and plans to increase that to 33 percent by 2026. However, Mr. Mertl said that BMW’s internal combustion engine and all-electric vehicle margins would not reach the same level until at least 2026, noting that it would be more expensive to introduce new battery technology into later models. (Gaishi Automotive)

4. Kia: Global sales reach 3.085 million units in 2023, setting a new high for annual sales

On January 15, Kia’s official Weibo announced that global sales in 2023 were 3,085,771 vehicles, an increase of 6.3% year-on-year, setting a new annual global sales record. In addition to special vehicles, Kia’s sales in South Korea reached 563,660 vehicles in 2023, an increase of 4.6% year-on-year; sales in markets outside Korea reached 2,516,383 vehicles, an increase of 6.7% year-on-year. According to Kia, in 2024, Kia’s global sales target is 3.20 million vehicles. According to regions, it is expected to sell 530,000 vehicles in South Korea and 2.663 million in overseas markets outside Korea. In addition, Kia also plans to sell 7,000 special-purpose vehicles. (China Economic Network)

5. Panasonic will produce upgraded electric vehicle batteries as early as 2024

According to reports, Shoichiro Watanabe, the chief technology officer of Panasonic Energy, a battery business owned by Panasonic Holdings, said in an interview that the improved version of its 2170 battery will start production at its manufacturing plant in Nevada, USA in 2024 or 2025. The Osaka-based electronics manufacturer can meet its promise to quadruple its production capacity by fiscal year 2030, and does not need to rely entirely on new plants or heavy investment, Watanabe said. Shoichiro Watanabe said that Panasonic has been working hard to improve the energy density of the 2170 battery, adding that this can help reduce the overall cost of electric vehicles. (Car Quality Network)

6, the price 46,000 yuan, ID.4X sold 149,800 yuan, the joint venture price war started

SAIC Volkswagen recently announced that the 2024 ID.4 X model will be launched on January 1, 2024, with a limited-time promotion. The price range of this compact SUV is 195888-28.3388 yuan, but the cash discount is as high as 46,088 yuan. Although this model is a new facelift of Volkswagen, it has not changed much in design and still offers a two-tone body option.

Based on the MEB pure electric platform, the car has two power versions of rear-drive and front dual-motor four-wheel drive to choose from. Among them, the rear-drive version with a maximum power of 125kW and 150kW can travel 425km, while the four-wheel drive version with a maximum power of 230kW can travel 555km. (Zhongguancun Online)

7. The all-electric Porsche Macan will be unveiled on January 25

A few days ago, Porsche officially announced that the pure electric Macan will be unveiled on January 25. The car is the first SUV model of the Porsche brand based on the PPE platform (Premium Platform Electric). It uses dual-motor four-wheel drive and has a combined output power of 612 horsepower. The car is equipped with a 100kWh lithium battery and an 800V architecture, and the WLTP range is expected to exceed 500km. (Autohome)

8. Honda is betting on hydrogen fuel cell vehicles: they will keep pace with pure electric vehicles in the future

Honda Motor, a long-time proponent of hydrogen fuel cell vehicles, is betting that hydrogen fuel cell technology will play an important role in the future passenger car market after the "era of battery electric vehicles" is fully launched. Honda, a long-time proponent of hydrogen fuel cell vehicles, launched the world’s first hydrogen fuel cell sedan FCX Clarity as early as 2008 and launched the second generation model between 2017 and 2022.

Recently, Honda partnered with General Motors to launch hydrogen fuel cell versions based on CR-V chassis in the US and Japan. Inoue Katsushi, head of Honda’s electrification division, said in an interview with AutoCar that FCEVs (fuel cell vehicles) have the potential to become an important part of Honda’s global product line.

Inoue believes that battery electric vehicles will be the first to popularize, while hydrogen fuel cell vehicles are the next stage of development. He said that the hydrogen fuel cell era may take some time, and 2040 may be more realistic than 2030. (IT Home)

9. Toyota Motor: C + Pod, a Xiuzhen electric vehicle, will be discontinued around the summer of 2024

Toyota has decided to end production of the C + Pod, an ultra-compact battery electric vehicle (BEV), around the summer of 2024. On Christmas Day 2020, Toyota released an ultra-compact battery electric vehicle (BEV), the Toyota C + Pod, which will initially be deployed to local companies and institutions in Japan. Taking advantage of the mini body of this electric vehicle, it is easy to move in densely populated areas and use as a short-distance transportation.

C + pod is an eco-friendly two-seater BEV designed to improve per capita energy efficiency. In addition to daily short-distance use, C + pod is also targeted at corporate users who visit customers regularly, as well as users in urban or mountainous communities who require safe, unrestricted and environmentally friendly transportation. (Financial World)

Author: Wang Yuning

Source: First Electric Network (www.d1ev.com)