Another lithium company opens up the Middle East market!

On September 27, 750 units of Xiaopeng G9 (International Edition) and Xiaopeng P7i (International Edition) were assembled in Xinsha Port Area of Guangzhou Port and will be shipped to Israel. This is the largest single shipment of Xiaopeng Auto, and Israel is the first stop for Xiaopeng Auto to enter the Middle East market.

Xiaopeng Auto said, "While plowing the European market, we are also actively exploring the Middle East market with great potential; Israel is the first stop for us to step into the Middle East market, and we will gradually enter the neighboring countries to accelerate the globalization process."
WKN Lithium notes that in the past September, the 2024 Xiaopeng G9, with Zhongxin Hang as the main power battery supplier, was officially listed and sold, with a domestic price of 263,900-359,900 yuan, and reaped the impressive results of large orders exceeding 8,000 in 72 hours of the listing, and exceeding 15,000 in 15 days of the listing; the Xiaopeng P7i, also with Zhongxin Hang as the main power battery supplier, was launched in March of this year. P7i, which is also the main power battery supplier of China Innovation Aviation, was listed on March 10 this year, with a domestic price of RMB 249,900-339,900, and sold 13,700 units in the second quarter alone.

Now, these two models of Xiaopeng are heading to the Middle East, further opening up the market.
Xiaopeng Automobile Thick and Thin

In the new car-making forces, "Wei Xiaoli" is undoubtedly the focus of market attention.

From the sales situation so far this year, although the sales of ideal automobile is in the forefront of the three car companies, but one thing is that the ideal automobile's pure electric new energy vehicles have just been launched, before that are not pure electric vehicles.

The latest sales data show that in September this year, the sales of Azure automobile was 15,641 units, and the Peng automobile was 15,310 units, which is not comparable.

The strength of Xiaopeng Auto, the investment from Volkswagen is also a proof: on July 26, Volkswagen Group released a statement announcing that it had reached a technical cooperation framework agreement with Xiaopeng Auto, and that Volkswagen Group would increase its investment in Xiaopeng Auto by about $700 million (about 5 billion yuan), and would acquire an equity stake of about 4.99 in Xiaopeng Auto at a price of $15 per ADS. Volkswagen Group will become the third largest shareholder of Xiaopeng Auto.

Based on their respective core competencies and Xiaopeng Auto's G9 model platform, intelligent cockpit and high-level assisted driving system software, Xiaopeng Auto and Volkswagen will co-develop two B-segment electric vehicle models to be sold under the Volkswagen brand in the Chinese market.

The heavy investment by Volkswagen in Xiaopeng Auto is a milestone event for China's new car-making forces to win international recognition and attract international veteran car giants to take the initiative to join hands with them.

Domestic and international force, the sales of small peng car, is expected to be in the future to a higher level.

In terms of power battery support, China innovation aviation is the largest battery supplier of small peng car. Data show that the innovative aviation power battery supply to small peng car, so far in June this year, the penetration rate of a single month is close to 70%.

It is reported that the production of Israel's roc G9 and roc P7i, power battery are provided by the innovative aviation.

Among them, Xiaopeng G9 (international version) is equipped with a new generation of lithium iron battery and medium nickel high-voltage lithium ternary battery developed by China Innovation Hangzhou based on 800V high-voltage platform, supporting a range of 570, 650km. these two types of batteries are highly adaptable, support high rate of fast charging, and can be realized in 20 minutes charging 10% -80%, with high safety, high specific energy, long life and other outstanding advantages.

Xiaopeng P7i (International Edition) equipped with a new innovative navigation medium nickel high voltage ternary upgrade electric core, CLTC integrated range up to 702km, 0-100km acceleration 3.9s, and help P7i complementary energy comprehensive upgrades, 10%-80% charging time of 29 minutes at the fastest, charging power to improve 90%, charging 10 minutes to supplement the range of up to 240km.

It is worth mentioning that in the two-day summer EV test held by the Norwegian Association of Passenger Associations NAF in June this year, Xiaopeng G9 (European version) broke the charging record, with a peak charging power of 319kw, and came out on top with a WLTP range completion rate of 113%, ranking first, and at the same time, Xiaopeng P7i (European version) was ranked second with a range completion rate of 110.3%, ranking second, and with industry-leading technology The P7i (European version) ranked second with a range completion rate of 110.3%, becoming the pride of China's new energy overseas with its industry-leading technology and product power.

Further consolidation of China's new aviation international brand

With the core product competitiveness of "high energy density, high safety, long service life, fast charging/high power, and all-weather", China Innovation Aviation has increased customer diversification significantly since 2022, with a higher-quality customer structure, and initially established the image of a major international brand.

In terms of joint venture brands, China Innovation Voyage has successively supported Volvo EX30 overseas version, Smart Elf #1/#3, Honda e:N series and other models.

Among all the models exported by Azalea overseas, the 100kWh version is mainly equipped with Zhongxin Hangzhou's ultra-fast charging battery.

Recently, China Innovation Aerospace has also helped export the international version of the Xiaopeng model to the Middle East market.

It is also worth mentioning that, in view of the previous announcement of Volkswagen and Xiaopeng hand in hand, it is not difficult to speculate that China Innovation Hangzhou will soon take this as a breakthrough to cut into the camp of Volkswagen's globalization strategic partners.

In terms of power battery loading volume, the latest TOP10 global power battery loading volume in August shows that China Innovation Air ranked TOP5 globally with 3.6GWh power battery loading volume, up 87.3% year-on-year.

Behind China Innovation Hangzhou is the South Korean company SK On, whose power battery installed volume in August was only 2.7GWh, 0.9GWh less than China Innovation Hangzhou.

Coincidentally, the 10th place in the global power battery loading volume ranking in August was 0.9GWh for Xinda, that is, in August, China Innovation Hang pulled away from SK On by a distance of TOP10 enterprises.
Summarize

This year, China's auto exports have reached record highs, is expected to replace Japan, become the annual auto exports of the world's first.

In this, new energy vehicles continue to continue good performance, market share steadily increased. China Association of Automobile Manufacturers (CAAM) expects that China's auto exports will exceed 4 million units in 2023, with new energy vehicles steadily exceeding 1 million units.

Following the trend of globalization of Chinese automobiles, especially China's new energy vehicles, Xiaopeng Automobile has opened up the Middle East market at the same time as it is making its presence felt in the European market. Relying on its strong product strength, China Innovation Voyage is also attacking the global market with its products.


Post time: Oct-18-2023