AutoBeta(AutoBeta.net)05/01 Report--

On May 1, Linkages officially announced price adjustments for some of its models, including Link01 EM-P, Link05 EM-P and Link06 Remix PHEV, all of which were lowered by 4000 yuan as a whole. In addition, Link09 EM-P performance version is lowered by 4000 yuan, Link09 EM-P voyage version is lowered by 8000 yuan, and Link09 MHEV model is lowered by 12,000 - 16,000 yuan.

It is worth mentioning that, according to the price protection clause previously issued by Linkages, users who purchase new energy products (normal commodity vehicles) through Linkages official App and authorized dealer channels from March 15 to April 30,2023 can get cash compensation equal to the price adjustment range. It is understood that Linke will authorize dealers to contact car buyers during the insured period before May 15 this year and notify them of the difference.

It is understood that the price reduction of new energy models is mainly due to the decrease in the purchase cost of battery raw materials. Since the beginning of this year, the price of lithium carbonate has been continuously lowered. Battery-grade lithium carbonate has dropped from the highest 600,000 yuan/ton in 2022 to less than 200,000 yuan/ton in the near future, and the fluctuation continues. On April 27, according to the data released by Shanghai Iron and Steel Federation, today's battery-grade lithium carbonate rose 4000 yuan/ton, with an average price of 184,000 yuan/ton.

For lithium battery downstream enterprises, lithium price reduction is undoubtedly good, and Linksys New Energy takes the lead in opening price reduction. Does it mean that a new round of new energy price reduction is coming soon? It is worth looking forward to!

According to the official website, the fuel vehicles currently on sale include Link01, Link02, Link03/03+, Link05 and new energy vehicles Link01 PHEV, Link02 PHEV, Link05 PHEV, Link09 MHEV/PHEV, among which Link09 is the largest size model among Link09 models currently on sale. It was launched in October 2021, providing MHEV and EM-P power for consumers to choose from. The Link09 MHEV model is equipped with a light hybrid system consisting of a 2.0T engine and a 48V motor. The maximum power is 254 horsepower and the maximum torque is 350 N·m. The transmission system is matched with an 8-speed manual self-contained gearbox. EM-P model consists of 2.0T engine and motor, among which the comprehensive power of the long-distance version system is 520 horsepower, the comprehensive torque is 844 N·m, and the pure electric endurance is 160km.

In June 2022, Gan Jiayuan, CEO of Geely Holding Group, announced at the Spring and Summer Conference of 2022·Electronic Sound Party that by 2025, all products of Linkages will be equipped with Linkages intelligent hybrid technology to realize electrification of all products.

Retail data show that in the first quarter of 2023, the cumulative sales volume of Link06 brand is 35345, and the top three models sold are fuel vehicles, among which Link06 is 14765, Link03 is 13594, and Link01 is 2711. It still takes a long time for Link09 PHEV to become the main consumer model, among which the sales volume of Link09 PHEV is 1458, including Link05 PHEV, Link06 PHEV and Link05 PHEV, all of which are less than one thousand.

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