AutoBeta(AutoBeta.net)11/04 Report--

On November 4, it was reported that Xilai plans to launch its first hybrid model in 2026 and begin delivery in 2027, but the model will not be sold in China, but only in overseas markets such as the Middle East, North Africa and Europe. According to people familiar with the matter, the launch of the extended-range car was recommended by its main investor, Abu Dhabi investment company CYVN Holdings, which could boost sales in the Middle East, where infrastructure is not yet ready for large-scale adoption of electric vehicles.

In response to the news, the official of Xilai Automobile has not responded yet.

On the 5th of last month, Xilai officially announced that it had signed a strategic cooperation agreement with the company's strategic investor CYVN, announcing that it would set up an advanced technology research and development center in Abu Dhabi, United Arab Emirates, and the two sides would jointly develop a new model for the local market. At the same time, Weilai announced that it will officially launch its business in the Middle East and North Africa, which will be operated through Weilai Middle East and North Africa through its joint venture with CYVN. The United Arab Emirates will become the first market for Weilai Middle East and North Africa companies, and delivery is scheduled to begin in the United Arab Emirates in the fourth quarter of this year.

At present, Xilai is accelerating its global listing. So far, the whole system has entered five European markets, including EL8, ET7, EL7, ET5, ET5T, EL6 and other six mass production models have entered the European market. In the future, Weilai also plans to introduce the second brand "ONVO" and an all-electric small car codenamed "Firefly" to Europe. According to the plan of Xilai Automobile, it will enter 25 countries and regions by 2025.

As a representative of the new power of car building, in the Chinese market, Lai Automobile mainly focuses on electric vehicles. So far, the layout includes ES8, ES6, ES7, EC6, EC7, ET7, ET5, ET5T and other models, covering medium and large SUV, medium-sized SUV, medium-and large-sized cars, medium-sized cars, products priced at more than 300000 yuan. In May this year, Ledao Motors, the first model of Ledao L60, a brand new brand, was launched on Sept. 19, with a total of two models priced between 20.69 yuan and 235900 yuan. The car was entrusted with the important task of car sales and market share.

In addition, Xilai will launch a third brand, FIREFLY Firefly, and the third brand, FIREFLY Firefly, will be released in NIO Day 2024 and will be launched in 2026. It is worth mentioning that there was news in the market that the Firefly project would use an incremental hybrid. In response, Li Bin, chairman and CEO of Xilai, said that Ledao and Firefly have no plans to launch hybrid products.

Data show that from January to October this year, a total of 170257 vehicles were delivered by Xilai, an increase of 35.05% over the same period last year. Among them, 20976 vehicles were delivered in October, down 0.97% from the same period last year. Among the subdivided brands, the Weilai brand delivered 16657 vehicles in October and the Ledao L60 delivered 4319 vehicles. For comparison, in the first 10 months of this year, 393255 ideal cars, 122478 Xiaopeng cars and 211038 zero-running cars were delivered.

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