In the past week, the HiPhi Y received 2,000 firm orders and more than 50,000 purchase intentions, a HiPhi executive said.
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Chinese premium electric vehicle (EV) maker Human Horizons' HiPhi brand will begin delivering the HiPhi Y in China this weekend and has announced how the new model has performed since its launch.
HiPhi will begin delivering the HiPhi Y to its first Chinese customers on July 29, the company's brand and communications manager, Xu Bin, said on Weibo today.
In the past week, the HiPhi Y received 2,000 firm orders and more than 50,000 purchase intentions, Xu said.
The number of available vehicles for test drives in showrooms is very tight and HiPhi is currently accelerating the process of making vehicles available in stores to schedule more test drives and increase the order conversion rate of the HiPhi Y, he said.
Of the firm orders for HiPhi Y, the average age of the customers is around 35 years old, with more than 65 percent of them being family users, he said.
Among these 2,000 customers, people who were originally BMW, Mercedes-Benz and Audi owners accounted for the highest percentage, especially Mercedes-Benz owners, said Xu.
Of the customers who test-drove the HiPhi Y, 85 percent said the model met and exceeded expectations, and their favorites were the handling, the quietness of the car, and the smart cockpit with three screens, Xu said.
On July 15, HiPhi launched the HiPhi Y SUV, the company's third model after the ultra-luxurious HiPhi X and HiPhi Z.
The model is currently available in four variants with starting prices of RMB 339,000 ($47,060), RMB 369,000, RMB 399,000 and RMB 449,000 respectively.
Notably, the HiPhi Y is the lowest-priced model launched by the brand so far, a move that is seen as it is trying to enter the mainstream premium EV market.
The HiPhi Y measures 4,938 mm in length, 1,958 mm in width and 1,658 mm in height, with a wheelbase of 2,950 mm.
Its two least expensive versions are powered by a single motor with a maximum power of 247 kW, which can accelerate from 0 to 100 km/h in 6.9 seconds. Both versions have a battery pack capacity of 76.6 kWh and a CLTC range of 560 kilometers.
The version with a starting price of RMB 399,000 is also powered by a single electric motor with 247 kW of maximum power that can accelerate from 0 to 100 km/h in 6.8 seconds. It comes with a 115-kWh battery pack and has a CLTC range of 810 km.
The highest-priced version of the HiPhi Y comes with dual motors, with an additional front motor of 124 kW maximum power, and can accelerate from 0 to 100 kilometers per hour in 4.7 seconds. It comes with a 115-kWh battery pack and has a CLTC range of 765 kilometers.
($1 = RMB 7.2035)
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