Arcfox

The Arcfox brand sold 23,387 vehicles in October, marking a 110 percent year-on-year increase.

The updated Arcfox Alpha T5 is a midsize SUV with a starting price of RMB 109,800 ($15,460) after discounts.

The updated Alpha T5 marks Arcfox's entry into the increasingly crowded EREV segment.

Arcfox will debut the EREV variant of its Alpha T5 SUV later this month, featuring CATL's Freevoy Battery.

Arcfox said the T1 secured 26,558 firm orders within 12 hours of its launch.

Arcfox today saw the first production cars of its T1 compact electric SUV roll off the line, with pre-sales set to begin in late August.

Arcfox has drastically reduced the official guide prices of 2 models and offered a limited time discount for another.

BAIC's EV unit Arcfox has plugged into Nio's charging network, becoming the 16th brand to do so.

During the October 1-7 National Day holiday, the Xiaomi SU7 received more than 6,000 orders, Leapmotor 17,397 units and Deepal 14,465 units.

Arcfox has shipped vehicles to several countries and will accelerate its overseas sales and service network this year, it said.