Product Plans

Xpeng's two new platforms will see the launch of their respective first models in 2024, complementing the company's lineup in the RMB 100,000 to RMB 400,000 price range.

Nio has an aggressive target for the first model of Alps codenamed DOM, despite the short delivery window available during the year, according to the local media.

The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project's A-class sedan is scheduled for launch in the second half of the year.

Alps will use a pure vision solution similar to Tesla's on its smart driving system to cut costs, according to local media.

Aito launched the new M7 on September 12. It previously said it had more than 120,000 firm orders for the M7 by the end of December.

Li Auto will release the Li L6 EREV, Li Mega BEV in the first half of the year and will launch three more BEVs in the second half of the year, according to local media.

Li Auto's 2024 models will have configuration updates and will be launched and begin deliveries in March, it said.

Alps is targeting the family car market priced between RMB 200,000 ($28,000) and RMB 300,000, according to local media.

The move is in response to competition from Huawei-backed Aito's new M7, and Li Auto's sales expectation for the Li L6 is 20,000 units per month, according to local media.

Avatr will launch two new models in 2024 and will have four EVEVs to add to the lineup, its president said.