Changan Electric Vehicle Avatr Launches New Avatr 11 SUV, $6,970 Reduced
The new Avatr 11 SUV will go on sale this month with a starting price of 250,000 yuan, down from 300,000 yuan for the previous entry-level model。
The new Avatr Avatr 11 SUV will go on sale this month, starting at only 250,000 yuan, which is lower than the 300,000 yuan of the previous entry-level version of the model。
(Photo by CnEVPost)
Avatr Technology, an electric vehicle (EV) subsidiary of Changan Automobile, launched a new version of Avatr 11 SUV this month, with a sharp drop in starting price。
The electric car brand, backed by Ningde Times, Huawei and Changan, announced last night the launch of the Avatr 11 "smart driving model," starting at 250,000 yuan (US $34,840)。
The Avatr website's spec sheet shows that Avatr 11 is currently available in five versions, starting at $300,000, 33.50,000 yuan, 350,000 yuan, 360,000 yuan and 390,000 yuan。
The starting price of this new model is reduced by 50,000 yuan ($6,970).。
It is worth noting that the new version n is only available from March 1 to March 31。It is not clear whether the model will continue to be available in the next few months.。
Avatr did not mention how the new, lower-priced model differs from the previous model in terms of specifications。
Avatr, formerly known as Changan Weilai, was co-founded by Changan Automobile and Weilai Automobile (NYSE: NIO) on July 10, 2018, with each holding 50% of the shares.。
However, with the introduction of new financing over the past few years, NIO's shareholding has now been diluted to less than 1%。
Avatr 11 is Avatr's first model and the first high-end car in China that comes standard with Huawei Inside, Huawei's full-stack smart car solution. It was launched in August 2022。
On November 10, 2023, Avatr launched its second model, the Avatr 12 sedan。
Avatr 11 and Avatr 12 are both pure electric vehicles (BEV), and Avatr plans to launch extended-range electric vehicle (EREV) models to target a larger market.。
Avatr will launch two new models in 2024 and will add four EREVs to its production lineup, its president Chen Zhuo said in a video show in late December.。
According to data compiled by CnEVPost, Avatr delivered 2,457 vehicles in February, down 65 from 7,059 in January..19%。
Avatr 11 February delivery of 1,057 units, Avatr 12 delivery of 1,400 units。
($1 = RMB 7.1765)
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