Inovev plans 5,000 units per year of the new Lotus Eletre SUV

说明
Inovev plans 5,000 units per year of the new Lotus Eletre SUV
- After stopping production in China in 2017, the British sports car brand Lotus (a subsidiary of the Geely group since 2017) stopped manufacturing its Elise, Exige and Evora models on British territory in March 2022. The manufacturer will now focus on three new models: the Emira, which takes up the philosophy of the three missing models, the Evija, which is a top-of-the-range 100% electric supercar and the Eletre, which is the brand's first SUV and which is also equipped with a 100% electric motor.

- The Eletre SUV has just made its debut in China where it is produced at Geely. Remember that Lotus had already manufactured cars in China between 2012 and 2017 (up to 70,000 units per year in 2013) but competition had put an end to this activity, at a time when Lotus was not yet part of the Geely group. but was under the control of the Proton Group. The Lotuses then derived from Proton models were manufactured by the Chinese manufacturer Jinhua Youngman Vehicle Corporation.

- The Geely group now wants to revive Lotus on the Chinese market, thanks to a range of models better suited to demand, in particular by marketing 100% electric vehicles. The Eletre SUV is equipped with two permanent magnet electric motors delivering 905 hp and its battery has a capacity of 100 kWh. Lotus has announced that the Eletre will soon be followed by an all-electric four-door coupe, an all-electric compact coupe and another all-electric model, all made in China.

- Inovev expects 5,000 sales per year of the new Lotus Eletre SUV.


 
    
 

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Egypt wants to produce CKD 25,000 electric cars per year

说明
Egypt wants to produce CKD 25,000 electric cars per year
- Egypt is a CKD assembly country (low local integration rate assembly) and not a production country. The Egyptian government, faced with a drop in local automobile production in CKD since 2010, has decided to relaunch this production on new bases, namely the assembly in CKD of electric cars whose sales are increasing sharply all over the world. CKD automobile production in Egypt fell from nearly 76,000 passenger cars in 2010 to 53,000 in 2011, 37,000 in 2012 and 14,000 in 2013, before rising and stabilizing at 20,000 units per year. This drop in Egyptian car production is directly linked to the "Arab Spring" of 2011 and its aftermath.

- Since 2019, the new Egyptian regime had been seeking to establish an agreement with a foreign manufacturer to be able to revive local car production. After several years of negotiations, the government signed an agreement with the Chinese Dongfeng to locally assemble the Nasr E70 which is actually a Dongfeng Fengshen E70, a 100% electric medium sedan launched in China in 2018 equipped with a 150 hp engine and a 61 kWh battery, which has sold more than 80,000 units so far, including 15,000 in 2020, 30,000 in 2021 and 20,000 in the first half of 2022.

- The Egyptian government plans to produce 25,000 Nasr E70s per year for a full year, then 50,000 eventually, with the Egyptian plant to start production in CKD in July 2022. El Nasr Automotive Company is a subsidiary of the Metallurgical Industries Company dependent directly from the Egyptian Ministry of Public Enterprises. The program aims in particular to replace 11,000 old taxis with 11,000 Nasr E70s converted into taxis.


 
    
 

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Inovev plans 250,000 units per year of the new BMW X1 SUV

说明
Inovev plans 250,000 units per year of the new BMW X1 SUV
- BMW has presented the third generation (code U11) of its most popular SUV in the world, namely the C-segment X1 which shares its UKL platform with the recent Active Tourer (C-segment) and the Mini Countryman (B-segment). Last year, the older generation of the X1 was produced in 250,000 units worldwide, including 100,000 units in Germany, 100,000 units in China and 50,000 in the Netherlands, its two main markets being Europe and China.

- This volume of 250,000 units in 2021 is lower than that of 2017, 2018 and 2019 which was around 275,000 units per year, but Inovev does not believe in a return to these very high levels, due to a slowdown in the market. worldwide due to increasingly high prices and the decline in sales of thermal engine versions. The new BMW X1 is also offered in a 100% electric version called iX1 and equipped with a 62.5 kWh battery, which completes the already known range of i3, i4, i7, iX3 and iX.

- The thermal engines are the 3-cylinder 1.5-litre petrol engine with 136 hp and the 4-cylinder 2.0-litre diesel engine with 150 hp.

- The only room for improvement of the X1 would be due to a transfer of certain sales of X3, which is not certain, even if the new X1 lengthens by 5 cm, its length passing to 4.50 m, widens 2 cm (to 1.84 m) and rises 4 cm (1.64 m).

- This competitor of the Mercedes GLB, Audi Q3, Volvo XC40, Range Rover Evoque, Lexus UX, Jaguar E-Pace and DS7 Crossback will be produced in the three factories where it is currently produced: Regensburg (Germany), Born (Netherlands) and Shenyang (China) at the rate of 250,000 units per year according to Inovev. With the launch of the X1, interest in the BMW Active Tourer is likely to be greatly reduced.


 
    
 

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Mercedes interested in producing CKD electric cars in Egypt

说明
Mercedes interested in producing CKD electric cars in Egypt

- Mercedes expressed interest in producing electric cars in CKD in Egypt, saying that this country constitutes a promising market in the region, due to a large population, the emergence of a middle class, a rate motorization which is still very low (100 vehicles per 1,000 inhabitants) and the age of the local car fleet.


- Mercedes is today one of the major producers of electric vehicles in Europe, offering a wide range of models equipped with this type of engine, such as the EQA (segment C), EQB (segment C), EQC (segment D), EQE (E-segment), EQV (E-segment), EQS (F-segment), as well as the e-Citan, e-Vito and e-Sprinter, not to mention the new Smarts which will be launched in a few weeks and replace the old EQs Fortwo and EQ Forfour.


- Mercedes wants to establish itself in Egypt but it is not yet known which model the German manufacturer wants to produce there. The EQ range seems ill-suited to production intended for Egypt and emerging countries close to Egypt, due to very high prices for local consumers.


- There are therefore several possible scenarios: either produce a brand new 100% electric entry-level model, but nothing like this is planned today at Mercedes, or produce the future Smart in Egypt in addition to China, but it would require Geely's agreement, or produce existing models and try to export them in the region (to Israel in particular). None of these scenarios is preferred today.



 
    
 

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Inovev plans 200,000 units per year of the new Lexus RX SUV

说明
Inovev plans 200,000 units per year of the new Lexus RX SUV
- Lexus, a luxury subsidiary of the Toyota group, presented the new generation of its E-segment SUV, the RX, the previous one of which dated back to 2015. This hybrid-powered SUV is produced equally at two different sites, Miyawaka in Japan and that of Cambridge in Canada, quickly imposed itself on the world market as one of the references in the field of Premium SUV. It is especially in North America that the Lexus RX has its best sales scores (125,000 sales in 2021, including 115,000 in the United States and 10,000 in Canada), this region representing more than half of its global sales. Last year, 210,000 Lexus RXs were sold worldwide.

- This competitor of the BMW X5/X6, Mercedes GLE/GLE coupé, Audi Q7/Q8 and Volvo XC90 must now face its own internal competition, the new 100% electric Lexus RZ which risks taking part of its clientele.

- This is the reason why Inovev thinks that the sales levels reached by the Lexus RX in the years 2017 and 2018 (a volume of slightly more than 250,000 copies per year) will never again be reached and that we must instead count on 200,000 units per year of the new generation, which is still a high figure for a vehicle of this price.

- The new Lexus RX is no longer than the previous one (4.89 m) and it is even 1 cm lower. On the other hand, it widens by 2.5 cm.

- Its wheelbase is extended by 6 cm. To reduce its carbon footprint, its hybrid and plug-in hybrid engines abandon the 3.5-litre six-cylinder and opt for an equally powerful 2.5-litre four-cylinder.


 
    
 

Contact us: info@inovev.com 

  1. Inovev plans 350,000 units per year of the new Mercedes GLC SUV
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  3. Inovev plans 100,000 units per year of the new Smart SUV
  4. Inovev plans 60,000 units per year of the new Range Sport
 
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