Geely Auto knocked 4 per cent off its price catalogue as it began shipping its latest electric sport-utility vehicle (SUV) model to customers on Friday, throwing down yet another gauntlet against Tesla Model Y for the crown in China’s electric vehicle (EV) market.
“After consulting some customers, we decided to price the model at an even more attractive price”, Zeekr’s CEO An Conghui said. “The 7X is the best fully-electric SUV at the best price”.
The additional discount widened Zeekr’s price advantage in the brutal discount war that is taking place in the world’s biggest market for electric vehicles. The 7X, which was already 4 per cent cheaper than Model Y before the latest reduction, received bookings for more than 58,000 vehicles since the Hangzhou-based carmaker began taking orders three weeks ago.
Zeekr offers the five-seat 7X in two options: a standard edition that can travel 605km (376 miles) on a single charge, or an extended version that can go up to 780km on a charge.
The short-range edition, powered by Zeekr’s own lithium-ion-phosphate (LFP) battery, features 800-volt ultra-fast charging technology, which can offer nearly 400km of driving range after just 10.5 minutes of charging. The batteries boast the world’s fastest charging capability, Zeekr said.