In recent years, SAIC-GM-Wuling has developed rapidly in the field of new energy, and has performed well among a number of old car companies, from passenger cars to commercial vehicles, from mini cars to family cars, all of which have good sales performance. In the first week of 2024, SAIC-GM-Wuling New Energy sold 11,000 units, and in the second week, it sold 8,000 new energy brands, ranking second in the Chinese market.
SAIC-GM-Wuling laid out the new energy market earlier, and with the first-mover advantage and continuous investment, it has accumulated many advanced technologies, such as Wuling Lingxi hybrid, Shenlian battery, new native new energy architecture, the first electromagnetic DHT transmission system in China, and self-developed intelligent battery management BMS system, which has become a strong core technology for SGMW in the new energy market. The application of these technologies not only improves the performance of the vehicle, but also endows the vehicle with a high cost performance and meets the needs of consumers for new energy vehicles.
Driven by new technologies, SAIC-GM-Wuling's new energy passenger models have achieved remarkable results in the market. Wuling Hongguang MINIEV, Wuling Binguo, Wuling Xingguang, Wuling Xingchen and other models continue to sell well and become an ideal choice in the minds of consumers. Taking Wuling Xingguang as an example, the sales volume in the first two weeks of 2024 exceeded 3,921 units, ranking TOP2 in the 150,000 yuan plug-in hybrid car list. The sales volume of Hongguang MINIEV exceeded 7,900 units in the first week, ranking first in the A00 pure electric vehicle market for a second time.
On January 25, SAIC-GM-Wuling officially released the Wuling Red No. 1 battery specially developed for new energy commercial vehicles, providing high-efficiency battery solutions for new energy commercial vehicles with long battery life, high safety, anti-attenuation and ultra-durability. The battery adopts the Feiliu ultra-intelligent temperature control system, which is composed of three key parts: the Feiliu liquid cooling structure, the intelligent temperature control system, and the Feiliu thermal insulation mechanism, which has high energy replenishment efficiency and a low-temperature endurance achievement rate that is leading in the same class.
Wuling Red No. 1 battery is the first commercial vehicle battery in its class to adopt liquid cooling technology, MUST ultra-thin structure, thickness is only 148mm, and it is also the thinnest commercial vehicle battery in the industry, which can effectively reduce battery maintenance costs and create a large cargo box space. At the same time, the battery is also equipped with Winner ultra-durable cell technology, which integrates fast cell charging, cell anti-aging, and cell safety technology, and still maintains more than 80% of the life after more than 4,000 complete cell charging and discharging cycles, leading the industry in anti-aging performance.
In the field of commercial vehicles, Wuling has always occupied an important place, with 639681 units sold in 2023, ranking first in the market share of the micro-goods segment for 12 consecutive years; Won the sales champion in the micro-car market for 18 consecutive years; For 13 consecutive years, it has been the top seller in the MPV segment. With the blessing of Wuling Red No. 1 battery, Wuling will launch more products in the field of commercial new energy vehicles in the future to meet the diversified market demand and achieve a new scene of commercial new energy vehicles. It is reported that Wuling's new generation of new energy commercial vehicles with large space, Wuling Yangguang will be launched in the first quarter.
In the context of the transformation of the global automotive industry, SAIC-GM-Wuling is leading the trend of the new energy market with its strong technical strength and innovation capabilities. We believe that in the future, SGMW will continue to give full play to its technological advantages and bring more excellent new energy vehicle products to global consumers.