Aistaland, a brand jointly developed by GAC Group (HKEX: 2238) and Huawei, launched its second model, the GX7, on September 23, expanding its lineup in a bid to reverse a slow sales start.
The 5-seat extended-range SUV (sport utility vehicle) comes in 3 variants, with limited-time prices ranging from 229,900 yuan ($34,060) to 291,900 yuan. Official guide prices range from 239,900 yuan to 301,900 yuan.
The promotional prices include a 10,000 yuan discount on the final payment and are below the pre-sales range of 249,900 yuan to 311,900 yuan.
An additional 8,000 yuan trade-in subsidy brings prices down to between 221,900 yuan and 283,900 yuan during the promotional period.
The rear-wheel-drive Ultra version starts at 229,900 yuan under the limited-time offer, while the dual-motor all-wheel-drive version costs 249,900 yuan and the tri-motor all-wheel-drive version is priced at 291,900 yuan.
The Aistaland GX7 measures 5,099 mm in length, 2,006 mm in width and 1,750 mm in height, with a wheelbase of 3,070 mm.
Its main rivals include the Aito M7, Li Auto's (NASDAQ: LI) Li L6 and Xiaomi's (HKEX: 1810) YU7.
All variants feature a 1.5-liter turbocharged range extender. The rear-wheel-drive version has a 200 kW (268 hp) motor and accelerates from 0 to 100 km/h in 7.6 seconds. The dual-motor version delivers 340 kW and completes the sprint in 4.9 seconds, while the tri-motor version produces 550 kW and takes 3.9 seconds.
Batteries supplied by CATL (HKEX: 3750) include a 52 kWh lithium iron phosphate pack and a 67 kWh ternary lithium pack.
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