Chery's (HKEX: 9973) new energy vehicle (NEV) brand iCar has opened pre-sales for the V25, expanding its lineup with an extended-range SUV smaller than the flagship V27.
The mid-size SUV began pre-sales in China on Monday, with prices starting at 139,800 yuan ($20,800). It is available in 4 variants with rear- or all-wheel drive.
The rear-wheel-drive Pro and Max variants have pre-sale prices of 139,800 yuan and 149,800 yuan, respectively, while the all-wheel-drive Max+ and Ultra are priced at 163,800 yuan and 175,800 yuan.
Pre-sale offers include a 1,000 yuan reservation payment that counts toward 3,000 yuan of the final purchase balance, along with a limited-time 2,000 yuan credit toward selected customization packages.
The V25 made its debut on August 14, when iCar said it expected an official launch in the fourth quarter of this year. The prices announced now are pre-sale prices.
The new model is iCar's second extended-range vehicle after the V27, which launched in China in March and is the brand's largest model.
The V25 uses a 1.5-liter turbocharged engine as a range extender. The rear-wheel-drive version has a 185 kW (248 hp) electric motor, while the all-wheel-drive version has 2 motors delivering a combined 335 kW.
The rear-wheel-drive version accelerates from 0 to 100 km/h in 8.5 seconds, compared with 5.8 seconds for the all-wheel-drive version. Their CLTC electric ranges are 210 km and 200 km, respectively.
Combined CLTC ranges are 1,240 km for the rear-wheel-drive version and 1,210 km for the all-wheel-drive version.
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