Industry dynamics

Geely-backed affordable NEV brand Maple starts presale of first model Maple 30x

Publishtime:2019/08/16 Views:9

Shanghai (ZXZC)- Maple, a NEV brand backed by Geely Technology Group, was formally launched on April 10 with the presale of its first model, the Maple 30x, kicking off at the same time.

Geely-backed affordable NEV brand Maple starts presale of first model Maple 30x

Positioned as an “all-electric SUV for urban utility”, the Maple 30x is offered in four variants with five optional colors. Post-subsidy price starts at RMB68,800.

The new vehicle is powered by a liquid-cooled electric motor that is good for 70kW and 180 N·m of peak torque, and features a NEDC-rated range of over 306km.

Geely-backed affordable NEV brand Maple starts presale of first model Maple 30x

The mass-produced vehicles of the Maple 30x rolled off the production line in January and are being distributed to dealerships, according to a senior executive of the brand's sales company.

According to the product launching plan revealed in the meantime, Maple is ready to release a pure electric MPV model in the third quarter of 2020, the year defined as Maple's Era 1.0.

In Era 2.0 (2021), a mid-sized SUV model, a mini hatchback and an ultra mini hatchback are set to be launched. The Era 3.0 (from 2022 to 2025) expects to see a successive roll-out of more products, covering full-sized, compact and mini-sized SUVs, and mid-sized, compact and mini-sized cars, as well as a pickup model and an urban roadster.

Fengsheng Automotive Technology Group Co., Ltd., the company behind the Maple, is jointly held by Geely Technology Group (78%) and Zhejiang Kandi Vehicle Co., Ltd. (22%). Its business scope extends to cover the R&D of electric vehicles and auto parts, car leasing service, the sale of auto parts, and relevant after-sale services (photo source: Maple's WeChat account).