Less than two weeks after beginning deliveries of its tri-motor SSR supercar, GAC Aion’s young EV subbrand Hyper has introduced its third model – an SUV called the HT. Complete with gull-wing doors and full lounge rear seats, this new model offers some premium features at an enticing price.
Hyper is a new all-electric performance subbrand of Guangzhou Automobile Corporation (GAC) Group and currently sells five electric vehicles in its own right, including the Aion LX Plus, which offers an impressive 626 miles of range (NEDC).
Despite only being launched in September of 2022, Hyper brand has already introduced two models to date – the Hyper GT and the Hyper SSR, which began initial deliveries in China earlier this month. With two speedy sedans already hitting roads overseas, GAC Aion’s Hyper marque is now launching an SUV, and it’s pretty sharp. Have a look.
Aion Hyper’s new SUV arrives in 400V and 800V versions
The EV automaker announced the first details of its first SUV on its Weibo page, complete with a launch video and the images seen above. Pre-orders are set to begin soon, but official pricing has not been shared yet. That said, we do know that the base-level trim will start at an MSRP of RMB 220,000 ($30,070).
Interestingly enough, all four pre-sale trims of the Hyper HT will be single-motor, rear-wheel drive configurations, so it won’t be the fastest SUV on the planet, but it’s still packing some impressive tech. For example, it will feature gull-wing doors but only on the highest-end trim of the SUV, according to Aion Hyper. That top-tier trim will also be only equipped with LiDAR sensors.
The automaker shared that the entry-level option will sit atop a 400V platform, putting out 180 kW of power and a peak torque of 355 Nm, accelerating from 0 to 100 km/h (0-62 mph) in 6.8 seconds. That platform will offer 600 km (373 miles) of CLTC range and the ability to replenish 140 kilometers (87 miles) during a 10-minute charge.
The three higher trims of GAC Aion Hyper’s new SUV will feature 800V architecture, supporting 250 kW motor power and a peak torque of 430 Nm, plus the ability to accelerate from 0 to 100 km/h in 5.8 seconds. The two midlevel trims of the Hyper HT offer a CLTC range of 670 kilometers (416 miles) and can gather 415 km (258 miles) back during a 15-minute charge session.
Lastly, GAC Aion says the top-tier gull-wing Hyper SUV has a CLTC range of 770 km (479 miles) and can garner 450 km (280 miles) of range during a 10-minute charge. No word yet on the rest of the pricing or when pre-orders will officially begin in China, but Hyper appears to be off and running with its third new model introduced in just over a year.
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On today’s episode of Quick Charge, Tesla’s Cybertruck is now available in Canada – and, like in the US, there’s no waiting! Plus, we’ve got an “actually” smart summon Tesla that’s actually stuck, GM reaches a sales milestone, and we get a brand-new title sponsor!
Today’s episode is the first with our new title sponsor, BLUETTI – a leading provider of portable power stations, solar generators, and energy storage systems.
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Mobile car care company Yoshi Mobility launched a DC fast charging EV mobile unit that it likens to “a supercharger on wheels.”
November 4, 2024 update: Yoshi Mobility will only be charging EVs on the side of the road now – it announced today that it’s selling its fleet fueling operation to EZFill Holdings (Nasdaq: EZFL).
It was originally founded as a direct-to-consumer, mobile fueling business in 2016, but now it’s going to focus on mobile EV charging, virtual vehicle inspections for partners like Uber and Turo, and onsite preventative maintenance.
Bryan Frist, Yoshi Mobility’s CEO & cofounder, said, “By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner, and more sustainable.”
May 22, 2024: Yoshi Mobility saw that its existing customers needed mobile EV charging in places where infrastructure has yet to be installed, so the Nashville-based company decided to bring the mountain to Moses.
“We recognized a demand among our customers for convenient daily charging, reliable private charging networks, and proper charging infrastructure to support their fleet vehicles as they transition to electric,” said Dan Hunter, Yoshi Mobility’s chief EV officer and cofounder.
The company says its 240 kW mobile DC fast charger, which can turn “any EV” into a mobile charging unit, is the first fully electric mobile charger available. It can provide multiple charges in a single trip but doesn’t detail how they charge the DC fast charger or who manufactured it. (I asked for more details, and they replied that they won’t disclose client names or the manufacturer of its DC fast charger yet.)
Yoshi is launching its mobile charger on two GM BrightDrop Zevo 600s and will introduce additional vehicles throughout 2024. It aims for full commercialization by Q1 2025. (I wonder if the Zevo 600 ever charges itself? Yes, I asked that too.)
Yoshi Mobility says it’s already deployed its EV charging solutions to service “major OEMs, autonomous vehicle companies, and rideshare operators” across the US. Its initial customers are made up of large EV operators managing “hundreds” of light-duty vehicles requiring up to 1 megawatt of energy per day that don’t yet have grid-connected EV chargers. I’ve asked Yoshi for details of who it’s working with, and will update if they share that info.
The company says pricing is based on location and enterprise charging needs. Once under contract for service, the service will be deployed to US-based customers within 10 days.
To date, Yoshi Mobility has raised more than $60 million, with investments from GM Ventures, Bridgestone, ExxonMobil, and Y-Combinator in Silicon Valley.
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Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021.
Source: The Nasdaq
Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter.
Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:
Loss per share: 6 cents adjusted vs. a loss of 5 cents expected
Revenue: $128 million vs. $128.1 million expected
While third-quarter results showed a slight disappointment on the top and bottom lines, Marqeta’s forecast for the current period was more concerning.
The payment processing firm said revenue in the fourth quarter will increase 10% to 12% from a year earlier. Analysts were looking for growth of more than 17%, according to LSEG.
Marqeta, which primarily functions as a card-issuing platform, attributed the guidance miss to “heightened scrutiny of the banking environment and specific customer program changes.” The company has been struggling for a while, and its stock is now down more than 80% from its peak in 2021, the year it went public. The stock was down 15% for the year prior to the report.
Total processing volume of $74 billion was up more than 30% from a year earlier. Net revenue and gross profit were up 18% and 24%, respectively.
Marqeta’s digital commerce business sells payment technology designed to detect potential fraud and ensure that money is properly routed. It also issues customized physical cards that look like a credit or debit card that can be used for point-of-sale purchases.
The company has been trying to break into the buy now, pay later business with a recently launched product called Marqeta Flex. The service brings BNPL from lenders such as Affirm or Klarna to any credit card wherever Mastercard and Visa are accepted.
“It’s an orchestration layer, but it’s tied to issuing and processing and disputes and chargebacks,” CEO Simon Khalaf told CNBC at Money2020 in Las Vegas last week. “So it is not actually a Wild West in BNPL. It is actually very well established. And there is a reason why a lot of people are jumping to it.”