NLZ
Oct 18, 8:32 AM
$WRD Strong initial demand for GAC AION Ray 7
GAC AION reported 6,817 presale orders within the first 2 hours of opening Ray 7 presales Yesterday. That’s an encouraging start, particularly given the aggressive pricing:
- Entry model: ¥128,800 (
$19.2K)
- LiDAR-equipped models: ¥138,800–158,800
- LiDAR upgrade premium: just ¥10,000 on comparable trims
3 of the 5 configurations offer LiDAR and advanced driving technology derived from WeRide’s L4 platform.
My base case is around 8,000 Ray 7 sales per month once deliveries stabilize, with 50% LiDAR penetration. That would represent approximately 4,000 potentially WRD-equipped vehicles monthly, or 58,000 annualized.
For WeRide the real opportunity is bringing its ADAS technology into a competitively priced, mass-market EV. The next few months should tell us how well that translates into actual installations.
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