Nio to begin deliveries of 2024 models in Mar, offers discounts on current ones
Nio's move comes at a time of increasingly fierce price competition in China's EV market, which is also making model refresh cycles shorter.
Li Auto offering significant discounts across entire lineup, report says
Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said.
Tesla cuts Model 3 and Model Y prices in China amid fierce competition
Tesla today lowered the prices of all two versions of the Model 3 by nearly 6 percent, and two of the three versions of the Model Y by nearly…
Chery cuts prices of NEV models to embrace potentially more brutal 2024
Chery New Energy has slashed the official guide prices of its cheaper Little Ant and QQ Ice Cream models by 7.7 percent to 16.7 percent.
Baidu-backed Jiyue cuts price of 1st model by $4,200 one month after launch
Jiyue has slashed the starting prices of both versions of the Jiyue 01 by RMB 30,000 and is compensating customers who have already taken…
Polestar cuts Polestar 4 starting price in China by 14% before deliveries begin
Polestar has taken a page out of Nio's book by stripping out some of the perks, thus lowering the Polestar 4's starting price by 14 percent to…
Leapmotor cuts prices of 2 flagship models by up to $2,800
Leapmotor has cut the prices of the BEV versions of its C01 sedan and C11 SUV by up to RMB 20,000 in response to increasing competition in…
SAIC’s MG brand cuts MG Mulan EV price by 17% in China
The MG Mulan is a compact EV launched by the MG brand in September 2022 and a model for the global market.
Cadillac takes page from Nio, dramatically reduces Lyriq prices in China by scaling back benefits
Cadillac has turned a package of benefits into an option that reduces the Lyriq's prices in China by RMB 60,000 and also offers a limited-time…
Nio’s William Li responds to price cuts across entire lineup
Nio has been discussing this adjustment internally for a long time, and as of 3 am today the Nio team was still working on it, William Li said.