BYD cuts prices on some models, delivery wait times shortened
This is BYD's first price cut this year, meaning that keeping market share stable in 2023 may be more important than maintaining profit margins.
Nissan cuts prices of its flagship EV offering in China by about $8,740 after similar move by Toyota
The Nissan Ariva was officially launched in China on September 27, 2022, and Nissan said at the time that it was the first global model under…
Toyota cuts bZ4X electric SUV price in China by $4,420
This comes just four months after the bZ4X officially went on sale in China on October 10, 2022.
Nio says incentives limited to few stock cars in response to reports of big discounts
Nio's 2022 ES8, ES6 and EC6 models are getting new facelifts and there are still a few show cars and stock vehicles available for sale, it said.
Tesla to boost production at Shanghai plant as price cut spurs demand, report says
Tesla plans to produce an average of nearly 20,000 vehicles a week at its Shanghai plant in February and March, with monthly production…
Xpeng cuts vehicle prices as production capacity rises, report says
As Xpeng's production capacity has increased significantly, orders have not grown as quickly in tandem, putting pressure on sales for the…
China-made Model 3 price cut will accelerate its disruption of fuel cars, says expert
This means the acceleration of the replacement of new energy star models to the broader fuel car market, accelerating the world's transition…
Tesla cuts Model 3 standard range price in China by about $2,323
Effective immediately, the starting price of the Model 3 Standard Range version in China after subsidies has been reduced by 15,000 yuan…
Tesla reduces Model S Plaid price in China by $27k
Tesla has set the Model S Plaid at a starting price of RMB 999,990, ($154,600), down RMB 174,910 ($27,044) from the previous price, Tesla…
Tesla’s price-cutting strategy doesn’t fit Nio, says William Li
Every company has a different position and path, and what Tesla is doing may not be right for Nio, according to William Li, founder, chairman…