Xpeng extends promotion for G9 with bigger incentives
Xpeng is offering a RMB 20,000 cash discount on the G9 in April, doubling the RMB 10,000 it offered in February and March.
Nio launches up to RMB 1 billion trade-in subsidy to lure petrol car customers
Petrol car owners who buy a new Nio vehicle through trade-in will receive up to RMB 15,000 in option funds, RMB 6,498 worth of Nio Phone discount coupons.
Tesla raises Model Y full lineup price by $690 in China
Tesla has raised the prices of all three variants of the Model Y by RMB 5,000 in China, in contrast to the price cuts made by other EV makers in the ongoing price war.
Xiaomi SU7 delivery wait times extended to up to almost 7 months
Customers ordering the Xiaomi SU7 will now have to wait about 3-7 months, with deliveries of the SU7 Max extended to mid-October.
Changan's EV arm Avatr launches updated Avatr 12 electric sedan with 11.6% lower starting price
The Avatr 12 uses Huawei's Huawei Inside solution, featuring some components and assisted driving feature from the tech giant.
Zeekr says updated Zeekr 001 gets over 30,000 firm orders in 1st month on market
Zeekr officially launched the updated Zeekr 001 on February 27, leaving the starting price unchanged from its predecessor's discounted price, with a price cut of RMB 20,000 for the two higher-trim variants.
Xiaomi says SU7 gets 88,898 firm orders in initial 24 hours after launch
Firm orders for the Xiaomi SU7 include refundable orders within 7 days as well as non-refundable orders with locked-in configurations, unlike what other EV makers are doing.
BYD's EV plant in Thailand to start production in Q3 2024
BYD announced the plan at the ongoing Bangkok auto show, where its full range of brands including BYD, Yangwang, Fang Cheng Bao and Denza are participating.
CATL plans to build plant with GM in North America through tech licensing, report says
CATL is in talks with General Motors on a License Royalty Service model partnership, with plans to jointly build an LFP battery plant in North America, according to a local media report.
Xiaomi may release SUV model by year-end, report says
For an EV maker, pure electric sedans usually struggle to get high sales, with SUVs being the main support for sales and profits, an industry watcher said.