Price Change

The latest discount lowers the starting price of the Xpeng G6 to RMB 189,900.

The offer lowers the G9's starting price to RMB 253,900 in February.

The LS6 went on sale in October 2023 and is a Tesla Model Y competitor.

Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China's EV space.

There's no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March.

Some Li Auto stores saw a significant uptick in sales just this past weekend, and some trim levels are no longer available for delivery before the Chinese New Year, according to local media.

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.

Zeekr extends price discounts introduced in August 2023 for the Zeekr 001 and offers new benefits including a RMB 10,000 final payment reduction.

Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said.

Customers who buy the Frigate 07 between January 1 and January 31 will get a discount of RMB 18,000, which is up to RMB 7,000 for the Seal series.