Price Change
Chery's NEV unit cuts vehicle prices by up to 10%
In January-February, Chery's NEV sales were 13,293 units, down 57.6 percent from 31,367 units in the same period last year.
VW joins China auto price war, offers up to $5,820 discount on ID. series EVs
FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 percent from 10,442 units in the same period last year.
BYD offers discounts for Song and Seal as China's auto price war intensifies
Consumers who order BYD's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.
Ford offers up to $5,740 discount on Mustang Mach-E in China
Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.
BYD's Denza brand hikes D9 EV price by $865
Deliveries of the Denza D9 EV began last week, with an executive saying at the time that the Denza received more than 10,000 new orders in February.
BYD says price cuts are promotions by some dealers, not official acts
The price cuts are promotions by some dealers in some areas, and BYD is not considering cutting prices at the moment, a company source said.
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 its Nissan Next strategy.
Tesla raises prices of two higher-trim Model Y variants both by $290 in China
The small price increases for the Tesla Model Y mean that the model is unlikely to revert to price cuts in the near future, and is expected to dampen the wait-and-see attitude of some potential consumers.
Tesla hikes price of basic Model Y by $295 in China
The wait time for the model remains the same as before at 2-5 weeks, and pricing and specifications for the rest of the Model Y variants and Model 3 in China remain unchanged.