Price Cut
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Tesla cuts price of 830-km Model 3 in China by $1,400, less than 1 month after launch
Tesla has reduced the price of its 830-km Model 3 in China by RMB 10,000 yuan ($1,400), less than a month after its August 12 launch.
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BYD cuts Qin L EV price, adds new variant to boost electric sedan's appeal
BYD has reduced the price of its Qin L EV by RMB 10,000 ($1,400) and introduced a new variant equipped with the DiSus-C body control system.
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Nio's full lineup now comes standard with 100-kWh long-range pack, leading to further price cuts
This is expected to enhance the appeal of Nio models and reduce complaints about their relatively low range.
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Nio cuts prices of all 100-kWh long-range models by $2,780
Nio has reduced the cost of its optional 100-kWh pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models.
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Chery offers discounts on multiple models across 4 brands as price war rages
Chery is offering discounts on a number of models, with a combined discount of up to 47 percent after subsidies.
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Geely Galaxy rolls out price discounts as China EV price war heats up
Geely Galaxy has started offering limited-time discounts ranging from 8 percent to 18 percent on seven models.
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IM Motors, Leapmotor follow BYD in offering fresh discounts
IM Motors and Leapmotor have started to offer new discounts on some of their models.
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BYD shares fall after wide-ranging price discounts
BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.
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BYD offers wide-ranging price discounts, raising price war risk in China
Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.
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BYD offers discounts on 3 models after launching smart driving updates
BYD is offering discounts on three models, in a move that appears to be aimed at clearing inventory of older models after launching Smart Driving Edition updates.
