Price Cut
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.
Lynk & Co offers limited-time discounts on 2 models
Lynk & Co is offering limited-time discounts of up to RMB 17,000 on two hybrid models.
Arcfox cuts prices by up to 23% to boost sales
Arcfox has drastically reduced the official guide prices of 2 models and offered a limited time discount for another.
IM Motors offers limited-time $4,130 discount on L6 electric sedan
The discount, available this month, reduces the starting price of the IM L6 by 13.64 percent to RMB 189,900.
China auto market sees 227 models with price cuts in 2024
China's auto market saw 227 models with price cuts in 2024, more than 148 in 2023 and significantly higher than 95 in 2022, according to CPCA secretary-general.
BYD offers 11.5% limited-time discount on Sealion 05 DM-i in China
The Sealion 05 DM-i has a discounted starting price of RMB 99,800 ($13,670) as BYD looks to capitalize on the peak sales season ahead of the upcoming Chinese New Year holiday.
Mini cuts prices of its EVs by up to 29% in China to boost sales
BMW sub-brand Mini is offering limited-time discounts of up to 29 percent on two EV models in China, just months after launching them.
China's auto market sees 195 models cut prices in Jan-Sept, surpassing all of 2023
In the January-September period, China saw 195 models with price cuts, surpassing the 150 models in the whole of 2023, and significantly higher than the 95 models in 2022.
BYD Fang Cheng Bao cuts Bao 5 price by up to 17%
The Bao 5 was launched on November 9, 2023, and monthly deliveries have been below 3,000 units for the past three months.
Li Auto cuts prices of all models except Li L6
Most of the price cuts for Li Auto's L-series models are RMB 20,000, and the Li Mega saw the biggest drop at RMB 30,000.