Price Cut

Baidu-backed Jiyue cuts price of 1st model by $4,200 one month after launch

Jiyue has slashed the starting prices of both versions of the Jiyue 01 by RMB 30,000 and is compensating customers who have already taken delivery for the difference. ...

Polestar cuts Polestar 4 starting price in China by 14% before deliveries begin

Polestar has taken a page out of Nio's book by stripping out some of the perks, thus lowering the Polestar 4's starting price by 14 percent to RMB 299,900. ...

Leapmotor cuts prices of 2 flagship models by up to $2,800

Leapmotor has cut the prices of the BEV versions of its C01 sedan and C11 SUV by up to RMB 20,000 in response to increasing competition in China's EV market. ...

SAIC's MG brand cuts MG Mulan EV price by 17% in China

The MG Mulan is a compact EV launched by the MG brand in September 2022 and a model for the global market. ...

Cadillac takes page from Nio, dramatically reduces Lyriq prices in China by scaling back benefits

Cadillac has turned a package of benefits into an option that reduces the Lyriq's prices in China by RMB 60,000 and also offers a limited-time discount of RMB 18,000 on the model. ...

NIO's William Li responds to price cuts across entire lineup

NIO has been discussing this adjustment internally for a long time, and as of 3 am today the NIO team was still working on it, William Li said. ...

BREAKING: NIO cuts starting prices by $4,200 for all models and makes battery swap benefits optional

NIO today announced that starting prices for all new models are reduced by RMB 30,000 ($4,200) starting June 12, and makes the battery swap service optional. ...

BYD starts offering discounts on 2 additional models in China

BYD started offering discounts for the Yuan Plus and Dolphin, after it was already offering discounts for the Seal and Song Plus. ...

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. ...

SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

The offer has a deadline of April 30, and SAIC-Volkswagen plans to offer up to RMB 3.7 billion in subsidies for car purchases. ...