Price Cut
Neta cuts prices by as much as $3,060 as price war intensifies
Neta cut the prices of almost its entire model range, with the compact SUV Neta X seeing the highest reduction.
SAIC's EV unit IM Motors offers $1,670 discount on LS6 SUV
The LS6 went on sale in October 2023 and is a Tesla Model Y competitor.
Nio reportedly offering up to $5,560 off current models
There's no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March.
Li Auto seeing immediate effects of price discounts
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 to begin deliveries of 2024 models in Mar, offers discounts on current ones
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.
Li Auto offering significant discounts across entire lineup, report says
Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said.
Tesla cuts Model 3 and Model Y prices in China amid fierce competition
Tesla today lowered the prices of all two versions of the Model 3 by nearly 6 percent, and two of the three versions of the Model Y by nearly 3 percent.
Top Stories
Chery cuts prices of NEV models to embrace potentially more brutal 2024
Chery New Energy has slashed the official guide prices of its cheaper Little Ant and QQ Ice Cream models by 7.7 percent to 16.7 percent.
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.
