Price Cut

  • 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.

  • 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.

  • 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.

  • Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases

    Shenlan is currently selling only one model, the SL03, a Tesla Model 3 competitor, with 4,103 units delivered in February.

  • China auto price war: BMW dealers offer discounts of up to $14,360 for i3

    A rare price stampede is taking place in the Chinese auto market.