Price War

BYD exec says China's EV price war unsustainable

BYD's Stella Li said China's EV price war is unsustainable and explains why the company cut prices.

Tesla resumes referral rewards in China as sales face pressure

Tesla is offering Chinese customers who purchase its cars through referral program a discount of RMB 8,000 ($1,110) on optional body paint in June.

CAAM urges end to price war in China's auto industry

The disorderly price war has intensified vicious competition and will further squeeze corporate profit margins, CAAM warned.

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.

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.

IM Motors, Leapmotor follow BYD in offering fresh discounts

IM Motors and Leapmotor have started to offer new discounts on some of their models.

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.
Related:  BYD offers wide-ranging price discounts

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.

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.