Price War
Huawei-backed Aito offers 8% discount on M7
The updated Aito M7, which went on sale in September 2023, gained more than 130,000 firm orders in its first four months, according to figures previously announced by Huawei.
Nio launches up to RMB 1 billion trade-in subsidy to lure petrol car customers
Petrol car owners who buy a new Nio vehicle through trade-in will receive up to RMB 15,000 in option funds, RMB 6,498 worth of Nio Phone discount coupons.
Tesla raises Model Y full lineup price by $690 in China
Tesla has raised the prices of all three variants of the Model Y by RMB 5,000 in China, in contrast to the price cuts made by other EV makers in the ongoing price war.
BYD launches updated Seal EV with 5% lower starting price
The BYD Seal lineup includes the all-electric Seal EV and the hybrid Seal DM-i, the latter of which has received an update on February 29.
Tesla to raise Model Y price in China on Apr 1, report says
With the purchase discounts offered by Tesla expiring at the end of the month, the upcoming price hike means that the actual cost of purchasing a Model Y will go up by as much as RMB 23,000, according to local media.
Nio revamps BaaS, a key car-buying option for reducing initial costs, amid fierce price war
Nio has dramatically restructured its BaaS battery rental option in an attempt to make its cars more attractive in the face of fierce price competition, though emphasizing that it's not a response to the ongoing price war.
Changan's EV unit Avatr offers new variant of Avatr 11 SUV at $6,970 price reduction
Avatr is offering a new version of its Avatr 11 SUV available for this month only at a starting price of RMB 250,000, down from RMB 300,000 for the model's previous entry-level version.
Xiaomi says it's fully prepared for EV price war
When Xiaomi announced its entry into the car-making game in 2021, the only quality electric sedan available to Chinese consumers was basically the Tesla Model 3. But now, there's a long list of them.
FAW-VW offers up to $7,520 discount on ID.4 Crozz
This is to celebrate the third anniversary of the launch of the ID.4 Crozz, which has a discounted starting price as low as RMB 139,800, FAW-Volkswagen said.
Baidu-backed Jiyue starts offering car-buying incentives as China's EV price war rages on
Jiyue is offering a 3-year interest-free loan program for the Jiyue 01, which it said will save customers up to RMB 23,659.