IM Motors and Leapmotor have started to offer new discounts on some of their models.
On Friday, BYD began offering wide-ranging discounts on affordable models.
Category: CnEVPost
BYD shares fall after wide-ranging price discounts
BYD stock was down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.
BYD has started offering wide-ranging discounts, raising concerns about stiffer competition.
Nio launches updated ET5, ET5T with unchanged pricing
The updated ET5 and ET5T both start at RMB 298,000 ($41,500) including the battery pack.
The ET5 contributed 11.94 percent of Nio Inc’s full-year deliveries in 2024, and the ET5T contributed 22.92 percent.
BYD offers wide-ranging price discounts, raising price war risk in China
BYD has made wide-ranging price cuts to its Dynasty and Ocean series models, offering discounts of 10 percent to 30 percent.
Analysts believe this could lead to further price competition in China and spark more rivals to follow suit.
Regulatory filing: Geely Galaxy to launch new hybrid sedan A7
The Geely Galaxy A7 is 4,918 mm long and has an engine with a displacement of 1,499 ml.
Spy shots last week hinted at a range of up to 2,100 kilometers for the model.
Regulatory filing: Core specs of Xpeng’s new P7 revealed
The new P7 is 5,017 mm long and comes in single- and dual-motor options.
The price of the new P7 will be around 300,000 yuan ($41,760).
Regulatory filing: BYD Denza to launch new model N8L SUV
The N8L looks like a slightly scaled-down version of Denza’s N9 flagship SUV launched in March.
The N8L is a six-seat hybrid SUV that is 5,200 mm long.
Changan unit Deepal launches S09 large SUV at competitive prices
The Deepal S09 starts at a discounted price of RMB 204,900, half the price of the similarly sized Li L9 from Li Auto.
The model is equipped with Huawei’s driver-assisted driving systems.
Deutsche Bank expects Xiaomi to deliver 100,000 YU7 SUVs in 2025
Deutsche Bank expects Xiaomi to deliver 100,000 YU7 SUVs and 280,000 SU7 sedans in 2025.
The official launch of the YU7 will be in July.
Deutsche Bank expects Xiaomi to deliver 100,000 YU7 SUVs in 2025
Deutsche Bank expects Xiaomi to deliver 100,000 YU7 SUVs and 280,000 SU7 sedans in 2025.
The official launch of the YU7 will be in July.
CPCA expects China May NEV retail at 980,000, up 23% year-on-year
In May, China’s passenger NEV retail sales are expected to be 980,000 units, with penetration at around 52.9 percent.
China’s overall passenger vehicle retail sales in May were around 1.85 million units, up 8.5 percent year-on-year.
Geely Galaxy debuts M9 hybrid SUV as brand exceeds 1 million sales
The M9, a global model from Geely Galaxy, made its world debut in Milan, Italy.
The hybrid SUV has a range of more than 1,500 kilometers.
Xiaomi YU7 makes official debut as Tesla Model Y set to face real threat
The Xiaomi YU7 will be launched in July, and surpasses the Tesla Model Y in multiple fronts.
Xiaomi is already one of the top 10 players in the global BEV market with the SU7 sedan.
Xiaomi YU7 makes official debut as Tesla Model Y set to face real threat
The Xiaomi YU7 will be launched in July, and surpasses the Tesla Model Y in multiple fronts.
Xiaomi is already one of the top 10 players in the global BEV market with the SU7 sedan.
BYD surpasses Tesla in BEV registrations in Europe for 1st time
BYD registered 7,231 BEVs in Europe in April, ahead of Tesla’s 7,165.
BYD’s BEV registrations were up 169 percent year-over-year, while Tesla saw a 49 percent drop.
Defunct Chinese EV brand HiPhi reportedly resurrects after change of boss
An investor from Lebanon has invested in HiPhi and the countdown is on for the brand’s work resumption, according to local media.
HiPhi’s factory will produce the original models, and its annual capacity will remain at 150,000 units.
Nio’s updated ET5, ET5 Touring reach showrooms, launch to be on May 25
The updated ET5 and ET5 Touring became available at Nio showrooms today, with three days to go for the launch.
They are expected to receive feature upgrades with no price changes.
Xpeng Aeroht inks strategic tie-up with engine maker Dongan
Xpeng Aeroht and Dongan signed a strategic cooperation agreement to create aviation-specific hybrid systems.
Dongan is the range-extender supplier for Xpeng Aeroht’s modular flying car’s parent vehicle.
BYD signs new deal to supply energy storage systems for project in Chile
BYD has signed an agreement with Spain’s Grenergy to supply an additional 3.5 GWh of energy storage systems.
The supply is for Oasis Atacama in Chile, one of the largest electrochemical energy storage projects in the world.
Xiaomi founder says official launch of YU7 SUV expected in Jul
The official pricing of the YU7 won’t be announced at tonight’s pre-launch event and its pre-orders won’t be open.
The YU7 will be unveiled at Xiaomi’s product launch event, which starts at 7:00 pm Beijing time today.
