Remove Articles Remove Auto Industry Remove China Remove Purchase
article thumbnail

SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

billion in subsidies for car purchases. (A A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. billion in subsidies for car purchases, according to a poster on its website. percent year-on-year, with an 8 percent share in China. ($1

Price 100
article thumbnail

China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China saw BEV sales of 490,000 units in March, up 23.8 percent year-on-year.

China 101
article thumbnail

China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

article thumbnail

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

CN EV Post

(Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

Dealers 103
article thumbnail

Li Auto rolls out price protection policy amid China auto price war

CN EV Post

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

Auto 56
article thumbnail

BYD offers discounts for Song and Seal as China's auto price war intensifies

CN EV Post

Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. For more articles, please visit CnEVPost.

BYD 82
article thumbnail

China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170

CN EV Post

This article is being updated, please refresh later for more content. Tesla 's insurance registrations last week in China were higher than the previous week's 13,266, while NIO 's were lower than the previous week's 3,345. percent from the same period last month, according to figures from automotive industry consultancy ThinkerCar.

BYD 70