article thumbnail

Tesla's cost-based pricing is reason behind price cut in China, exec says

CN EV Post

A Tesla executive says the price cut is due to the company's good cost control and a government call, but apparently, the more important reason is weak demand. The post Tesla's cost-based pricing is reason behind price cut in China, exec says appeared first on CnEVPost. For more articles, please visit CnEVPost.

Price 132
article thumbnail

Price wars fail to boost China's auto consumption

CN EV Post

Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show The post Price wars fail to boost China's auto consumption appeared first on CnEVPost.

Auto 134
article thumbnail

NIO ET7 configurator goes live in Norway, priced lower than in China

CN EV Post

It is worth noting that NIO has not yet officially announced the pricing of the ET7 in Europe, and it is unclear whether the prices currently shown are the final version. The post NIO ET7 configurator goes live in Norway, priced lower than in China appeared first on CnEVPost. For more articles, please visit CnEVPost.

Norway 145
article thumbnail

Polestar hikes Polestar 2 prices in China by up to $4,330

CN EV Post

Polestar has raised the prices of all three versions of the Polestar 2 in China, blaming the continued sharp rise in the prices of raw materials. The post Polestar hikes Polestar 2 prices in China by up to $4,330 appeared first on CnEVPost. For more articles, please visit CnEVPost.

Price 115
article thumbnail

Ford cuts Mustang Mach-E prices in China after Tesla move

CN EV Post

Mustang Mach-E prices in China have been cut by as much as RMB 28,000 in response to price cuts by Tesla. The post Ford cuts Mustang Mach-E prices in China after Tesla move appeared first on CnEVPost. For more articles, please visit CnEVPost.

China 118
article thumbnail

BREAKING: Tesla sharply cuts prices of entire Model 3 and Model Y lineup in China

CN EV Post

Tesla has cut the prices of its entire Model 3 and Model Y lineup by as much as 48,000 yuan in China to boost demand in the world's largest EV market. The post BREAKING: Tesla sharply cuts prices of entire Model 3 and Model Y lineup in China appeared first on CnEVPost. For more articles, please visit CnEVPost.

China 133
article thumbnail

Nissan and Toyota slash EV prices, continuing price battle in China

Teslarati

Nissan has cut the price of its recently launched Nissan Ariya in China, following a similar move from Toyota earlier this month. Tesla’s price cuts at the beginning of this year have had a massive effect on competing automakers, and nowhere has that been seen better than in China. What do you think of the article?

Nissan 98