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XPeng most vulnerable to Tesla price cut among Chinese EV trio

CN EV Post

The post XPeng most vulnerable to Tesla price cut among Chinese EV trio appeared first on CnEVPost. For more articles, please visit CnEVPost. By the close of trading, XPeng was down 6.82 percent in Hong Kong, Li Auto was down 6.55 percent and NIO was down 4.03

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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. What do you think of the article?

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BYD unfazed by Tesla price cut, reports massive profit increase in Q4

Teslarati

1 & 2 – updated to reflect mathematical accuracy BYD has apparently been unfazed by Tesla’s dramatic price cut at the beginning of the year, as it has reported an 11-fold profit increase in Q4 year over year. Tesla is the clear EV leader in the western world, but that isn’t the case in the east.

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BYD issues substantial EV price cut, hoping to erode Tesla sales success

Teslarati

BYD has announced a significant price cut on its electric Seal sedan as the Chinese brand looks to decrease Tesla’s EV dominance in the region. However, as Tesla has rapidly lowered its prices for its top models, particularly in China, BYD has been forced to respond with its own price cuts.

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BYD issues discount in China as the EV price battle continues

Teslarati

While the effects of Tesla’s price cuts earlier this year have certainly been felt in western markets, the impact has been even more profound in China, where Tesla is locked in a head-to-head battle for EV sales dominance with BYD. During the same timeframe, 21,056 Tesla Model 3s were sold compared to 14,372 Seal sedans.

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Tesla demand in China booms following price cuts

Teslarati

A survey conducted by Dan Ives has found a spike in interest in Tesla vehicles in China following the recent price cuts. The Tesla price cuts were not taken well in China, with hundreds of previous buyers storming Tesla showrooms , demanding the automaker make amends for the abrupt price change.

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BMW and VW join five automakers in price war against Tesla

Teslarati

BMW and Volkswagen (VW) have announced massive price cuts in China, following the likes of 5 other automakers who are battling an initial price cut from Tesla late last year. Tesla’s massive price cut in China has caused an avalanche of similar price adjustments from competing manufacturers attempting to keep up.

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