Teslarati

MAY 10, 2023

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 Price Sale Tesla 82

Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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GM Tax Credit Price Auto 52

CN EV Post

DECEMBER 20, 2022

IM Motors LS7, a mid-to-large-size SUV with a pre-sale price range of RMB 350,000 ($50,260) to 500,000, will officially go on sale in February. The post IM Motors unveils 2nd model LS7 and begins pre-sales with starting price of $50,260 appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Motor Motors Motoring Price 82

CN EV Post

JULY 25, 2022

The post Mercedes-Benz EQE starts pre-sales in China with slightly higher prices than NIO ET7 appeared first on CnEVPost. For more articles, please visit CnEVPost. The Mercedes-Benz EQE will be another option in China's luxury electric sedan market besides the NIO ET7 and IM Motors L7.

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Mercedes China Price Sale 108

CN EV Post

MARCH 22, 2023

Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said. Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies.

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Auto Industry Industrial Industry Price 101

CN EV Post

APRIL 6, 2023

Many automakers in China launched rare price wars in March to try to boost sales. China's switch to the 6b emissions standard was not the main reason for the wave of price cuts, the CADA said, adding that most dealers said their inventories of 6a-based vehicles are not high and could be cleared by the end of June. Of those, 20.5

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Auto China Price Dealers 137

CN EV Post

JULY 27, 2022

As XPeng's production capacity has increased significantly, orders have not grown as quickly in tandem, putting pressure on sales for the company, according to local media. The post XPeng cuts vehicle prices as production capacity rises, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Price Production Vehicles Sale 137

CN EV Post

JANUARY 4, 2023

Neta's sales of 152,073 units in 2022 are the highest of China's major new car makers, but its flagship model starts at half the average sales price of NIO models. The post Neta raises vehicle prices by as much as $870 as subsidies exit appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Price Vehicles China Sale 97

CN EV Post

MARCH 1, 2023

Song family models priced around RMB 150,000 contributed 27 percent of BYD's total passenger car sales in February. The post BYD Feb sales breakdown: Song 52,400 units, Yuan 33,612 units appeared first on CnEVPost. For more articles, please visit CnEVPost.

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BYD Sale Price Cars 102

Green Car Congress

DECEMBER 9, 2020

In a recent article , I showed that, adjusted for population and inflation, e-commerce retail sales during the second quarter of 2020 increased by 43.3% compared with second-quarter sales of 2019. In comparison, traditional retail sales decreased by 10.1%. Census Bureau ), and Consumer Price Index (from the U.S.

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Sale 2020 Michigan 2019 170

Teslarati

MARCH 28, 2023

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. BYD auto sales were the most significant success of the Chinese conglomerate. What do you think of the article?

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BYD Price Tesla Chinese 133

CN EV Post

MARCH 26, 2023

In January-February, Chery's NEV sales were 13,293 units, down 57.6 Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. percent, price cut. For more articles, please visit CnEVPost.

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Chery Price Vehicles Auto Industry 117

CN EV Post

MARCH 21, 2023

| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese auto industry has been weak overall so far this year. "We Retail sales of NEVs in China in the first two months were 770,000 units, up 23.31

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Sale China Auto Industry Re-Charge 143

Teslarati

APRIL 12, 2023

Analysts’ concerns culminated in the Experian report’s findings, showing that Tesla’s marketshare had dropped drastically to 58%, despite the incredibly aggressive price cuts it has instituted since the beginning of the year. What do you think of the article? However, even this strategy has its drawbacks.

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Sale Tesla Price Porsche 135

Teslarati

SEPTEMBER 30, 2022

TrueCar has released their estimates for September, and they anticipate that Tesla sales will be 63.4% TrueCar estimates auto sales each month , and this month, they estimate that Tesla will grow sales by 63% compared to the same time last year. According to TrueCar’s estimates, General Motors grew sales by 74.2%

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Sale Tesla General Motors Supplies 143

Green Car Congress

AUGUST 24, 2020

In a recent article , I have shown that, in the United States, despite a large increase in e-commerce retail sales, traditional retail sales (adjusted for population and inflation) have stayed virtually unchanged from 2015 through 2019. Census Bureau ), and Consumer Price Index (from the U.S. E-commerce sales.

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Sale 2020 2019 Michigan 199

The Truth About Cars

JANUARY 11, 2024

Notably, Tesla's aggressive pricing strategies played a crucial role in maintaining its leading position. The company's strategic price reductions made its most popular models, the Model Y SUV and Model 3 sedan, more accessible to a broader range of consumers. The Bigger Picture of EV Sales in the U.S.

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Sale Tesla Price Market 87

CN EV Post

AUGUST 19, 2022

In early August, some NEV prices rose again, but consumer enthusiasm was not significantly affected, the CPCA said. The post CPCA expects China to see 520,000 retail sales of passenger NEVs in Aug, up 7% from July appeared first on CnEVPost. For more articles, please visit CnEVPost.

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China Sale Price Industrial 131

CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The Volkswagen Phideon, with an official guide price of RMB 343,000 to RMB 449,000, received an RMB 50,000 discount, while most other models received discounts of RMB 25,000 to RMB 30,000. 4 X and ID.6

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Price China Auto Auto Industry 117

Teslarati

FEBRUARY 6, 2023

Tesla sales in Germany during January increased by over 900 percent compared to January 2022. Tesla has consistently seen sales grow in Germany since it arrived in the market, and certainly at a respectable pace, but the first month of this year has proved the brand still has a lot of growing room. What do you think of the article?

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Germany Sale Tesla Land Rover 145

CN EV Post

MARCH 9, 2023

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. Song family models sold 52,400 units in February , BYD's highest sales in the month, contributing 27 percent of all its passenger car sales.

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BYD Price China Auto 100

Baua Electric

APRIL 24, 2024

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It also posted sales of USD3.70 It now expects to report organic revenue growth for parts and services between 2.5%

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Auto Parts Bosnia Sale 52

Teslarati

MARCH 9, 2023

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. What do you think of the article? Do you have any comments, questions, or concerns?

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BYD China Price Chinese 110

The Truth About Cars

APRIL 24, 2024

Influence of Fuel Prices on EV Demand A distinct spike in searches for electric vehicles was noted between February and March 2022. This period coincides with increases in gasoline prices, suggesting a possible link between rising fuel costs and heightened interest in electric vehicles.

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Electric Cars Maryland Chevrolet Massachusetts 97

CN EV Post

MARCH 14, 2023

EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies. Image credit: Neta) As the auto price war in China continues, some electric vehicle (EV) makers are beginning to make it clear that they will not cut prices in an attempt to dispel the wait-and-see sentiment of potential consumers.

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Price Chinese Purchase Auto 85

Teslarati

MARCH 14, 2023

The German KBA released its EV sales data for February, showing that Tesla sold nearly double the EVs of any other brand. Selling a total of 11,952 vehicles during February, Tesla was the clear leader in terms of EV sales in Germany. Most recently, VW announced a price cut on its next-generation VW ID.3

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Germany Sale Tesla Mercedes 130

Teslarati

FEBRUARY 28, 2023

The Audi Chief of Europe has stated the brand will not follow Tesla in introducing a price cut on its electric vehicles. And while Audi’s Chief of Europe has stated that the company will not follow its new rival in introducing an EV price cut, some worry that it is losing its competitive edge.

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Audi Price Market Europe 106

CN EV Post

MARCH 29, 2023

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. This was seen as the beginning of the massive outbreak of the price war. For more articles, please visit CnEVPost.

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Standards China Emissions Sale 125

Teslarati

APRIL 29, 2023

4 The volume of Tesla inventory vehicles in Europe has spiked to its highest point this year, indicating the potential for another price cut. Despite this success, Tesla saw a slight but noticeable decline in sales in the European market during the year’s first quarter. What do you think of the article?

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Europe Price Tesla Sale 100

Teslarati

APRIL 26, 2023

Used Tesla Model 3s and Model Ys aren’t depreciating nearly as fast as their luxury vehicle counterparts, despite five price cuts in the year’s first quarter. One concern many Tesla owners have shared online following the series of price cuts implemented by Tesla is that their vehicles would, in turn, dramatically depreciate.

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Price Industrial Industry Tesla 111

Teslarati

MARCH 7, 2023

Model-specific data follows the KBA’s market report yesterday that revealed that the country had seen a considerable drop in diesel and PHEV sales, which likely helped push the EV marketshare to record highs during February. Tesla sales were up 90% in the first two months of the year compared to the first two months of 2022.

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Germany Sale Tesla PHEV 144

CN EV Post

MARCH 24, 2023

The overall market is recovering at a slower pace than previously expected due to increased consumer wait-and-see sentiment caused by big price cuts, the CPCA said. Retail sales of passenger vehicles in China are expected to be 1.59 Retail sales of passenger vehicles in China are expected to be 1.59 percent, up from 13.9

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China Sale Chinese Price 129

CN EV Post

APRIL 23, 2023

BYD Seagull was unveiled and started pre-sale on April 18 with a pre-sale starting price of RMB 78,800 and received more than 10,000 orders in 24 hours. BYD unveiled the Seagull and started pre-sales on the first day of the Shanghai auto show on April 18. For more articles, please visit CnEVPost. kWh and 38.88

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BYD Sodium Sale Lithium Ion 113

CN EV Post

FEBRUARY 8, 2023

This comes just four months after the bZ4X officially went on sale in China on October 10, 2022. The post Toyota cuts bZ4X electric SUV price in China by $4,420 appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Toyota SUV China Price 65

Teslarati

MARCH 21, 2023

Tesla sales in Europe during February made the American company the fastest-growing automaker on the continent, according to new data from the European Union. Tesla still accounts for nearly two-thirds of EV sales in the United States, whereas in Europe, Tesla doesn’t even account for a quarter. What do you think of the article?

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Europe Sale Tesla United States 100

CN EV Post

MARCH 10, 2023

In January-February, China's vehicle sales decreased by 15.2 percent year-on-year while NEV sales increased by 20.8 China saw new energy vehicle (NEV) sales of 525,000 units in February, up 55.9 China saw new energy vehicle (NEV) sales of 525,000 units in February, up 55.9 PHEV sales were 149,000 units, up 98.0

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China Sale PHEV Automobile Manufacturer 114

CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. 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.

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Dealers BMW Price China 132