Auto News Price Sale 
Teslarati
MARCH 29, 2024
BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. However, BYD’s delivery estimates for 2024 are a third of 2023’s sales growth, which was 62.3%. In February, it slashed the prices of all its vehicles between 5% to 20%.
CN EV Post
APRIL 6, 2023
With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. 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 Of those, 20.5
Electrek
OCTOBER 24, 2023
Despite recently entering the Thai auto market, BYD has already surpassed several Japanese rivals in sales as it sneaks up on Toyota’s spotlight. more… The post BYD is stealing Toyota’s limelight in this key auto market with low-priced EVs appeared first on Electrek.
Baua Electric
MAY 23, 2024
While SQM’s quarterly lithium revenues fell 67% from a year earlier, its lithium sales volumes grew 34%. million for the first three months of the year, as oversupply of the metal needed for EV batteries drags on prices. SQM’s sales distribution follows the same pattern. This brought a loss of USD 3.04
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.
Baua Electric
MAY 3, 2024
Albemarle pointed to higher EV sales in China in April, including at major automaker BYD, as a positive sign for lithium prices, but cautioned that current pricing would limit new projects from getting off the ground. “If prices stayed where they were today, you’d see us ramping capex down. .
Teslarati
FEBRUARY 1, 2023
Tesla’s price cuts in China dropped sales of competing domestic electric vehicle makers Nio, Li Auto, and Xpeng by as much as 60 percent in January. Li Auto’s 15,141 units delivered last month was a 28.7 percent sales decrease compared to December but a massive 59.6 percent on vehicles in China.
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