Baua Electric

MAY 2, 2024

Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence. Albemarle , the world’s largest producer of lithium for electric vehicle batteries , on Wednesday missed first quarter profit estimates on lower prices. Prices in the unit fell 89%.

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Price Auto North Carolina Lithium Ion 52

Baua Electric

MAY 20, 2024

The world’s lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold. These sales are a significant step for lithium, which until relatively recently was largely sold at prices fixed in long-term contracts. Albemarle Corp. , Then, BHP Group Ltd.

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Price Auto China Supplies 52

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 campaign involves 20 SAIC-Volkswagen models, the vast majority of which are conventional internal combustion engine vehicles, that can enjoy discounts ranging from RMB 15,000 to RMB 50,000.

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Price China Auto Auto Industry 106

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 116

Baua Electric

MAY 28, 2024

Volkswagen is aiming for its new low-cost electric vehicles to debut in 2027. The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). Meanwhile, after failing to find an agreement with VW, Renault still plans to launch a low-cost Twingo e-Tech successor, starting around the same price.

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CN EV Post

MARCH 26, 2023

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. The QQ Ice Cream priced at RMB 39,900 saw a price reduction of RMB 4,000, or 10 percent.

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Chery Price Vehicles Auto Industry 102

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. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners.

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Price Industrial Industry Tesla 109

Teslarati

MARCH 24, 2024

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto market anytime soon , some U.S.

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Auto Industry BYD Auto Industrial 135

Baua Electric

JANUARY 21, 2024

With new car prices soaring over the last few years, the value of used cars has also gone up. In the last two years, the average ticket prices in the used car market has gone up to 6-6.5 In the last two years, the average ticket prices in the used car market has gone up to 6-6.5 lakh, a Baleno is priced between 4.7

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SUV Price Auto Cars 52

Teslarati

MARCH 23, 2023

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. No element has become more synonymous with electric vehicles than lithium. None of the modern batteries that make electric vehicles possible could exist without lithium.

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Price Tesla Chinese China 144

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 85

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Price Market Tesla Tax Credit 122

Teslarati

MARCH 16, 2024

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus.

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Tax Credit Aston Martin Auto Tesla 138

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. Since the end of last year, several EV makers have cut prices, including Tesla and XPeng (NYSE: XPEV).

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BYD Price China Auto 88

Baua Electric

APRIL 4, 2024

Sigma Lithium ‘s chief executive won’t sell the miner at current lithium price levels and is concentrating on its near-term expansion plans, she told Reuters in an interview. “At these prices, we are not selling,” she said. “It was unfortunate we did it against massive headwinds of this price.”

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Price Auto Companies Brazil 52

Baua Electric

MAY 27, 2024

App-based ride-hailing platforms Uber, Ola and Rapido challenged the notification arguing that the Motor Vehicle Aggregator rules allowed them to charge a 20% commission along with a surge price during peak hours. The judgement, he added, would facilitate smooth operation of app-based auto rides. “I

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Auto Transportation 2020 Charging 52

CleanTechnica EVs

MAY 5, 2023

Throughout the year, Tesla has set the bar for vehicle pricing in the auto industry, as many automakers work to scale their first few electric vehicles.

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Vehicles Tesla Auto Industry Price 145

Baua Electric

FEBRUARY 29, 2024

Chile’s SQM , the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks. The group’s share price has slid around 30% in the last 12 months.

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Chile Price Auto Insight 52

Baua Electric

FEBRUARY 29, 2024

This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 RMB per Wh, significantly lower than previous prices.

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BYD Affordable Price Auto 52

CN EV Post

APRIL 24, 2023

Edison Yu's team shares their key takeaways on new model pricing, design, ADAS, and ultra-fast charging. Image credit: CnEVPost) As one of the most important auto shows in several years, the ongoing Shanghai auto show is attracting a lot of interest. Likewise, NIO did not detail the price of the new ES6, the team noted.

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Auto Price BYD Charging 116

CN EV Post

MARCH 14, 2023

China's auto industry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an NIO executive said. Not only is NIO not dropping prices for 90 days, but prices won't change for a longer period of time, he said.

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Price China Auto Auto Industry 115

The Truth About Cars

MAY 20, 2024

Fleet buyers usually get a better price than individuals because of the large volumes they purchase, but Tesla is offering deeper discounts to some European leasing companies after previous price cuts caused a significant decrease in the values of their vehicles. Tesla ran into similar complaints in the U.S.

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Fleet Price Tesla Chinese 90

CN EV Post

MARCH 12, 2023

The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. 6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 and RMB 258,900 respectively. 6 X, with suggested retail prices starting at RMB 195,888 and RMB 259,888, respectively. series of ID.4 4 Crozz and ID.6

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Price China Auto Kits 74

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. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai. year-over-year.

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BYD Price Sale Vietnam 119

Teslarati

JANUARY 11, 2024

Tesla increased the price of the Model Y’s 7-seater option by $500. Before Tesla raised the price, the Model Y’s 7-seat option was $2,500. As everyone settles into 2024, Tesla has started rolling out price changes in the United States and China. In the US, Tesla hasn’t changed the prices of the actual cars so far.

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Price Tesla Highlander China 112

Baua Electric

JANUARY 9, 2024

Who says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. EV prices are closing in on gas-powered vehicles According to Cox Automotive , the average transaction price for an EV was $50,798 at the end of 2023. million EVs last year. It could be close.

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Gas Price Power Powered 52

Electric Cars Report

APRIL 22, 2024

Chinese new energy vehicle maker Li Auto launched Li L6, a five-seat premium family plug-in hybrid SUV. Li L6 will offer Pro and Max trims at retail prices of RMB 249,800 (about €32,390) and RMB 279,800 (about €36,280), respectively, and will commence deliveries later this month.

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Plug-in SUV Auto Plug 57

Clean Fleet Report

SEPTEMBER 17, 2022

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. This is likely due to the fact that people are trying to save money at the pump, and these larger vehicles tend to be less efficient than smaller ones. The Cost of Gas Has a Big Impact on Vehicle Choice.

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Gas Price Vehicles Gas-Electric 90

Teslarati

APRIL 15, 2024

RBC Capital analyst Tom Narayan maintained his “Buy” rating for electric vehicle maker Tesla ( NASDAQ:TSLA ) on Monday. His price target for Tesla was also listed at $298 per share, suggesting an upside of over 80%. He covers several auto companies such as Tesla, Ferrari, and the Mercedes-Benz Group. .”

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Buy Price Tesla Ferrari 143

CleanTechnica EVs

MAY 13, 2023

Tesla’s price reductions in the first quarter of the year have sent waves through the auto industry. As legacy automakers and startups both try to catch up to Tesla’s electric vehicle dominance, some are wondering if the automaker’s price cuts could actually spur on a quicker transition to EVs.

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CN EV Post

MARCH 31, 2023

Li Auto delivered 52,584 vehicles in the first quarter, slightly above the lower end of the previous guidance range of 52,000 to 55,000 vehicles. | Li Auto US | Li Auto HK Li Auto delivered 20,823 vehicles in March, surpassing 20,000 for the second time since last December, according to figures released today.

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Auto Vehicles Store SUV 68

CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Auto BYD SUV Chinese 124

Baua Electric

MARCH 8, 2024

the letter, Nasscom has urged the Karnataka government to review the uniform fare structure for taxis that it had notified in early February, raising concern over aspects such as taxi aggregators not being allowed surge pricing. Nasscom further said it had suggested the government restore dynamic pricing.

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Industrial Industry Taxi Price 52

Teslarati

JANUARY 7, 2024

According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit. Only vehicles purchased under the consumer clean vehicle credits are eligible for this benefit,” announced the US Department of Treasury. But that enthusiasm has stalled.

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Tax Credit Dealers Tax Auto 100

Teslarati

MARCH 6, 2024

Tesla’s ( NASDAQ: TSLA ) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. “EV demand continues to decelerate despite continued price cuts,” Jonas wrote. Price Target Jonas reduced Tesla’s price target to $320 from $345.

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Price Tesla Hybrid Highlander 97

Baua Electric

JANUARY 10, 2024

Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than 80% from a late-2022 record, as the market whiplashed from shortage fears to a mountain of surplus inventories. Yet supply charged ahead as demand growth underwhelmed, and the result has been a price freefall. Chemaf Resources Ltd.

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Price Auto Battery Batteries 52

CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. In the short term, NIO will face some pressure as a result, he said.

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Price Sale Auto Industry China 141