Teslarati

APRIL 30, 2024

BYD sets lower sales growth & warns of looming price war BYD delivered approximately 300,114 beds and 324,284 plug-in hybrid cars. China’s ongoing EV price war has affected economic growth as automakers compete for more market share. In March 2024, BYD set lower sales growth goals for the year. .

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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. family models as the price war in China's auto industry intensified. family models as the price war in China's auto industry intensified. percent from a year earlier, with a 5.3

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Price China Auto Auto Industry 137

EV Central

APRIL 9, 2024

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. Following the news the Tesla Model 2 is dead the car-maker’s stock price slumped by as much as six per cent late last week. The post Tesla Model 2 abandoned?

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All-Electric Electric Cars Tesla Affordable 103

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 130

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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Teslarati

JULY 6, 2023

Tesla and 16 Chinese automakers signed a truce ending the EV price war. The EV price war caused Tesla some trouble as it angered some customers who complained about the company’s ever-changing prices. However, China’s National Development and Reform Commission (NDRC) were concerned about overcapacity due to the EV price war.

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Chinese Price Tesla BYD 106

Baua Electric

JANUARY 8, 2024

Volkswagen said it wouldn’t get involved in a price war with Tesla. As the new year brought tighter restrictions on government EV incentives, VW is slashing prices on the ID line in France, Belgium, Germany, and Norway, among other countries, reports Automotive News Europe. VW trailed Tesla by a long shot in EV sales in France.

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Europe Price Belgium France 52

Clean Fleet Report

JANUARY 9, 2022

Attendance Down, But EV News Increases. It has become the auto show of January over the past decade, even more exciting than many auto shows of the traditional variety as technology is unveiled along with new cars and trucks. Last Year’s Pickup News. News: Range Milestone Hit by Rivian. GM’s Answer to the F-150 Lightning.

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2002 Silverado F-150 GMC 105

CN EV Post

APRIL 6, 2023

Many automakers in China launched rare price wars in March to try to boost sales. More than 60 percent of dealers said they met less than 80 percent of their sales targets in the first quarter. percent of dealers achieved 70-80 percent of their sales targets and 46.0 Of those, 20.5 down from 74.6 percent in February.

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Auto China Price Dealers 139

Green Car Reports

JULY 27, 2018

We take a deep look into two phenomenon: new technology in the Nissan Leaf's 30-kwh battery, and the war of words online surrounding Tesla and its CEO. A hydrogen shortage strands fuel-cell drivers in Los Angeles, and a new study shows sales of electric cars surge when more models are available. Nissan uses.

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Los Angeles Nissan Hydrogen Batteries 104

CN EV Post

APRIL 3, 2023

Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat. The underlying cause of sluggish auto sales in China can be mostly attributed to consumer sentiment. For the second quarter, the team continues to see industry volume growth and has raised its NEV retail sales forecast from 1.65

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China Auto Sale Price 137

CN EV Post

MARCH 12, 2023

FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. Volkswagen had announced monthly sales of the ID. FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3

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Price China Auto Kits 104

Teslarati

JANUARY 20, 2023

Tesla was battered and bruised last year by a series of headwinds, from Giga Shanghai’s shutdowns to CEO Elon Musk’s TSLA stock sales to fund his Twitter acquisition. Just a few days and weeks into the year, Tesla started a price war. Don’t hesitate to contact us with news tips.

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Price BYD Tesla Auto Industry 110

CN EV Post

APRIL 21, 2023

Deng did not disclose how Shenlan will meet its goal of selling 200,000 vehicles this year, and the brand offered up to 42,000 yuan ($6,090) in purchase discounts during last month's price war in the Chinese auto industry. I think the whole industry will be sustainable only if there is a value war," he said.

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Green Car Reports

MARCH 14, 2018

Today, we've got electric-car news from VW Group, war brewing between the EPA and California, the reason Germany electric-car sales are rising rapidly, and some thoughts on why Ford might bring back the Escape Hybrid in future. All this and more on Green Car Reports.

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Escape EPA California Future 64

Teslarati

AUGUST 4, 2023

Tesla China has also noted that it would be providing new car buyers with 3,500 yuan in cash ($487), as well as a free Enhanced Autopilot trial if they were referred by an existing Tesla owner, as noted in a Bloomberg News report. Don’t hesitate to contact us with news tips.

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Tesla BYD China Chinese 92

Teslarati

APRIL 1, 2024

Year over year, BYD’s all-electric car sales grew 36%, while its hybrid sales grew 56%. BYD sets lower sales growth & warns of looming price war BYD’s delivery results for Q1 2024 were in line with Wall Street estimates. Tesla is expected to beat BYD’s delivery results in the first quarter.

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BYD Chinese Plug-in Plug 75

Baua Electric

APRIL 1, 2024

China’s leading electric car maker, BYD , recorded over 300,000 EV sales in Q1 2024, up 13% over last year. BYD EV sales rise 13% in Q1, down sequentially After topping Tesla in the last three months of 2023, BYD is doubling down in 2024. Meanwhile, plug-in hybrid sales were up 14.5%, with 324,284 PHEVS sold. over Q1 2023.

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BYD Sale Tesla PHEV 52

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. Nio, Li Auto, and Xpeng all showed significant drops in both monthly and year-over-year sales comparisons in January after Tesla stroked demand by dropping prices by as much as 13.5

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China Price Sale Tesla 128

Electrek

JANUARY 10, 2023

Following a production year riddled with supply chain constraints, chip shortages, and a war in Ukraine, German automakers BMW Group, Mercedes-Benz, and Volkswagen Group still saw significant growth in EV sales. The post BMW, Mercedes, and VW each saw EV sales skyrocket vs. ICE slump, but who is winning?

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Mercedes BMW Ukraine Sale 85

Baua Electric

APRIL 16, 2024

If you ever wanted an electric SUV that looked straight out of a Star Wars movie (other than Tesla’s Cybertruck), BYD has just the vehicle for you. BYD’s Fang Cheng Bao brand unveiled its new Super 3 electric SUV concept Tuesday, which has a rugged “interstellar chariot” design. Unlike the Boa 5, the Super 3 will be 100% electric.

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Low Cost BYD SUV Concept 52

Teslarati

MARCH 28, 2023

Domestic Chinese brand BYD has quickly eclipsed Tesla in EV sales and is now challenging long-time leader Volkswagen for overall regional dominance. BYD auto sales were the most significant success of the Chinese conglomerate. Over the past four months, it has surpassed the previous market leader Volkswagen in terms of overall sales.

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BYD Price Tesla Chinese 116

Baua Electric

APRIL 26, 2024

Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts. 2024 Ford Mustang Mach-E Ford CEO Jim Farley predicted an EV price war in 2022, although it doesn’t seem like the automaker was able to prepare for it. As reported by CNN , Ford said its EV unit lost $1.3

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Affordable Ford F-150 Michigan 52

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. In January-February, Chery's NEV sales were 13,293 units, down 57.6

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Chery Price Vehicles Auto Industry 132

CN EV Post

MARCH 14, 2023

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. EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies.

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Price Chinese Purchase Auto 98

Baua Electric

MARCH 4, 2024

The retirement of Jaguar’s two saloons and its flagship sports car means the brand’s line-up will become SUV-only, with just the I-Pace , E-Pace and F-Pace remaining on sale through 2024. “We will have a production schedule that enables us to have a continuous supply of vehicles until the new cars come. .”

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SUV Bentley Sale Building 52

CN EV Post

MARCH 27, 2023

The company's net loss nearly doubled to 9 billion yuan, despite a drop in both sales and marketing and R&D expenses. billion yuan, as its vehicle sales tumbled by an even larger 47%. That rally lifted XPeng's shares to a price to sales (P/S) ratio to just over 4 times, ahead of NIO and Li Auto, at 2 and 3.37 XPEV.US, 9868.HK),

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China Price Sale Auto 105

Teslarati

MARCH 13, 2023

Nevertheless, Morgan Stanley’s China team said it believes this round of price cuts weren’t as successful due to the ongoing price war. This might pinch the sales resurgence and order-intake that should supposedly pickup in March.” I’d love to hear from you!

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China Price Tesla BMW 66

Baua Electric

APRIL 30, 2024

As you’ll see below, EV sales continue to grow in Mercedes-Benz’s portfolio (although there’s a slight catch). Those earnings contributed to an adjusted Return on Sales of 9.0% (down from 14.8% Instead, it expects its top-end models to lead sales and help it reach its financial goals for the year as targeted. billion in Q1 2023.

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Mercedes Sale PHEV Financing 52

Baua Electric

APRIL 25, 2024

Toyota, the world’s largest carmaker by volume, will include technology from tech giant Tencent technology in a China-made passenger vehicle that will go on sale this year, said Toyota’s Yiming Xu, a director for brand and communications for China. It saw its sales in China fall 1.7%

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Nissan Toyota China Auto 52

Baua Electric

MARCH 25, 2024

Musk also is requiring Tesla staff to give demonstrations of FSD to new buyers and owners of serviced vehicles, according to two emails verified by a Tesla source. The move comes as Tesla sales and margins are under pressure because of price competition and softening demand.

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Auto Tesla United States Insight 52

Teslarati

APRIL 3, 2024

However, the electric vehicle price war might have contributed to SAIC’s decision to cut jobs. The new employees are focusing on software and new-energy vehicle development. SAIC Motor reported robust sales in January and February. in new energy vehicle retail sales.

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GM China General Motors Sale 69

Baua Electric

APRIL 24, 2024

While rival Chinese automakers have been cutting costs amid a price war, XPeng has pledged to invest heavily in technology innovation as buyers in the world’s largest auto market increasingly seek more high-tech features when choosing cars.

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Auto Chinese China Insight 52

Baua Electric

MAY 17, 2023

“There are threats to growth coming as a result of inflationary and geo-political pressures, and if you include the price war, many customers are likely to delay their purchases.” The post Europe gross sales up 16% in April as output improves on higher provide chains appeared first on Bauaelectric Auto News.

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EV Central

JULY 10, 2023

The new $39,990 price for the Ora Standard Range pitches it head-to-head with the $38,890 BYD Dolphin and the $39,990 MG4 Excite 51 , as China’s EV price war heats up. The post Electric vehicle price war! All these prices are plus on-road costs but before rebates or deductions. in Western Australia.

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BYD Price Electric Vehicles Australia 73

Teslarati

APRIL 10, 2024

Wang predicted that the intensifying price war in China would result in falling profit margins for BYD. BYD hopes to ensure stable profitability by improving sales. The company is aiming for a 20% sales growth this year. BYD sells pure battery electric vehicles (BEVs) and plug-in hybrids.

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BYD Thailand Chinese China 64

Baua Electric

MARCH 14, 2024

MG will also expand its dealer network in France to 200 outlets this year, from around 160 now, ensuring any MG customer is no more than 30 minutes from a sales and repair centre, the spokesperson said. According to French auto consultancy Inovev, MG sold two out of three Chinese-made cars in Europe last year, with sales of 230,000 cars.

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