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BYD offers discounts for Song and Seal as China's auto price war intensifies

CN EV Post

Consumers who order BYD 's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal. 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.

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BYD offers extended, bigger discount for Seal

CN EV Post

Image credit: CnEVPost) BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese auto industry a month ago and the benefits expired at the end of March. The BYD website currently shows the suggested retail prices of the Seal at RMB212,800 to RMB 289,800, the same as before.

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BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end

CN EV Post

Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share. | BYDDY.US | BYD HK BYD's new energy vehicle (NEV) sales are expected to maintain strong growth in the first quarter, despite the overall weak performance of China's passenger vehicle market. percent share.

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

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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China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170

CN EV Post

This article is being updated, please refresh later for more content. BYD 's NEVs saw 37,141 insurance registrations last week, down from 38,932 the previous week. BYD's premium brand Denza vehicles saw 1,853 insurance registrations last week, up from 1,808 the week before. percent from the previous week and down 16.12

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NIO CFO says confident of meeting this year's sales target

CN EV Post

| 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 We expect the industry to go through some profound consolidation," Feng said."It's

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Berkshire Hathaway execs praise Elon Musk, ‘taking on the impossible job’

Teslarati

Nonetheless, the two stockmarket legends shared their respect for the up-and-coming auto industry CEO at their annual shareholder’s meeting late last week. While Berkshire Hathaway has recently been backing out of their BYD position , this is certainly not due to a lack of success. What do you think of the article?

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