CN EV Post

JULY 25, 2022

The Mercedes-Benz EQE will be another option in China's luxury electric sedan market besides the NIO ET7 and IM Motors L7. 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.

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Mercedes China Price Sale 96

Teslarati

JUNE 27, 2022

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles.

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Teslarati

JULY 7, 2022

Despite constant media attention on recessions and or other poor market behavior, some indicators show that the automotive sales market remains fairly strong. In a recent report released by Cox Automotive , chief economist Jonathan Smoke outlines multiple reasons that Cox believes the automotive market is still fairly strong.

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The Truth About Cars

JANUARY 11, 2024

Photo credit: Southworks / Shutterstock.com In a remarkable show of market strength, over 55 percent of all electric vehicles (EVs) sold in the United States in 2023 were from Tesla. This impressive figure underscores Tesla's dominance in the EV market, despite facing increasing competition from other automakers.

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Sale Tesla Price Market 97

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. of the global LFP battery market.

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BYD Price Tesla Chinese 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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Auto Industry Industrial Industry Price 85

Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S. The value of used EVs has dropped 33.7%

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Sale Auto Market Cars 52

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

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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 120

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.

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Germany Sale Tesla Land Rover 145

CN EV Post

APRIL 26, 2023

BYD has officially launched the Seagull with a starting price of just RMB 73,800, after starting pre-sales of the Yangwang U8, which costs over RMB 1 million, last week. The car is available in three versions with starting prices of RMB 73,800, RMB 78,800 and RMB 89,800 respectively. BYD Seagull interior.

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BYD China Market Price 112

CN EV Post

APRIL 6, 2023

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 More than 60 percent of dealers said they met less than 80 percent of their sales targets in the first quarter. For more articles, please visit CnEVPost.

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Auto China Price Dealers 123

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. These market results and conclusions have spiraled into two primary arguments.

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Sale Tesla Price Porsche 133

Teslarati

MARCH 7, 2023

Now, the Model Y is often the most popular EV sold in many significant markets, including in Germany, where it has recently taken back its crown as the top EV from the Model 3. Reflecting this success, the EV market grew by just over 14% in the same timeframe. of the total market. What do you think of the article?

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Germany Sale Tesla PHEV 144

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 128

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 110

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 Re-Charge Auto Industry 139

Teslarati

SEPTEMBER 3, 2022

TrueCar’s August sales analysis shows that Tesla sales are estimated to have grown by 105% year-over-year. According to TrueCar’s August sales estimates, Tesla sales have grown 105 percent year over year in the US, the most out of any brand. First of all, Tesla’s market share is now estimated at 4.1%

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Teslarati

FEBRUARY 20, 2023

Used Tesla prices have fallen dramatically since Tesla’s price cut at the beginning of this year but remain elevated compared to other used offerings. Tesla is the clear leader in electric vehicles in the United States, controlling roughly two-thirds of the market in the country. Despite its price falling 5.2

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Price Tesla For Sale United States 88

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. compared to 1.8%

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Europe Sale Tesla United States 99

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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CN EV Post

MARCH 16, 2023

A screenshot from SAIC-Volkswagen's website shows the automaker's marketing of discounts.) 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. 4 X and ID.6

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Price China Auto Auto Industry 106

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 Among them, retail sales of NEVs are expected to be 560,000 units, up 25.8

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China Sale Chinese Price 113

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 110

Teslarati

MARCH 13, 2023

BMW and Volkswagen (VW) have announced massive price cuts in China, following the likes of 5 other automakers who are battling an initial price cut from Tesla late last year. Tesla’s massive price cut in China has caused an avalanche of similar price adjustments from competing manufacturers attempting to keep up.

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BMW Price Tesla BYD 94

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 109

Teslarati

JANUARY 6, 2023

But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe. Foremost being earnings, each company has reported strong earnings throughout the year, motivated by continued strong sales growth.

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Porsche Mercedes BMW Market 122

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. , Albemarle Corp. ,

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Price Auto China Supplies 52

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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CN EV Post

SEPTEMBER 29, 2022

The Leapmotor C01's official prices are higher than its pre-sale prices, a rarity in the Chinese electric vehicle industry. The post Leapmotor officially launches flagship sedan C01 ahead of Hong Kong stock market debut appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Market Chinese Price Sale 72

Teslarati

MAY 3, 2023

Porsche has announced a new set of price increases alongside its incredible Q1 financial report, which crushed investor expectations. Sales have exploded, order backlogs have hit record numbers, revenue has skyrocketed, and the German performance brand is now on the cusp of dramatically increasing its EV offerings.

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Porsche Price North America Sale 95

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

CN EV Post

APRIL 11, 2023

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China saw BEV sales of 490,000 units in March, up 23.8 percent year-on-year and up 24.4

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China Sale PHEV Automobile Manufacturer 114

Teslarati

JANUARY 30, 2023

Ford announced this morning that it was slashing prices of all trims of its Ford Mustang Mach-E, while dramatically increasing production. Now, Ford has done just that by rapidly increasing production of its popular Mustang Mach-E EV SUV and subsequently slashing prices. “We are not going to cede ground to anyone.

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Ford Price Extended Range Tesla 111

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. This is a limited-time marketing campaign valid from March 10 to March 31, BYD said. The model went on sale on July 29, 2022.

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BYD Price China Auto 88

Teslarati

APRIL 12, 2023

Tesla’s pricing strategy comes down to one key difference from its competitors, and as the automaker recently cut pricing for the fifth time this year, the method to its madness is being further examined. The dealership model is not the only reason for the price cuts, but it is one major influence.

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Price Dealers Tesla Buy 103

Teslarati

DECEMBER 12, 2022

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4%

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Affordable Price Supplies Manufacturer 93