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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.
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. Subsequently, several brands, including Volkswagen and BMW , announced similar large discounts.
CN EV Post
MARCH 13, 2023
Insurance registrations for conventional internal combustion engine (ICE) vehicles were 211,000 last week, down 12.28 BMW's NEVs registered 1,486 insurance units in China last week, down from 1,663 units the week before. Insurance registrations for NEVs were 107,800 last week, down 7.29 percent from the previous week and up 8.67
CN EV Post
MARCH 13, 2023
The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. He said at the time in the comments section of that Weibo that Li Auto's models would not be reduced in price.
Clean Fleet Report
JANUARY 4, 2022
The impact on the auto industry, particularly the still growing electric sector, could be profound. Virtually every car dealer—and a growing number of used car lots—will have full EV or plug-in hybrid offerings. There may be no more “return to normal” or even a semi-normal. Mass events may become a thing of memory.
Clean Fleet Report
SEPTEMBER 15, 2022
It is too involved to go into here, so make sure your Mercedes-Benz dealer sales representative walks you through it completely. Repeating here, but get to know your dealer sales rep really well as there is so much to learn about the technology on the S500. The term luxury is tossed around pretty loosely in the auto industry.
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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