Remove Auto Industry Remove BMW Remove Dealers Remove Sale
article thumbnail

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.

Dealers 140
article thumbnail

China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

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.

Standards 130
article thumbnail

VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

CN EV Post

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

Price 105
article thumbnail

Li Auto rolls out price protection policy amid China auto price war

CN EV Post

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.

Auto 98
article thumbnail

Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The goal of the mandate is to improve the environment by spurring the sale of vehicles with alternative powertrains thus reducing carbon emissions. —Auto Alliance. The bill would take effect 1 July 2018. Maryland is one of nine states that has adopted California’s ZEV Mandate. SB 1234 is a good step in the right direction.

Maryland 207
article thumbnail

New: EVAdoption Quarterly US Electric Vehicle (EV) Sales Scoreboard

EV Adoption

We are excited to announce the launch of the new EVAdoption Quarterly US Electric Vehicle Sales Scoreboard, beginning with sales data from Q3 of 2021. At launch, the Sales Scoreboard will only track sales of the 13 EVs for which sales are publicly reported by the OEMs.

Sale 52
article thumbnail

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

What we are also seeing is more optimism across the board for vehicle sales following the economic downturn. The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. —Betsy Meter, national audit leader for KPMG’s automotive practice. Investments.

Global 218