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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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2024 BMW i4 eDrive35 review: This decontented FBT beater is selling strongly, but is it worth $30,000 more than a Tesla Model 3?

EV Central

High pricing combined with EV offerings distinguished by no more than their badges has punctured Audi, BMW and Mercedes-Benz’s air of superiority. But the BMW i4 eDrive35 is at least a sign of life. The eDrive35 is a decontented version of the i4 five-door passenger hatchback that is priced at $85,900 plus on-road costs.

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BYD slashes EV prices in Germany as it looks to push past Tesla, EU automakers

Baua Electric

BYD is significantly lowering EV prices in Germany to extend its global lead. The automaker slashed prices by up to 15% on its most popular EVs. BYD cuts EV prices in Germany in overseas expansion After overtaking Tesla in EV sales in the last three months of 2023, BYD aims to extend its lead in key markets.

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. According to data released by the German statistics office Tuesday (via Reuters ), German EV imports from Chinese automakers like BYD reached 31,500 through April 2024. 4, BYD is enjoying more of the “EU Premium” on EVs.

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BYD sees bigger profits on some EVs sold in the EU than in China, even with tariffs

Baua Electric

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% However, with BYD reportedly generating higher EV profits on models like the Seal U in the EU than in China, the EV leader is expected to overcome the impact. BYD announced it would enter the European car market in 2020.

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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

BYD 's NEVs saw 37,141 insurance registrations last week, down from 38,932 the previous week. Li Auto registered 4,243 units last week, up from 3,222 units 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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CATL still dominates the EV battery market share in 2024, but BYD is gaining ground

Baua Electric

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL still owns over a third of the market, but BYD looks to close the gap with new lower-priced EVs. Despite a slow start to 2024 due to the Chinese New Year, BYD saw solid sales growth.

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