Remove Auto Remove BMW Remove China Remove Price
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 116
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. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

Auto 64
article thumbnail

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

CN EV Post

The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. family of models, with the lineup starting at as low as RMB 174,900 yuan, according to a poster posted on Weibo on March 11 by the Volkswagen joint venture in China. percent from 10,442 units in the same period last year.

Price 74
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. This was seen as the beginning of the massive outbreak of the price war. Now, these automakers may be able to get some respite.

Standards 110
article thumbnail

NIO ET5 ranks 7th in top-selling premium sedan list in China with 6,437 Mar sales

CN EV Post

The models ahead of the ET5 are all from German luxury automakers Mercedes-Benz, BMW and Audi. | NIO US | NIO HK | NIO SG The ET5, which has been the main seller for NIO (NYSE: NIO) in recent months, saw its position unchanged in a premium sedan ranking last month. The BMW 3 Series ranked 3rd with 37,151 units. The model was No.

China 143
article thumbnail

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

CN EV Post

Tesla 's insurance registrations last week in China were higher than the previous week's 13,266, while NIO 's were lower than the previous week's 3,345. China's passenger vehicle market saw insurance registrations slip last week, with a mixed performance from major new energy vehicle (NEV) makers.

BYD 87
article thumbnail

Full CPCA rankings: Top-selling models and automakers in China in Feb

CN EV Post

This article contains 20 tables compiled by CnEVPost based on data from the CPCA, showing which models and car companies sold the most in China in February. The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry.

China 123