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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The Volkswagen Phideon, with an official guide price of RMB 343,000 to RMB 449,000, received an RMB 50,000 discount, while most other models received discounts of RMB 25,000 to RMB 30,000.

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China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank

CN EV Post

Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat. The underlying cause of sluggish auto sales in China can be mostly attributed to consumer sentiment. In addition, as automakers cut prices, consumers felt more compelled to wait for better deals, the team said.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Although this marks an impressive 41.5%

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Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Liu Shijin, deputy director of the Development Research Center of the State Council, one of China’s top government think tanks, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.

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Elevating the EV Consumer Experience: Beas Auto Sales and PlugStar Certification 

Plug in America

Plug In America is thrilled to highlight one of our newest certified PlugStar dealer – Beas Auto Sales. Located in Stockton, California, Beas Auto Sales is a leading automotive dealership dedicated to accelerating the adoption of electric vehicles (EVs) to promote cleaner transportation vehicles. Absolutely!

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Suzuki and Toyota to explore business partnership; environment, safety, and information technology

Green Car Congress

In a joint statement, the two companies said that, given the rapid change in the auto industry, the industry is required to work not only on conventional automobile R&D, but also on R&D for advanced and future technologies in the fields including environment, safety, and IT.

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