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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. percent, price cut. percent, price cut. The QQ Ice Cream priced at RMB 39,900 saw a price reduction of RMB 4,000, or 10 percent.

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Tata launches $10,000 Tiago.ev electric city car with 250km of Range

Electric Cars Report

Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, today announced the launch of the newest member of its EV family – The Tiago.ev. With special introductory prices starting INR 8.49 Lakh (about $10,000 USD), bookings for the Tiago.ev will start on October 10, 2022.

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China Ministry retracts pricing pledge for local automakers, citing anti-monopoly law

Electrek

more… The post China Ministry retracts pricing pledge for local automakers, citing anti-monopoly law appeared first on Electrek.

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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said. Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies.

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Volvo EX30 continues sales surge as Europe’s second best-selling EV in August

Baua Electric

Volvo EX30 sales continue surging in Europe in August According to new data from the European Automobile Manufacturers’ Association (ACEA), EV registration in the EU fell by 43.9% According to the latest data from Kelley Blue Book , the average transaction price (ATP) for a new vehicle in the US was $47,870 in August.

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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

The China Association of Automobile Manufacturers also noted that Tesla has cleared data security and processing requirements in the country. Combined with recent price cuts in China (by RMB 14,000, or ~$1,930), this could spur volume growth,” Bank of America noted. Don’t hesitate to contact us with news tips.

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Tesla Model Y makes it to China local gov’t NEV procurement catalog

Teslarati

pic.twitter.com/rRZDV0gIq3 — Tsla Chan (@Tslachan) July 4, 2024 To be eligible for the list, a vehicle must have a range of over 400 kilometers (248 miles), and it must also be priced at less than RMB 250,000 ($34,382). Don’t hesitate to contact us with news tips.

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