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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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Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases

CN EV Post

(Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. In addition to the Shenlan brand, Changan is offering car purchase incentives for its other sub-brands.

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

CN EV Post

China's policy on extending the sales period for vehicles built to the 6a emissions standard may be announced soon, National Business Daily reported today, citing Shen Jinjun, president of the China Auto Dealers Association (CADA), as saying at a forum. A study covering nearly 100 auto dealer groups showed that nearly 98.89

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Here’s how China’s BYD is working on its image problem

Baua Electric

But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. European consumers have no inkling of Chinese brands,” Daniel Kirchert, the head of e-mobility consultancy Noyo and former BMW executive, told Automotive News Europe.

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Report: Mercedes Having Tough Time Selling EVs

The Truth About Cars

Citing Edmunds data that shows Mercedes-Benz dealers took an average of 82 days to sell the brand's battery-powered EQ models in September (double BMW's 38-day turnaround rate while also being above the luxury segment average of 57 days), the outlet was hoping to shed some light on the matter.

Mercedes 128
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Li Auto rolls out price protection policy amid China auto price war

CN EV Post

An image circulating on the Chinese internet on March 13 shows Li Auto rolling out a consumer price protection policy covering all of the company's currently available models -- the Li L7, Li L8 and Li L9. 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
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. MG (owned by the Chinese SAIC) was the only group to post an increase in registrations, with its volume jumping from 1,327 to 2,592 units. However, before they could look to buy, COVID-19 struck the industry and disabled purchasing power.

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