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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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Toyota says it would rather buy credits than ‘waste’ money on EVs

Baua Electric

As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said. Regulation-wise, we would have to prepare something like credit purchase,” he told Automotive News. Wasted investment is worse than the credit purchase,” he added.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

Consumers’ expectations around the performance and purchase price of electric vehicles are so divergent from the actual offerings available today, that no more than 2–4% of consumers worldwide would have their expectations met, according to a new survey from Deloitte. range, convenience to charge and purchase price of the vehicle.

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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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WM Motor aims to be China’s BEV for the masses

China EV

Everyone buy it! Now Freeman is putting those years of experience and connections to good use at WM Motor, an EV startup initially known as Weltmeister, Its Chinese name remains Weima. I like it that they are cancelling the (NEV purchase) incentives,” says Freeman. “We It should be out in May.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV. Other than the 6% that already own one, 38% said they plan to purchase an EV as their next vehicle, and another 27% are considering one in the future. FTC: We use income earning auto affiliate links.

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XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

But investors seem to be buying into the company's newly detailed comeback story, driving up its valuation ratios past its top two rivals in the days after its latest results announcement. XPeng is grappling with a lack of consistency in its marketing strategy, said Wang Cun, an analyst with the China Automobile Dealers Association (CADA).

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