Teslarati
JULY 6, 2023
Tesla and 16 Chinese automakers signed a truce ending the EV price war. China’s top car makers took part in the event, including BYD, Geely, and Xpeng Inc. The car manufacturers pledged to avoid abnormal pricing in China and maintain fair competition. Tesla was the only foreign automaker at the meeting.
CN EV Post
MARCH 14, 2023
EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies. Image credit: Neta) As the auto price war in China continues, some electric vehicle (EV) makers are beginning to make it clear that they will not cut prices in an attempt to dispel the wait-and-see sentiment of potential consumers.
Green Car Congress
JANUARY 12, 2020
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%
Teslarati
MARCH 18, 2023
Polestar has launched the Polestar 3 electric SUV in China and has slashed its starting price by roughly $29,000. Now, likely to improve its competitiveness, Polestar has issued one of the most significant price cuts the Chinese market has seen this year.
Teslarati
MARCH 24, 2024
Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD isn’t planning to enter the U.S. auto sector,” the organization writes.
Teslarati
JANUARY 10, 2024
The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. The Chinese government launched a trade probe into luxury liquor producers from Europe. The volume of Chinese EVs at the event caught the eye of the European Commission.
CN EV Post
APRIL 5, 2023
NIO officially launched the EC7 , its second coupe SUV after the EC6, at the NIO Day 2022 event last December 24, with a length of 4,968 mm, width of 1,974 mm, height of 1,714 mm and a wheelbase of 2,960 mm. Including the battery, the starting prices for these three versions are RMB 488,000, RMB 546,000 and RMB 578,000 respectively.
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