This is to celebrate the third anniversary of the launch of the ID.4 Crozz, which has a discounted starting price as low as RMB 139,800, FAW-Volkswagen said.
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In addition to the limited-time discount, Polestar is also offering other limited-time benefits for the Polestar 4 including free upgrades to the smart driving suite.
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The discount is a continuation of a February offer that lowered the G6's starting price to 189,900 yuan.
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The new Aion Y Plus starts at RMB 99,800, RMB 20,000 lower than the previous entry-level price.
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The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said Cui Dongshu of the CPCA.
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Neta cut the prices of almost its entire model range, with the compact SUV Neta X seeing the highest reduction.
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The LS6 went on sale in October 2023 and is a Tesla Model Y competitor.
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There's no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March.
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Some Li Auto stores saw a significant uptick in sales just this past weekend, and some trim levels are no longer available for delivery before the Chinese New Year, according to local media.
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Nio will begin deliveries of 2024 models in early March and start offering discounts on current models.
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