The discount is a continuation of a February offer that lowered the G6's starting price to 189,900 yuan.
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Category: Price Cut
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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Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said.
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Chery New Energy has slashed the official guide prices of its cheaper Little Ant and QQ Ice Cream models by 7.7 percent to 16.7 percent.
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