Articles tagged with Price Cut (1 on launch).
MIIT and SAMR summon Chinese automakers over price-war concerns as May NEV retail sales fall 7.5% YoY to 950,000 units. Regulators demand compliance with pricing laws and product quality standards.
Chinese NEV price hikes across more than 15 brands show the discount war is cooling, with industry margins under pressure and buyers facing fewer deals.
XPeng GX drew 24,863 firm orders in 12 hours after launching from about $39,900, turning pricing into the clearest signal for its flagship SUV push.
China's EV price war is cooling as supply-chain costs rise, with more than 15 brands lifting prices after lithium, chip, and raw-material pressure intensified.
