Category: China

Cadillac takes page from Nio, dramatically reduces Lyriq prices in China by scaling back benefits

Cadillac has turned a package of benefits into an option that reduces the Lyriq's prices in China by RMB 60,000 and also offers a limited-time discount of RMB 18,000 on the model.

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China EV daily: CAAM revises fair market order commitment, Voyah Zhiguang PHEV debut, BYD ATTO 3 tops EV sales in Thailand and Israel

CAAM adjusts its stance on market competition, Voyah unveils the new Zhiguang PHEV expected to launch in Q3, while BYD ATTO 3 leads as the best-selling EV in Thailand and Israel for H1 2023.

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CAAM retracts call for automakers to not disrupt market with abnormal prices

The statement in the pledge, "not to disrupt the fair competition order of the market with abnormal prices," was inappropriate and inconsistent with the principles of China's anti-monopoly law, the CAAM said.

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