The L7, IM Motors' first model, has been updated with its starting price cut by RMB 38,900, or 11.5 percent.
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The L7, IM Motors' first model, has been updated with its starting price cut by RMB 38,900, or 11.5 percent.
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The Yangwang U9's powertrain delivers up to 1,306 Ps of horsepower, allowing the vehicle to sprint from 0 to 100 kilometers per hour in 2.36 seconds.
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Updated versions of BYD's Han and Tang are poised to take the price war further into the mid- to high-end EV market.
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The updated BYD Dolphin has a starting price of RMB 99,800, which is RMB 17,000, or 14.55 percent, lower than the previous starting price.
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Deliveries of the new ES8, EC7, ES6, EC6, and ET5 Touring will begin in March, the ET5 in April, and the ES7 in May.
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The Zeekr 001, Zeekr's first model, was launched on April 17, 2021 and has been the company's main seller.
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Deepal has lowered the starting price of the SL03 BEV by RMB 7,000 and is offering customers an additional RMB 10,000 cash discount.
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BYD yesterday launched lower-priced updated versions of its two budget sedans, triggering several local peers to follow suit with price cuts.
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Li Auto will launch its first BEV model, the Li Mega, as well as the 2024 L-series EREVs at the event.
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BYD makes its hybrid models less expensive than its petrol counterparts in a strong second offensive against them.
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