price competition – Charm

Tesla China starts taking orders for longer-range Model 3 EV, with 14% price bump

Cs news9 months ago02 mins

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from local rivals amid intense competition in the country’s premium electric vehicle (EV) segment. The US company announced on Tuesday that the new car, which has a range of 830km, would be priced at 269,500 yuan…

China EV war: Tesla, Nio and Li Auto target mainland families with premium SUVs

Cs news9 months ago02 mins

Electric-vehicle (EV) makers from Tesla to Nio are shifting their focus from price cuts to developing spacious family friendly, long-range vehicles for the mainland Chinese market. The premium SUV segment has emerged as the new battlefront, as carmakers heed Beijing’s call to end a brutal price war and chase affluent consumers to improve their bottom…