New energy price reduction tide! After BYD cut prices, many car companies followed

Mondo Cars Updated on 2024-02-21

Recently, the new energy vehicle market has ushered in an unprecedented battle. Leading company BYD has taken the lead in launching an offensive, and the new prices of the two plug-in hybrid models, the Qin Plus Honor Edition and the Destroyer 05 Honor Edition, are set at 7980,000 yuan, a drop of 20,000 yuan compared with the previous version. This price reduction strategy quickly attracted a lot of attention in the market.

According to the business investigation data, BYD applied for the trademark of BYD Qin as early as 2015, and since then, the model has been in a hot state, especially favored by online car-hailing drivers.

With BYD taking the lead in cutting prices, SAIC-GM-Wuling followed suit, reducing the price of the 150km advanced version of the Wuling Starlight plug-in hybrid model from 10580,000 yuan adjusted to 9980,000 yuan, which also entered the ** range of less than 100,000 yuan. Changan Qiyuan and Nezha Automobile also quickly followed suit, lowering the starting prices of the Q05 and A05 models to 7 respectively390,000 yuan, and the price of Nezha X model is reduced by 220,000 yuan, and the starting price is also controlled within 100,000 yuan.

This battle not only reflects the fierce competition for market share of new energy vehicle companies, but also reflects the industry's efforts for technological progress and cost control. With the advancement of battery technology and the optimization of the first chain, the manufacturing cost of new energy vehicles has gradually decreased, bringing more affordable products to consumers.

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