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China’s Li Auto offers big discounts to combat declining EV sales
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TechNode
The smaller L8 and L7 now go for RMB 309,800 and RMB 289,800, respectively, representing a 4% discount.
The company had cut the prices of four of its five models by between 4.3% and 5.7% last April.
The company also plans to launch refreshed versions of its existing vehicles in May, featuring an updated advanced driver assistance system.
BYD said it sold 318,233 passenger EVs in February, marking a 161.4% annual increase and a 7.3% rise from a month earlier.
However, sales of Huawei’s Harmony Intelligent Mobility Alliance (HIMA) plunged by 38.5% to 21,517 units last month from January.
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