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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. A salesperson at a Mercedes-Benz dealership store in Beijing said that the information circulating on the Internet was untrue and that consumers could only get discounts on their purchases if they registered their vehicles in Beijing.

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ETAutoTech Summit 2024 kick-starts today, themed ‘Engineering Sustainable Transition’ – ET Auto

Baua Electric

Two days of top-notch sessions, ample networking opportunities, and a wide range of discussions on subjects like net zero emissions strategies, sustainable vehicle engineering, the auto industry’s contribution to India’s 2070 carbon neutrality goal, and the switch to green fuels are in store for attendees.

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VW joins China auto price war, offers up to $5,820 discount on ID. series EVs

CN EV Post

The price war in China's auto industry continues, with Volkswagen becoming the latest to join in. series pure electric vehicles are offering discounts of up to RMB 30,000, and consumers can also receive up to RMB 10,000 worth of other benefits at dealership stores, according to a poster. SAIC Volkswagen ID. 4 series models, ID.4

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NIO won't get involved in price war, exec says

CN EV Post

China's auto industry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an NIO executive said. For more articles, please visit CnEVPost.

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CPCA expects China's Mar NEV retail sales to rise 27.5% from Feb to 560,000 units

CN EV Post

Other local governments have since introduced subsidy policies and car brands have followed suit with promotions, which have boosted store traffic but limited actual order conversion, the CPCA said. Consumer wait-and-see sentiment further increased, negatively impacting the auto market, the report said.

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What V2G Tells Us About EVs and the Grid

Cars That Think

For utilities looking for ways to store power for later use, all those shiny new EVs might look like rolling batteries that they can not only charge but also draw power from when demand exceeds supply. That’s the promise of vehicle-to-grid (V2G) technology.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

Electricity is a commodity that is bought and sold, and yet unlike most other commodities, it cannot easily be stored. General Motors’ Impact debuted at the 1990 Los Angeles Auto Show. And the auto industry had just canceled the battery EV. At the moment, the auto industry does not have a clear interest in V2G.

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