Showing 12 of 26 posts with this tag
On July 25, Apple's official website in China showed that it had launched a limited-time offer from July 29 to August 1, covering a range of its available products, including the iPhone 13 line up of smartphones.
On March 22, the China Association of Automotive Manufacturers (CAAM) urged for an immediate end to the price war in the Chinese auto market following a succession of car price reductions and sales promotions earlier this month.
Yang Dayong, the Executive Vice President of Changan Ford, a joint venture between China's Changan Automobile and US-based Ford Motor, has stated that the price war in China's automobile industry is just beginning.
The M5 and M7 models of AITO, a Chinese automaker established jointly by Huawei and Seres, have undergone price reductions of 8,000 yuan ($1,096). AITO is the first new energy vehicle brand in China to follow in the footsteps of Tesla's latest decision.
On January 13, Huawei-backed electric vehicle brand AITO suddenly announced price reductions of 30,000 yuan ($4,462), bringing the cost of its M5 and M7 EVs down to 259,800 yuan and 289,800 yuan, respectively.
Alibaba's management team announced five strategic focal areas for its e-commerce platform Taobao this year. These areas cover livestreaming, private domain traffic (turning casual users into dedicated ones), content, local retailers, and pricing power.
Chinese EV maker XPeng officially launched its flagship SUV, the G9, two days ago. However, its complex configuration has exposed the company to much criticism. It has announced an overhaul, which has resulted in a price reduction of 20,000 yuan ($2,805).
Rental markets in key cities across China have basically recovered throughout the month of August, including an increase in the overall transaction volume for Beijing, a report showed.
Tesla suddenly posted record-low vehicle prices for the Chinese market on January 6, causing many Chinese car owners to organize in an attempt to defend their consumer rights.
On May 2nd, Tesla's website displayed a global price increase for its electric vehicles. This comes after multiple price cuts earlier this year. The starting prices of Model 3 and Model Y have both risen by 2,000 yuan ($289) in China.
China's auto market experienced challenges in October. Tesla's late October price reduction in China raised questions regarding whether or not there will be price reductions by other new energy vehicle enterprises in the country.
Heated discussion arose Tuesday night on Chinese microblogging platform Weibo regarding the drastic dropping of prices for digital collectibles on iBox.