At the beginning of the Year of the Dragon, the mainland passenger car market immediately sparked a price war. On February 19, BYD announced the official launch of the Qin PLUS Glory Edition under the Dynasty series, with an official guide price starting at 79,800 yuan. At the same time, car manufacturers such as Wuling, Changan Automobile, Nezha Automobile, Beijing Hyundai, and SAIC-GM have joined the price war, collectively announcing significant price reductions for multiple models. Currently, the number of car manufacturers that have initiated a new round of price cuts has exceeded 20.

At the beginning of the Year of the Dragon, the mainland passenger car market immediately sparked a price war. On February 19, BYD announced the official launch of the Qin PLUS Glory Edition under the Dynasty series, with an official guide price starting at 79,800 yuan. At the same time, car manufacturers such as Wuling, Changan Automobile, Nezha Automobile, Beijing Hyundai, and SAIC-GM have joined the price war, collectively announcing significant price reductions for multiple models. Currently, the number of car manufacturers that have initiated a new round of price cuts has exceeded 20.

BYD cuts prices to 70,000 yuan; how long can the price war last?

$Tesla(TSLA.US)特斯拉在电动汽车市场面临激烈的竞争，包括丰田等老牌汽车制造商以及 Lucid Motors 和 Rivian 等新玩家。虽然起步的早但不代表可以笑到最后。

Tesla

Lucid

Rivian Automotive

Toyota Motor

TM ADR US

Daniel Wan

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