Honestly, I am very hesitant about price reductions. It’s not that I don’t like to get discounts when buying a car, but official discounts have a significant impact on the price of second-hand cars. The usual practice is to offer terminal discounts. Before, the second-hand car market for XX was still quite good, but now it is better to buy domestically produced cars than to go for their discount.
No wonder major automobile manufacturers frequently criticize and disapprove of this practice. The first one to speak out against it was Fei Fan, one of our competitors. Their price of 218,500 RMB is even more cost-effective; they can also swap batteries like NIO, with Nappa leather, OLED screens, and AR-HUD. Needless to say, XX will lose in these aspects. Perhaps those who buy XX are just doing it for the nostalgia.
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.