AutoBeta(AutoBeta.net)12/01 Report--

On December 1st, Ji Yue Motors announced a price reduction of 30, 000 yuan for all series of Ji Yue 01, with a price range of 219900-309900 yuan. For regular users who have already picked up the car, Ji Yue will give cash compensation of 30,000 yuan for the price difference according to the price of the latest model.

The official of Jiyue said that starting from 19:30 on November 30th, on the basis of the direct drop in car prices, users will enjoy some rights and interests reduction when they buy Jiyue 01 Max, including a 10000 yuan discount for 100kWh ternary lithium battery pack. 1000 yuan purchase original price 15000 yuan comfort set (including front seat ventilation, massage, Nappa leather seats, real aluminum decoration, imitation suede ceiling, ROBO SOUND sound system, main driving head pillow audio, car fragrance generator and 3 fragrance substitute core); 2000 yuan upgrade original price 10000 yuan 21-inch sports rim set; 2000 yuan upgrade original price 10000 yuan Xinghe purple / star orange car paint; ROBO Drive Max high-grade smart car time limit buyout discount 30000 yuan.

Ji Yue Automobile is a new brand jointly launched by Geely and Baidu. Ji Yue 01 is the brand's first model, based on the same SEA Haohan architecture as Pole Krypton 001, positioning large SUV in pure electricity, and providing single-motor and dual-motor models with a maximum range of 720km. It should be noted that Ji Yue 01 has only been on the market for about a month. On October 27th, Ji Yue 01 was officially listed, with a price range of 24.99-339900 yuan at that time.

After the price reduction of 30, 000 yuan in the whole department of Ji Yue 01, it means that the price of the entry version of the car has dropped to 219900 yuan, which may have an advantage in the price compared with the models of the same class. Potential competitors for the new car include Xiaopeng G9 (RMB26.39-419900), Avita 11 (RMB30.00-390000), M7 (RMB24.98-379800) and Tesla Model Y (RMB26.64-363900).

On the same day, BYD announced that from now on to December 31, 2023, a number of models under BYD's Dynasty and Ocean Network will launch time-limited preferential policies, including Qin, Han, Tang, Song, Yuan and other models. Among them, the models of dynasty net can enjoy a discount of up to 20, 000 yuan, while oceannet can enjoy a discount of up to 2000 yuan to 20000 yuan.

FAW Toyota officially announced that from December 1 to December 18, some of its models will enjoy financial programs such as direct purchase tax subsidy of 5000 yuan, replacement subsidy of up to 6000 yuan and low down payment / 0 interest rate, including Carola, RAV4 Rongfang, Asian Dragon, Grevia, Crown Lu Fang, Ling Fang, Ruifang, Asian Lion, Yize and so on.

Changan Automobile and Changan Auchan offer time-limited discounts, and you can enjoy cash discounts and other preferential activities and financial policies for the purchase of designated models from December 1 to December 31, including Changan third-generation CS75 PLUS, 2023 Changan UNI-V, Changan Auchan Z6 Smart iDD, Changan Auchan Z6 and Changan Auchan X5 PLUS, with a discount range of 15000 yuan to 30, 000 yuan.

In addition, Zero announced that its models on sale in December booking preferential policies, set Zero C11, Zero C11 Super extended range, Zero run C01 Super extended range, Zero run T03, enjoy cash concessions, financial discounts, optional funds and other multi-purchase benefits. According to officials, users can enjoy a cash discount of 5000 yuan to 17000 yuan per vehicle if they pay a deposit of 5000 yuan through zero running official channels from December 1, 2023 to December 31, 2023. Some models can also get optional funds of up to 5000 yuan per vehicle.

Near the end of the year, the impulse of car price reduction is a common practice used by automakers.

Retail sales in the passenger car market grew 17 per cent to 1.389 million vehicles during the same period from November 1 to 26, and cumulative retail sales rose 4 per cent year-on-year to 18.656 million vehicles so far this year, according to the federation of passengers. From November 1 to 26, retail sales in the new energy vehicle market grew 33 per cent year-on-year to 563000 vehicles, and so far this year cumulative retail sales increased 34 per cent to 6.517 million vehicles. The Federation predicted: "with the continued strength of the car market, car companies have completed their annual tasks relatively well, and the car market is expected to grow by about 20% in November compared with the same period last year."

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