China Electric Vehicle Manufacturer Xiaopeng announced that the price of some car models will be reduced from now.

Xiaopeng Automobile announced on the official WeChat account on Tuesday (January 17), starting the Spring Festival price from now on.

According to the announcement, in order to provide users who love only cars with better model options, on the occasion of the Spring Festival, from 2 pm on January 17, 2023, Xiaopeng Automobile will start G3I/P5/P7's New Year's New Price System.At the same time, the first car owner who ordered G3I/P5/P7 within one year before the release of this announcement will be given to the Chinese New Year.

According to Wall Street News reports, Xiaopeng Automobile Officer announced that the price will be adjusted, and the overall decrease will be from 20,000 yuan to 36,000 yuan (the same, about 3907 to 7034 yuan).

It is reported that the price of Xiaopeng G3I has fallen from 168,900 to 201,900 yuan to 148,900 to 176,900 yuan.The price of Xiaopeng P5 has dropped from 1799,900 to 225,900 yuan to 156,900 to 202,900 yuan.The price of Xiaopeng P7 fell from 239,900 to 285,900 yuan to 209,900 to 249,900 yuan.

According to Yahoo Finance, Chinese automobile manufacturer Selis has reduced the starting price of AITO's electric vehicle by 30,000 yuan from last Friday (13th).The seminar series was jointly developed by Chongqing automobile manufacturers and Chinese technology giants Huawei. The price reduction was a New Year gratitude feedback.

On January 6, Tesla reduced the price of the Model 3 and Model Y cars, about 6%to 13.5%.After Tesla announced the price cut, Aito was the first Chinese electric car brand to follow up.