Visitors take photos of a car from BYD at the Chengdu Motor Show in August this year. The carmaker reported a 142 per cent jump in year-on-year sales last month. Photo: Xinhua
Visitors take photos of a car from BYD at the Chengdu Motor Show in August this year. The carmaker reported a 142 per cent jump in year-on-year sales last month. Photo: Xinhua

Chinese electric-car buyers opt for cheaper models as gloomy economic outlook takes toll on sales

  • Sales of new-energy vehicles fell 9 per cent month on month to 556,000 units in October, according to the China Passenger Car Association
  • Mercedes-Benz cut prices of its flagship EQS battery-powered cars by as much as 230,000 yuan (US$32,150) to boost flagging sales

Visitors take photos of a car from BYD at the Chengdu Motor Show in August this year. The carmaker reported a 142 per cent jump in year-on-year sales last month. Photo: Xinhua
Visitors take photos of a car from BYD at the Chengdu Motor Show in August this year. The carmaker reported a 142 per cent jump in year-on-year sales last month. Photo: Xinhua
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