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premium SUV market

Coverage of premium SUV market in the Nexus archive.

Earliest in view: May 21 · 09:01 UTCMost recent: May 21 · 09:01 UTC

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BUSINESSMay 21 · 09:01 UTCSCMP WORLD
Does Xpeng’s 33% cut on its new 6-seat SUV portend a price war in the premium segment?
Xpeng has cut the price of its new GX electric SUV by 33% to 269,800 yuan, down from the pre-order price of 399,800 yuan, signaling intensifying competition in China's premium SUV market. Analysts warn this price reduction could trigger a broader price war in the segment as carmakers compete for market share.