Geely's Zeekr 001 Makes a Move with 10% Price Drop in Response to Tesla's Model 3

Wednesday, 28 February 2024, 07:30

In a bold move, Geely's premium electric-vehicle brand Zeekr slashes prices by 10%, intensifying the competition in China's EV market. The price reduction comes after rivals like BYD initiated discount strategies, setting the stage for an electrifying battle among local players.
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Geely's Zeekr 001 Makes a Move with 10% Price Drop in Response to Tesla's Model 3

Geely's Zeekr 001 Challenges Competitors in EV Segment

Geely's premium electric-vehicle unit Zeekr has implemented a 10% price reduction, ramping up competition in China's EV market. This strategic move follows similar discount initiatives by other local players, signaling an escalating price war in the electric vehicle sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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