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BMW cuts prices for its China-made electric SUV by $10,000

BMW cuts prices for its China-made electric SUV by $10,000

Posted By: Editorial Teamon: January 28, 2021In: BUSINESSNo Comments

BEIJING — German automaker BMW has cut prices for its all-electric iX3 SUV in China, bringing the car into closer competition with vehicles from Tesla and Chinese start-ups like Nio. BMW’s website said as of Thursday, the recommended retail price for the iX3 will start at 399,900 yuan ($61,713). That’s down 70,100 yuan — or about $10,800 and 15% cheaper […] Read more

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