Huawei AITO follows Tesla, cuts price upto $4470

On January 13, Huawei powered Chinese car maker AITO announced a new price cut of upto 30000 yuan ($4,470) after American EV giant Tesla reduced the prices. This new price and services for new and existing customers will be applied from January 13, 2023, as a New Year’s Thanksgiving.

According to the price reduction details, AITO M5 EV rear-wheel drive standard version is 259,800 yuan, straight down 28,800 yuan ($4,172). While M5 EV four-wheel drive performance version is 289,800 yuan, down 30,000 yuan ($4,470).

After the price reduction, the price of the M5 EV is basically the same as that of the Tesla Model Y rear-drive version. The price of the M7 luxury version is basically the same as that of the Model Y with long battery life. It is obvious that it is a close match.

Unlike Tesla, AITO has plans for existing customers. Even the M5 extended range version that did not participate in the price reduction discount this time, the old users can also get 2 years of basic maintenance, and with the M5 EV and M7 participating in this discount, old users Users can get more compensation.

In addition, all existing models of AITO will undergo OTA upgrade in the near future, adding features such as a super home screen, smart car search, HUD height automatic adjustment, and more. There will also be new optimization coming to the smart travel experience of AITO.

Among them, all M5 EV users can get 33,000 yuan of rights and interests, including the first owner to verify the vehicle warranty to 8 years/160,000 kilometers (estimated 21,000 yuan), and 120,000 AITO points (worth 12,000 yuan).

Owners of M7 Comfort Edition and Deluxe Edition can obtain rights and interests worth 35,000 yuan, including the first owner’s verification of vehicle warranty up to 8 years/160,000 kilometers (estimated at 23,000 yuan), 120,000 AITO points (worth 12,000 yuan).

Owners of the M7 flagship version who have not lowered the price this time, and the first owner can also receive a welfare policy of 8 years/160,000 kilometers (estimated at 23,000 yuan) for the entire vehicle warranty.

After the official announcement, Huawei Yu Chengdong immediately posted a blog saying: AITO Wenjie delivered more than 75,000 vehicles last year. It is the fastest-growing new energy vehicle brand. Thank you for your support!