NSANF - Nissan rattles electric vehicle sector price cut as it slashes prices of its Ariva EV offering in China by about $8740
- On Monday Nissan ( OTCPK:NSANY ) cut prices of the Nissan Ariva, the all-new electric crossover SUV in China, according to Cnevpost report.
- The Nissan Ariva is currently offered in four versions, including two single-motor versions as well as two dual-motor versions, all with starting prices reduced by RMB 60,000.
- With the move, Nissan ( OTCPK:NSANY ) has now lowered prices of the Nissan Ariva for Chinese auto buyers by a discount of up to 60,000 yuan ($8,740), making it the latest Japanese car company after Toyota to offer significant discounts for EVs.
- The Nissan Ariva was officially launched in China on September 27, 2022, and Nissan said at the time that it was the first global model under its Nissan Next strategy.
- Nissan became the latest Japanese car company after Toyota to significantly lower the prices of EVs in China, after Tesla lowered the prices of all China-made models on January 6 , which had a great impact on the Chinese EV industry.
- The Seeking Alpha Quant Rating on Nissan is flashing Strong Buy.
- Dig into Nissans Q3 earnings report .
- Also, Dig into the latest European auto registration data .
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Nissan rattles electric vehicle sector price cut as it slashes prices of its Ariva EV offering in China by about $8,740