Di Yi Cai Jing·2025-11-14 03:12Group 1 - The average price reduction for new energy vehicles in October 2025 reached 18,000 yuan, with a reduction rate of 11.1% [1] - From January to October 2025, the average price reduction for new energy vehicles was 21,000 yuan, with a reduction rate of 10.8%, second only to 2022 [1][2] - In comparison, the average price reduction for conventional fuel vehicles was 14,000 yuan, with a reduction rate of 8.4% during the same period [1] Group 2 - In October 2023, the average price of pure electric vehicles after discounts was 138,000 yuan, with a reduction of 12,000 yuan and a reduction rate of 8% [3] - The largest price reduction among pure electric vehicles was 36% for the Hongqi EQM model, with a new minimum guide price of 89,800 yuan [3] - For plug-in hybrid vehicles, the average price after discounts was 218,000 yuan, with a reduction of 42,000 yuan and a reduction rate of 19% [3] Group 3 - Despite the price reductions, companies need to focus on profitability, as seen in the Q3 financial reports [4] - Great Wall Motors reported a more than 30% decline in profitability for Q3 [4] - GAC Group posted its highest net loss since going public, with a Q3 net loss of 1.774 billion yuan, an increase of 27.02% year-on-year [4]