The last payment was reduced by 8000 yuan, and it was reported that the AITO M5 / M7 car closely followed Tesla's price reduction.

CTOnews.com, October 25, Tesla announced yesterday that Tesla in Chinese mainland region is selling Model 3 and Model Y with an adjusted starting price of 265900 yuan for Model 3 models and 288900 yuan for Tesla Model Y models (both are subsidized starting prices).

According to news obtained by thepaper.cn from the AITO sales store of Huawei and Selis, the M5 and M7 models of the brand have also begun price reduction and promotion, with a direct reduction of 8000 yuan when the final payment is paid.

According to the report, many people in the industry believe that the wave of price cuts in the automobile industry is about to begin.

CTOnews.com learned that Cyrus Group and Huawei jointly launched AITO M5 / M5 EV / M7 and other models, which delivered 10142 vehicles in September, a record high. In addition, since August, the AITO interlocution series has delivered more than 10,000 in a single month for two consecutive months.

"250,000 yuan, Huawei Yu Chengdong released the first Hongmeng car AITO M5, which is scheduled to be sold nationwide on the first day."

"starting from 319800 yuan, AITO QQ M7 officially released: equipped with Huawei Hongmeng intelligent cockpit, mobile App fully on board, the first batch of August delivery"

"Huawei Yu Chengdong releases AITO interface M5 EV pure electric vehicle: from 288600 yuan, equipped with Hongmeng HarmonyOS 3.0 intelligent cockpit."