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...Xpeng pays dealers a commission based on a fixed percentage of the sales price of each vehicle under a “sales agent” model....
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...Regarded as one of China’s biggest challengers to Tesla, Nio has not turned a profit almost a decade after its founding, and is lagging behind local peers such as Li Auto and BYD in sales growth....
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...Incentives including a Rmb8,000 insurance subsidy and a Rmb10,000 paint change discount will also expire at the end of March, meaning the total effective price increase will be about 9 per cent....
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