Even more intriguing is that in 2025, when EV subsidies recede and price wars intensify, GAC Toyota is set to launch major ...

For example, GAC Trumpchi has offered a subsidy of up to 25,000 yuan for the GS4 Plus, while GAC Toyota has provided discounts of up to 38,000 yuan for the Wildlander. SAIC Volkswagen has launched a ...