Chinese car makers cut EV and hybrid SUV prices in Brazil

Omoda & Jaecoo, part of the Chery Group, reduced the price of its Omoda 5 HEV Luxury hybrid SUV from R$ 164,990 to R$ 159,990 in a June‑long promotion, making it cheaper than the entry‑level Volkswagen T‑Cross (R$ 161,490). The Omoda 5 offers a 235 hp combined power output, 0‑100 km/h in 7.9 seconds, urban fuel consumption above 21 km/l and a 1.83 kWh hybrid battery, along with a 12.3‑inch digital cockpit and seven airbags.

GWM Brazil launched a discount on the Ora 03 BEV58, cutting its effective price from R$ 169,000 to R$ 149,000 after a R$ 20,000 invoice bonus or zero‑interest financing. The hatch now matches the BYD Dolphin GS, priced at R$ 149,990. The Ora 03 features a 58 kWh battery, an Inmetro‑rated range of 315 km, 171 hp and level‑2 driver‑assistance systems. The promotion follows the recent launch of the Ora 5 SUV at R$ 159,990.

Both discounts illustrate an intensifying price war among Chinese automotive brands in Brazil’s burgeoning electric‑vehicle market, aiming to attract cost‑conscious consumers and challenge established rivals such as Volkswagen and BYD.