Why is the Dongfeng EX1 so cheap?

[LucilleFitz]

The reasons for the relatively low price of the Dongfeng EX1 are as follows: 1. Positioning of domestic brands: Dongfeng Fengshen is a well-established domestic electric vehicle brand in China. Domestic car brands focus on cost-effectiveness, thus having a price advantage compared to joint-venture brands. 2. National policy reasons: Currently, the country strongly supports new energy electric vehicles, with various regions introducing subsidies for new energy vehicle owners. At the same time, automakers can also receive national subsidies. Moreover, the Dongfeng Fengshen EX1 is positioned as a family commuter car. Below is some relevant information about the Dongfeng EX1: 1. Dongfeng New Energy is a sub-brand under the Dongfeng Group, with a relatively low-end positioning, mainly producing small pure electric vehicles. 2. The Dongfeng EX1 is the only model under Dongfeng New Energy, positioned as a small pure electric SUV.