Dozens of Chinese EV makers announced plans to raise prices in March as raw material prices continued to rise sharply.
(Image credit: Voyah)
Voyah, Dongfeng Motor's (HKG: 0489) premium electric vehicle (EV) brand, announced a price adjustment on Thursday as planned, raising the prices of the pure electric versions of its only model, the Voyah FREE, and leaving the price of the extended-range versions unchanged.
The prices of all three versions of the pure electric Voyah FREE will be increased by RMB 10,000 ($1,580), bringing the prices to 343,600 RMB, 358,600 RMB and 373,600 RMB respectively.
The two versions of Voyah FREE with extended-range technology will remain unchanged at RMB 313,600 and RMB 333,600 for now.
The price adjustment will be effective from 0:00 on May 1.
It is worth noting that while the prices of Voyah FREE's models with extended-range technology will remain the same, the lowest-priced version has been unavailable since March. The cheapest version of Voyah FREE's pure electric models is also unavailable.
"The base versions are in short supply and cannot be ordered," the information on Voyah's website shows.
Dozens of Chinese EV companies announced plans to raise prices in March as raw material prices continued to rise sharply.
Li Auto, considered Voyah's most direct competitor, announced late last month that it would adjust the price of the Li ONE effective April 1.
The price of Li Auto's only currently available model with extended-range technology will increase by RMB 11,800 to RMB 349,800 from RMB 338,000.
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