Post-subsidy prices for all versions of the 2022 Ora Good Cat model were raised by RMB 6,000-7,000 ($1,100) effective March 23.
Ora, Great Wall Motor's electric vehicle (EV) brand, sold 14,264 vehicles in March, up 9 percent from 13,049 in the same month last year and up 128 percent from 6,261 in February, according to figures released today.
Ora sales in the first quarter were 33,754 units, up 10 percent from 30,683 units in the same period last year.
Ora's production in March was 14,429 units, up 13 percent from 12,756 units in the same period last year, the Great Wall Motor announcement showed. The Ora brand produced 33,654 units in the first quarter, up 9 percent from a year earlier.
Great Wall Motor sold 100,930 all vehicles in March, down 9 percent from 110,736 in the same period last year.
Its best-selling Haval brand sold 54,534 units in March, down 19 percent from 67,187 units a year earlier.
Prices for all versions of the 2022 Ora Good Cat model were raised by RMB 6,000-7,000 ($1,100) after subsidies effective March 23, amid price increases by dozens of Chinese car companies.
This is due to the continued sharp increase in upstream raw material prices, Ora previously said.
The move may have helped boost potential consumers to place orders before the price hike.
Ora's models include the Good Cat, Good Cat GT, White Cat and Black Cat, with a price range of RMB 69,800- RMB 154,000, with the price range for the White Cat and Black Cat being RMB 69,800- RMB 88,800.
At the end of February, Ora stopped accepting orders for the White Cat and Black Cat, two lower-priced models, in China, saying they continued to bring the company substantial losses.
(Image credit: Ora)
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