Price Change
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CAAM has included raw material price inflation in its monitoring, senior official says
Regulators have taken a clear stand against unfair competition and have made it clear they will firmly crackdown on such behavior, a senior CAAM official said.
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E-scooter maker Niu Technologies to raise prices by up to $157
Niu Technologies, which prices most of its products below RMB 5,000, blames the move on a sharp increase in upstream raw material prices.
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Chinese regulators express concern over rising EV battery material prices
Chinese regulators are asking industry players to step up efforts to secure supplies to better support the healthy development of China's strategic emerging industries, including NEVs.
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NEV maker says CATL has raised battery prices twice since second half of last year
The cost of a NEV increased by RMB 10,000 ($1,570) after the last battery price hike, and rose by another RMB 10,000 not long ago.
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Nio says it has no plans to raise prices at this time
Battery maker CATL is one of the largest shareholders of Mirattery, Nio's battery rental service joint venture.
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Great Wall Motor's Ora brand hikes prices by up to $1,100
Ora will adjust the post-subsidy prices of all versions of the 2022 Good Cat model by RMB 6,000-7,000 ($1,100) starting March 23.
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WM Motor raises prices further by up to $4,090
After raising the prices of some models on March 1, WM Motor will raise prices again by 7,000 to 26,000 yuan ($4,090) starting March 28.
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Li Auto CEO expects more EV makers to raise prices as Q2 battery costs rise ridiculously
Li Auto CEO said that most of the EV makers that have not yet announced price increases are those whose contracts with battery suppliers have not yet been finalized, and they will also increase prices once they are.
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Geely's EV brand Geometry raises prices by up to $1,100
Geometry has raised the prices of its models by RMB 3,000-7,000 ($1,100) due to factors including rising raw material prices.
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Leapmotor raises prices of its flagship SUV by up to about $4,720
Leapmotor said this is due to a sharp increase in raw material prices and a reduction in state subsidies for NEV purchases.
